Word: cutting
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...that's rarely how it works in most biofuel production today. Instead, a long-standing forest might be clear cut in Indonesia and replaced with a plantation of palms to make biodiesel. That's where the accounting error crops up: we should assess the carbon lost in deforestation when we measure the greenness of biofuels, but that's not how it works under Kyoto, which simply exempts all CO2 emissions that come from using biofuels. CO2 emissions resulting from deforestation or other changes in the way we use land are not evaluated at all. The result is a huge...
...Most small biologics companies are still years away from seeing their first profits in this high-risk, high-return business. Their trade association, BIO, says that in the past 11 months, at least 40 of them have cut back or eliminated drug-development programs. The venture capitalists who invest in them "aren't looking to cure Parkinson's disease as much as they are looking for a return on their investments," says Greenwood. "They're just as happy to put their money into the next iPod." But increasingly, the big players in the pharmaceutical industry are moving into the biologics...
When rains slowed enough for people living in the central coast of Vietnam to venture outside and assess the damage, they were stunned at what they saw. In the night, Typhoon Ketsana had unleashed thousands of logs and cut timber, which had ridden the swollen rivers down the mountains, bashing anything and everything in the way. The lumber, much of which is believed to have been illegally harvested old-growth timber, clogged rivers and jammed under bridges and piers. For residents in the area who managed to harvest the wood, the rains last month brought riches. But Typhoon Ketsana also...
...trees are also being felled legally to make way for hydroelectric plants and resettlement projects up in the mountains. This week, the Forestry Protection Department at the Ministry of Agriculture and Rural Development ordered the provinces to determine how much of the wood washed downriver by Ketsana was illegally cut and how much of it was harvested from legal sources. In theory, each piece of legally cut old-growth timber should have a stamp of the forestry department...
...Quang Nam. Thousands of residents converged on the logjam at the Quang Hue bridge, he says. Despite the churning currents, people waded in to salvage the wood. Groups of men carried trees into town and sold them that same day. "Some even brought power saws to the site and cut the logs into timber like a carpenter's shop, selling it on the spot," says Dong. "There were so many people that the police and forest rangers couldn't stop them...