Word: offsets
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Dates: during 2000-2009
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...smelter in Iceland, still sees the country as a site for cheap, power-intensive smelters. By going geothermal, which has less impact on the environment, Alcoa believes it can mitigate the hundreds of thousands of tons of carbon dioxide a smelter emits every year. "If you compare the offset, it's six to eight times cleaner to produce here" than in a location where a smelter would get electricity from a coal- or oil-based source, says Tomas Mar Sigurdsson, general manager of Alcoa Iceland...
...starters, prices are being slashed on everything. And if the current malaise drags on, it will take a major bite out of inflation - one that could literally offset the decline in your portfolio. "The real enemy of retirement is inflation," notes Fisher. He points to this model: Say you have a $2.5 million nest egg that is growing 7% a year. In one scenario, you have no extraordinary economic events and normal long-term growth that produces inflation of 4% a year as you age from 65 to 95. In the second scenario, a severe recession knocks your portfolio down...
...positive. Estimates of the net benefits to the U.S. economy put immigrants' net contribution at $50 billion per year. Immigrants boost economic output by increasing the size of the U.S. workforce and the productivity of American firms...Immigrants pay enough or more in federal, state and local taxes to offset what they consume in public services." 3. On "rethinking a troubled relationship" with Cuba: "U.S. policy should be reframed to enable legitimate Cuban voices to shape a representative, accountable and sustainable transition to democracy." Among the major overhauls recommended are the lifting of restrictions on American travel to Cuba, repealing...
...double whammy. As mutual funds have been forced to sell long-held positions to meet redemptions this year, they have generated capital gains - which must be passed along to investors. We might therefore also see a round of year-end selling of mutual-fund shares by investors looking to offset gains and avoid paying taxes by locking in losses. "Tax-loss selling is a very powerful force," says Joe Battipaglia, market strategist for the private client group at Stifel Nicolaus. "The market is down 50% from a year ago - those are sizable losses...
...year. Lowell, Pforzheimer, Mather, and Adams Houses have also employed surcharges for dining hall rental and sometimes clean-up. Since student groups and House Committees (HoCos) are the driving force behind much on-campus social life, something needs to be done jointly by University Hall and the Houses to offset rising costs and make parties less arduous. The College’s policies are pushing the Harvard social scene to the periphery. Not only is this push an inevitable outcome of difficult party policies, but the administration actually encourages partying in areas that are difficult to monitor. When asked...