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...which is helping Aceh's provincial government devise the scheme. "It showed there was appetite from investment banks to buy these credits." Merrill Lynch calls Ulu Masen "the world's first commercially financed avoided deforestation project." Money has been followed by political muscle: a year later, Arnold Schwarzenegger of California, along with the governors of Wisconsin and Illinois, signed a deal committing the state to finding ways to incorporate forest credits within U.S. carbon-trading systems. Ulu Masen is expected to generate $26 million in carbon credits in its first five years...
...Foreign investment is migrating to Xi'an for similar reasons. Unlike on the coast, where Hong Kong and Taiwan companies have set up countless export factories, the investments in Xi'an tend to be more domestically focused. In October, Applied Materials, a California-based maker of manufacturing equipment for the semiconductor industry, opened a solar-power research center in Xi'an, part of a $250 million investment in the city. The facility, unique to Applied Materials' global operations, will house solar-cell production lines to devise new ways of bringing down the costs of manufacturing panels. Though the results...
...Facebook and MySpace tightened their guidelines after getting complaints. Then a tech blogger confronted the CEO of a company that creates offers. She answered his accusations unwisely ("S___, double s___ and bulls___"), and it blew up online. Also on the Internet: footage of Pincus speaking at a University of California, Berkeley, event about how he funded his start-up. "I did every horrible thing in the book to just get revenues right away," he said. It's bravado that now makes Pincus wince: "I was selling myself short...
...campaign has been particularly depressing for Irish fans, partly because it started out so promisingly. The team had won four of its first five games by mid-October, when it hoped for an upset against hated rival the University of Southern California in South Bend, Ind. On the day of the game, thousands of fans formed a receiving line and screamed as the players strolled through the gauntlet of cheers. "Goddam gifts to God!" shouted one supporter in unholy praise. "Probably be the best damn moment of their lives." The team's captain and quarterback, Jimmy Clausen, 22, of Thousand...
...entire generation to learn about their country's terrible past. Youk Chhang, the director of the Documentation Center of Cambodia, says that the fact that the tribunal was held in Cambodia was key to sparking interest in the trial and knowledge about the period. In January, the University of California at Berkeley's Human Rights Center released a report saying that 85% of Cambodians had little or no knowledge of the trial. Now, with the distribution of a new textbook on the Khmer Rouge coinciding with the trial, Youk Chhang says "the whole country is aware...