China's leading environmental watchdog has refused to disclose the results of a major national soil pollution study on grounds of state secrecy, according to a lawyer who requested the report's disclosure.
The Chinese government has admitted for the first time that decades of reckless pollution have spawned a string of toxic "cancer villages". The admission by China's Environment ministry came in a five-year plan on tackling pollution.
ByNick Chiu:Investors need to be aware that growing prosperity and urbanization could double the volume of municipal solid waste, MSW, annually by 2025, as reported by the Worldwatch Institute for its Vital Signs Online service. MSW consists of organic material, paper, plastic glass, metals, and other refuse collected by municipal authorities.
Kevin Grewal submits: In an attempt to bolster transparency, the SEC recently proposed more stringent disclosure rules for target-funds. Target-date funds are somewhat of a unique investment tool in that they are funds which automatically adjust their allocation of equities and bonds dependent on one’s retirement date. In general, the funds become more conservative by allocating more asset base to bonds as the retirement date nears.
Australia's Prime Minister Kevin Rudd warned there was no "magic pudding" solution to climate change on Thursday as he lashed out over the defeat of his flagship carbon-trading scheme.Rudd mocked the opposition Liberal Party's reported plan to slash pollution with energy efficiency measures as a "bit of fairy dust" and called for "wiser heads" to pass the bill at the third attempt.