Word: caps
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Mankiw said that while he prefers the approach taken by Republican John McCain, both candidates support a cap-and-trade system to address global warming and that there are only “small differences” in their plans...
...After more than a dozen years of being stymied, first by Newt Gingrich and then by George W. Bush, congressional Democrats are bursting with pent-up ambitions and long-deferred dreams. Some are epic undertakings that would affect every American for decades - like the proposal to impose a cap on carbon dioxide emissions and put a price on permits to burn fossil fuels. Or the goal of completely reorganizing the way the U.S. manages health care. Other, smaller projects involve large amounts of controversy - like a bill that would allow federal funds to pay for abortions. And expansion of embryonic...
...believes that the quest for new engines and fuels for the future will serve as a "new driver" for robust economic growth. (It has happened before - just ask Thomas Edison and Henry Ford.) But momentum alone won't make it happen. Beneath the surface consensus lies enormous controversy. The cap-and-trade system of charging factories and utilities for permits to burn fossil fuels would be a major intervention in the economy, and opponents will argue that it's too great a shock to apply to an already ailing patient...
...move he has signaled throughout his campaign. (He shocked his party when he suggested New York liberal Andrew Cuomo to head the Securities and Exchange Commission and said he would love to have Obama supporter Warren Buffett as his Treasury Secretary.) He might be able to sign a cap-and-trade energy bill - though it would hurt him with gop conservatives. He might be able to please the right with some judicial appointments - but that would hurt him with Democrats. He could please hawks by rattling his saber at Iran and reach out to doves by using his credibility...
...such powerful and exciting idea.”For some time now, eco-consciousness has imbued Harvard’s plans for the Allston campus. But the better known aspects of its plan—notably, the deal between Harvard and Massachusetts to put a pre-emptive cap on carbon dioxide emissions from the new campus—have focused more on macro environmental policies. The newest revisions focus less on these innovations, which rely heavily on out-of-sight technology, and more on creating a natural aesthetic that interweaves natural elements more tightly with the future campus. In order...