CHARCOAL has rather gone out of fashion. Before the industrial revolution, whole forests disappeared into the charcoal-burners’ maw to provide the carbon that ironmakers need to reduce their ore to metal. Then, an English ironmaker called Abraham Darby discovered how to do the job with coke. From that point onward, the charcoal-burners’ days were numbered. The rise of coal, from which coke is produced, began, and so did the modern rise of carbon dioxide in the atmosphere.
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Trees need more water as temperatures rise, but the prolonged droughts have robbed them of moisture, making whole forests easily cleared of trees and turned into farmland.
随着温度的升高，树木需要更多的水，但是长期的干旱剥夺了它们的水分，使得整片森林很容易被砍伐，变成了农田。
It ate whole forests, croplands and the lives of children.
它吃整个森林，田地和孩子的生命。
So whole forests of asset-backed securities were put together into a single CDO.
那么就将许多证券进行捆绑来构成一个单独的CDO。
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