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Worse, many experts consider the offset system deeply flawed. A 2008 Stanford University study found that between one-third and two-thirds of carbon offsets under the U.N.'s Clean Development Mechanism - which oversees offset projects under the Kyoto Protocol - do not represent actual emission cuts. In addition, the USCAP proposal recommends that many of the initial carbon emission allowances under a cap-and-trade system should be given to industry free, rather than auctioned - even though auctioning would push carbon reductions faster. (President-elect Obama has said he's in favor of auctions.) "The proposal is a dead...

Author: /time Magazine | Title: Raising the Bar on Fighting Climate Change | 1/23/2009 | See Source »

...Planeteers to battle the enemies of Earth like Looten Plunder and Sly Sludge. (The early '90s were a simpler time.) The animated Captain Planet series aired for a few years before petering to an end in 1996 - just a little before the U.S. failed to ratify the Kyoto Protocol, which is almost certainly a coincidence...

Author: /time Magazine | Title: Introducing MNN, the New 'Green CNN' | 1/8/2009 | See Source »

...total, Bush has protected an oceanic area larger than Texas, a rare act worthy of praise in an administration with a dismal record of environmental stewardship—from refusing to sign the Kyoto Protocol to recently pushing through midnight regulations that allow coal-power plants to be built nearer to national parks. While it may be true that Bush “has done more to protect unique areas of the world’s oceans than any other person in history” as Joshua Reichert, managing director of the Pew Environmental Group, told the New York Times...

Author: By Steven T. Cupps | Title: No Reef is an Island | 1/8/2009 | See Source »

...expectations for the annual summit weren't high, thanks in part to a leadership vacuum in the U.S. and the nagging distraction of a worldwide financial meltdown, neither were its accomplishments. More optimistic observers pointed to pledges from individual developing nations to cut their carbon emissions; under the Kyoto Protocol, those countries aren't actually required to take any concrete action on climate change. Mexico should take a bow - America's significantly poorer neighbor promised to cut carbon emissions 50% below 2002 levels by 2050, far in excess of anything the U.S. has pledged. India announced a plan to boost...

Author: /time Magazine | Title: All Talk, Little Action, at UN Climate-Change Summit | 12/13/2008 | See Source »

...important to realize that those actions were taken individually, effectively outside the U.N.'s negotiations framework. The point of the Poznan talks was to smooth the way for a new international pact on climate change next year in Copenhagen, to replace the Kyoto Protocol, which expires in 2012. (If you're wondering why the world needs to come up with a new agreement to replace a pact that doesn't expire for another three years - well, that's U.N. speed.) And while U.N. officials maintained that Poznan set the stage for next year's deadline talks, most of the major...

Author: /time Magazine | Title: All Talk, Little Action, at UN Climate-Change Summit | 12/13/2008 | See Source »

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