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Tag: economics

Radical New Market-Based Campaign Aims to Make Forests More Valuable Alive than Dead

Over the past 2 decades, since the first Earth Summit in Rio de Janeiro, we have witnessed the launch of many initiatives to stop deforestation. Despite the good intentions of each approach tried, we have continued to lose an area the size of New York City every other day to deforestation. These activities account for 17% of global greenhouse gas emissions – more than the entire global transportation sector. Code REDD plans to harness the economic activities that create deforestation as tools to fight it.

Throwaway Economy Headed for Junk Heap of History

In their book Cradle to Cradle: Remaking the Way We Make Things, American architect William McDonough and German chemist Michael Braungart conclude that waste and pollution are to be avoided entirely. β€œPollution,” says McDonough, β€œis a symbol of design failure.” The challenge is to re-evaluate the materials we consume and the way we manufacture products so as to cut down on waste.

Global Economy Expanded More Slowly than Expected in 2011

The global economy grew 3.8 percent in 2011, a drop from 5.2 percent in 2010. Economists had anticipated a slowdown, but this was even less growth than expected, thanks to the earthquake and tsunami in Japan, unrest in oil-producing countries, the debt crisis in Europe, and a stagnating recovery in the United States.

Food Price Spike Persisting

The UN’s Food & Agriculture Organization has released its monthly index of global food prices for November, and it shows persistently high prices across major food categories.