Word: caps
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Dates: during 2000-2009
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...last sector, and by the size of its companies by far the largest, is energy. Exxon's (XOM) market cap is $347 billion. That may be more than the top ten banks in America combined. It is more than the total for Microsoft and Cisco with some to spare. As a group, Exxon, BP (BP), and Conoco (COP) have not done well during the rally. The simpleton's answer as to why that is true is that the price of oil is too low and that oil stocks trade with the price of oil. Since oil firms have complex structures...
...hiked taxes on cigarettes and wants to end tax breaks for drilling and offshoring. He seems even more eager to subsidize desirable behaviors like saving, teaching, weatherizing and buying fuel-efficient cars and energy-efficient appliances. Of course, his energy policy goes beyond incentives; he wants a strict national cap on carbon emissions. He has also signaled openness to a national health-insurance mandate. (Read "The Year in Medicine 2008: From...
...Recognizing that their bill was just an opening gambit, the two House Democrats notably left open one of the most controversial questions: whether, under a carbon cap-and-trade system, to auction off pollution credits to companies, as Obama's plan would do with 100% of them, or to give away some or all at no cost. If even a portion of the credits are auctioned off, the scheme could produce hundreds of billions of dollars in revenues, since almost every big company in America would need to buy the credits to initially comply with the more stringent standards...
...find real Nishi, too. A shaman wanders into our camp, his hornbill cap adorned with a mirror and a majestic eagle feather. One night, three silent Nishi fishermen carrying torches pass our camp. We watch their silhouettes flicker and vanish into the steep night forest. They had lit torches to find their way, and to scare off tigers and evil spirits. I shiver, glad that we're on the river, and just passing through...
...health-insurance industry - including America's Health Insurance Plans and the Blue Cross and Blue Shield Association - indicated it would be willing to stop charging higher premiums to people with a history of medical problems if all Americans were required to purchase health plans. Such a measure, as the CAP report suggests, could be the first step to saving all Americans money...