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Copenhagen will shape the environmental future of the world, but in many ways, it will determine its economic future as well. The key, Hedegaard insists, will be the world's two biggest carbon emitters, the U.S. and China, each of which essentially sidestepped Kyoto. (Though China ratified the Kyoto Protocol, it wasn't required to do anything.) Hedegaard sees hope for firm carbon targets. In the U.S., Obama has talked green early in his term, added incentives for energy efficiency and renewables to his stimulus plan and supports a domestic carbon cap-and-trade program that experts believe needs...
...very low-key non-confrontational style. He gets along with Democrats." -Linda Fowler, professor of government at Dartmouth College in Hanover, N.H. Bloomberg News...
News for farmers making a living off the isolated fields and forests of Burma has been dismal over the past few months. Prices for rubber, a key crop, are down an estimated 75% in the southeastern Mon State. Rice has lost a quarter of its value, while maize has been cut by half. Teak, betel nut and palm oil have also been ravaged by the global drop in commodity prices, throwing millions of Burmese who barely cling to the poverty line further into distress...
...cooperation - and the resulting bargaining process could be lucrative for those caught in between. That's the message of Tuesday's bombshell dropped by Kyrgyzstan: President Kurmanbek Bakiyev ordered the U.S. to close down an air base in his tiny central Asian country that is used to provide key air support for NATO forces in neighboring Afghanistan...
...Kyrgyz leader's announcement came on the same day that militants in Pakistan blew up a key Khyber Pass bridge, cutting NATO's main supply line into Afghanistan and highlighting its vulnerability. Of course, Bakiyev happened to be standing alongside Russian President Dmitri Medvedev at a Moscow news conference when he served notice on the U.S. to vacate the Manas air base. Moscow, in fact, had just promised to give Bakiyev a vital $2 billion economic bailout package. Russia's motivations, and its intentions, are ambiguous. (See pictures of NATO's vulnerable Pakistani supply route...