Word: reductionisms
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Toranagallu illustrates another unintended consequence of the CDM system: it tends to prop up the dirtiest industries in developing countries such as India, essentially allowing the industrialized West to outsource the heavy lifting of greenhouse-gas reduction to the world's poorer nations. "The trouble is the design of the...
The CDM was meant to create a market-based system to curb global emission of greenhouse gases. To help make this happen, instead of strictly holding countries to their emission reduction commitments under the Kyoto Protocol, it allows companies and countries to continue to pollute if they offset their emissions...
It's easy to rush to condemn projects like 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...
Meanwhile, as the President gathers lawmakers, chief executives and union heads on Thursday at the White House for a jobs summit, business groups are pushing for an array of tax cuts. The National Federation of Independent Business would like to see a payroll tax holiday. The U.S. Chamber of Commerce...
The good news is that protecting forests "is one of the easiest and cheapest ways to take a big bite out of the apple when it comes to emissions," says Greenpeace spokesman Daniel Kessler. Ulu Masen will be one of the first forests to be protected under a pioneering U.N...