Word: crediteers
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...good news is that closing the biofuel loophole isn't that complex. All emissions from biofuels should simply be counted as carbon, and companies or countries that get their biofuels from sources that actually reduce greenhouse gases should get credit for those cuts. But politics will be another matter - the biofuel industry already has a lot of weight, especially in the U.S., where environmentalists need the votes of rural and Midwestern representatives in Congress if they are to have any hope of passing a cap-and-trade bill. Challenging the biofuel loophole could effectively scuttle cap-and-trade...
...give the calendar full credit. Halloween falls on a Saturday this year, purging all fear of a desk-side hangover. "That's a huge reason why we're throwing the party," says Amaya. "Let's just do it up." Recession-style, however: "Don't get me wrong, I'll be charging $5 at the door," says Amaya. "I need to get something back...
...Photo credit: Wikimedia/Anderson
During the dark days of the global credit crunch a year ago, policymakers around the world had a generally easy time coordinating decisions. As asset prices tanked, lending dried up and growth shriveled, governments and central banks were forced to take similar steps - pump up fiscal spending and slash interest rates to support growth and unfreeze financial markets. Now, as an economic recovery emerges, governments are hoping for another coordinated effort to exit from their massive stimulus plans, including near-zero interest rates. That intention was clearly laid out during the September G-20 summit in Pittsburgh, Pa. The leaders...
...There's clearly a concerted effort by sections of the party to give credit to Bo and make him more of a political rock star," says Beijing-based analyst Russell Leigh Moses. "He's popular among the younger generation, and to some extent is emblematic of new thinking and a new approach to politics...