The following is a short list:
Adam Smith 1723–1790
You may recognise Adam Smith, he's the chap on the back of your £20 note.
The end!
The following is a short list:
You may recognise Adam Smith, he's the chap on the back of your £20 note.
The end!
Adding projected heat-related deaths into cost-benefit analysis of federal rules would tilt policymaking in favor of more aggressive carbon emissions cuts, a new study finds.
Why it matters: The social cost of carbon helps determine the outcome of cost-benefit analyses that underpin federal regulations. Adding in global warming's potential to cause more heat-related fatalities would tilt the policy calculus from supporting a gradual phaseout of emissions starting in 2050, to fully decarbonizing by the same year.
The big picture: The study, published Thursday in Nature Communications, adds temperature-related mortality impacts into calculations of the estimated damage to society caused by the emission of one addition metric ton of carbon dioxide.
By the numbers: Bressler determined that the mortality cost of carbon works out to 0.000226 excess deaths through 2100 per metric ton of carbon dioxide emitted.
Details: Bressler also added the mortality cost of carbon to the well-known Dymamic Integrated Climate-Economy Model, or DICE, which Nobel Prize-winning Yale environmental economist William Nordhaus pioneered.
Yes, but: There are a number of uncertainties in the new study, including that the climate mortality projections themselves vary considerably in their results. Bressler tried to account for that by including central estimates, rather than the high or low ends of the spectrum.
Former Minneapolis police officer Derek Chauvin was sentenced to 22.5 years in prison on Friday by a Minnesota judge for the murder of George Floyd.
State of play: The sentence from Judge Peter Cahill is about in line with what most legal experts expected. Prosecutors had asked for 30 years.
The backdrop: A presumptive sentence for second-degree murder under Minnesota's guidelines called for 12.5 years, though the maximum for the charge is 40 years.
Worth noting: In Minnesota, it's presumptive that prisoners with a good behavioral record will only spend two-thirds of their sentence behind bars — with the rest on parole.
No surprise: Chauvin spoke very briefly own behalf but did not give a full formal statement due to "some additional legal matters."
What's next: Chauvin's sentencing is nowhere near the end of the legal road for those involved in Floyd's murder.
Teenagers are stepping up to staff an economic comeback that's expected to kick into overdrive this summer.
Why it matters: A working teen renaissance is underway in America as businesses scramble to find employees.
Flashback: The adolescent labor market last peaked in the summer of 1978 when half of the teenage population was working.
What they're saying: A senior White House official said vaccinated younger workers could help fill the avalanche of job openings — once they "feel more comfortable about returning to public-facing jobs," like hotels or bars, Politico reported today.
There are already signs teens are helping release the pressure valve for leisure and hospitality — a sector with a record number of job openings.
One upshot: Teens are reaping the benefits of businesses desperate for workers — perks and higher pay, which might be necessary after an economically devastating year.