The world's environment and in particular global warming and the environment have been the top issues for Prince Albert of Monaco, and while he is preparing to mark the first year of his succession to the Principality of Monaco, a local destination guide suggests that the second smallest country in the world is in safe hands and can look forward to years of progressive economic and social policies that extend well beyond the borders of Monaco.
'Prince Albert has changed his playboy image', they say, 'since coming to power he has taken the initiative on environmental issues, for example in April he went to the North Pole to draw attention to his fellow world leaders that the environment should be top of their agenda, and he has made a concerted effort to put the environment on the map of Monaco issues that need addressing'.
The environment seems to be of particular concern to Prince Albert, and with this in mind the 2006 Monaco Yacht Show was carbon neutral. The organisers will be paying for a variety of green projects in Europe and further afield, including enough wind turbines in New Zealand to generate power for 50,000 homes.
In two further steps earlier this year to increase Monaco's influence in world affairs and to promote Prince Albert's concern for the environment, the Monaco government announced that it would calculate GDP for the first time, enabling Monaco to meet the UN's target of 0.7 per cent for developing countries, and Prince Albert himself founded a new foundation as 'part of his personal commitment for the protection of the environment and for sustainable development'.
Prince Albert's father, Prince Rainier who ruled Monaco for fifty years was known as the 'builder prince', as Monaco grew out of all recognition while he was in power, transforming the principality from a European backwater to Europe's top tax haven and home to many of Europe's top businessmen and sports stars.
Prince Albert has continued his father's tradition, with plans recently announced for an island to be built off Monte Carlo which will increase the size of the world's second smallest country. But bidders have been asked to plan the project with the environment in mind, as well as the Monaco Grand Prix. The possibilty exists that the Grand Prix circuit will be changed to encompass the new island - and with it more opportunities for overtaking.
Monte Carlo
Tradition and modernity have long been features of Monaco, and as well as a first class infrastructure, the Principality can boast one of the world's top hotels in the Hotel de Paris.
Along with the banking and finance sectors that help Monaco's economy to be one of Europe's most successful, tourism also plays a major part, with many visitors making day trips from neighbouring France and Italy.
'The Monaco Grand Prix plays a part of course', comment the guide, 'but many tourists want to see what it is really like to be in Monte Carlo, the millionaire's playground. Monaco hotels enjoy high occupation levels despite the day trippers though, as so many business people are in Monaco for two or three days'.
Property prices in Monaco are among the highest in the world, with one bedroom apartments after closing costs starting at around a million Euros.
It's thought unlikely that the new island to be built off Monaco will reduce prices much overall despite the increase in the number of property units available as Monaco property is always in demand.
A local real estate company believe that most new apartments will be sold to investors off plan well in advance of any building work starting.
'The problem with property in Monaco is not the lack of buyers', they say, 'but more the lack of good properties for buyers to choose from. Hopefully the new island will address that. Everyone in Monaco is aware of how important the environment is thanks to Prince Albert's initiatives in pushing it up the political agenda, and any new developments will be low rise. With the good weather in Monaco expect to see plenty of solar panels on the roofs to make the buildings energy efficient'.
During his first year Prince Albert has successfully made the people of Monaco aware of global warming and taken steps to combat it, and for his second year and beyond he is likely to be campaigning just as hard at home and abroad on the issue he believes in so much.
Environment And Global Warming
It is not difficult to become a believer in global warming. According to the U.S. National Climatic Data Center 2001 was the second warmest year on record and it was the 23rd consecutive year of above normal temperatures. Perhaps most troubling is the fact that the rate of temperature increase is accelerating. Add to this the data just released from insurer Munich Re stating that deaths from natural disasters were more than double in 2001 versus 2000 and insured losses were up more than 50%.UNEP estimates that the extra economic costs of disasters attributable to global warming are running at more than $300 billion annually.
Some 180 countries are proceeding toward an expected ratification of the Kyoto Protocol by the end of this year. Of the six gases it will control CO2 is by far the largest contributing nearly 90% of the global warming impact. The primary source of CO2 is the burning of fossil fuels. Therefore the focus on energy will continue to increase.
Throughout the world different methods are being used to encourage reduced energy use. Japan has enacted the Energy Conservation Law in 1999 mandating huge efficiency improvements by 2004 for nearly all air conditioning products. The U.S. has revised ASHRAE Standard 90.1 for buildings to raise the minimum COP level for centrifugal chillers from the current value of 5.2 to 6.1 effective in October 2001. DOE and Green Seal have revised their recommended efficiency levels to an even higher level of 6.27.
Some countries use laws. Others use codes and standards. An increasing number of countries are using environmental costing which increases the price of energy thereby increasing the financial attractiveness of high efficiency products. European countries have been using such “carbon taxes" for more than a decade. However a rapidly growing trend in developing countries is the reduction of subsidies to energy industries “so prices more accurately reflect environmental impacts" according to OECD’s Environmental Strategy for the First Decade of the 21st Century.
China has shown leadership by reducing subsidies to the coal industry from $24.5 billion in 1990 to $10 billion in 1996 resulting in 7% emissions reduction while seeing a solid economic growth of 36%! China is now moving aggressively into environmental costing with the just announced (1/13/2002) 5-year environmental plan that commits 700 billion yuan ($84 billion) to help protect the environment. The government will provide the fist 65 billion yuan to initiate the project but will apply the “polluter pays" principle for the rest. The “environmental protection authorities will collect funds from the pollution-producing companies". The impact on the price of energy is not known at this time. However it is clear that the addition of environmental costing will increase energy prices. According to a European Research Commission Report of July 2001 “The cost of producing electricity from coal or oil would double if costs such as damage to the environment and health were taken into account".
The global movement to high efficiency is accelerating just like the rate of temperature increase. But this is not all that is changing. This second environmental threat of global warming is making it clear that we need to give combined consideration to ozone depletion and global warming. But more important is the need to focus on the real issue which is the total environmental impact not address each individual environmental threat in isolation. This includes the concept of environmental risk exposure, which recognizes that there are other environmental threats that are less well understood today. However, there are “no regrets" decisions we can make today (such as minimum refrigerant charge, minimum atmospheric life refrigerants, etc.) to minimize these risks.
Combined consideration would place more emphasis on reducing the use of CFCs, which are still being produced in developing countries until 2010 in accordance with the Montreal Protocol. Little attention is being given the large contribution to global warming from CFCs. Actions which cause confusion and delay the phaseout of CFCs cause increased environmental damage rather than lessening the environmental impact.
The other rapidly changing factor in the HVAC industry is the shift to becoming a hermetic industry, where refrigerant is contained throughout the life of a chiller and recycled for further use when the chiller is replaced. This simple understanding that “if it doesn’t get into the environment it does no harm" is a powerful argument, which will lead to the continued use of the most efficient refrigerants in such closed hermetic applications as chillers. In just 15 years annual refrigerants emissions from chillers have been reduced from 25% to well below 1% today. This defines a whole different world than that which existed when the Montreal Protocol was crafted some 15 years ago.
But perhaps the most important change coming to our industry is the realization that there are no new or “perfect" refrigerants waiting to be discovered. There are eight elements that can be combined for use in a vapor compression cycle. All feasible combinations of these eight have been evaluated. The reality is “what we have now is all there is".
This recognition is why we are now seeing a shift from the search for a perfect refrigerant to a search for the right refrigerant(s) for the right application. Said another way, the highest efficiency refrigerants for the lowest emissions applications. Many in our industry call this “Responsible Use".
Both Roger Munns & Larry Butz are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Roger Munns has sinced written about articles on various topics from Marketing, Family Travel and Cars. YourMonaco is an on-line guide for Monaco and Monte Carlo at , Tribune properties offer to send current Monte Carlo real estate at. Roger Munns's top article generates over 201000 views. to your Favourites.
Larry Butz has sinced written about articles on various topics from Global Warming, Politics. Larry Butz is a business globalization and energy efficiency expert for GEA Consulting. GEA Consulting is a global resource dedicated to developing practical solutions that drive client revenue, efficiency, and operational productivity. GEA Consulting can. Larry Butz's top article generates over 1900 views. to your Favourites.
Aggressive Behaviour In Dogs While the bonding is very important to dogs and humans, it has served very different purposes in the evolution of each species over time