Word: cheapest
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Dates: during 2000-2009
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...minimize production costs. Volkswagen, for example, plans to increase sourcing parts locally from 50% currently to 80% in the next two years, according to Joerg Mueller, head of the German carmaker's India group. (Watch TIME's video "Owning a Nano, the World's Cheapest...
...Read "The World's Cheapest Car Debuts in India...
...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 CDM has been to guarantee the cheapest option for the Western countries to balance their carbon books," says Sunita Narain of the Center for Science and Environment in New Delhi. "It's not [just]what is happening in India that is flawed, it is flawed in design...
...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, not a bad thing. That means that the atmosphere gets an emissions reduction at a cheaper cost...
...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. program called REDD - Reducing Emissions from Deforestation and Forest Degradation in Developing Countries - that offers a powerful financial incentive to keep forests intact. Here's how it works. Preserve Ulu Masen, and over the next 30 years an estimated 100 million tons of carbon are prevented from entering the earth...