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One industry that seems unaffected by the economic downturn is the unearthing of gloomy news about the environment. On January 30th, a group of 150 marine scientists issued what they called the “Monaco Declaration”, warning that the acidity of the world’s oceans was rising 100 times faster than the natural rate, thanks to increasing levels of carbon dioxide absorbed from the atmosphere. At that rate, they predict, most coral reefs will be gone by 2050.



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Economist, 2 February 2009. Full article.


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