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...estimates that about 20,000 of the biggest and most polluting ships contribute about half the carbon emitted by the industry as a whole, so any solution to the emissions problem could be implemented much more easily than, say, changing the 800 million or so passenger cars in the world. "Ships could be retrofitted to be cleaner and more efficient quickly," says Bradford. (See the world's most polluted places...

Author: /time Magazine | Title: Global Warming: Why Branson Wants to Step In | 12/31/2009 | See Source »

Branson's presence in Copenhagen earlier this month was about more than just the U.N. summit. The city is home to the A.P. Moller-Maersk group, the largest container ship operator in the world. Get it on board, and others in the industry might follow. "That's the spirit behind the Carbon War Room," says José María Figueres, the former President of Costa Rica and a member of the group's executive board. "We want to be an assembling and rallying point for all those who want to bring market solutions to bear on carbon emissions...

Author: /time Magazine | Title: Global Warming: Why Branson Wants to Step In | 12/31/2009 | See Source »

Given that the world is warming due in large part to business practiced as usual, it might seem unwise to let corporations take the lead on climate. And without at least the threat of government carbon caps and other regulatory action, it is hard to believe that all industries would take the initiative to reduce emissions - especially as the world staggers out of a recession. But with the current U.N. climate system looking dysfunctional in the wake of Copenhagen, and the prospects of cap-and-trade uncertain in the U.S. Senate, Branson might be playing the only game in town...

Author: /time Magazine | Title: Global Warming: Why Branson Wants to Step In | 12/31/2009 | See Source »

...just before midnight to mark the exact end of the year. The first ball to drop - an illuminated 400-pound iron-and-wood orb - was lowered from a flagpole. Tradition took root and the ball has heralded a new beginning almost every year since - in 1942 and 1943, during World War II, the ball was temporarily put out of commission by a war-time "dimout." Instead crowds gathered in the square and observed a moment of silence before hooting and hollering...

Author: /time Magazine | Title: Brief History of The New Year's Eve Ball | 12/31/2009 | See Source »

...nonetheless is reeling from the worst criminal violence in its history and one of its hardest economic slumps. "We are very near a social crisis," José Narro, the director of the National Autonomous University of Mexico (UNAM) in Mexico City, said recently. "The conditions are there." (Will the world end in 2012? What the Mayan prophecy is and how the movies...

Author: /time Magazine | Title: Why Mexico Is Anxious About Its Bicentennial | 12/31/2009 | See Source »

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