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...have been busy refining avoided deforestation to answer early criticisms. Because firms investing in carbon credits need to estimate how much deforestation would have happened without a scheme, REDD projects can only work in countries with high rates of deforestation. That alleviates concerns that money will be spent to protect forests under no threat. To address fears that protected forests might be lost through a fire or logging, brokers build in reserves - selling, for example, only 80% of the carbon actually contained within a forest, and tapping the remainder if some part of the protected area should be lost...

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

...Before the Saudi Arabian ship was kidnapped, there was no conflict and there was no noise from the Shabab, but now a source of their financial help has been touched," a Foreign Ministry official, speaking on condition of anonymity, told TIME. "We understand well that the Shabab wants to protect their ties to Arab countries, especially Saudi Arabia...

Author: /time Magazine | Title: A Pirate Ransom Deal: Who Gets the Money? | 12/4/2008 | See Source »

...Still, the capture of the Sirius Star - and the apparent decision to pay ransom to free the MV Faina - makes clear that the efforts of Western and other nation-states to deploy warships to protect commercial shipping from piracy have not been particularly effective against a handful of men equipped with a few rocket-propelled grenades, a fleet of rusty boats and a great deal of pluck. Restrictive rules of engagement and the hazy legality of arresting pirates whose home nation has no functioning legal system have left even the U.S. Navy unable to take the fight to the pirates...

Author: /time Magazine | Title: A Pirate Ransom Deal: Who Gets the Money? | 12/4/2008 | See Source »

...China,” which all lead to pages with information about Megee, not Harvard. James G. Ashe, who works for the Harvard Trademark Program, said that Harvard “does not necessarily have to have the trademark registered in all goods and services in order to protect the mark from unauthorized use.” Last month, Harvard won a lawsuit against a Philippines-based jeans company that printed “Harvard Jeans USA, Cambridge, MA, Established 1936” on apparel without license from Harvard, even though the University has not registered trademarks there...

Author: By Weiqi Zhang, CONTRIBUTING WRITER | Title: Chinese Company Rips Harvard Name | 12/3/2008 | See Source »

...political establishment. Viral Shah, a Mumbai college student, wore the same t-shirt that many others did; it read in deep red letters on the back: "No vote, no taxes." "I believe the government has completely failed," says Shah. "The politicians are so corrupt that they can't even protect a place as important...

Author: /time Magazine | Title: A Rally in Mumbai: "Remember 26-11!" | 12/3/2008 | See Source »

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