Word: offsets
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Dates: during 2000-2009
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...carbon, too, bioelectricity was a winner. On average, the carbon offset from using bioelectricity is 100% bigger than the offset for using ethanol. (Even though biomass releases carbon when it is burned, just like oil, when new plants are growing they absorb carbon dioxide from the atmosphere, reducing the overall carbon footprint.) "It's simply the case that bioelectricity is just a lot more efficient than using ethanol, in most ways," says Campbell...
...Consumers have lost access to credit. The fact that mortgage rates have dropped does not even begin to offset that. Qualifying for a mortgage is harder than ever. Banks have reason to be cautious. One of the large credit bureaus just released a report that says 4.7% of payments for bank-issued credit cards were late sixty days or more in March, an increase of 38% over the same month last year. According to Reuters, "In March, lenders closed 20 million card accounts, sending the total down by 58 million since the peak in July 2008 to 380 million." Banks...
...Wall St.'s primary argument for keeping a high level of compensation for its best investment bankers and traders is that, if they leave, overall losses at banks could get worse. People can be profit centers. The most successful ones help offset the red ink created by the series of poor decisions that big financial firms made about mortgage-backed paper and commercial credit loans. It is easy to assess the value of the best traders by looking at a bank's books. (See pictures of TIME's Wall Street covers...
...results of bank "stress tests" are about to come out and some firms will be asked to raise capital. One of the banks' key arguments for keeping new investment to a minimum is that they have some divisions that are highly profitable and will contribute to earnings to help offset losses. Once the government takes away the opportunity for those business to be a success by helping to drive the people who run them out the door, it will insure that its investment in financial firms will only grow...
...less, competitive. And he lays most of the blame for the decimated manufacturing industry on an uneven playing field with China. "The [previous] Administration refused to make China play by the rules," he says. "If China stops the illegal subsidies they're giving their industries and does something to offset the currency manipulation, we're good...