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...excellent candidate for euthanasia. It is a demonstration of all that's wrong with the legislative process in latter-day America. There is a simple solution to this problem: a carbon tax to discourage people from using fossil fuels. That tax could be immediately refunded in the form of lower payroll taxes. But the House Democrats, still playing by Reagan-era ground rules, were too frightened to go there: they proposed instead a weak, inelegant cap-and-trade system of the sort that has provided precious little carbon reduction in Europe. It is Potemkin legislation, designed to give only...
...dresser, my grandfather left behind a piece of paper folded four times over with the edges tucked underneath each other to form a miniature plait. It looks like a house. I think of it when I also think about what he told me a few days ago on the phone: “Inhae, live kindly...
...official business at hand, the 2009 G-8 is expected to be dominated by discussion over a new form of world governance in light of the global downturn. What's more, there's talk of the need for a better-structured form of dialogue to deal with the likes of Brazil, China, India, Mexico and South Africa. Recession? Emerging economies? It's almost as if the annual summit has come full circle from its beginnings back in 1975. For the members of the world's most exclusive club, it must seem like...
Still, human behavior isn't that easy to change. Reilly and Herrgesell point out that reducing your carbon footprint will also cut your utility costs, but that will likely require an up-front payment - in the form of investment in more energy-efficient utilities - and those remain a hard sell to American consumers. Even if you succeed in reducing your personal carbon emissions drastically, you'll likely produce only a few tons' worth of carbon credits - and with carbon credits worth around $7 a ton on the voluntary market, you won't exactly be able to retire on the payoff...
...address to graduating students at Moscow's New Economic School, Obama described the "universal values" not as an ideal form of government but as a way of correcting inevitably imperfect governments. He spoke mainly of the American example - how freedom of speech allows minorities to petition for equal rights, how competitive elections allow citizens to hold their leaders accountable and how a free media expose corporate and government corruption. Then he made the topic personal. (See pictures of Obama in Russia...