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...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, if accidental error in the existing global carbon accounting system - and one that now stands to be repeated in the cap-and-trade bill up for debate in Congress...
...said Dan Shore, Harvard’s chief financial officer, in an interview last Friday. But he noted that even a “shrunken down” series of capital expenditures would remain sizable simply due to the University’s large size, and that as a result, “at some point during the next year or so we could be going to market again [for more debt...
...total value of Harvard’s debt increased by almost $2 billion last year as the University issued new debt to refinance old debt and to provide extra cash flexibility amidst sudden budgetary turmoil. As a result of the new debt, the University’s interest payments increased by $58 million this past year, the report said, from $146 million to $204 million...
...expense of the family’s cooperation, it is not legitimate civil practice to deceive the public. The Heenes too, of course, are at fault, and the state of Colorado may yet charge them with three felonies for their brash fame-seeking. If upheld, such charges could result in as many as six years in prison and $500,000 in fines. But the biggest culprit was the media, which forgot that its primary responsibility is not to tell unverified tall tales, but to report the facts...
...producing a persuasive argument for reopening the case is not the only result of the Medill project. The office of Cook County State's Attorney Anita Alvarez has subpoenaed a broad range of materials from Northwestern, from off-the-record interview notes and student memos to class grades and syllabi for the school's Investigative Journalism class, which worked on the project. (See a gallery of exonerated prisoners...