Clinton: to curb greenhouse gases, focus on methaneformer U s. president Bill clinton on Thursday said that cities and the World bank should focus on methane, which is 25 times worse than carbon dioxide, to curb greenhouse gas emissions. Speaking from Sao Paolo, Brazil at the C40 meeting of mayors from the world's largest cities, Clinton said that methane--most prominently found in landfills--is low-hanging fruit that can make the biggest immediate impact to reducing the warming effect of greenhouse gases in the atmosphere. Why? Because focusing on gases other than carbon dioxide is cheaper, faster and more easily regulated, Clinton said. The financing has not been available for these things because they have been looked at as eyesores, not goldmines, Clinton reportedly said. $6. 4 billion in World bank financing may give us the chance to do something historic. Methane is one of the six gases covered by the 1997 Kyoto Protocol, produced by everything from household waste to charcoal burning to gassy livestock. The hope is that the World bank can play a central role in streamlining the application process for climate projects. It starts with its earmarked funds which could help stoke private investment. Bloomberg reports: The World bank agreement with the C40 will give cities one window  access to receive funding through climate investment funds, which they created three years ago, and in providing technical expertise for climate programs, Zoellick said. For too many people living in cities, frequent floods and landslides are already a fact of life,  Zoellick said. Climate change will make this worse. We must put cities on the front line of the struggle to adapt.  Is this the smarter way to reverse human impact on the atmosphere? It appears so. The question is whether we're trading one red tape-bound bogeyman for another. Here's the first half of Clinton's speech:..and the second half
Overtext Web Module V3.0 Alpha
Copyright Semantic-Knowledge, 1994-2011