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March/ April 09:
It seems that while most governments focus is on the current "so called" banking crisis, a much bigger issue - the environmental crisis - is passing them by?
In the Green Room this week Andrew Simms argues that a failure to organise a bailout for ecological debt will have dire consequences for humanity as a whole.
"Here we are, faced with the loss of an environment conducive to human civilisation, and we find governments prostrate before barely repentant banks, with their backs to a far worse ecological crisis "
Each year, humanity's ecological overdraft gets larger, and the day that the world as a whole goes into ecological debt - consuming more resources and producing more waste than the biosphere can provide and absorb - moves ever earlier in the year.
NEWS ARCHIVE:
2009
Jan/Feb , March/april
2008
Jan/Feb, March/April , May/June , July/Aug
winter 08
2007
Jan/Feb, March/April , May/June , July/Aug,
Nov/Dec
2006
Jan/ Feb, March/Apr, May/june, July/August Sept/Oct, Nov/Dec
2005
Jan, Feb, Mar, Apr, May, Jun, Jul, Aug, Sep, Oct, Nov, Dec
2004
Jan/Feb, Mar, Apr/May, Jun, Jul, Aug, Sep, Oct, Nov, Dec
2003
Aug, Sep, Oct, Nov, Dec
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No Bailouts?
As "nature doesn't do bailouts", how have our politicians fared who ripped open the nation's wallet to save the banks?
According to the International Monetary Fund (IMF), the UK spent a staggering 20% of its GDP in support of the financial sector.
Yet the amount of money that was new and additional, announced in the "green stimulus" package of the Treasury's Pre-Budget Report, added-up to a vanishingly small 0.0083% of GDP.
Globally, the green shade of economic stimulus measures has varied enormously. For example, the shares of spending considered in research by the bank HSBC to be environmental were:
- the US - 12%
- Germany - 13%
- South Korea - 80%
Spam Causes TONNES of Co2?
A study into spam has blamed it for the production of more than 33bn kilowatt-hours of energy every year, enough to power more than 2.4m homes.
The Carbon Footprint of e-mail Spam report estimated that 62 trillion spam emails are sent globally every year.
Also see:
http://news.bbc.co.uk (Economy)
http://news.bbc.co.uk (Smam)
Sources: BBC.co.uk, McAfee
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