| The recent Kyoto meeting taking place in | | | | better way to get the biggest polluter of GHG |
| Montreal, Canada holds a special significance; it | | | | involved. |
| reaffirms the commitment of various nations | | | | There are other issues that are slowing down the |
| towards reducing GHG (green house gasses) | | | | shift towards environmentally friendly technologies |
| which are thought to be the leading cause of the | | | | or fuels. The biggest of these issues is the lack of |
| global warming phenomena. As much as the | | | | resources. Lack of funding at the grass root level |
| treaty has brought to light the affects of GHG it | | | | is hampering the process. Young entrepreneurs |
| has been unsuccessful in convincing the United | | | | like me find themselves in a fix when it comes to |
| States of America and Australia to join in. | | | | raising financing for environmentally safe projects. |
| At this moment there is too much hype and little | | | | Resources need to be made available to help |
| action in the right direction. Profitability and social | | | | support environmental projects. Other issues that |
| issues dominate the agenda, while environmental | | | | are hindering the process are, high cost of initial |
| issues have been put on the back burner. We can | | | | investment (R&D), small market for the |
| only find a resolve to our current environmental | | | | products, and a long time frame needed for the |
| issues if we get the market involved. This has | | | | ROI (return on investment). |
| been successfully demonstrated by the Kyoto | | | | Slowly though, the realization is setting in that |
| protocol, which has allowed for the formation of | | | | some drastic measures need to be taken in order |
| the carbon credit market, where carbon credits | | | | to curb the effects of GHG and other pollutants. |
| are traded just like stocks are traded in the stock | | | | Companies such as Chevron, BP, Shell, Toyota |
| market. At the present moment there is too | | | | and GE are leading the way to help educate the |
| much too lose for the United States of America | | | | public, gather momentum and apply indirect |
| by signing the Kyoto protocol. The US estimates | | | | pressure of companies and governments to take |
| that it will cost the US economy $400 billion and | | | | green action. The process of implementing clean |
| thousands of jobs by signing the Kyoto protocol | | | | technologies to generate green fuel will take years |
| (The Wall Street Journal). Surely there must be a | | | | if not decades to commercialize. |