Economy News

California sets tough new clean car standards

The U.S. state that takes climate change most seriously—California—has unanimously approved new rules dubbed the Advanced Clean Cars program to lower carbon emissions, reduce oil dependence, mitigate health impacts from…

Global food prices set record in 2011

Children in Madagascar. Seventy percent of Malagasy people suffer from malnutrition. Photo by: Rhett A. Butler. Last year saw the highest average food prices since recording began in 1990, according…

Top 20 banks that finance big coal

A new report from civil and environmental organizations highlights the top 20 banks that spend the most money on coal, the world's most carbon-intensive fossil fuel. Released as officials from…

Civilization shifting: a new leaderless era

Self-organizing networks and open-source ventures in the age of global disruption "The American Empire, and the global political economy it has spawned, is unraveling—not because of some far-flung external danger,…

Tea party versus Madagascar’s forests

Children in Madagascar. Photo by: Rhett A. Butler. The Tea Party and the African island-nation of Madagascar are having dueling concerts over the issue of illegal logging, reports the Associated…

Germany backs out of Yasuni deal

Germany has backed out of a pledge to commit $50 million a year to Ecuador's Yasuni ITT Initiative, reports Science Insider. The move by Germany potentially upsets an innovative program…