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The amount of common equity - the best capital for absorbing losses - that banks have to hold will rise from 2% of their loans and investments to 7%.
BBC: Global bankers agree new capital reserve rules
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The new rules state that the amount of common equity - the best capital for absorbing losses - that banks have to hold will rise from 2% of their loans and investments to 7%.
BBC: Bank shares rise after new rules agreed
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Well, the magical moisture-absorbing material may get even better, as the plan is to increase the amount of water the material can hold and lower the temperature threshold for its release.
ENGADGET
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He said the amount should be even higher, but the world's oceans are absorbing quite a bit, keeping it out of the air.
NPR: Greenhouse Gas Milestone; CO2 Levels Set Record