Word: offsetting
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...purchase of RECs compensates for the fossil fuels currently used by the buildings. The RECs do not actually supply energy that Harvard will consume itself—the money goes to support a wind farm in Minnesota, indirectly reducing greenhouse gas emissions. Harvard will provide enough RECs to offset 10 percent of the greenhouse gas emissions produced this year by the 30 buildings, which is the equivalent of removing 2000 cars from the road over the course of a year, according to the HGCI Web site. Emig could not provide cost estimates for the RECs. Over 3,500 people...
Cambridge Public School Committee members argued over how to allocate unspent funds in the district’s operating budget at a meeting last night, just four months into this fiscal year. In 2004-2005, the district established the School Debt Stabilization Fund in order to offset the unexpected costs of future projects. Because of past budget allocations and interest income, the district expects to have a budget surplus for the current fiscal year, which began July 1. Superintendent Thomas Fowler-Finn presented members with a list of 10 items—including computer upgrades, professional development training for teachers...
...Houston, population 1,992, and she campaigned intensively in such conservative strongholds as Springfield and St. Charles County. And the gamble appears to have paid off, holding down Talent's margin of victory to a slim 53% in conservative Greene County, where he needed to do much better to offset McCaskill's advantage in St. Louis, where Democrats typically win 80% of the vote...
...billion gift to the Salvation Army from the late Joan Kroc and the staggering $37.1 billion pledge from Warren Buffett to the Bill and Melinda Gates Foundation, lead some folks to conclude that big charities don't need their support--although the huge gifts more than offset any loss of small donations...
What no one in Wolfsburg wants to admit is that VW may have a broken business model in the U.S. Unlike BMW or Mercedes-Benz, VW can't charge the rich prices necessary to offset the cost of exporting from Germany. And unlike its German rivals, VW doesn't make cars in the U.S.--its one American plant shut in 1988--a problem given the dollar's slump versus the euro...