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(A "haircut" is the financial term for reducing the face value of outstanding debt.
(A "haircut" is the financial term for reducing the face value of outstanding debt. If you owned a $1,000 bond and it was subjected to a haircut of ten per cent, it would entitle you to collect just $900 when it became due).
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Coal is the No. 1 source of greenhouse gas emissions, and the first country to develop economically viable capture-and-storage technology will dictate the terms for reducing carbon dioxide emissions from coal-fired utilities globally.
This paper discusses an assessment of the optimal use of biomass in Western Europe for the long term (2010 2030) for reducing greenhouse gas emissions.
The long term solution for reducing the morbidity from diarrhea might involve the provision of better sanitation, and expanding family planning services so that they are accessible to the entire population.
But it advocated a long-term strategy for reducing those deficits, not steep immediate cuts or tax increases.
Construction projects such as the expansion of the Delhi Metro – a long-term hope for reducing pollution – only add to the clouds of dust.
But they set no short-term goals for reducing greenhouse gas emissions, with the largest developing countries demanding more action by wealthy nations before moving.
"The solution is clear: set an ambitious long-term goal for reducing carbon pollution, and take decisive action to make it happen".
Ian Marchant, the chief executive of SSE, said: "If long-term targets for reducing emissions are to be met, CCS technology must be applied as widely as possible.
Mr. Bernanke has become an outspoken advocate for Congress to adopt a long-term plan for reducing the government's annual deficits and growing debt.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com