Word: riches
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...palm.'" In partnership with the Australian investment bank Macquarie Group, FFI has six other REDD schemes: three in Indonesia and others in Cambodia, Ecuador and Liberia. Last month, governors Irwandi and Schwarzenegger joined 30 other subnational leaders - including a dozen other U.S. governors and the leaders of forest-rich Brazilian states Amazonas and Mato Grosso - at a climate summit in Los Angeles, where they called upon governments to include REDD within the global framework for combating climate change. Sun of Carbon Conservation hopes one day to see "a global infrastructure of forest factories, producing oxygen and absorbing carbon dioxide...
...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...
...investment and development has translated into prosperity for Xi'an residents. The per capita GDP of the city has increased 150% between 2001 and 2008 to $3,800 (though it remains far behind rich coastal cities like Shanghai, where GDP per capita exceeds $10,500). Consumer spending is growing quickly as well. In the first nine months of 2009, retail sales in Xi'an jumped 19% compared to those in the same period a year earlier, well above the 14.8% posted in China's cities nationally. BofA Merrill Lynch estimates that retail sales in the western provinces rose...
...freak accident in which the TiVo remote flew out of my hand and sliced both our jugulars, so we discussed whom we'd choose as Laszlo's legal guardian. We immediately thought of my father and his wife, since they are responsible, patient, happy, amazing with children and very rich. But they're old. Laszlo would think music consisted of nothing but Steve Lawrence and Brenda Lee and was accessible only through four-digit cable channels. Plus, they live in the Hamptons, so Laszlo would grow up with a snobbery completely different from the snobbery we intended...
Harvard’s massive library system is a university treasure. Preserving the quality and size of this rich academic asset is a worthy goal, and even in the midst of a recession, when cuts must be made and services must be discarded, the library system should be one of the last to feel the pinch. Hopefully, this principle will guide the university’s plan to revamp the library system to make it more centralized, digitized, and cost-effective, allowing Harvard’s collections to emerge from budget cuts more or less intact...