One
of the core premises in finance is to create wealth on a
real basis by maintaining some
kind of discount rate which takes into account the time value
of money and also the level
of risk associated with the investment.
It would be very interesting to follow closely contract attributions both off and on campuses and how much a
discount may be offered to Universities new buildings in relation with the number
of municipal contracts linked to «climate change» mitigation... Local newspapers that are surviving mostly on
real estates ads are very much willing propagandists
of the worst
kind: http://www.nsnews.com/north-vancouver-city-plans-for-climate-change-floods-1.668838 «Although the city approved an ongoing strategy to reduce greenhouse gas emissions in 2005, the focus is now on dealing with existing climate change, said Caroline Jackson, section manager
of environmental sustainability at the City
of North Vancouver.»