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...financial incentive to start cleaning up their dirty industries. In mid-2005 the global carbon market sprang to life and three years later had grown twelve-fold to $126 billion, according to the World Bank. "In terms of total investment it's been a remarkable success," says Henry Derwent, President and CEO of the Geneva-based International Emissions Trading Association(IETA). "It's done exactly what was expected...

Author: /time Magazine | Title: An Indian Village Sees the Downside of Carbon Trading | 12/3/2009 | See Source »

...easy to rush to condemn projects like these that seem counterintuitive to the very logic of the CDM. But the planet's atmosphere is perfectly happy with the tradeoff, says Derwent of the IETA, "just as much as it would be happy with the reduction of CO2 over a long period by the adoption of wind power in the place of coal." What matters is the absolute reduction in carbon emissions, regardless of the source, he says. "That's what markets do, they find the cheapest, most cost-efficient way of producing whatever it is that's demanded," says Derwent...

Author: /time Magazine | Title: An Indian Village Sees the Downside of Carbon Trading | 12/3/2009 | See Source »

...Peppermint Bay This is a maritime city so best get out on the water and take the half-day Peppermint Bay Cruise, tel: (61-3) 6231 5113, which departs from the Hobart Cruise Centre at Sullivan's Cove. Heading out into the estuary of the Derwent River can be hair-raising when the Southern Ocean is choppy, but it's bearable on a large, luxury, high-speed catamaran. Soon you enter the tranquil waters of the d'Entrecasteaux Channel - named by early French explorers, who had friendly contact with local Aborigines before the British arrived and devastated the indigenous culture...

Author: /time Magazine | Title: Five Reasons to Visit Hobart | 8/20/2009 | See Source »

...version. I was delighted. The four child actors did a splendid job. Corliss should lighten up, take a break from postmodern deconstructionism and take a trip through the magic wardrobe! Despite what Corliss thinks, there is indeed fire, passion and a lot of fun in the film. KEN FAST Derwent, Alta...

Author: /time Magazine | Title: Letters: Jan. 16, 2006 | 1/8/2006 | See Source »

...perhaps the most stunning piece was Edward Derwent's Dante's Inferno (1986). Although loosely based on Dante's allegory, the tapestry, a scintillating combination of glass beads and nylon thread, challenging the very medium of tapestry...

Author: By Teri Wang, | Title: Threads of Dissent | 11/12/1999 | See Source »

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