Word: stringent
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...parts per billion will save more lives than a standard set at 10 parts per billion, but it will also cost more to achieve - a cost that will in turn be passed on to consumers in their water bills. If it can be shown that the more stringent standard would result in saving 10 lives per year, how much would society be willing to pay to achieve that? Ten million dollars? A hundred million? A billion...
...According to The Wall Street Journal, "The most stringent pay restriction bars any company receiving funds from paying top earners bonuses equal to more than one-third of their total annual compensation." That means that a trader making a modest salary of $400,000 who brings in $50 million in profits for his firm would probably be paid less than $600,000 under the new rules. Most traders get bonuses at year end. Successful traders can make $10 million or $20 million a year in exchange for pumping up their employer's bottom line...
...free up credit markets. But it's not all bad news. The fact that the special inspector general's office exists is an important sign that the Treasury Department realized the limits of its abilities. Recent and future TARP outlays have a whole new set of stringent reporting requirements. The inspector general's report doesn't give super-high marks to the program so far, but it does provide a blueprint of how it should be run going forward. Still, as the report indicates, "the long term success of the program is not assured...
Meanwhile the science on climate change grows more dire. James Hansen, NASA's climate expert, reported in a recent paper that the world needed to stabilize carbon in the atmosphere at 350 parts per million (ppm) to avoid the worst effects of warming - a more stringent goal than earlier estimates, which had a target of 450 ppm. (The current concentration is 385 ppm and rising fast, up from a pre-industrial level of 280 ppm.) That would require action that is far more ambitious than currently seems possible - both in the U.S. and in the developing world, where the bulk...
...duties. For example, in the Bay Area, transit police are employed to preserve the safety of transit riders. In the majority of cases, a gun might not be needed to fulfill this objective, as shown by this recent incident, guns may counter that purpose. Departments could, alternatively, become more stringent about the police’s freedom to use lethal force. Drawing a gun should be a very last resort—a tactic used when an officer’s life is at stake and shooting would be the only sufficient defense...