Global environmental challenges
The U.S. is out to create a clean-air zone around its coastlines, targeting diesel ships that look pretty dirty from shore. The cost will be only a penny per pair of sneakers, the EPA advises. Of course the cost of shoes can sneak up on you — the total is $3.2 billion per year by 2020. Health savings will more than compensate for costs, they say.
The idea of who should pay for carbon in the course of trade is getting a bit hazier, it seems. China only a couple of weeks ago said importers should pay for the carbon costs of goods they buy which are produced in China. The thinking largely has been you-make-it-you-pay-for-the-carbon, but maybe it will become you-bought-it-you-bought-the-carbon. It’s all up for grabs as nations talk about what to do once the Kyoto protocol runs out in 2012. At least the U.S. and China are making nice noises at each other as discussions in Germany get under way.
BTW — to be fair that Reuters pic is of a cruise ship’s laundry room on fire. Perhaps another issue to debate is how many changes of clothes should be allowed in international waters.
Volkswagen’s U.S. chief ruffled some entrepreneurial feathers on Thursday when he told a group of business school students at UCLA’s Anderson School of Management that it will be 35 years before electric cars make up a significant portion of the world’s auto market.
During his prepared remarks, Volkswagen Group of America CEO Stefan Jacoby outlined the German automaker’s view that fossil fuels and traditional combustion engines will be with us for many years to come. VW, however, is committed to making them vastly more fuel efficient. The company is also investing heavily in so-called clean diesel technology, which reduces tailpipe emissions of climate-changing greenhouse gases while still giving cars their “fun-to-drive” pep.
The car is king in Southern California, so what better place for stressed out auto executives to blow off some steam and take a break from their considerable recent troubles?
That’s exactly what they did this week at the Los Angeles auto show, where many car manufacturers laid out plans for electric, fuel cell and diesel cars that they say are key to reviving the ailing industry.