Word: protocolic
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...reduce its carbon emissions to 10% below 1990 levels by the year 2010. To reach that goal, the company let each of its units trade the right to emit specified amounts of carbon (a system similar to one that may be set up among nations under the Kyoto Protocol). This has allowed managers to use their internal market incentives to cut carbon emissions as deeply and efficiently as possible. Result: BP hit its target this year--seven years ahead of schedule--at no net cost to the company...
...productivity, the President's goal is to accelerate that trend an additional 30%--the equivalent of taking 70 million cars off the road or avoiding roughly 500 million metric tons of greenhouse gases. In fact, meeting the President's goal will require emissions reductions comparable with what the Kyoto Protocol parties hope to attain--but without the devastating economic consequences of the Kyoto approach...
Despite this unprecedented effort, partisan critics still lament the President's refusal to support the Kyoto Protocol--forgetting that the Senate voted 95 to 0 against Kyoto's principles in 1997. It's worth remembering why: Kyoto would put millions of Americans out of work for the sake of meeting unrealistic targets that would have a negligible effect. The developing world, which will soon account for the majority of all greenhouse-gas emissions, has no obligations under the Kyoto Protocol. Even the industrialized world isn't expected to make major reductions in its emissions; rather, it will simply buy credits...
...published in English last year, became a best seller, and conservatives worldwide use its ideas to justify inaction on such issues as deforestation and global warming. "We should do something that actually does good and not sounds good," he says of the expense of complying with the Kyoto Protocol on global warming. "For the cost of Kyoto for one year, we could give clean drinking water and sanitation to every human being on earth...
...Driving the growth of wind power in Europe is the pollution-control requirements set forth in the Kyoto Protocol, which called for a 5.2% reduction in greenhouse gases like carbon dioxide. To meet the demands of Kyoto, the European Union adopted a target of producing 22% of electricity from renewable resources - hydro power and biomass in addition to wind power - by 2010. Merrill Lynch, the investment firm, said in a recent report that it expects wind power to grow 15-fold over the next 20 years, raising its market share to 6% in Europe and 5% in the U.S. Another...