Word: plan
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...just a Plan B in case of global catastrophe - Fowler believes that as the climate warms, it will take a toll on agriculture. A recent study in Science warned that by the end of the century, the average temperatures during growing seasons could be higher than the most extreme heat of today. To keep growing food, we'll need to make use of crop varieties that are better equipped to withstand heat and potentially droughts; breeders sifting through Svalbard's unparalleled collection of seeds today may discover tomorrow's crops. "This isn't just a time capsule," says Fowler. "This...
Dramatic action in the banking industry is crucial, since the effects of the $787 billion American Recovery and Reinvestment Act will be strongly diminished if the credit crunch continues. The weeks spent debating the merits and drawbacks of the stimulus plan cannot go to waste. In an ordinary recession, the Federal Reserve could cut interest rates to get credit flowing, sparking the economy. However, in the words of our president in an interview with ABC News, “…we are in not just an ordinary recession.” With the target for the Federal Funds...
...dealing with the reality of their liabilities. This story sounds grimly similar to the Troubled Assets Relief Program, by which the Treasury handed $700 billion to the nation’s banks with little positive result. The consequences of the Japanese—and hence our—rescue plan, according to Adam Posen of the Peterson Institute of International Economics, “is that the banks’ top management simply burns through that cash, socializing the losses for the taxpayer, grabbing any rare gains for management payouts or shareholder dividends, and ending up still undercapitalized...
Representatives from Harvard Real Estate Services, which conceived the energy-saving plan, could not be reached for comment yesterday...
...letter called for Harvard to provide details within roughly two weeks about the budgetary quandary that forced the construction slowdown, as well as an outline of the slowdown’s impact on contracted workers. Menino also wrote that within 30 days, Harvard should provide a community impacts mitigation plan for the construction slowdown, as well as a proposed schedule for the development of the Institutional Master Plan for the Allston campus that identifies a “transformative project for the community...