Word: franked
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...idea is that if we have a number, we can compare the costs and benefits of efforts to reduce CO2 in the atmosphere," says Frank Ackerman, PhD, an economist specializing in climate change at the Stockholm Environment Institute's center at 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...
...Frank Ackerman says that the EPA is basing its SCC calculations on models that minimize the economic risks of climate change. He notes that one model includes the assumption that for the first few decades, climate change will bring economic benefits to the world as a whole...
...their letter. This does not constitute support for Kramer’s positions—far from it. It constitutes an unswerving commitment to the principles of academic freedom and free speech, even when the content of that speech causes us institutional and personal embarrassment, which, I will be frank, it has done in this case. But please do not make the mistake of concluding that the Weatherhead Center has defended Mr. Kramer’s positions. To paraphrase Voltaire, many of us strongly disagree with what he has said, but will defend to the death his right...
...Frank Coll, head of another firm in Spain called Nidec, which was named in the report, says his company removed its stun cuffs from its website after receiving a letter from Amnesty International alerting it to the new law in 2006. "That was the end of the story for us - we have not sold this item at all," he says. (See TIME's coverage of the 2010 World Economic Forum...
Prime Minister Frank Bainimarama called the damage caused by Cyclone Tomas--which struck Fiji late on March 12 and lasted more than four days--"overwhelming." While only one death had been confirmed as of March 16, the full extent of the destruction caused by winds of up to 130 m.p.h. (209 km/h) was still being assessed. Australia and New Zealand quickly began to send aid to Fiji, which lies about 2,000 miles (3,220 km) northeast of Sydney...