Word: petrol
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Dates: during 2000-2009
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...remember once being woken up at five in the morning to drive a car to the petrol line,” he said. “I spent the entire day, until 11 p.m., there. And when I was literally four or five cars away, the fuel...
...them in recent months. But the slowdown currently underway in the U.K., for instance, "puts a bigger onus on these companies to explain lucidly what exactly that means," says Simon Webley, research director at the Institute of Business Ethics in London, which counts both BP and Shell as supporters. Petrol retailing, for instance, accounts for "very little of their profits," he says, "mainly because of the huge tax take from that. They will also have to point out the prices of investing in new resources is very capital intensive...
...cars and buses in America could be run on sugar-based ethanol-it is seven times more efficient to produce than corn-based ethanol. Interestingly, American cars used to run on ethanol. It was only when Prohibition came in, and people became concerned that car owners would drink petrol, that dirty oil replaced...
...Indonesia's carbon-rich peatlands alone releases some 1.8 billion tons of greenhouse gases, according to a Greenpeace report. Indonesia is the world's third largest emitter of greenhouse gases behind the U.S. and China, says the World Bank. "We liken what's going on [in Indonesia] to pouring petrol on a fire," says Martin Baker, a Hong Kong-based communications officer for Greenpeace International. "It's completely ridiculous to produce green fuels from places like this...
...easy to dismiss petrol-bomb throwers, but when millions of young people feel that the opportunities and costs of globalization aren't being fairly distributed, companies that appear sympathetic may gain a competitive edge. European and Japanese companies report that young graduates ask tough questions about a potential employer's social practices. And European firms, with their more developed commitment to social responsibility, Edelman argues, are developing a "halo effect" among consumers worldwide. For American firms competing globally, that's a reason to know what NGO stands...