Sentences with phrase «economic assumptions nordhaus»

(1) where the previous decision does not reflect the values of the Canadian Charter of Rights and Freedoms; (2) where the previous decision is inconsistent with or «attenuated» by a later decision of the Court; (3) where the social, political, or economic assumptions underlying a previous decision are no longer valid in contemporary society; (4) where the previous state of law was uncertain or where a previous decision caused uncertainty; and, (5) in criminal cases, where the result of overruling a prior decision is to establish a rule favourable to the accused.

Alternative approaches include using SRES scenarios as surrogates for some stabilisation scenarios (Swart et al., 2002; see Table 2.4), for example to assess impacts on ecosystems (Leemans and Eickhout, 2004) and coastal regions (Nicholls and Lowe, 2004), demonstrating that socio - economic assumptions are a key determinant of vulnerability.

That way, for a given forecast case, they know variation in model output is due to differing climate - related assumptions rather than differing economic assumptions.

Keystone XL Pipeline: A Potential Mirage for Oil - sands Investors challenges many of the economic assumptions surrounding the pipeline, and shows how investors in Canadian oil sands could be facing both economic and environmental exposures.

And, as you're trying to predict future greenhouse gas emissions, you have to start throwing economic assumptions into the models on top of the physical assumptions you threw in for question 2.

While the RCPs are each derived from internally consistent socio - economic assumptions, as a set they do not provide an internal logic nor do they span the full range of socio - economic trajectories in the literature.

The divide between supply - and demand - side policies is a byproduct of mainstream economic assumptions and academic disputes that some heterodox economists criticize, yet have not yet presented an alternative causal model of business and sectoral development.

As Christie explained, RGGI is based upon faulty economic assumptions and «does nothing more than impose a tax on electricity» for no real environmental benefit.

The economic assumptions that underpin the carbon price analyses assume there is a substitute for fossil fuels.

Scott Adams may have been right about the economic assumptions in climate models.

Let's look briefly at some of the underlying socio - economic assumptions behind RCP8.5, then we'll examine how the latest research on the terrestrial carbon cycle makes the GHG concentrations in the RCP8.5 model easier to reach.

Each RCP contains the same categories of data, but the values vary a great deal, reflecting different emission trajectories over time as determined by the underlying socio - economic assumptions (which are unique to each RCP).

Carbon Tracker believes that fossil fuel management are overly focused on demand and price scenarios that assume business as usual and so there may be a risk assessment «gap» between a management's view of the future and that which would result from action on climate change, technology developments and changing economic assumptions.

Castles and Henderson have pointed out that the storylines used to produce IPCCs predictions of future warming are based on ludicrously improbable economic assumptions.»

Very few corporations have an interest in a system set to self - destruct, so as the urge to rethink our basic economic assumptions becomes louder, those who will continue to prosper will be those who adapt to the times.

Judge Jackson's ruling exposes the bogus economic assumptions underlying nearly all of BLM's coal leasing decisions, and it will help hold BLM accountable for the climate impacts of other decisions on coal and fossil fuel extraction.

It well worth a watch as he states that economic assumptions (related to the UK but can easily be translated to the USA) regarding the stern report etc and way off the mark.

Which program is ultimately less expensive depends heavily on the economic assumptions one uses in a model of the program costs.

This brought a certain sense of complacency amongst some pension actuarial consultants and regulators, making it seem reasonable to use optimistic economic assumptions to calculate the present value of future pension liabilities.

As for the economic assumptions that Social Security uses, I think they are still optimistic.

The results of such calculations, using standard economic assumptions and actuarial survivor probabilities, are shown in Figure 1, where we plot the growth of pension wealth over the career cycle for a typical educator in Missouri under three different promotion scenarios, in 2012 dollars.

The book includes chapters on the economic assumptions used, energy supply and storage technologies, demand and technology assumptions, a reference scenario, variations on that scenario, federal and state policies needed, a «roadmap,» and a final chapter of the main findings and recommendations.

In response to this situation, Rockefeller's administrators and trustees have begun a review of the economic assumptions and models that drive the budget planning process.

Not only do they share the same set of economic assumptions (those of CBO), but they both place the heaviest burden of deficit reduction on discretionary spending, the category that includes R&D.

OMB's Mid-Session Review, however, resolves this ambiguity by stating in Tables 15 and 16 (page 31) that the Administration would exclude the «fiscal dividend» — i.e., «pull the trigger» — in order to balance the budget under the CBO economic assumptions.

Last week, after OMB issued its Mid-Session Review of the 1997 Budget, AAAS prepared a further revision, taking account of the new OMB projections and a clarification the Administration has provided of the adjustments it would make in order to bring the budget into balance under CBO's economic assumptions.

The original AAAS analysis of the outyears in the President's budget, published on May 16, was based on a literal interpretation of the language contained in the President's budget that would have required a reduction of $ 40 billion in discretionary outlays in FY 2001 and $ 81 billion in FY 2002 in order to balance under CBO's economic assumptions.

today that ideologically hegemonic «centre ground» constantly reinforced by the entire mass media, is massively to the Right of that earlier post war consensus narrative (and quite contrary to all the mixed economy, Keynsian, economic assumptions I was taught as «true» as schoolboy in A level Economics in the 1960's).

The debate over Scotland's future has, especially recently, served up the incongruous (and unromantic) image of a nation of «bean - counters» basing its decision about independence on the expected profitability of either outcome, yet calculating this expectation (on either side) off the back of political and economic assumptions that resemble nothing so much as declarations of blind fear or faith.

All of these economic assumptions will be tested by the public consultation process; but the fundamental test will be political.

One clear implication of this story is that the criteria of worth enjoined by the economic assumptions of the laborers are relativized by the generosity of the owner of the vineyard.

A church of friends, a world of compassion without domination or privilege, winners or loser — we dismiss that as impossible because our imaginations, conditioned by unexamined political and economic assumptions, can not grasp it as a practical possibility.

Of course, all our discussion of ecological philosophy, ecological urbanization, ecological agriculture, and so forth, has economic assumptions and implications.

Still, the estimates of prospective 10 - year S&P 500 returns below stick with a 6.3 % long - term economic growth assumption, because I want to emphasize that prospective market returns are dismal even on optimistic economic assumptions.

This implies that if the Budget is tabled after or shortly before March 1st, the Main Estimates will not include any of the budget initiatives and would not be based on the economic assumptions underlying the budget forecast.

This would give the Treasury Board Secretariat time to make the Main Estimates consistent with the economic assumptions and spending initiatives proposed in the Budget.

In addition, the spending estimates in the Main Estimates are based on out of date economic assumptions included in the previous year's Fall Economic Update.

The March 2016 Budget incorporated the results of the economic assumptions used in the Backgrounder, without change.

In these cases, the Main Estimates did not include any of the proposed budget measures, nor were they based on the budget's economic assumptions.

The economic assumptions in the June 2011 Budget were basically unchanged from those in the March 2011 Budget (see Table 1).

However, there are always changes in economic assumptions and spending forecasts between the Economic and Fiscal Statements and the most up - to - date Budget.

Using more optimistic economic assumptions, for example, would reduce the deficit by $ 3.5 billion per year on average; more pessimistic economic assumptions would raise the deficit by $ 3.0 billion per year on average.

Changing the process will open the debate on the applicable economic assumptions to use for budget planning.

In conclusion, conducting monetary policy with systematic rules as a reference (but not as a guide) is favored by senior policymakers in respect to changing economic assumptions in a complex economy.

Great dollar rally of 2014 as Fukuyama's History returns in tooth and claw China and Japan are on a quasi-war footing, one misjudgement away from a chain of events that would shatter all economic assumptions (By Ambrose Evans - Pritchard Tks Fred!)

Cohen said the economic assumptions underpinning the system were «laughable» and ignore hundreds of years of understanding about how currencies work.

Among other things, it has been criticized as a scam — based on economic assumptions that are described as «laughable» — and has come under fire from the U.S. Senate for the ease with which drug dealers and other subversive elements can make use of it.

The average of the private sector forecasts forms the basis for the economic assumptions used for fiscal planning purposes in the budget and fall update.

Premium rates will continue to be based on analysis done by the Chief Actuary with the underlining economic assumptions continued to be provided by the Minister of Finance.

This meant that Main Estimates of government spending, which were tabled on February 28, 2012, were based on economic assumptions presented in the previous Fall 2011 Update and not those in the 2012 budget.