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As a verdict nears in the long-running environmental lawsuit against Chevron Corp. in Ecuador, both sides are ratcheting up the pressure.

This morning, a man who says oil field contamination in Ecuador's rain forest killed two of his children will try to meet with Chevron's new chief executive officer, John Watson. Together with some of his American supporters, Emergildo Criollo will go first to Watson's home in Lafayette, then to the company's headquarters in San Ramon, carrying with him petitions signed by 325,000 people asking Chevron to settle the suit.

TORONTO (Dow Jones)--Canada's First Nations peoples chastised Royal Bank of Canada (RY) for not doing enough to prevent "an environmental holocaust," at the bank's annual meeting in Toronto Wednesday.

Four aboriginal groups appealed to Canada's biggest bank to use its corporate heft and political influence to stop Enbridge Inc. (ENB) from building a 725-mile pipeline to carry oil from Alberta's tar sands through northern British Columbia to Kitimat, where it would be loaded on tankers for shipment to the U.S. west coast or Asia.

Olga Imbaquingo. Corresponsal en Nueva York y Red. Sociedad

Leonard Sand, juez principal de la Corte Federal del Distrital de Nueva York, desestimó el pedido del Gobierno ecuatoriano y de los afectados de la Amazonia. Estos solicitaron que se suspendiera temporalmente el arbitraje que se sigue en la Corte Permanente de La Haya.

Un proceso de 14 años
El juicio contra la petrolera empezó el 3 de noviembre de 1995. Un grupo de colonos e indígenas afectados presentó una demanda en la Corte del Distrito Sur de Nueva York.

Myth: Offsets are the answer to climate change.

Reality: There's no such thing as a free lunch.

Well-intentioned companies sometimes buy carbon offsets to compensate for all the CO2 they generate when their employees travel. The money goes to, say, farmers who plant trees that suck up enough carbon to offset all that jet and car exhaust.

But how climate-friendly is this tradeoff? How can you be sure the carbon is actually reduced? Was that tree ever planted? If it was, will it still exist five years from now?