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...actually retarding the pace of reducing greenhouse gas emissions by subsidizing the dirtiest industries, which can rather easily and cheaply generate credits because they have the most to clean up and often have the resources to make improvements. Fluorochemical companies in India, for example, have been the biggest generators of CERs for the global market. That's because companies like SRF, a fluorochemical company headquartered outside of New Delhi, emit a gas called HFC-23 during the process of making chemicals for refrigerators and air conditioners. HFC-23 is 11,700 times more harmful to the atmosphere than carbon dioxide...
...sports, the New York Yankees won not only the World Series but Google's crown as well. They were the most searched Major League Baseball team, joining the Los Angeles Lakers for basketball and the Pittsburgh Steelers for football. Brett Favre's return to football was the biggest unretirement story of the year, dominating Lance Armstrong's return to the Tour De France as well as similar comebacks by boxer Floyd Mayweather and tennis star Kim Clijsters...
...cyberworld that scored the biggest gains this past holiday weekend. Online sales rose 35% on Black Friday and 14% on Cyber Monday from the same periods last year, according to Coremetrics, a Web-marketing firm. The average dollar amount per online order shot up 35% on Black Friday and 38% on Cyber Monday from a year earlier, the firm said...
...Long Will This War Continue? Obama's biggest challenge is to send the enemy and allies involved in the war a message of America's resolve to prevail by sending more troops, while reassuring his domestic audience that Afghanistan is no quagmire. That tension - time is an ally of your foes if they know when you're going to pull out - can't be papered over. The more explicitly Obama lays out timetables, benchmarks and deadlines, the less impact his reinforcements are likely to have on the ground. So look for him to insist that this isn't an open...
...safely say that we have succeeded in containing the risks of the global financial crisis in record time," he said last April. Indeed, even as the property bubble was bursting and throwing thousands out of work in his realm a year ago, Dubai played host to probably the biggest party ever thrown in the Middle East: a $20 million red-carpet extravaganza, with fireworks visible from outer space, to celebrate the opening of the $1.5 billion Atlantis hotel and resort. (See a story about whether Dubai's problems will spread...