Word: fueled
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Dates: during 1990-1999
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...spread the pain as evenly as possible, Clinton is focusing on the so- called broad-based energy taxes that would hit producers and big customers like public utilities. Such proposals include a levy on the carbon content of each fuel and an ad valorem -- or sales -- tax on the wholesale price of energy. The front runner is a tax that would be levied on the amount of heat produced by a fuel, as measured in British thermal units. This BTU tax would achieve more pollution control than a straight sales tax and would be less draconian than a carbon levy...
...even as it seems to favor the BTU idea, the Administration insists that it is keeping all energy options open. The battles raging around the major fuel tax proposals...
...dream of environmentalists is the nightmare of producers and users of coal, which contains more carbon than any other fuel. Supporters like Vice President Al Gore praise the idea because it would cut emissions of carbon dioxide, the main culprit in global warming. "It fights the deficit and it fights pollution in a big way," says David Doniger, a senior attorney for the Natural Resources Defense Council...
Southwest's formula is starkly simple: keep costs at rock-bottom. Using only fuel-thrifty 737s, it concentrates on flying large numbers of passengers on high-frequency, one-hour hops directly from city to city, rather than funneling them through the elaborate hub-and-spoke systems of its larger rivals. The lack of amenities enables it to offer bargain fares (average: $58) that undercut others and allow Southwest to quickly dominate most new routes it enters. Boasts CEO and co-founder Herb Kelleher: "We've created a solid niche -- our main competition is the automobile. We're taking people away...
...nation's repressive policies. China is a trickier case, and Clinton's newly expressed caution is well placed. The U.S. indeed has "a big stake in not isolating" China. If Beijing continues its economic liberalization, a domestic political thaw will eventually follow. Clinton should avoid any action that could fuel the Chinese leaders' worst impulses; a reversion would have consequences not only for the Chinese but for all of East Asia, whose galloping economy represents the best market for America's products...