Word: offsets
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
...Dean Michael D. Smith announced in November that he will shrink the number of professors in the Faculty of Arts and Sciences, ending a decade-long expansion in order to offset the school’s $110 million deficit. The news was followed by faculty retirement plans at FAS as well as four of the University's graduate schools...
...costs of legislation - like the Senate reform bill - based on 10-year periods, the CLASS Act - which would begin collecting premiums in 2011 but wouldn't begin payouts until 2016 - appears to generate $72.5 billion in savings between 2010 and 2019. On paper, these savings are used to offset spending in the bill, which even CLASS Act supporters admit has the appearance of budget gimmickry...
...meant to create a market-based system to curb global emission of greenhouse gases. To help make this happen, instead of strictly holding countries to their emission reduction commitments under the Kyoto Protocol, it allows companies and countries to continue to pollute if they offset their emissions by purchasing Certified Emissions Reductions (CERs) - each representing 1 ton of carbon - from developing countries -where carbon-reducing modifications to power plants, factories and other facilities would be less costly. This was meant to promote the dispersion of green technology to the developing world, and also give emerging economies like India and China...
...equally passionate critics. Conservationists agree that our remaining forests must be saved, and quickly. Where they disagree is how REDD is funded. Many are fundamentally opposed to a carbon-offset system that only safeguards forests by allowing rich nations to pollute. "We need to find ways to stop burning fossil fuels, not create massive new loopholes to allow the pollution to continue," says Jakarta-based Chris Lang, who runs the website REDD-Monitor. "Carbon-trading does not reduce emissions." Lang believes funding REDD schemes through offsets or other market-based mechanisms would be a "disaster." Still, if all goes...
...intact. Here's how it works. Preserve Ulu Masen, and over the next 30 years an estimated 100 million tons of carbon are prevented from entering the earth's atmosphere - the equivalent of 50 million flights from London to Sydney. Those savings can be converted into millions of carbon-offset credits, which are sold to rich countries and companies trying to meet their U.N. emissions-reduction targets. The revenue produced by the sale of credits is then ploughed back into protecting the forest and improving life in communities living along its edge, thereby giving people a reason to leave...