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...annual losses in the range of $61 billion to $371 "resulting from such changes as heat waves and flooding." But the anticipated monetary fallout described in the study, expected to run deep into the trillions over the coming decades, may actually be conservative, as it does not take into account the recently discovered large-scale methane releases from the thawing continental shelf...
...Tufts University. "If, say, we value CO2 damages at $20 a ton, then $15 per ton is considered an acceptable cost to ameliorate it. If the SCC is $2, spending $15 seems out of line." The other key statistical variable is the "discount rate," which establishes how to account for future costs and benefits in today's currency. A high discount rate implies that what happens years from now should have less bearing on decisions made today. Inherent in this seemingly technical point is the question: what do we, citizens today, owe the people of tomorrow? Particularly since, once released...
Recently, a novelty e-mail account flame war broke out on Pfoho's open list after Sigmund Freud invited subscribers to "bring it like the cheerleaders in that terrible teen movie." Later, Elizabeth I and Mary I accused each other of heresy and papism before Henry VIII stepped in to claim England's throne for Edward VI. In response, God accused these "royal buffoons" of fraud, Friedrich Nietzsche announced, "God is dead," and many readers were left wondering "what the pfuck is going...
Pfopen subscribers received an e-mail from an account registered under the alias "Sigmund Freud" complaining of e-mails containing "a great deal of tribulation over the most insignificant of issues" and inviting them to "create [their] own novelty accounts and post in this thread as an acceptable means of venting [their] psychic and sexual frustrations upon each other...
...fiscal deficits of the PIIGS are among the highest in Euroland. Their unit-labor costs have risen faster than anywhere else. So their exports can't compete; hence they run some of the largest current-account deficits. What do you do when you shovel coal and run out of fuel? You borrow - as the PIIGS have done. The markets have cast their verdict on that. Now, Greece has to borrow at twice the interest rate that German bonds fetch...