Word: oil
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...Both parties to the fusion have grown big through mergers at home. Steelworkers currently only make up a fifth of USW's 1.2 million members, who work in such disparate sectors as mining, oil, paper, health care and security. Unite is the result of the consolidation last year of two other big unions, and its 2 million members also toil in a wide range of industries including aerospace, steel, brewing and transportation...
Coal, steel, oil - we think of these old-economy industries, and we picture pollution. Smoggy skies, fouled rivers, toxic waste. As we make the transition to a new economy, we imagine that industrial pollution will become a thing of the past. Mobile phones, laptops, MP3 players - they conjure images of spotless semiconductor factories and the eternal summer of Silicon Valley where the digital economy was born...
There was some positive news for John McCain this week. As the price of oil keeps climbing, so too, it seems, does the public's support for new oil drilling. At the very least, McCain's combination of aggressively pushing for new drilling and making bold proposals for ways to encourage development of alternative energy is helping him look strong and proactive on an issue that might otherwise benefit the Democrat. And, of course, the Administration's surprising deal with North Korea over the disclosure of its nuclear activities has the potential to give a boost to President George...
...Mugabe's regime. That's one reason why South Africa - where 1.5 million Zimbabweans are currently seeking refuge, their presence raising the recently violent ire of many poor South Africans - has held off from putting a chokehold on Zimbabwe, to which it supplies massive amounts of electricity. And if oil companies withdrew from Zimbabwe, for example, government officials would likely smuggle in enough fuel to keep the regime running, says Cargill, while "ordinary people would either have none or would have to request it from the government...
...they'll still bargain hard to ensure that rich nations bear most of the burden. The developed world is far from united - though E.U. nations have already committed to at least a 20% reduction in greenhouse gas emissions by 2020 (compared to 1990 levels), the U.S. and oil-rich Canada remain reluctant to tie themselves down. (President George W. Bush recently pledged to cap the growth in U.S. emissions by 2025 - a goal that's not even in the same galaxy as that of his European counterparts.) Host nation Japan, the most energy-efficient big country in the world...