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RSA: cautious welcome to Stern Review

Thursday, November 2, 2006 The Royal Society of Arts (RSA) gave what it called a “cautious welcome” to the Stern Review on the economics of climate change. The leader of the RSA’s CarbonLimited Project, Matt Prescott, agreed that this needed global co-operation, but urged the British government to expand the notion of carbon trading downwards […]

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US president Obama, Congress call for blocking of executive bonuses at AIG insurance company

Wednesday, March 18, 2009 United States President Barack Obama stated Monday that insurance giant AIG is in financial trouble due to “recklessness and greed,” and called for legal action to stop the company from giving out millions of dollars in bonuses to its executives. “It’s hard to understand how derivative traders at AIG warranted any […]

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