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Another alleged scam unearthed in the carbon markets

(March 30 , 2010) Carbon markets are again facing allegations of a scam involving the trading of carbon credits. Reuters reports the Australian company WesternField Holdings Inc. has been accused of defrauding investors down under of A$3.5 million ($3.2 million) through a telemarketing swindle. Although blacklisted by the country’s securities regulator, the firm continues to operate.

Tackling corruption in Haiti is possible. Here’s how

(March 30, 2010) Haiti and its donors need to face up to bad governance and failed aid. They need to develop a strategy against corruption. This means more than controls and audits, more than training and technical assistance, needed though they are. We must ask how the design and implementation of Haiti’s reconstruction and development strategy might address what public administration experts Derick Brinkerhoff and Carmen Halpern called the sanctioned plunder that was and remains the core of Haitian politics.

HIPC debt relief is not the solution

(March 30, 2010) HIPC was a necessary evil we agree. We also recognize that it is a stop-gap measure that addresses the symptoms of our under-development, rather than the causes a half-hearted response to the ever-growing agitation for total debt cancellation that characterized the 1990s. But, even total debt cancellation will not solve our problems. At best, it will provide a temporary respite from the excruciating poverty we have known for decades now.

City to start progressive charging for water

(March 23, 2010) Beijing will pilot progressive charging for residential water consumption in the first half of this year, according to the Beijing Water Authority. Progressive charging for residential use will work on a quota basis, the Beijing Water Authority said Sunday. A consumption quota will be given to residents, from which anything over the fixed amount will be charged at twice the standard rate.

As economy booms, China faces major water shortage

(March 16, 2010) A decade ago, China’s leaders gave the go-ahead to a colossal plan to bring more than 8 trillion gallons of water a year from the rivers of central China to the country’s arid north. The project would have erected towering dams, built hundreds of miles of pipelines and tunnels, and created vast reservoirs with a price tag three times that of the giant Three Gorges Dam.

When the Mekong runs dry

(March 17, 2010) Low water levels on the upper Mekong River have renewed criticism over hydropower dams China has erected on the waterway’s upper reaches. Environmental groups and governments have pinned blame on China’s inward-looking water management policies, although some experts say the real culprit is unusually severe drought conditions in southwestern China, northern Thailand and Laos.