Even though headlines concerning global warming and greenhouse gases have largely disappeared, countries and companies are still looking for cost-effective ways to cut gas emissions.
The Dutch government is investing the equivalent of $26 million in projects that will clean up outmoded plants and foster alternative energy sources from Romania to Latin America. In exchange for the money, the Netherlands will get to count the reductions from these programmes against its own emission targets. The World Bank is working on a similar programme.
Cynergy, a U.S. power generator, is undertaking demonstration projects that involve growing crops that trap carbon dioxide before it leaks into the atmosphere.
Source: Geoff Winestock, Effort to Cut Greenhouse Gases Percolates on Back Burner, Wall Street Journal, February 1, 2002.
For text (WSJ subscribers)
http://online.wsj.com/article/0.4286.SB1012515224570741480.00.htm
For more on Global Warming Global Warming
http://www.ncpa.org/hotlines/global/gwhot.html
FMF Policy Bulletin\6 February 2002
