Even assuming, without deciding, that the Creditors Committee's "high end" projections are overly optimistic, the offer of no more than $8.5 million by the Prepetition Lenders to the unsecured creditors in settlement of this matter is below the lowest range of reasonableness, particularly in light of the enterprise value of the Debtor.
Advocates say even this high-end projection is a dramatic underestimation.
Until now, this equipment was used only in high-end projection TV's that cost $20,000 or more.
One exception in 2001 was Toshiba's joint venture in the northeastern city of Dalian, where it makes high-end projection TV's for wealthy Chinese.
Early last year, when manufacturers were lobbying the Federal Communications Commission to pass the digital-television rules, several major companies, including Thomson and Zenith, said the first high-definition sets would cost $1,000 to $1,500 more than conventional high-end projection sets.
High-end projections, like NOAA's, assume that ice-melt will accelerate as the earth warms (as, under any remotely plausible scenario, the planet will continue to do at least through the end of this century, and probably beyond).
But while plenty of other climate scientists hold firm to the idea that the full range of possible outcomes, including a disruptively dangerous warming of more than 4.5 degrees C. (8 degrees F ., remain in play, it's getting harder to see why the high-end projections are given much weight.
Although there is still some uncertainty about these forecasts, many scientists I've talked to now believe that the high-end projections are likely to increase as they get a better understanding of ice dynamics.
At the high end of projections, the warming could exceed 8 degrees.
If sea-level rise ends up at the high end of current projections, the Keys may need more extensive aid from the state or federal governments to adapt.
