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'It's not working': Why the old economic rules don't add up any more: 4DBC 4D Business Consulting

There's a Sophocles quote about the perils of knowledge. "How terrible is wisdom when it brings no profit to the wise," he wrote, with the generally grim outlook of a Greek tragedian.


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What were investors thinking? Interest rates must rise: Don Pittis: 4DBC 4D Business Consulting

What? No more free money?

The reason for the market shock, as reported in the financial papers, was that both the European Central Bank and members of the U.S. Federal Reserve hinted that the free money era was coming to an end.

European Central Bank president Mario Draghi suggested Europe was considering ending the flood of new money into the world economy through the bank's purchase of securities.


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Gulf of St. Lawrence oil drilling proposal provokes anger: 4DBC 4D Business Consulting

A regulator's proposal to give more time to an energy company that wants to drill in the Gulf of St. Lawrence is provoking anger from opponents who say it's high time the federal government intervene to protect the area.

The Canada-Newfoundland and Labrador Offshore Petroleum Board said Friday it's proposing to grant Corridor Resources a new four-year exploration licence in an area known as Old Harry. Otherwise, the board said there wouldn't be enough time to complete consultations and an environmental assessment before its current licence expires Jan. 14, 2017.


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OPEC deal to stabilize oil markets close, Venezuela's Maduro says: 4DBC 4D Business Consulting

Venezuelan President Nicolas Maduro said on Sunday that OPEC and non-OPEC countries were close to reaching a deal to stabilize oil markets and that he aimed for a deal to be announced this month.

OPEC members may call an extraordinary meeting to discuss oil prices if they reach consensus at an informal gathering in Algiers this month, OPEC Secretary-General Mohammed Barkindo said during a visit to Algeria, the country's state news agency, APS, reported on Sunday.


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Maritime economy getting boost from booming lobster industry: 4DBC 4D Business News

At the auto dealerships in southwestern Nova Scotia, it's not unusual for a fisherman to mark the purchase of a new truck by presenting the successful salesperson with a fresh lobster.

Claude Bourgeois, sales manager at Tusket Ford, has been eating a lot of lobster lately.

"It's hard to stay slim," joked Bourgeois, who said sales in August were the highest they've been in six years — thanks to the booming lobster industry.


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Joint Implementation (JI): IFGICT Green ICT Standard

Joint Implementation (JI)

The mechanism known as “joint implementation,” defined in Article 6 of the Kyoto Protocol, allows a country with an emission reduction or limitation commitment under the Kyoto Protocol (Annex B Party) to earn emission reduction units (ERUs) from an emission-reduction or emission removal project in another Annex B Party, each equivalent to one tonne of CO2, which can be counted towards meeting its Kyoto target.


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Monitoring emission targets: IFGICT Green ICT Standard

Under the Protocol, countries' actual emissions have to be monitored and precise records have to be kept of the trades carried out.

Registry systems track and record transactions by Parties under the mechanisms. The UN Climate Change Secretariat, based in Bonn, Germany, keeps an international transaction log to verify that transactions are consistent with the rules of the Protocol.

Reporting is done by Parties by submitting annual emission inventories and national reports under the Protocol at regular intervals.


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Kyoto Protocol: IFGICT Green ICT Standard

The Kyoto Protocol is an international agreement linked to the United Nations Framework Convention on Climate Change, which commits its Parties by setting internationally binding emission reduction targets.Recognizing that developed countries are principally responsible for the current high levels of GHG emissions in the atmosphere as a result of more than 150 years of industrial activity, the Protocol places a heavier burden on developed nations under the principle of "common but differentiated responsibilities."


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Initial Reports under the Kyoto Protocol (Parties included in Annex I) : IFGICT Green ICT Standard: UNFCCC Regulations

First commitment period (2008-2012)


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Monsanto and Bayer Merge into GMO Behemoth: IFGICT Green ICT Standard: News

After receiving the largest cash offer on record, Monsanto has agreed to be acquired by Bayer for an incredible $66 billion ($128 per share). Thus forms the largest agrichemical and seed company in the world, controlling over 25% of the market. Bayer hopes to close the deal by the end of 2017.


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