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...Cost of a Warming Arctic" study, funded by the Pew Environment Group, assessed trends in the Arctic's cooling mechanisms and examined the financial consequences. The research team looked at the rate at which surfaces change from white ice and snow to ocean or exposed tundra, since darker surfaces absorb, rather than reflect, solar heat. According to the report, this shift and the increased methane emissions linked with melting permafrost currently slap us with annual losses in the range of $61 billion to $371 "resulting from such changes as heat waves and flooding." But the anticipated monetary fallout described...

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

...Pew study looked at damages at different SCC and discount rates. "Using the mid-range EPA figure, the cumulative global cost between now and the middle of the century will exceed $7 trillion," says Goodstein. "This means that every working adult will have to pay half of a year's salary just to cover the damage of the breakdown of the Arctic air conditioner." The higher figure used in the survey, based on the U.K.'s 2007 Stern report, yields significantly greater damage estimates...

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

...even more young people perceive a gap. According to a recently released Pew Research Center report, 79% of millennials say there is a major difference in the point of view of younger and older people today. Young Americans are now more educated, more diverse, more optimistic and less likely to have a job than previous generations. But it is in their use of technology that millennials see the greatest difference, starting perhaps with the fact that 83% of them sleep with their cell phones. Change now comes so strong and fast that it pulls apart even those who wish...

Author: /time Magazine | Title: Generation Next | 3/11/2010 | See Source »

...divide of all has to do with hope and heart. In any age, young folk tend to be more cheerful than old folk, but the hope gap has never been greater than it is now. Despite two wars and a nasty recession that has hit young people hardest, the Pew survey found that 41% of millennials are satisfied with how things are going, compared with 26% of older people. Less than a third of those with jobs earn enough to lead the kind of life they want--but 88% are confident that they will...

Author: /time Magazine | Title: Generation Next | 3/11/2010 | See Source »

...conservationists had long been lobbying, could pave the way toward the most wide-ranging protections ever put in place for a major commercial marine species. "This announcement could be a real turning point in the fight to protect the tuna," says Susan Lieberman, director of international policy at the Pew Environment Group and a veteran of the CITES process. "This will help ensure the future of this endangered fish." (See pictures of the tuna trade in Asia...

Author: /time Magazine | Title: A Move to Save the Bluefin Tuna | 3/4/2010 | See Source »

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