Word: globalizers
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...leaders put no specific numbers on the table, just a vague statement of intention that did little to clarify murky global climate negotiations: "Public and private financial resources to support mitigation and adaptation in developing countries need to be scaled up urgently and substantially," the statement said. Negotiators also eliminated a section of the agreement that would have specified that funding for climate adaptation had to come in addition to existing levels of foreign aid. Instead, the G20 leaders directed their finance ministers to return to the issue later in the year - with just three months to go before Copenhagen...
...with the ongoing climate negotiations. "It's a welcome initiative, but no one will underestimate the challenge that countries from the U.S. to India will face actually doing this," says Alden Meyer, director of strategy and policy for the Union of Concerned Scientists. (See pictures of the effects of global warming...
...week for climate news that began on Sept. 22 with a high-level U.N. summit on warming. Before "Climate Week" began, the U.S. Senate made intimations that it would not likely vote on a carbon cap-and-trade bill before the year was up, dimming the chances for a global deal at Copenhagen. But, then, China pledged to improve energy efficiency, while progress was made toward crafting a way to use global carbon markets to slow tropical deforestation. That gave environmentalists some hope. "Overall, I still feel better than I did a week ago," said Carstensen. "We had 100 leaders...
...question is whether world leaders will walk through it in time. In the U.S. and elsewhere, more is being done to grapple with global warming than ever before. Tighter energy efficiency standards are being passed, nations like Japan are pledging deep emission cuts and hundreds of billions of dollars are being spent on green stimulus for recovering economies. But the world is late - and time is short. "Our political method has so far failed to grapple with reality," says McKibben. "We have to understand that the negotiations aren't just between the U.S., the E.U. and China. We're trying...
...Yeltsin era (lest the masses not entrust their president with lots of power). Then, in May 2008, came Dmitry Medvedev, causing many to fret that the new president would not be as tough or undemocratic as his predecessor. Then came last September's Lehman Brothers collapse, triggering a global financial meltdown; the downturn fueled fears in Russia that the country was facing another crisis a la 1998, when tens of millions saw their pensions wiped out by inflation and Russia did indeed look to be unraveling. (See pictures of the remnants of Siberia's mysterious 1908 explosion...