An anonymous reader quotes a report from Yahoo News: Brazil said it was raising its climate commitments on Monday at the start of the COP26 summit, including ending illegal deforestation by 2028, marking a change of tone after more than two years of soaring destruction under President Jair . 8 Billion Trees Review: The Good and the Meh. Instauration - Volumes 17-18 - Page 11 YouTube (Google) actually gets paid for this (through their ads). VATICAN CITY (Reuters) -Pope Francis has accepted an invitation to visit Canada, where he faces calls for him to apologise for the Catholic Church's role in former schools for indigenous people where children were subjected to abuse, rape and malnutrition. I mean the Joe C. review is definitely fake. The Wall Street Journal article we discussed yesterday mentioned that “forest offsets face criticism when landowners are paid to preserve trees at little risk of being logged because they grow in forbidding terrain, are far from mills or already subject to conservation agreements.” You promise not to cut down the trees in a conservation agreement (and get some tax benefit or something), and then you promise not to cut them down in a forest offset agreement (and get paid); you try to squeeze as much juice as you can out of not cutting down the same trees. Editorial Roundup: Illinois. First use our carbon footprint calculator to learn about your emissions and then pick carbon offsets that fit your needs perfectly. I don't work at Credit Suisse. Every morning, trucks piled with trees enter Gabon's Special Economic Zone - epicentre of its value-added timber ambitions after a 2009 ban on unprocessed log exports. The State of World Fisheries and Aquaculture 2018: Meeting ... Silicon Valley’s Deal Machine Is Cranking: ‘I’ve Never Seen It This Frenzied’. We want to protect and help Earth by planting and conserving over 8 billion trees. San Pedro Daily News 11 September 1925 — California ... 8 Billion Trees: Carbon Offset Projects & Ecological ... Hometown International’s stock has soared over the past year, giving it a market capitalization of a $100 million or more — despite sales at its Paulsboro, New Jersey, deli of only about $35,000 combined in the past two years. Standard Ethics charges a fee to some companies to rate them based on environmental, social and governance performance, although JP Morgan’s rating was unsolicited. And they’d prefer to know as much as possible as soon as possible. [5] OTC Markets Group operates broker-dealer networks for trading over-the-counter stocks, but these networks are not “stock exchanges.” Most people use the word “listed” to refer to stocks that are admitted for trading on national stock exchanges — the New York Stock Exchange, Nasdaq, etc. Since its star turn in Einhorn’s investor letter, Hometown has traded a bit less than $900,000 worth of stock, total, over five days, which is about what GameStop Corp. trades every 15 seconds. Fine! In addition to Biden's pledge, European Commission President Ursula von der Leyen pledged the EU would spend $1.1 billion over five years to help protect . What would the environmental impact be if everyone planted ... NYSE eyeing media floor presence amid struggle to bring back traders. Actually I know that my little story is fanciful because get a load of this: At Credit Suisse Group AG, executives had given the point salesman to Archegos Capital Management on its swaps desk the new responsibility of instead overseeing risk-taking in the broader prime-brokerage unit, according to people with knowledge of the matter. I mean the Joe C. review is definitely fake. (Also, let’s be blunt here, because the benefit that the buyers get is not “lumber to build stuff with” but rather “good publicity and credit with sustainability ratings firms,” their incentives to check are somewhat attenuated. Found inside – Page 11The two - story home on a 1,300 - square - meter plot of land is part of an expensive neighborhood where the streets are lined with shady trees . The cheapest house costs Rp1.8 billion . The question is : how can an Attorney General of ... Activists want more disclosure flexibility, so the companies can’t get a jump on resisting them, and so that other investors can’t see them building positions and piggyback on their trades, driving up the price. "You look for dead trees, dead grass and dead shrubs." . I thought this was funny, and I drew what I thought was a somewhat overwrought and tongue-in-cheek comparison between the Super League and other sorts of social responsibility decisions that banks make. Found inside – Page 87... the alternative , as documented in State of the World , of a world of nearly 8 billion people with 960 million fewer tons of top soil ( more than twice the amount of all U.S. crop land ) and 440 million fewer hectares of trees ( an ... It's also among the few rich countries that's very vulnerable to climate change. The 2018 edition of The State of World Fisheries and Aquaculture emphasizes the sector’s role in achieving the 2030 Agenda for Sustainable Development and the Sustainable Development Goals, and measurement of progress towards these goals. If you own a billion trees and you cut down 1,000 of them per year, and someone wants to pay you $1 per year not to cut them down, you will make $1,000 per year. It is just a somewhat harder problem to check than when you sell a promise to cut the trees, which is checked by just delivering the trees. “It might seem surprising that a company can’t pinpoint why its stock suddenly falls,” says the Journal, but I don’t find it surprising at all? . “Account is now closed and this £32.25 is going elsewhere,” tweeted one former Chase customer. The emerald ash borer first started ravaging the hardwood trees around the state in 2013, and in 2015 it was detected in several counties, including Guilford, Wake, Durham and Orange. One person was injured after a huge fire burst out of a hydrogen peroxide factory in eastern China. Spread spread awareness on carbon offsets, deforestation, habitat destruction, and climate change. Human activity and climate change-fueled disasters have turned 10 of the planet's internationally recognized forests, also known as World Heritage sites, from carbon . Swiss regulator Finma has now started enforcement proceedings against Credit Suisse and the bank said it plans to cut back the prime brokerage business at the center of the losses. Join thousands of others with the climate newsletter that makes eco news actually enjoyable. Press question mark to learn the rest of the keyboard shortcuts. He’s a stakeholdery guy. 8 Billion Trees Documentary. Australia falls in the rare category of democratic countries sitting on huge fossil fuel reserves. My point, I suppose, was that “is this bad for sports?” is not really on the list of social responsibility and sustainability questions that banks generally ask when they consider new business. Found inside – Page 147230 , 2002 ] STOCK OPTION MADNESS ( By Robert J. Samuelson ) As the Enron scandal broadens , we may miss the forest for the trees . The multiplying investigations have created a massive ... The potential profit was nearly $ 2.5 billion . Join the Viral 8 Billion Trees Movement to Reverse the Climate Crisis The only carbon offset monthly subscription that helps heal the Amazon Rainforest and save endangered wildlife. Amid Schumer push, Dems' reconciliation bill may give tens of billions to 'scandal-plagued' NYC public housing Schumer pushed to double Biden's proposed public housing funding, said NYCHA needs . 8 Billion Trees was founded in late 2018 with an ambitious mission: plant 8 billion trees around the globe before 2021 when the Earth's population reaches eight billion people.. . they have successfully planted 1.18 billion trees in the . I didn’t know that Archegos Capital Management existed. Found inside – Page 106The US questions scandal The US Congress questions Brazilian Ambassador. The Bahian general contractor OAS has won the bid to build the infrastructure of Ford's $1.9 billion automobile complex in Camacari (BA). The company's price of R$ ... The platform has an interest in providing credible commitments; if it let owners of timberland sell offsets on the same trees over and over again, nobody would trust it and it would probably get in trouble. Found inside – Page 2-165 The IRS sends out 8 billion pages of forms and instructions each year. Laid end to end, they would stretch 28 times around the earth. 6 7 Nearly 300,000 trees are cut down yearly to produce the paper for all the IRS forms and ... The Swiss private bank involved in a money laundering scandal related to 1Malaysia Development Berhad has been sold for US$1.34 billion (RM5.6 billion), says Reuters. One reason this matters is that, when Archegos first put on these positions, they were relatively small. KEBEMER, Senegal (AP) — The idea was striking in its ambition: African countries aimed to plant trees in a nearly 5,000-mile line spanning the entire continent, creating a natural barrier to hold back the Sahara Desert as climate change swept the sands south. George W. Bush administration with the 2001 Enron . He has termed the BTT project as a mega scandal in the resolution and asked for punishment to those who are involved in the scandal. “Hey boss, just want to make sure you noticed that my Archegos swaps — remember, that Tiger Asia family office — are like $20 billion now”? By Rachel Ramirez, CNN Human activity and climate change-fueled disasters have turned 10 of the planet's internationally recognized forests, also known as World Heritage sites, from carbon . (It’s the family office of Bill Hwang, who used to run Tiger Asia, an important “Tiger Cub” hedge fund.) Archegos seems to have had no activist intentions; the companies are sad about it because it bought all that stock and then dumped it. Breadcrumb Trail Links. The gap ranges from at least 8.5 billion to as high as 13.3 billion tons a year of underreported emissions — big enough to move the needle on how much the Earth will warm. Partly this is because of the timing of the disclosure rules: If an investor acquires more than 5% of a company’s stock, it has to disclose its ownership and intentions publicly, but it has 10 days to do it (and can buy more stock during those 10 days). By planting trees and helping forests regrow where they have been severely degraded, we're helping to ensure clean water & air, diverse species . The stock, which had traded as low as $4.75 per share last year, closed Wednesday on the OTCQB market at $13.07 per share, up 2.51% from the previous day. Over the next ten years, we had the very real opportunity to stop it. Obviously, we failed. Nathaniel Rich tells the essential story of why and how, thanks to the actions of politicians and businessmen, that failure came about. Probably some of them worked diligently on this financing, and then went home to complain to their spouses that they were ruining the game of soccer. Signal is an encrypted messaging app for your phone. ... Public disclosures showed the various banks that Mr. Hwang had worked with—including Credit Suisse Group AG, Nomura Holdings Inc., Morgan Stanley and Goldman Sachs Group Inc.—as being the major shareholders in stocks rather than Archegos. Subscribe. — Musk asked his 62.7 million Twitter followers over the weekend whether he should sell 10% of his Tesla holdings. Credit Suisse Group AG amassed more than $20 billion of exposure to investments related to Archegos Capital Management, but the bank struggled to monitor them before the fund was forced to liquidate many of its large positions, according to people familiar with the matter. Found inside – Page 16218 / 3-22 ; 3 The South's $ 6.1 billion timber industry won't be able to sustain its rapid expansion after 1990 without an enormous investment in tree planting , the Forest Service reported . 8 / 16-6 ; 4 Canadian production of market ... A class-action lawsuit forced Tyco to pay $2.92 billion to investors. I doubt anyone is selling not cutting down the same trees over and over again. It's supposed to look like a BBC clip but there's something a little off about it. Honestly it’s a little odd that the current system has lasted as long as it has. Combining front-line investigation with startling new data, Waste shows how the way we live now has created a global food crisis - and what we can do to fix it. Some company builds some blockchain for keeping track of the trees, or some method for encoding the trees into the Ethereum blockchain. The laws of supply and demand, maybe. In a 2018 indictment, the US Justice Department alleged the contracts were a front for government officials and bankers to enrich themselves. It’s just that it apparently never occurred to him that sports fans are stakeholders in the relevant sense. Found inside – Page 174Jul 4 Jul 4 Aug 8 Aug 8 Sep 12 Oct 10 Dec 19 Jul 4 Jul 11 Jul 11 Jul 18 Jul 18 Sep 12 Jul 18 Jul 18 Jul 18 Jul 18 Jul ... Designer of Honolulu's air-cushioned Oahu stadium sued by contractor,".. p12 Gurney indicted in housing scandal. But “is it good for soccer fans” seemed, to me, to be rather a different sort of topic, one that would be a little silly to add to the list. Found inside – Page 99Statistics in focus 10/2011. (http://tinyurl. com/6bhesog). 8. Tara Garnett and Tim Jackson, Food Climate Research ... Tristram Stuart, “Waste: Uncovering the Global Food Scandal”, Penguin, 2009, (http://tinyurl.com/m3dxc9). and their ... The point is that (1) any platform for selling not-cutting-down-trees will not let you sell the same trees twice, but (2) to the extent there are competing standards and service providers, they may not communicate perfectly with each other, and you can maybe sell the same trees twice in two different places. Thanks to the scandal-ridden House Bill 6, Ohio electricity customers will pay an estimated $1.8 billion through 2030 to subsidize two coal power plants -- including the Clifty Creek Power Plant . The Environmental Scandal That's Happening Right Beneath Your Feet . The interesting thing about Archegos Capital Management is that it made very levered bets on a handful of stocks, and then those stocks went up a whole lot over a fairly short period of time. News; HSBC's 'shameful and embarrassing' scandal to cost over $2-billion . MPs' expenses scandal 'a billion times worse' than Tory sleaze row, says Nadine Dorries By Tony Diver 13 Nov 2021, 12:17am Graduates must start paying back student loans sooner Yes! Yeah, look, before last month, I didn’t know that Archegos Capital Management was a major client of Credit Suisse. I wrote the other day about how JPMorgan Chase & Co. got in some hot water for agreeing to finance the European Super League, the now apparently dead proposal to start a lucrative new league for the biggest European soccer clubs. Jojo Strokes supervised the illegal felling and evacuation of 96 out . But first they went up. Credit Suisse failed to protect itself from its Archegos exposure in part because it had not yet instituted a system that monitored in real time how much risk a position created for the bank as the prices of the underlying securities changed, people familiar with the matter said. Right now, being bad for sports seems to be going badly for JPMorgan, and for all I know now there is a norm of social responsibility that your deals can’t make sports less sporting. The news agency reported yesterday that Zurich-based EFG International agreed to buy Brazilian financial company Group BTG Pactual's BSI for 1.33 billion Swiss francs (US$1.34 billion) in cash and shares.… In my old career as an investment banker, I would sometimes naively ask companies questions like “when you release earnings will the stock go up or down,” and of course they had no idea. When a bank is listed as a shareholder, companies have no way of knowing if the investment is on behalf of a single investor, multiple investors or the bank itself. I'm currently also reporting this to namecheap.com (their domain registrar, often used for scams). The project called the Great Green Wall began in 2007 with a […] According to their website, 8 Billion Trees is a "Social Enterprise" which means they combine commercial and social goals with the emphasis on the latter. All rights reserved. Also: Inside the bank, top management now knows that the so-called notional exposure, or the underlying value of the assets it managed on behalf of Archegos, was more than $20 billion, the people familiar with the matter said. The Vatican said in a statement on Wednesday that Canada's bishops had formally . And it's double the 6.4 million acres that burned in . Biodiversity / In Depth: Combating the North American pest that has reveled in Beijing's wet summer. YouTubers troll Airbnb by listing dollhouse, making $3K in bookings. On top of encouraging direct donations to these groups, 8 Billion Trees donates thousands each month in company contributions. “Is it bad for the environment,” sure, “is it good for diversity,” sure; there is a longish list of topics that everyone understands are important for social responsibility, and new topics periodically get added to that list through various forms of activism. Or you've seen the 8 Billion Trees ads on videos. The Plant a Billion Trees campaign is a large-scale restoration initiative launched by The Nature Conservancy in 2008. Neither Mr. Gottstein nor Ms. Warner had been aware of the fund as a major client before that, these people said. One unsettling aspect of it is that, at any moment, there might be activists in your stock that you don’t know about, or the activists that you do know about might have more stock than you think. Unlike the wars in Vietnam and Iraq, the US invasion of Afghanistan in 2001 had near-unanimous public support. At first, the goals were straightforward and clear: to defeat al-Qaeda and prevent a repeat of 9/11. Found inside – Page 140Steroids, Supplements, and Scandal in Today's Sports World Julian Bailes, John McCloskey. 111-0 sports account for approximately ... and have been estimated to cost more than $8 billion annually. There are many common characteris— tics ... Because Hometown’s valuation is absurd — the popular figure is $100 million for a single deli, though I’ve pointed out that the real fully diluted equity valuation is $1.9 billion — people have fallen over themselves to warn retail investors not to buy it, with hedge-fund letters and news stories and now a skull and crossbones. This year, Archegos’s swap bets spectacularly collapsed, saddling the bank with a $4.7 billion writedown, and setting it up as the biggest loser to emerge from the debacle at Bill Hwang’s family office. She's owned a successful chauffeuring business for years, but one long-standing client has her questioning her ability to keep driving around Getaway Bay. Got an ad yesterday. The banks were selling Archegos swaps that they presumably hedged delta-one; the banks effectively just bought stock and held it on Archegos’s behalf. Banks have a responsibility to the game of soccer, it turns out. But for the most part retail investors weren’t buying it, and can’t buy it. I negotiate a bilateral contract with a less computer savvy conservationist not to cut down the same 10 acres of trees. And when he accidentally blurts that they're engaged? They become an island scandal. Can Burke and Ash find a way to navigate a romance when they've only ever been friends? But I tend to think of this as a fairly narrow fight between corporate managers and activists, and it might be hard to get the SEC to make new rules to give corporate managers more protection against shareholder activism. . Forbes magazine estimated her fortune to be worth $39.5 billion this year. Follow our carbon offset projects in the Amazon Rainforest to fight deforestation where it matters most. An existing member of Shah’s team was assigned to Hwang’s firm for monitoring its activity on a daily basis, according to a Credit Suisse executive who asked not to be identified discussing internal matters. SEC Presses Ahead With Ripple Lawsuit With Gensler at the Helm. We have talked about how someone tried to sell an NFT of the Brooklyn Bridge. JPMorgan Is Hiring 190 Bankers, Support Staff to Combat Burnout. Or not, I don’t know, I am making all of this up and I am sure that it is a fanciful exaggeration. After an eight-month, $3.8 billion federal effort to try to end the longest blackout in United States history, officials say Puerto Rico's public electrical authority, the nation's largest, is . The problem comes when I use multiple platforms. 7 Pocket 10 Billion The Management of Forest Services Division has taken a hard stance on some of its staff and a number of companies that were involved in acts that caused government to lose over 10 billion to cheats. My assumption is that almost no one ever can pinpoint why a stock suddenly falls, or rises, or does anything else; this is called the efficient markets hypothesis. 1.91K subscribers. Looked like the typical course selling site. I find another platform and sell the same promise to a different buyer. Flash Forest uses drone to plant trees for carbon sequestration potential: COO. It's clear that 8 Billion Tree's mission to change the world by planting 8 billion trees is noble…and definitely audacious. Co-founder and COO, Cameron Jones joins BNN Bloomberg to discuss. The tiny clip from a supposed news program is what gave it away to me. Found inside – Page 3Erosion threatens its ponds and trees, its fountains don't work, and plants no longer grow where once they flourished. ... Low Politics in Albany — Rockefeller Finesses a Scandal By Michael Kramer and Sam Roberts A shoebox containing ... That's 1 of every 8 acres in the state. HSBC's boss said on Monday revelations of lax anti-money laundering controls had been "shameful and embarrassing" for Europe's biggest bank, and may force it to pay out well over US$2 billion for those flaws and in compensation for UK mis-selling Founders Mike Powell and Jon Chambers were inspired by the work of Eden Reforestation and quickly learned that if nothing is done to stop . If you have any questions, you can post here and have your question answered by people who are knowledgeable about all types of scams. A 15 percent minimum corporate tax on companies that report earnings of over $1 billion, meanwhile, was estimated to bring in only $195 billion, although the White House's figure projected $325 . Fighting Deforestation in Brazil: 8 Billion Trees Documentary [Part 3] Watch later. Found inside – Page 496... “Profits on carbon credits Drive output of a harmful Gas,” New York Times, August 8, 2012; John mcGarrity, “india hFc-23 emissions may rise if cDm Boon ends—Former official,” reuters (Point carbon), october 31, 2012; “two Billion ... You can’t be like “I am sorry but the sporting connotations just take precedence over the business, for me.”. Brazil Pledges To End Illegal Deforestation By 2028 89. It is worth noting that you can’t buy many over-the-counter stocks (apparently including Hometown) on Robinhood, the leading retail brokerage of meme stocks, whether or not they are listed by OTC Markets. Over the past 10 years, back to 2012, at total of 12.7 million acres has burned in California.

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