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But the solar array problem, which could have more near-term effects on power, might take precedence.
"Oil exporters have always, in my view, far overblown the near-term effects of carbon limits on demand for their products," Mr. Victor said.
Certainly some respected voices in the blogosphere have been telling investors to steer well clear of the GSEs (see Ritholtz, Barry).Whatever the actual explanation, does this suggest that government officials should spend more time reflecting on the near-term effects of their decisions and less time worrying about the moral hazard implications for future crises?
Nor does it reflect the lingering near-term effects of the financial crisis and the impact of the current crisis in Europe, which make credit substantially more difficult to obtain and more expensive in many countries.
As someone who writes about the near-term effects of climate change, I know that it's important not to speculate too wildly, or at least to make it clear when you're speculating.
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"The near-term effect on growth would not be substantially different," he said, although he eventually agreed that there might be modest benefits.
"What is happening to the black family in America," he wrote, "is the sociological equivalent of global warming: easier to document than to reverse, inconsistent in its near-term effect — and disastrous in the long run".
Fratt: The near-term effect will be positive, because it will emphasize that there is an energy supply shortage and that we'll need to enhance supplies through additional drilling of oil and gas wells, especially natural gas wells.
Simply using debt-to-equity ratios as a proxy for loan-to-value will show that this is more of a creative mechanism for credit to flow that will have the near-term effect of throwing these two companies under the bus.
"The proposal also would have the limited near-term effect of reducing the incentive students and their families have to hold higher education institutions accountable for keeping costs low and maintaining quality," the report said.
Based on our own interviews with experts in academia, at commercial research labs, and in product groups at Silicon Valley giants and startups, we think machine learning's near-term effect on marketing is greatly underappreciated, in terms of both opportunity and threat.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com