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Opinion: The End Of An Era: Is The US Petrodollar Under Threat?

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But in 1971, US President Richard Nixon took the country off the gold standard, which formally ended the linkage between the world’s major currencies and gold. The company was also seeking financing for a gas project in Russia despite Western sanctions. “It Rise of the Yuan. Conspiracy Theory Spoiler Alert.

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KPMG study identifies 10 sustainability “megaforces” with accelerating impacts on business; imperative of sustainability changing the automotive business radically

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While this is a threat for business, there are also opportunities to grow commerce and create jobs, and to innovate to address the needs of growing populations for agriculture, sanitation, education, technology, finance, and healthcare. Urbanization: In 2009, for the first time, more people lived in cities than in the countryside.

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Perspective: Why Carbon Emissions Should Not Have Been the Focus of the UN Climate Change Summit and Why the 15th Conference of the Parties Should Have Focused on Technology Transfer

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This article discusses: (a) why the focus should have been on the transfer of proven renewable energy technology from developed to developing countries; and (b) how this technology transfer can be financed with currently available funds. But starting to raise immediate finance is more important than determining its exact future size.

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Perspective: Regional Greenhouse Gas Cap-and-Trade Programs May be the Solution

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Auction revenues may be used for the public good by allocating the allowance value to: households as dividends; financing investments and other public expenditures; and. Financing Investments and Other Public Expenditures. Allowance value can be used to finance government expenditures of various kinds.

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