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Advocates have been busy refining avoided deforestation to answer early criticisms. Because firms investing in carbon credits need to estimate how much deforestation would have happened without a scheme, REDD projects can only work in countries with high rates of deforestation. That alleviates concerns that money will be spent to protect forests under no threat. To address fears that protected forests might be lost through a fire or logging, brokers build in reserves - selling, for example, only 80% of the carbon actually contained within a forest, and tapping the remainder if some part of the protected area should be lost...
...answer is yes, there is a downside. Even though amounts this large inevitably seem like toy money, it's a real trillion dollars we are talking about spending. Even if we spend the money wisely (on bridges to somewhere), we or future generations will still have to pay it off, with interest. Or, more likely, we will inflate it away, along with the life savings of those who were foolish enough to save all their lives. It's just that the downside of doing nothing is worse. It's an easy choice, I guess. But let's not pretend that...
...Baghdad's Shi'ites and Sunnis can, with some help from U.S. arms and cash, come to terms, can Kirkuk's three ethnic communities find political accommodation without American assistance? U.S. officials believe it's possible. But there is no clear answer to the question, Who really has the right to decide the city's future? The last official census was in 1957, when the Turkomans had a slight edge over the Kurds, 40% to 35%. In the 1970s, Saddam Hussein sought to reorder the city's demographics by driving out some Kurds and Turkomans and busing up thousands...
...because he wanted to carry on with his life." The day after Pat's cremation, he brought the younger woman into their home to be his second wife. "Would you say you have had a happy life?" the Nobel-winning novelist records asking Pat in his diary. "No direct answer," he writes. "It was perhaps my own fault," comes her faint reply...
With even the most aggressive plans to reverse global warming likely to take years to produce effects and population growth not likely to slow appreciably soon, the only answer is vastly improved water efficiency. That's where dry Australia is leading the way. In northern Victoria state, the government has launched a five-year, $1.3 billion project that will overhaul the region's century-old irrigation system, using computer-controlled channels that should significantly cut down on water waste, which today can reach 30%. "It's extracting the most benefit we can from the water we have," says Murray Smith...