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Why is the 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...

Author: /time Magazine | Title: Putting a Price Tag on the Melting Ice Caps | 4/3/2010 | See Source »

Turns out, this last question is a matter of great debate. Typically the province of economists wielding formulas too esoteric for most of us to follow, the Social Cost of Carbon (SCC) is currently under discussion by the EPA and other regulatory agencies. The figure they choose has huge implications...

Author: /time Magazine | Title: Putting a Price Tag on the Melting Ice Caps | 4/3/2010 | See Source »

But 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...

Author: /time Magazine | Title: Putting a Price Tag on the Melting Ice Caps | 4/3/2010 | See Source »

ATLAS occupies just one small corner of the strange and wonderful world that is the Large Hadron Collider (LHC) - the circular, 14-mile-underground particle accelerator that promises scientists untold insights into the mysteries of the cosmos. More than 25 years in the planning, with a price tag of about...

Author: /time Magazine | Title: Why the Collider Matters: In Search of the 'God Particle' | 4/3/2010 | See Source »

Given the problems with the Standard Model, some physicists have come up with elaborate alternatives to explain the workings of the cosmos, including the existence of multiple, alternate dimensions, or hidden "supersymmetric partners" to all the universe's particles. To them, failure to find the Higgs - or finding the Higgs...

Author: /time Magazine | Title: Why the Collider Matters: In Search of the 'God Particle' | 4/3/2010 | See Source »

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