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Biochar's ability to sequester CO2 has given new urgency to such research. "Reducing emissions isn't enough - we have to draw down the carbon stock in the atmosphere," says Tim Flannery, chair of the Copenhagen Climate Council, a consortium of scientists and business leaders linked to next year's United Nations Climate Summit. "And for that, slow pyrolysis biochar is a superior solution to anything else that's been proposed." Cornell's Lehmann is even more emphatic. "If biochar could be massively applied around the globe," he says, "we could end the emissions problem in one to two years...
...climate change in Poznan, Poland, this month, avoided deforestation will be one of the main topics of discussion. "This is too important not to be front and 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...
...world economy falls on hard times, one of the big questions is whether these research efforts may be cut or curtailed. Björn Stigson is president of the World Business Council for Sustainable Development, an organization of about 200 companies committed to smart environmental policies. Some cutbacks are inevitable, he believes, but "sustainable development is now an integrated part of doing business. It's not a question of environment versus business. It's a business issue, and if companies don't address it, they will have problems with their license to operate and grow." His business council has been...
...these latter-day Hooverites? What prominent economist is out there opposing a stimulus? What politician has said he or she will pass up the opportunity to vote for spending a few hundred billion in a big hurry? Harvard professor Gregory Mankiw, who chaired George W. Bush's Council of Economic Advisers, noted puckishly in the New York Times that he has children, whereas John Maynard Keynes--the intellectual godfather of the idea that government spending can jolt you out of a recession--did not. But even Mankiw doesn't actually oppose the idea of burdening the children with more debt...
...since Fed Chairman Paul Volcker slew the inflation dragon almost three decades ago. But now it seems the risk is deflation, not inflation, so running up a tab and printing money to pay for it is a good thing. After all, Volcker is back, heading Obama's emergency economic council. If Volcker says it's O.K., that's good enough for me. So is there a downside at all, or is this medicine so delicious that you look forward to getting sick...