Climate Change must be tackled NOW

I know what you mean, but I tend to regard Commondreams.org as an ULTRA left information site in the same vein many liberals see NewsMax as an ULTRA right information site.

equipment purchased under the Section 179 deduction has to be employed over 50 percent of the time for business purposes. That means to deduct a Range Rover, the buyer has to prove that it's primarily a business asset; that the rich leather and wood interior, sophisticated suspension and four-wheel-drive system and elegant detailing are an integral part of doing business. That might be straightforward for, say, a developer whose various projects straddle a whole state and whose regular work includes transporting potential investors through the muck of construction sites. It would likely be tougher for the owner of a delicatessen. Especially since the IRS requires that the business use of any vehicle, including those not covered by the Section 179 deduction, be documented in writing.

And, of course, seeking a Section 179 deduction for a high-end luxury SUV could be just the sort of thing that attracts the IRS' attention to a tax return in the first place.

We are talking about the struggle to reduce CO2 emissions aren't we? c.i.

Still can't visualize the business use of such vehicles.

Scrat, The idea of introducing this 'tax cut" for huge vehicles was to show how diffficult it would be to even begin trying to tacke the emission problem - worldwide. It's one thing to say we are suffering from global warming, but yet another to implement any meaningful, universal reduction program. How and where do we begin - is the question. It's an uphill struggle not many governments or individuals are going to care to address. c.i.

McG, Have you ever heard of what has happened to the lumber industry in Peru? That's a microcosm of how humans will look at survival first and ecology second. c.i.

US, EU to Seek Carbon Dumps to Fight Climate Change

Quote:

Mon June 23, 2003 10:37 AM ET
By Robin Pomeroy
BRUSSELS (Reuters) - The United States will join forces with the European Union and other countries this week to develop a new technique to fight global warming -- pumping carbon dioxide underground, EU sources said Monday.

The move will be another symbol of rapprochement between the EU and the United States on the climate change issue. They fell out in 2000 when Washington withdrew from the Kyoto Protocol on cutting greenhouse gas emissions.

"Carbon sequestration" is a way of keeping CO2 from fossil fuel use entering the atmosphere and adding to the greenhouse effect which prevents heat radiating back into space by injecting it into rock strata, mines or gas or oilfields.

On the sidelines of a EU-U.S. summit in Washington Wednesday, EU Energy Commissioner Loyola de Palacio will sign an international charter with the United States and other countries including Brazil, Canada, Russia and China creating a "carbon sequestration leadership forum."

"It is a new charter on cleaning up carbon," an EU source told Reuters.

In a similar move earlier this month the EU and the United States agreed to collaborate on researching hydrogen power, which could have less environmental impact than other fuels.

Some environmentalists are skeptical of both hydrogen and carbon sequestration, saying they will allow the continued use of fossil fuels coal, oil and gas rather than a switch to renewable energies like solar and wind and reducing energy use.