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...European economies aren't as big as the U.S., so the debt involved isn't as much, but when levels get too high and financing them just isn't possible anymore, the entire thing will come falling down," says Eric Grémont, co-founder of the Paris-based Politico-Economic Observatory of Capitalistic Structures. To avoid this, he and Touati both say that states must freeze their spending at current levels to speed up a return to economic growth. But when that happens, they add, governments must also start slashing budgets, reducing expensive state services and cutting jobs...
...even have a way to go back and forth between the ISS and earth without hitching a ride on a Russian ship. The station was proposed in 1984 and has been under construction since 1998, and so far not a lick of truly valuable science has come from it. Its intended mission has changed and changed and changed again over the years, from materials manufacturing to zero-g experiments to astronomic observations to studying human adaptation to space flight. And what were the new ideas Bolden cited on Monday? "A broad array of biologic, materials and combustion research," the administrator...
...authority to regulate carbon emissions directly, but that logistically sticky tack is one Obama has repeatedly said he'd rather not use. "There's increasing concern that if we don't get it together in the U.S., we will lose the clean-energy markets and jobs and growth that come with [a carbon cap]," says David Doniger, policy director at the Natural Resources Defense Council's climate center...
...talking about the need to strike a grand global climate bargain. "It's fair to say that Copenhagen did not produce the full agreement the world needs to address the collective climate challenge," UNFCCC executive secretary Yvo de Boer told reporters on Jan. 20. "The window of opportunity to come to grips with the issue is closing at the same rate as before." At a minimum, the response to the Copenhagen Accord showed that the most powerful nations in the world want to do something about climate change. It's just not clear they want to do it together...
...We’ll take the punches as they come,” Anastos said. “I can’t imagine our budget being limited any more...