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U.N. says credit crisis could enable "green growth"
October 11, 2008 08:59 AM - Reuters

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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Cost of Deforestation is Vastly Greater than that of the Current Financial Crisis
October 11, 2008 09:12 AM - , Triple Pundit

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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SPOTLIGHT

Burma Bans Nine Imported Milk Powder Products

redOrbit
Myanmar's junta has banned nine dairy products found to be contaminated with melamine, state-run newspapers reported Friday. The official government announcement published in all three state- run newspapers said the nine brands of milk powders were contaminated with melamine and the government "hereby prohibited" their import, processing, distribution and use.
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COMMENTARY

Carbon traders or corporate raiders?

Sena Christian , newsreview.com
California’s environmentalists don’t always see eye to eye. That’s especially true when it comes to the best way to reduce the state’s carbon emissions, as required by the landmark Global Warming Solutions Act of 2006, better known as Assembly Bill 32. Some environmentalists argue that carbon-trading programs offer the best compromise between free enterprise and government regulation. But environmentalists who oppose so-called “cap-and-trade”ť programs claim that compromise comes at the expense of the poor and minorities, whose communities are often the hardest hit by air pollution.
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