Voting Opens For Angry Mermaid Award For Most Detrimental Climate Lobbying

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That’s one pissed fish!

The damaging impacts of corporate lobbying on international efforts to fight climate change are exposed today with the announcement of the eight candidates for the Angry Mermaid Award 2009.

The Angry Mermaid Award is named after the iconic Copenhagen mermaid who is angry about the destruction being caused by climate change

Thousands of members of the public are expected to vote at www.angrymermaid.org between today and Sunday 13 December for the candidate which they believe has done the most to sabotage effective action to tackle climate change.

Lobby groups representing oil, coal, aviation, the chemicals industry and emissions trading are all on the shortlist for the Angry Mermaid Award 2009, alongside biotech company Monsanto, oil giant Shell and energy company Sasol. The winner of the angry mermaid award will be announced at the Copenhagen climate talks on Tuesday 15 December 2009.

The eight nominees for the Angry Mermaid Award are:

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What Could One Buy With AIG’s Record-Smashing $62 Billion Loss?

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Billions?

CNN’s Peter Wilkinson has been running the numbers on AIG’s record-smashing $62 billion quarterly loss, the largest corporate loss in history (AIG lost about $460,000 per minute in the last quarter). In addition to being sufficient to carpet an area the size of Baghdad in $1 bills, $62 billion is enough to:

 1. It could pay off the combined national debts of China, Australia, Mexico and Ukraine, according to 2008 estimates by the CIA Factbook, and still have plenty left over for a good night out.

3. Britain’s Queen Elizabeth II might not be moving any time soon, but the money could buy 46 Buckingham Palaces, according to a 2008 estimate of its market value by the Daily Telegraph newspaper. And still leave some remaining to buy her weekend retreat, Windsor Castle.

Continue reading… “What Could One Buy With AIG’s Record-Smashing $62 Billion Loss?”

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