Wednesday, June 09, 2010

Kenya | Cold season spells better returns for tea traders
Cold weather naturally slows the development of tea leaves, meaning that the current huge supply offers to the auction in Mombasa could substantially reduce leading to firmer prices in the short-term.

“The cold season seems to have come earlier than expected and we are likely to see effects on pricing. The amount of tea coming from the fields is likely to reduce through the cold period with prices as the main winners on the fundamentals of demand and supply,” Peter Njega, a tea dealer told Business Daily on phone. “The market is already showing signs of posting better prices in the coming weeks and many are optimistic.”
Ezra Klein - Lindsey Graham and the failure of the 'lone Republican' theory
My take, from previous conversations with Graham, his staff, and other Senate offices that were working with them, is that Graham was serious about doing this if he thought it could be done. But when he made the judgment that a carbon-pricing bill wasn't going to pass the Senate, that was also enough for him to decide that it was foolhardy to remain publicly committed to a position that's unpopular with his base. There was no middle ground in Graham's position: Either he could do this and he'd be there or he couldn't and he wouldn't. He clearly came down on the latter side. So rather than stick with the effort and give a long-shot campaign the best chance it could have, Graham is abandoning it and probably sticking the final nail in its coffin.
Attack on climate scientist just latest in a long line - Naomi Oreskes and Erik M. Conway - CNN.com
If you tried to argue that global warming is not a market failure, you'd just look silly. So extremist defenders of the free market have found themselves an easier target. Science is arcane and scientists are frankly often incomprehensible. But the important point for us to understand is this: Scientists have done nothing wrong. On the contrary, they've been repeatedly vindicated in their work on environmental change.

The real crime is not to be found in some pile of obscure scientific documents or the e-mails of harassed scientists. The real crime is that our best science is being undermined by ideologues, confusing us about some of the most important issues of our time.

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