Palm oil IPO presents environmental, financial risks An Indonesian palm oil company has failed to disclose all the financial and environmental risks to investors ahead of its December 12 initial public offering (IPO), alleges a new report from environmental groups. PT Sawit Sumbermas Sarana (SSMS), a palm oil company that operates plantations in Indonesian Borneo, aims to raise a trillion ($88 million) in this week's IPO.
New mountain porcupine discovered in Brazil (photos) In Brazil's Baturite Mountains, scientists have uncovered a new species of prehensile-tailed porcupine, according to a new paper in Revista Nordestina de Biologia. Dubbed, the Baturite porcupine (Coendou baturitensis), the new species was discovered when scientists noticed significant differences between it and its closest relative, the Brazilian porcupine (Coendou prehensilis). The name prehensile-tailed refers to these porcupines long, mobile tail which they use as a fifth limb to adroitly climb trees.
Making cap-and-trade work: the history and future of a proven program While the merits for slowing climate change will be treated here as a given, the method for doing so looms elusive. In a recent article, I described pricing carbon through carbon taxes and carbon credits as a way to mitigate greenhouse gas emissions and slow global climate change. As there has been some emotive controversy towards both of these, I would like to analyze them more deeply, starting here with carbon credits.
Like ancient humans, some lemurs slumber in caves After playing, feeding, and socializing in trees all day, some ring-tailed lemurs (Lemur catta) take their nightly respite in caves, according to a new study in Madagascar Conservation and Development. The findings are important because this is the first time scientists have ever recorded primates regularly using caves (see video below).