Related topics: nasa

Austria boosts climate spending despite virus hit

Austria will devote 17 billion euros ($20bn) to greening its rail network despite a historic budget deficit caused by the coronavirus pandemic, the government announced Wednesday in its 2021 budget.

How Canada could benefit from a carbon budget

Canadians have understandably been preoccupied by the COVID-19 emergency. Yet the climate emergency that prompted hundreds of thousands to march in the streets in September 2019 has not subsided.

Value-added tax cuts do not increase consumer purchasing power

An empirical study published in the Journal of Political Economy finds that VAT cuts are less likely to be passed on to consumer prices than VAT hikes. Following a temporary VAT cut, prices can even be higher than on onset.

Researchers track groundwater discharges into salt ponds

The movement of groundwater in aquifers deep beneath the surface often carries with it a variety of contaminants that can be traced to leaking septic systems, damaged underground infrastructure, excessive fertilizer use and ...

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Budget

A budget (from old French bougette, purse) is a financial plan and a list of all planned expenses and revenues. It is a plan for saving, borrowing and spending. A budget is an important concept in microeconomics, which uses a budget line to illustrate the trade-offs between two or more goods. In other terms, a budget is an organizational plan stated in monetary terms.

In summary, the purpose of budgeting is to:

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