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Cost of Deforestation is Vastly Greater than that of the Current Financial Crisis
While your 401K smolders in ruins, take a gander at this BBC article and it might give you some perspective. Unfortunately, it's not immediately an optimistic perspective: We are actually losing more money through deforestation than through the current financial meltdown. The reasoning behind this is clear when we start calculating the often overlooked value ofNatural Capital - resources provided by our environment including minerals, water, air, sunlight, heat, plants, animals, and other organic matter.
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U.N. says credit crisis could enable "green growth"
UNITED NATIONS (Reuters) - Instead of sidelining the fight against climate change, the global credit crisis could hasten countries' efforts to create "green growth" industries by revamping the financial system behind them, the U.N. climate chief said on Friday.
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Cutting air pollution in cities may raise global temps, says scientist
Cleaning air in Beijing and in other large cities suffering from pollution problems by limiting car and power-plant emissions may raise global temperatures instead of lowering them, a German scientist warns.
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Carbon tax seen as best way to slow global warming
Climate taxes, not cap and trade markets alone, will lead to the vast technological changes the world's energy system needs to fight global warming, a top U.S. economist said on Thursday.
Cap and trade has emerged as the dominant attempt to slow global warming. Global deals in permits to emit greenhouse gas emissions have hit nearly $65 billion a year.
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Ethiopia signs deal for largest wind farm in Africa
Ethiopia on Thursday signed a 220-million-euro (300 million dollar) deal with a French company for the construction of Africa's largest wind farm.
The contract was inked by representatives of the Ethiopian Electric Power Corporation (EEPC) and French wind turbine manufacturer Vergnet.
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