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...Politics of Climate Change Greenpeace wants wealthy industrialized nations to pay into a U.N.-run REDD fund that would protect priority areas of deforestation in Indonesia, Congo and the Amazon. A $40 billion - a-year fund "could get us to zero deforestation by 2020 - globally," says Kessler. But will rich nations cough up that much? The U.S., the E.U. and Japan are all "willing to put money on the table" for REDD, he adds. "Just to put it into perspective, $40 billion is about a quarter of what the U.S. gave in bailout funds to one insurance company...
...shuttling visitors across the lake. And armies of three-wheeled taxis, known as tuk-tuks, were imported from Asia to help move tourists around. Business is down significantly this year. Hotels say they have about half as many guests as usual. Tuktuk drivers report they barely make enough to pay for gas. Restaurant owners are considering giving up. The global recession may be a major factor but the stench isn't helping...
...opposition is doubtful of the regime's intentions. Oury Bah, head of the opposition party Union of Democratic Forces (UFDG), says the junta is in dire need of cash to pay its supporters. "They need money to stay in power," he says. "They're ready to sign anything." For its part, the opposition is refusing to take part in talks with the junta aimed at creating a national unity government, saying that doing so would only legitimize Camara's rule. As Bah says: "There's no reason to be optimistic...
...which is why in this year's mad present-buying rush, I'm not celebrating the notion that I get to pay less. I'd rather have the sorts of things that only come with a higher price...
...sign of this trend: PayPal reported a 25% increase in the dollar volume of sales on Thanksgiving Day from the same day a year ago, according to Amanda Pires, senior director at PayPal. The online pay site is used by consumers to make purchases at online retailers and at its sister site, eBay. (See the best tech gifts...