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Carbon Emission Trading Scheme: A New Eldorado

March 10, 2010 - Better than changing lead into gold, the biggest European polluters are now changing millions of tons of CO2 into millions of euros, thanks to the EU Emission Trading Scheme, a system initially intended to cut down on carbon emissions but having turned out in a money making opportunity.

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Created by Keiros 31 weeks 4 days ago – Made popular 31 weeks 3 days ago
Category: Economy   Tags:
11

Naomi Klein On "How Milton Friedman Saved Chile "

Ever since deregulation caused a worldwide economic meltdown in September '08 and everyone became a Keynesian again, it hasn't been easy to be a fanatical fan of the late economist Milton Friedman. So widely discredited is his brand of free-market fundamentalism that his followers have become increasingly desperate to claim ideological victories, however far-fetched.

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Created by Keiros 31 weeks 4 days ago – Made popular 31 weeks 4 days ago
Category: Economy   Tags:
5

How long can the U.S. dollar defy gravity?

February 24, 2010 - (Reuters) The only time the U.S. dollar ever took a serious shellacking in the marketplace, the wounds were almost entirely self-inflicted.

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Created by Asia 33 weeks 3 days ago – Made popular 33 weeks 2 days ago
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5

Food costs to soar as big freeze deepens

Britons have been warned to brace themselves for an increase in food prices as plunging temperatures leave farmers unable to harvest vegetables and hauliers struggle to distribute fresh produce.

Gordon Brown, who will chair a meeting of the Cobra emergency committee early this week to discuss the freeze, was today forced to reassure the country that it would not run out of gas or grit for its roads during the coldest weather in 30 years.

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Created by Kevin 39 weeks 4 days ago – Made popular 39 weeks 4 days ago
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4

Germany dismisses idea of European fund for Greece

February 15, 2010 - BERLIN (Reuters) : Setting up a European fund to help Greece is not a solution to Athens' debt problems, a German Finance Ministry spokesman said on Monday, dismissing an idea that has been discussed in Germany.

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Created by Keiros 34 weeks 5 days ago – Made popular 34 weeks 5 days ago
Category: Economy   Tags: