Word: offsets
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Dates: during 2000-2009
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...since the logging and burning of trees is responsible for a fifth or more of global carbon emissions. The current Kyoto Protocol doesn't address the issue, and many - though not all - environmentalists would like to add avoided deforestation to a new global climate deal, allowing rich countries to offset some of their carbon emissions by paying tropical nations to preserve their forests. Although the idea is a controversial one - Greenpeace released a report in Bonn claiming that avoided deforestation would essentially let rich nations use it as an excuse not to make costlier emission reductions at home - a broad...
...thought, Why not host people in our own apartment?" Gebbia said. "It was a way to make a few extra bucks to offset our already expensive rent." The guys had an extra bed, a sofa and an air mattress and decided to offer, via the conference's website, ad hoc bed-and-breakfast accommodations. Thus was born AirBnB.com They made $1,000 that week and were shocked to find that their customers weren't teenage slackers but were instead older folks, including a 45-year-old father of three. Said Gebbia: "It completely blew away our assumptions...
...risk from rising seas caused by global warming, President Mohamed Nasheed has announced a plan to make the Maldives the world's first carbon-neutral country. Under the plan, the Maldives would generate electricity with wind turbines and solar panels and buy emissions credits from the E.U. to offset air travel for the estimated 600,000 tourists who visit its islands each year...
...point of view the Spartans' success may actually hurt Detroit. Yes, since a Michigan team is playing in the game, more fans will be crowding Detroit's bars and shops than there otherwise would have been. But since Lansing is a neighbor, a reduction in local hotel stays could offset this revenue. Fewer out-of-towners also means less spending at the airport and on transportation (cabs, rental cars, and so on). Also, it's safe to assume that a portion of the Michigan State basketball fan base would have spent money in Detroit even if the team...
...scheme could produce hundreds of billions of dollars in revenues, since almost every big company in America would need to buy the credits to initially comply with the more stringent standards. But most Republicans and many Democrats are demanding those potential funds be returned directly to consumers to help offset higher energy bills as utilities pass along to them the cost of modernizing. The Obama plan, however, envisions using 20% of these funds to pay for investments in green technologies and green jobs. "My first priority is that the money goes back to help those who will see their costs...