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Tag: Swelling

Demand for legal pot driving growth of industry’s swelling carbon footprint

Demand for legal pot driving growth of industry’s swelling carbon footprint

Science
March 8 (UPI) -- Demand for commercial marijuana continues to grow as more and more states legalize pot. To meet the seemingly insatiable demand, commercial growers are expanding their indoor production. According to a new study, published Monday in the journal Nature Sustainability, indoor growing operations are responsible for the industry's swelling carbon footprint. Advertisement Previous studies have highlighted the ill effects of the commercial marijuana industry on local water resources and wildlife habitats, but the latest survey is one of the first to provide a broad view of the sector's climate impacts. "We knew the emissions were going to be large, but because they hadn't been fully quantified previously, we identified this as a big research opportunity space," lead study autho...
Swelling ranks of baby boomer retirees create negative impact on investment returns

Swelling ranks of baby boomer retirees create negative impact on investment returns

Finance
Baby boomers have been blamed for a long list of societal ills almost since the first member was born in 1946. A potentially decades-long decline in investment returns is one of the most serious charges to be laid at the generation's doorstep, and some experts think we may already be in the middle of it.Historical returns for a balanced portfolio have averaged about 8 percent annually. Between 2005 and 2050, according to a 2009 analysis, investment returns are likely to decline by about 0.9 percentage points. Economists generally agree on the driving force — the retirement and resulting change in spending and saving patterns of America's largest generation — but not the mechanism of the decline. The prevailing theory guesses retirees will depress returns by pulling money out of their 401(k...