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China

Creatively Corrupt: How Abuse Of Power In China Spreads -- And Innovates

Analysis: A new "blue book" on the deepening problem of corruption delves into the unusual ability for the unethical to find new techniques for abusing their power. The cure must be more just as deep as the illness.

(Jason A. Howie)
(Jason A. Howie)


BEIJING - Corruption in China is "spreading from individuals to groups, from personal illegal gains to shared community interests…" Such reads the summary of the Anti-Corruption Blue Book, recently published by the Chinese Academy of Social Sciences (CASS). Needless to say, as public outrage at abuse of power swells, the Chinese public will delve into this eagerly awaited new document.

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Economy

The Bogus Concept Of "Carbon-Neutral" Oil

The Colombian president recently said that the country had exported one million barrels of carbon-neutral or offset oil. But in an unregulated carbon market, such a claim is pure greenwashing.

People walk in the streets of Bogotá

María Mónica Monsalve Sánchez

-OpEd-

BOGOTÁ - In March this year, various national and corporate leaders met in Houston, Texas, for CERAWeek, an annual conference to discuss the world's energy challenges. Colombia's President Iván Duque took the opportunity to remind participants that his country produced just 0.6% of the world's carbon emissions even as it had raised crude production to one million barrels a day.

He said oil should not be seen as an enemy, since the fight was really against greenhouse gas emissions. He also revealed at the event that the country's national oil firm, Ecopetrol, had sold the Asian market its first million barrels of carbon-neutral or offset crude, consisting of the entire extraction, production and exportation chain.

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