| The European superyacht industry has
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| | being emitted by some 95 per cent.
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| blossomed over the last ten years, with
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| | Prince Albert
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| multi millionaires and billionaires
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| | The leadership for the move to a greener
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| buying yachts in the tens of millions of
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| | Monaco has come from Sovereign Prince
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| Euros price range - and when it comes to
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| | Albert, who has been successfully
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| some billionaires they seem intent on
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| | campaigning among world leaders since his
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| buying a fleet that would put some small
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| | inauguration two years ago to move the
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| countries navies to shame.
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| | environment up the political agenda, and
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| Despite being the second smallest country
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| | it has brought the issue to the fore at
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| in the world Monaco has established
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| | home.
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| herself as the natural European home for
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| | Prince Albert signed Monaco up for the
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| many of the world's wealthiest men and
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| | Kyoto Protocol shortly after becoming
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| women due to her tax haven status, with
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| | Sovereign, and a few months later left
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| many more visiting on holiday while
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| | behind the comfort and glamour of his
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| cruising the Mediterranean for the Monte
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| | palace and Casino Square for the wilds of
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| Carlo casino - and Monaco has managed to
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| | Antartica to see for himself the damage
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| stay as a top destination by cleverly
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| | being caused to the glaciers because of
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| spotting and exploiting trends ahead of
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| | global warming.
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| her competitiors.
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| | Upon his return he set up a foundation
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| The Monaco Yacht Show is part of the
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| | with his own money to study the impact of
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| attraction for the super-rich, and has
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| | rising sea levels, and since then has
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| firmly established itself as the leading
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| | been active in the attempts to publicise
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| super yacht show in the world over the
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| | the need to cut CO2 emissions in the
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| last fifteen years. For Monaco itself the
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| | industrialised world.
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| Yacht Show is second only to the Monaco
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| | In recent months he has met both Prince
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| Grand Prix for visitor numbers. Combined
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| | Charles and President Chirac of France to
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| with the Hotel de Paris and other Monaco
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| | discuss global warming. Although he spent
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| hotels the principality has successfully
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| | some time in the US in his early days and
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| secured her position as a natural
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| | speaks English fluently, he hasn't had to
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| environment for the wealthy to live or
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| | learn French and can converse with
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| visit.
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| | leaders the world over without the need
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| Monaco is showing that cuts in carbon
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| | for a translator.
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| emissions and other greenhouse gases are
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| | Close to the Fontvieille harbour where
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| possible in a land of plenty, and the
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| | the yacht show takes place, a new island
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| Monaco Yacht Show has successfully
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| | is to be built, and the bidders have been
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| achieved carbon neutral status for the
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| | told that a successful application must
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| 2005 and 2006 events, with plans to
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| | be environmentally friendly, and some
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| repeat this for 2007, establishing itself
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| | proposals indicate that the island will
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| on the map of Monaco as an
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| | be a floating one to avoid any disruption
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| environmentally friendly event.
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| | or damage to marine life.
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| To attain carbon neutral status last
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| | With real estate in Monaco the highest
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| year, the organisers sponsored various
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| | priced in Europe, the new apartment
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| projects in Europe and further afield to
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| | buildings will be welcomed by the
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| offset carbon emissions generated by the
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| | property sector as there is a very real
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| show.
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| | shortage of property for new residents,
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| The show paid for wind turbines In New
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| | forcing prices even higher. One bedroom
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| Zealand, generating enough electricity
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| | apartments are currently exchanging
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| for 45,000 homes and in Brittany France
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| | owners at over a million Euros.
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| paid for a heath to be planted with
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| | The environmentally friendly island will
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| chesnut and oak trees to protect water
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| | also include new Monaco hotels, a
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| catchments and provide a recreational
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| | university and possibly a museum, with
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| area, while in the USA paid for a methane
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| | the winning bidder due to be announced
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| capture system, reducing the amounts
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| | towards the end of the year.
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