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...Most informed people acknowledge that the financial mess began not with Republican deregulation but with liberal social engineering - exploited by Wall Street, to be sure, and unchecked by either party. If liberals rule unconstrained, we won't recognize our country in 30 years. Lori Zimmerman, Red Bank...
...exploited by Wall Street, to be sure, and unchecked by either party. A Republican House helped pass the Sarbanes-Oxley Act, the most sweeping regulatory bill since the time of Franklin D. Roosevelt. If liberals rule unconstrained, we won't recognize our country in 30 years. Lori Zimmerman, RED BANK...
Perhaps not surprisingly, in Reykjavik talk about geothermal power can sometimes take an evangelical turn. One afternoon in May, in the slick offices of Reykjavik Energy, Gudmundur Thoroddsson points out a World Bank study that lists electricity above corruption, crime and access to capital as the biggest obstacle to budding entrepreneurs in Africa. "It saddens me when I come to a place where you have a big oil-driven generator sitting on top of a geothermal field and you're paying three or four times the cost [for energy]," says Thoroddsson, the former CEO of Reykjavik Energy's investment...
...center on everyone's minds," says Jake Schmidt, head of international climate policy for the New York City-based Natural Resources Defense Council. "It will be a major focus." For international companies looking to invest in REDD projects, there's another reason for signing up. Not only can they bank carbon credits for future use, but there's a p.r. benefit that comes from protecting an endangered tropical forest that might not come, say, from cleaning up a chemical factory in China (even though the value to the climate is identical). That bonus appeals to corporations like AEP, which provided...
...Greenpeace, tend to be skeptical of market-based solutions to climate change in general, not just REDD.) That's partly thanks to a better understanding that "if deforestation is 20% of the problem, it should be 20% of the solution," according to Benoit Bosquet, team leader of the World Bank's Forest Carbon Partnership Facility, which helps developing countries prepare for REDD projects. Tree-spotting has improved; Japan's alos satellite uses cloud-penetrating radar to detect deforestation even in the rainy Amazon, making projects cheaper to police...