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Damage in sentence

2253 examples of Damage in a sentence

One key element is setting a price on carbon emissions, which would address the massive market failure resulting from the fact that products and services that involve emissions of greenhouse gases do not reflect the cost of the damage that they cause through climate change.
To aim an anti-dumping measure against an Asian manufacturer may inflict most of the damage on a European producer.
In reality, what they don’t like is competition itself, and they fight it by deploying an instrument that can inflict even greater damage on themselves.
But it is becoming increasingly clear that excluding these issues does greater damage.
The Rio Declaration, issued at the Earth Summit in 1992, recognizes a responsibility to ensure that activities do not damage other states’ environment or that of areas beyond the limits of national jurisdiction.
Indeed, the only peer-reviewed overview of EU climate policy estimates that it can avoid climate-related damage of about $10 billion per year.
So, for every dollar spent, the EU stands to avoid about ten cents of damage.
Taking into account such poor policies and averaging all macroeconomic models, the EU is more likely to pay around $280 billion per year to avert $10 billion in damage.
In other words, the poor design of EU climate policies triples the cost and prevents only three cents of climate damage per dollar spent.
For example, cutting a ton of CO2 with on-shore wind turbines in Germany probably costs about $35, avoiding about 14 cents of climate damage per dollar.
But offshore wind turbines cost about $150 per ton of CO2, avoiding just three cents of climate damage per dollar.
In fact, new studies show that 38% of the EU carbon cuts leak elsewhere, meaning that European climate policy avoids not three cents of climate damage per dollar spent, but less than two.
Beyond endangering lives, more frequent and stronger storms could cost many billions of dollars, owing to infrastructure damage and lost revenues from farming, fisheries, and tourism.
Over the last decade, insurers have paid out some $300 billion for climate-related damage, often to rebuild the same vulnerable structures.
A Red Cross-led mangrove restoration project in Vietnam not only reduced damage to dykes and other built infrastructure, but also resulted in higher aquaculture yields and thus more income for the local communities.
Debate about the damage done by emigration has also erupted in countries much more obviously affected by the economic crisis – eurozone countries like Greece, Spain, and Portugal, as well as countries outside the currency union, like Bulgaria and Romania.
Nor does he have any anxiety about the damage that his misrule portends for Russia’s future.
Great as the death toll, physical and emotional suffering of survivors, and property damage caused by the tsunami were, even greater losses could be inflicted by other disasters of low (but not negligible), or unknown, probability.
Politicians with limited terms of office and thus foreshortened political horizons are likely to discount low-risk disaster possibilities, since the risk of damage to their careers from failing to take precautionary measures is truncated.
What caused such arrogant unconcern for the health of those who lived near the plant, for those heroic men and women who tried to limit the damage (whom officials still treat as pawns), and for the millions who lived beneath the radioactive cloud as it spread?
But the damage is done, and precipitously abandoning the common currency would only make a bad situation worse.
The US Resolution Trust Corporation rapidly shut down 1,000 insolvent banks and Savings and Loans from 1989 to 1995 so that they would not damage healthy institutions.
Pretending that banks that passed modest stress tests can be kept open indefinitely with little collateral damage is wishful – and dangerous – thinking.
But the main lesson of 9/11 is that in any free society a tiny number of people can exploit their freedom and do vast damage, especially when the underlying motivation is incoherent.
Describing the asthmatic travails of his eight-year-old son, Harris wrote that Delhi is “suffering from a dire pediatric respiratory crisis,” in which “nearly half of the city’s 4.4 million schoolchildren have irreversible lung damage from the poisonous air.”
And the damage was irreversible.
If allowed to continue, Europe’s labor-market crisis will inflict lasting damage on an entire generation, with unforeseeable medium- and long-term effects on employment, productivity, and social cohesion.
Such a commitment served China extremely well in avoiding collateral damage from the crisis of 2008-2009.
The euro’s appreciation lays bare the huge collateral damage that Europe’s rescue policy has caused.
But the starting point is to recognize the broad-based damage to the global economy’s prospects that failure to address the issue implies.
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