Tag Archives: recession

Is the Financial Crisis an Ecological Warning Shot?

October 24, 2008 – 5:02 am

Considering the financial implosion happening around the globe, I can’t help but feel a little strange writing about carbon offsets. With stock markets down up to 50%, banks evaporating, and whole countries going bankrupt, who has the time or money to think about carbon emissions?
But the Earth hasn’t stopped turning and we haven’t stopped pouring [...]

By Gideon Greenspan | Posted in News | Also tagged , , , , , , | Comments (4)

Will Recession Rain on the Carbon Parade?

January 22, 2008 – 11:04 am

So the Fed came out with guns ablazing, slashing interest rates by 0.75%.
But the markets are yet to find solace. They’re still choking on a toxic cocktail of foreclosures, inflation, oil prices and the credit crunch. Michael Metz, chief investment strategist at Oppenheimer, is not among the optimists. He thinks the US is facing [...]

By Gideon Greenspan | Posted in Business | Also tagged , , | Comments (0)