Word: plan
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...Celera, the competing interests of a free public database and a corporation's stockholders proved hard to reconcile, and just two years after the White House ceremony, Venter was fired by the board. For solace, he decided to get away. Still a sailing enthusiast, he hit on a grand plan to mimic the journey of the H.M.S. Challenger, the vessel that in the 1870s conducted the first global mission to sample life from the oceans of the world. Venter would circumnavigate the globe with a crew of scientists and sailors and every 200 miles (320 km) would dip canisters into...
...plan could be remembered as the boldest E.U. initiative since the launch of the euro in 1999. It not only sets ambitious targets for the use of renewable energy, but would also force European companies to buy permits for greenhouse gas emissions. The plans are expected to cost the E.U. around $88 billion a year, and many European industries have already warned that the measures could force them to shut down...
...Barroso said the cost is low compared to the high price of inaction. "The longer we delay, the higher the costs of adaptation and mitigation," he said, adding that the overall price tag of the plan, at around 0.5% of E.U. gross domestic product, represented value for money over the long term. "This amounts to about three euros a week for everyone. A real commitment, but not a bad deal...
...Energy-intensive sectors such as aluminum, steel and cement have been vocal about their fears that they could lose business to countries with less stringent rules on carbon emissions. As a result, the plan raises the prospect of carbon tariffs on imports from countries that fail to sign up to a global climate change deal, such as the U.S. and China. "We want industry to remain in Europe. We don't want to export our jobs to other parts of the world," Barroso said...
...Buffeted by industries, trading partners, key E.U. member states and even environmentalists, the plan is unlikely to emerge unscathed if and when it becomes law, which even under the most optimistic scenarios won't happen until 2009 at the earliest. But grasping the nettle now could pay off big down the line, Barroso says: "Europe can be the first economy for the low-carbon...