Word: powerizers
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...concerns persist about whether the market is generating enough highly effective carbon-reducing projects, such as solar power plants and public transit systems - or if it is actually retarding the pace of reducing greenhouse gas emissions by subsidizing the dirtiest industries, which can rather easily and cheaply generate credits because they have the most to clean up and often have the resources to make improvements. Fluorochemical companies in India, for example, have been the biggest generators of CERs for the global market. That's because companies like SRF, a fluorochemical company headquartered outside of New Delhi, emit a gas called...
...these that seem counterintuitive to the very logic of the CDM. But the planet's atmosphere is perfectly happy with the tradeoff, says Derwent of the IETA, "just as much as it would be happy with the reduction of CO2 over a long period by the adoption of wind power in the place of coal." What matters is the absolute reduction in carbon emissions, regardless of the source, he says. "That's what markets do, they find the cheapest, most cost-efficient way of producing whatever it is that's demanded," says Derwent. "That's a good thing...
...Toranagallu, the Jindal plant continues to expand as the company pursues carbon credits by generating power through the burning of waste gas created during steel manufacture. In a bid for more carbon dollars, a second power plant was built. "The carbon revenues were a major factor in taking up these projects," says Suresh Iyer, the chief coordinator of carbon trading at Jindal South West. If a project is reducing carbon, he says, "we do take the initiative and put up the plant because of that." The second plant, which Iyer estimates cost the company $50 million to build, was approved...
This simple principle—that with great power comes great responsibility—is accepted by most prominent public figures, from Obama to other Western leaders to Spiderman’s Uncle Ben. The People’s Republic of China, though, seems to be having some trouble with...
...September, he and University of California at San Diego professor James H. Fowler ‘92 released a book titled “Connected: The Surprising Power of Our Social Networks and How They Shape Our Lives...