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But in the meantime, some (countries as well as companies) may not be
depending on Kyoto to chart a strategic direction that makes intrinsic
sense, across several value axes.

For example, this excerpt from Worldchanging post on Brazil earlier this week:
Lula: Brazil Is More Than Carnaval and Street Kids.’ It’s also a growing economy, running a massive and successful microcredit program, investing in biodiesel as a strategic priority, making a big move into wind energy and opening its carbon emissions trading program.