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Europe continues to maintain a relatively low-cost higher-education system compared to the U.S., but Ireland's struggles are becoming all too familiar in the economic downturn as cash-strapped governments across the continent have made massive cuts in public services and begun to charge for things that were once free. "There is definitely a cause for concern at this point," says Thomas Estermann, head of funding for the European University Association. "On the one hand, we see how important it is to invest in higher education and research to overcome the crisis, but governments that had to bail...
...make inroads against climate change. The Social Cost of Carbon represents the estimate of damages from one more ton of CO2 added to the atmosphere. (One ton of CO2 is what the average family car emits every two-and-a-half months.) The SCC is important because a low number suggests minimal regulation is needed, whereas a high number urges more stringent action (such as efficiency requirements, carbon taxes or alternative energy incentives...
...unlike the low probability of losing your house to fire, we know that the Arctic is warming. And this study offers an inkling of what it could cost us - if we don't act. "No matter how you slice it, these are big numbers," says Goodstein. "The Arctic air conditioner is breaking down in a big way. Half-measures won't work. If we can get carbon emissions down, we can retain more of this function...
...serve a lot of different people: old, young, blue collar workers, office workers, university people, and I think that will stay the same. The prices are low and the food is really accessible, so no one should be shut out of it,” Muir said...
...While expectations are low for any sudden jump in the value of the renminbi, the recent détente could make it easier for China to begin gradual changes. China's leadership was never likely to make any move on currency in the face of overt pressure from Washington, for fear of appearing weak in the eyes of its people. "Our view is that China was going to move around the middle of the year," says Green. "The China timetable was six months behind the U.S. on this, which creates tension. The tension makes a move harder. What we need...