Word: impact
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...economic research at Lewis Capital Markets in New York. But in reality, some OPEC leaders simply ignore their quotas, because they need every penny they can earn from oil. Among the bad boys: Venezuelan President Hugo Chávez and Iranian President Mahmoud Ahmadinejad, whose oil revenues offset the impact from Western sanctions and help finance their vote-getting social programs. Angolan officials this month told OPEC they needed an exemption from their quota of 1.5 million bbl. a day, since companies like Chevron and Total have invested billions in drilling off Angola's coast, and the country - most...
...Slow Money Alliance, set up as a nonprofit, brings the tenets of the Slow Food movement (buying local) to finance - exploring investment vehicles that re-circulate within the local economy, minimize environmental impact, stress diversity over monoculture, and earn decent returns. Tasch wants to give investors a stake in "restorative economy," building the food and ecological infrastructure on a community to community basis. (See the top 10 financial-crisis buzzwords...
...there are two models for change. One is a model that works through collective action and politics. And then there is the model that works through individual action and lifestyle change. People in the environmental movement have been working so hard for collective action that when No Impact Man first started to get attention, they became very concerned that people would only think they had to change their lifestyle and didn't have to worry about collective action. I think some people are very ambivalent about the possibility of political action, but are wiling to change their own lifestyle...
...based writer Colin Beavan was casting around for a new book idea a few years ago - and fretting over the state of the planet - when he had an epiphany. He and his family - wife Michelle and baby daughter Isabella - would live for an entire year while making as little impact on the environment as possible. That meant no motorized transportation, no elevators, no nonlocal food, no caffeine and (eventually) no electricity. TIME talked to Colin and Michelle about the new book and documentary on their green year, No Impact Man, and why pulling the plug on modern life...
...your year of living with no impact on the environment, what was the hardest thing to give up? Michelle: For me the hardest thing was giving up the caffeine. The brutal and ugly and murderous caffeine withdrawal - that was tough. And I wasn't able to see my family because they don't live locally, so it was great on day 366 to be able to get on a plane with my daughter Isabella and go see my parents...