Word: investment
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Dates: during 2000-2009
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Instead of bailing out an auto company that has not been competitive or innovative in years, why not give the funds to car companies that are doing well? Congress could require that the companies invest in the U.S., but other than that, let the market decide. Instead of throwing good money down a sinkhole, let's reward businesses that are innovative and give customers what they want. That used to be called capitalism. Carlos Gonzalez-Najera, BURLINGTON...
...helps that global investment in renewable energy was up 60% last year. The number of projects using geothermal power has lagged behind wind, solar and biofuels for many years. However, since 2004, projects in the U.S. have doubled, and countries such as Indonesia have set ambitious goals for geothermal generation. The financial crisis has hit the renewables sector, to be sure, but analysts say that thanks to U.S. President-elect Barack Obama's green-energy agenda, and recent G-8 goals to cut carbon emissions by 50% by 2050, the industry will come back strong. "I have people calling...
...main topics of discussion. "This is too important not to be front and center on everyone's minds," says Jake Schmidt, head of international climate policy for the New York City-based Natural Resources Defense Council. "It will be a major focus." For international companies looking to invest in REDD projects, there's another reason for signing up. Not only can they bank carbon credits for future use, but there's a p.r. benefit that comes from protecting an endangered tropical forest that might not come, say, from cleaning up a chemical factory in China (even though the value...
...household's capacity to pay. Marketing is another relatively new area that has not traditionally been a focus of the microfinance industry. Yet as MFIs increasingly move beyond credit to offer insurance and savings products so that women can save to pay their children's school fees and invest in healthcare for their families, and as the industry becomes increasingly competitive, understanding customer behavior is becoming more important. In this way, microfinance has come to adopt [more traditional] business practices...
...Democrats had been looking to divert $25 billion of the $700 billion bank-bailout funds allocated in September to help the automakers, a move opposed by many Republicans critical of an industry that has long resisted tighter fuel-efficiency standards, continued to invest in gas-guzzling trucks and SUVs even as oil prices soared and given its union unsustainably generous deals on salary and benefits. "I don't believe this is a good idea, to take $25 billion and give it to the three major car companies, which I think have a business plan that's doomed to fail," Senator...