Word: fors
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Dates: during 1970-1979
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The TWA order highlighted a recent trend: U.S. lines are continuing to buy American-made planes, while some big non-American carriers are starting to switch to the Airbus. Historically, Air France and Lufthansa bought Boeing but, although they continue to acquire 747s, neither line has ordered any of the...
For industries gagging on stiff regulatory costs, a decision last week by the Environmental Protection Agency was a breath of fresh air. Rather than fixing stern limits on the air pollutants discharged by each and every smokestack or other source in a plant, the EPA will permit state authorities to...
Under the bubble plan, a company can cut a lot of pollution from sources that are easy and cheap to control, but let out more discharges from sources that are hard and costly to curb. Plants in the same neighborhood can form a bubble and make the accepted trades among...
The steel, utility, and other pollution-heavy industries figure that they will save 10% to 35% of their compliance costs. Du Pont predicts that the bubble policy will reduce annual pollution-control expenses at its 52 largest plants from $136 million to $55 million. Big companies have estimated that environmental...
Thus the policy stands to free up much investment money for new plants, improved productivity and more jobs. Regulators and businessmen agree that giving managers more freedom of choice will motivate them to develop more efficient, economical methods of fighting pollution. Example: the old regulations required Armco to install about...