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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...

Author: /time Magazine | Title: Tallying Biofuels' Real Environmental Cost | 10/23/2009 | See Source »

After the University’s endowment lost $11 billion this past year—falling to $26 billion—Harvard’s endowment assets now outnumber its debt by a factor of four, compared to a factor of nine last year...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: University May Assume More Debt | 10/23/2009 | See Source »

...Even when his portfolio took a hit during the crisis, he maintained the ratio by investing more cash into stocks in order to compensate for what he had lost in the market decline. This “rebalancing” is Mankiw’s main active portfolio strategy. Otherwise, he says, he is relatively passive...

Author: By Noah S. Rayman and Elyssa A. L. Spitzer, CRIMSON STAFF WRITERS | Title: Economics Professors Push Safe Investing Strategies | 10/23/2009 | See Source »

...Crimson hadn’t lost a game by more than a touchdown since a 34-13 defeat at Yale on Nov. 18, 2006. But the players aren’t hanging their heads...

Author: By Scott A. Sherman, CONTRIBUTING WRITER | Title: Crimson Looks To Run over Rival Princeton | 10/23/2009 | See Source »

...received assurances from federal officials that should detainees be brought to Standish, no land near the prison would be seized to expand the facility. But the prison would largely be managed by military personnel, and it's unclear how many local residents would be hired. (See "How Detroit Lost...

Author: /time Magazine | Title: Michigan: Send Us Your Prison Inmates | 10/22/2009 | See Source »

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