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.