Word: costs
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Dates: during 2010-2019
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...most part climate change remains abstract. The poor polar bear has been trotted out as the tangible face of global warming so often that we're beginning to see "polar bear fatigue." How about bringing the effects of Arctic melt close to home, as in what it will cost? A new study does just that, and the results are alarming, not just for Arctic dwellers but for all of us. According to lead author Eban Goodstein, Ph.D., over the next 40 years Arctic ice melt will take an economic toll of between $2.4 trillion and $24 trillion. Unless we change...
...melting Arctic so expensive? "The Arctic acts as the planet's air conditioner, and that function is already breaking down," says Goodstein, an economist and Director of the Bard Center for Environmental Policy. The high price reflects anticipated losses in agriculture and real estate plus the cost of disease outbreaks and natural disasters associated with rising sea levels. The melt, he says, is already adding extra heat at an annual rate of 3 billion tons of CO2 - the equivalent of 500 coal-powered plants, or more than 40% of all U.S. fossil fuel emissions - and this is expected to more...
...other item: Avatar demonstrated that 3-D could bring studios gigantic bundles of cash. For ages, the rule of movie exhibition has been that customers pay the same price for a movie that cost $250 million to make (say, Harry Potter and the Half-Blood Prince) as for one that cost $15,000 (Paranormal Activity). But 3-D changes all that. You can charge audiences the moon to see a 3-D movie, and if you show it, they will come. The extra cost of making a movie in the format, or of jerry-building 3-D effects...
...keep rising. This weekend, according to a study by BTIG analyst Richard Greenfield that was reported in the L.A. Times, U.S. ticket prices for 3-D films will be hiked an average 8%, IMAX prices will balloon 10% for adults and 12% for children, and 2-D tickets will cost 4% more for adults and 3% more for kids. A 3-D IMAX movie night for a family of four, with tickets ordered over an Internet site like Fandango that charges a booking fee, can run from $60 to $75 before the family even gets to the concession stand...
...proliferation business. "Sanctions must be directed exclusively on the resolution of nonproliferation tasks and not aimed at the financial and economic suffocation of this country," said Russian Foreign Ministry spokesman Andrei Nesterenko late last month. Such sanctions have failed until now, and Washington wants new measures to raise the cost in economic pain for the Tehran regime's defiance. But so far there's no sign that Russia supports the farther-reaching measures the U.S. and its allies had hoped to impose...