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...Despite the discord, and the inevitable banality of the Summit's centerpiece document, plenty is still achieved in and around these gatherings. They remain a key forum for sharing experiences and practical solutions to some of the epic problems on which governments can't agree, formalizing an emerging global 'civil society' to engage with common problems and search for working solutions. It is in the networking and the sharing of ideas in hundreds of smaller seminars and presentations that the real impact of the Johannesburg summit will occur. And the growing power of that global, non-governmental constituency of environmentally...
That's bad news for the party in power, which is why President Bush last week invited 240 people who agree with his economic policies to praise them at a forum in Waco, Texas. He talked of corrupt ceos in terms he once reserved for Osama bin Laden, but offered little more than assurances that "we're the greatest nation on the face of the earth." The markets--which matter more than ever in politics now that nearly half of all U.S. households hold investments--were paying more attention to the downbeat noises coming out of the Federal Reserve...
...investments to companies that meet certain environmental and social criteria. Assets in U.S. socially screened funds surpassed $2 trillion last year, a 36% increase since 1999 and a rate of growth 1.5 times as fast as the average of other professionally managed U.S. funds, according to a Social Investment Forum study...
...begin harnessing those billions in the service of a cleaner planet, Sandor plans by early next year to launch a trading forum called the Chicago Climate Exchange, in what would be the first U.S. marketplace for greenhouse-gas emissions. More than two dozen major U.S. companies, including Ford, DuPont and American Electric Power, plus five Mexican and Canadian firms, along with Chicago and Mexico City, have been involved in setting up the exchange and have expressed interest in participating, pending further negotiations. As a group, Sandor says, they represent emissions nearly equal to those of Germany...
...That's bad news for the party in power, which is why President Bush last week invited 240 people who agree with his economic policies to praise them at a forum in Waco, Texas. He talked of corrupt CEOs in terms he once reserved for Osama bin Laden, but offered little more than assurances that "we're the greatest nation on the face of the earth." The markets-which matter more than ever in politics now that nearly half of all U.S. households hold investments-were paying more attention to the downbeat noises coming out of the Federal Reserve...