Word: leveler
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...MarketWatch pointed out that the spreads on credit-default swaps for U.S. government debt jumped to 97 basis points Tuesday, nearly seven times higher than a year ago and 60% higher than at the end of last year, to a level roughly in line with those of France, according to data supplied by Markit. Those swaps are gambles that America will renege on its financial obligations. Being on par with France is even more humiliating than if we were compared to Cameroon which had a GDP of only $44 billion last year, less than Bernie Madoff took from his clients...
...report's warnings are so striking in part because it assumes a much higher sea-level rise than previous studies. The 1.4 m figure used in the Pacific Institute report - which comes from research by the Scripps Institute of Oceanography - is considerably higher than the estimates put forth in the U.N. Intergovernmental Panel on Climate Change's (IPCC) most recent assessment in 2007, which projected a sea-level rise of 18 to 59 cm by 2100. But the IPCC numbers were based on older data and took into account only the thermal expansion of the seas. (Water expands...
...research is clarifying the ice-cap question - and the results are sobering. Scientists at the Climate Change Congress in Copenhagen this week presented a study estimating that sea levels could rise globally by 1 m or more by the end of the century, with large regional differences around the world. At the lower end of the estimate, scientists say it's unlikely that seas will rise less than 50 cm even if we can get a grip on carbon emissions. The revised predictions are due to better data on melting in Greenland and Antarctica and from glaciers around the world...
...best way to protect California's coast would be to sharply reduce carbon emissions now and hope to avert the worst of the warming. But even if we do cut carbon soon, we've locked in sea-level rise, and we need to begin protecting sensitive coastlines better than we did in New Orleans. The Pacific Institute study suggests that some 1,100 miles of improved coastal defenses - including dunes and seawalls - would be needed to protect against a 1.4 m sea rise. It won't be cheap - the cost will be at least $14 billion up front, according...
...mound.“Since his freshman year, you can see that he has become much stronger physically and he has also developed a solid approach to the game,” captain Harry Douglas says.And unlike many baseball players at this high level, Zailskas is not only willing to play anywhere, but has proven his ability to make an impact wherever the coaches tell him to go. “He is such a good athlete, he played three sports in high school,” Walsh says. “He’s just one of those...