Word: roading
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Dates: during 2000-2009
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Endangered Species Act (ESA): Every time the federal government approves a development project - such as a new road or a mine - it must consult with scientists at the U.S. Fish and Wildlife Service to see if the project has the potential to impact an endangered species. This expert scientific review is the heart of the ESA - and the Bush Administration proposes to all but eliminate it. Instead, Bush would allow the federal agency in charge of the project itself to determine its potential impact on endangered species...
...paid $400 each in fines. That's nothing, of course, compared with the punishment the Dominion plant will inflict on the environment. If completed, the plant will emit 5.3 million tons of CO2 a year into the atmosphere, roughly the equivalent of putting a million more cars on the road...
Sage advice, that. But for how long will it be followed? "Risk gets forgotten in all bubbles," says Peter Bernstein, an investment adviser and the author of Against the Gods: The Remarkable Story of Risk. "We've been down this particular road before." Indeed, we have. After every other trauma--the 1987 stock-market crash, the savings-and-loan crisis, the meltdown of the Long-Term Capital Management hedge fund--boisterous, unchecked risk-taking eventually rushed back in. "In times like this, people do listen to risk managers," says John Hull, professor of derivatives and risk management at the University...
...know the challenges tomorrow will bring are the greatest of our lifetime. The road ahead will be long, our climb will be steep, we may not get there in one year or in one term,” Obama said, “but as an American I have never been more hopeful that we will get there...
While any headline from the Allston front might already seem hackneyed, new developments along the road to the construction of Harvard’s property across the Charles still provide reasons to turn your head. Throughout this long process, Harvard officials have been dealing with a balancing act of initiatives that would benefit either Harvard or Allston. Unfortunately, it often seems impossible to please both parties at the same time. That dichotomy changed with the recent plan released by the Allston Development Group late last month. Naturally, Allston residents are concerned about the potential for Harvard...