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Finding a new form for the corporation

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by Susan Mac Cormac at the Centre for Policy Development

Most debates about corporate responsibility narrowly define a stark choice between government regulation and free markets. A US-based organisation called Corporation 20/20 advocates a third path: system redesign. While the corporate responsibility and governance movements have achieved some notable progress, they argue that a more systemic, integrated transformation is both needed and plausible at this moment in history. The following article is an edited extract of a paper given at the 'Summit on the future of the Corporation', hosted by Corporation 20/20 in Boston, November 2007.

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ACCC releases marketing guide for carbon offsets

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Australian Competition and Consumer Commission Chairman, Mr Graeme Samuel, today launched a suite of ACCC guidance materials on carbon offsets claims.

"There is a growing trend of marketing claims about the ability to 'neutralise' the carbon footprint of, for example, cars, flights and households using carbon offsets," he said.

"Consumer concerns about the veracity of claims on carbon offsets have led the ACCC to develop guidance for consumers and industry on the Trade Practices Act implications of carbon offset claims."

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Climate chaos threatens US security

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WASHINGTON (AP) — Global warming probably will mean more illegal immigration and humanitarian disasters, undermining shaky governments and possibly expanding the terrorism threat against the U.S., intelligence agencies say.

"Logic suggests the conditions exacerbated (by climate change) would increase the pool of potential recruits for terrorism," said Tom Fingar, deputy director of national intelligence for analysis.

Sub-Saharan Africa, the Middle East and Central and Southeast Asia are most vulnerable to warming-related drought, flooding, extreme weather and hunger. The assessment warns of a global spillover from increased migration and water-related disputes, Fingar said in prepared remarks Wednesday to a joint hearing of a special House committee on global warming and a House Intelligence subcommittee.

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Fertiliser prices soar to $1600 per tonne

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The Fertiliser price hike has continued apace – and the bad news for Australian growers is that international price rises are going up faster than domestic ones.

With most farmers already sorted for their 2008 phosphate needs, the jump of close to $200/t in phosphate (P) products such as MAP and DAP in the past three weeks will not have an impact this season, but casts a pall over their affordability in 2009.

Although no blanket figure can be quoted – suggestions are that farmers would generally be paying $1600/t or moren for new up-country deliveries.

Tight international supply, favourable grain prices are the drivers behind the continued demand, along with strong demand from Indian buyers.

 

Britain prepares for food crisis

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From The Mail

The phrase 'nine meals from anarchy' sounds more like the title of a bad Hollywood movie than any genuine threat.

But that was the expression coined by Lord Cameron of Dillington, a farmer who was the first head of the Countryside Agency - the quango set up by Tony Blair in the days when he pretended to care about the countryside - to describe just how perilous Britain's food supply actually is.

food crisis
Crisis: Britain's food supply is in peril
Long before many others, Cameron saw the potential of a real food crisis striking not just the poor of the Third World, but us, here in Britain, in the 21st Century.

The scenario goes like this. Imagine a sudden shutdown of oil supplies; a sudden collapse in the petrol that streams steadily through the pumps and so into the engines of the lorries which deliver our food around the country, stocking up the supermarket shelves as soon as any item runs out.

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George W Bush on ocean management

"I know the human being and fish can coexist peacefully." Sept. 29, 2000

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