The Wall Street Journal this week reported that the independent committee investigating Hong Kong-based Chinese timber producer Sino-Forest Corp. said it found no evidence of fraud at the company and emphatically rejected allegations by a short-seller that sent shares tumbling 80 percent.
Sino-Forest, a Hong Kong-based Chinese company listed on the Toronto Stock Exchange, confirmed on Friday that it was the subject of a criminal investigation by the Royal Canadian Mounted Police, according to the New York Times.
This report by the World Bank spells out what the world would be like if it warmed by 4 degrees Celsius, which is what scientists are nearly unanimously predicting by the end of the century, without serious policy changes.
Companies in Asia reveal expectations that regulations that could lead to rising costs for reporting and reducing GHG emissions will also be the main sources of climate-related business opportunities.
.png "The Climate Group logo"){kind=logo}
