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Factsheet: The emissions imbalance

In 2007, the US had less than 5 per cent of the global population, but it accounted for 20 per cent of global CO2 emissions. India, with almost 17 per cent of global population, accounted for less than 5 per cent of the emissions.  More on who is emitting and how much. Read more

Factsheet: The emissions imbalance

In 2007, the US had less than 5 per cent of the global population, but it accounted for 20 per cent of global CO2 emissions. India, with almost 17 per cent of global population, accounted for less than 5 per cent of the emissions.  More on who is emitting and how much. Read more

Count the natural debt, too

Now that Europe’s debt crisis is unfolding all around us, shouldn’t we question why the world is determined to live beyond its means and not worry how it sabotages our common future? The debt crisis is a mere symptom of a deeper malaise. The fact is that countries, private companies and individual households can run only if they can borrow against their assets and hope that the debt will grow slower than the value of their asset. Most financial analysts will now tell you that this business is doomed because of the Ponzi scheme nature of the loan business, where borrowing is used to speculate to get more loans and so repayment becomes difficult and over time impossible.