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Sunday, October 10, 2010 will be a banner day for the numerologically inclined. Aside from 10/10/10-themed sales and vacation specials, one event seems to have attracted particular attention: 7,000 community organizations have partnered to dedicate the day to environmental work across the globe.
In a political victory, Barack Obama emerged from the climate summit in Copenhagen Friday with a global deal to reduce earth-harming emissions. But greens were disappointed the cuts weren't binding while skeptics were sad there was any deal at all.
As the world's leaders converge for the global climate summit, the clouds over what had been deemed a fairly useless exercise in geopolitical stagecraft appear to be lifting. Most dramatic is a proposal that rich nations provide a $100 billion per year to help poorer nations cope with emission cuts.
Until now, green companies in the developing world have lacked a yardstick to track their stock performance versus the rest of the market. The newly introduced "carbon-efficient index" fills that gap -- just in time for the Copenhagen climate meetings.
