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...Forest of Problems Avoided deforestation seems like a no-brainer - so why wasn't it included in the Kyoto Protocol? Ironically, it was omitted in part due to the work of a number of prominent environmental groups, including Greenpeace. They feared that avoided deforestation schemes could flood the trading market with countless cheap carbon credits; after all, there are an estimated 638 billion tons of carbon locked in the world's forests. If even a fraction of those credits are put on the market, it could let developed countries off the hook when it comes to making the hard changes...

Author: /time Magazine | Title: Green Banks: Paying Countries to Keep their Trees | 12/4/2008 | See Source »

...current cycle is how quickly the global economy got into this situation. Governments - from Ben Bernanke, chief of the U.S. Federal Reserve Board, to the Chinese communists to pretty much everyone in between - all know more or less that the only policy response available to them is to flood their economies with money. China announced a big stimulus package nearly two weeks ago, and in Beijing last weekend, government policymakers acknowledged that more is probably coming. In the U.S., another economic-stimulus plan seems inevitable; the Federal Reserve, meanwhile, is probably headed toward what in 1990s Japan became known...

Author: /time Magazine | Title: The Global Economy's Big Fear Becomes Real: Deflation | 11/21/2008 | See Source »

...described his networking through humorous portraits of the community members who helped him in his project. “Neighborhood ambassador” Robert Green, a New Orleans citizen whose FEMA trailer stood in the middle of the Ninth Ward as a memorial to family members lost in the flood, was instrumental in helping Chan. “[Green] didn’t know who the hell Godot was,” Chan said, “and he didn’t care.” When Green refused to join the project, Chan gave him a copy...

Author: By Madeleine M. Schwartz, CONTRIBUTING WRITER | Title: Paul Chan Deals with Difficult Subjects and ‘Three Easy Pieces’ | 11/21/2008 | See Source »

...explored how you can utilize the space created by art as a space for the fluid, a space to explore your own mind.” In “through/within/without,” Martin also tried to process the mainstream media’s flood of images of conflict. “Because of the rate at which the media produces images, it’s amazing how unable we are to catch up with and challenge it. But those images compose our perception of the trauma of those conflicts.” Sculpting in clay with photographs...

Author: By Matthew H. Coogan, CONTRIBUTING WRITER | Title: SPOTLIGHT: Trevor J. Martin '10 | 11/21/2008 | See Source »

...wake of disaster, the need to move on is natural. But in the mountains of Sichuan, the impulse to look forward is also a political decision. Too open an examination of the collapsed schools would expose deep flaws in regional governance and could unleash a flood of popular discontent. Yet even among those who are pushing ahead, the memories of the horror are unshakable. Here are four survivors' stories...

Author: /time Magazine | Title: Rising From the Rubble of the Sichuan Quake | 11/20/2008 | See Source »

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