Word: offsets
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Dates: during 2000-2009
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...pigskin may be brown, but game day is going green. When the stadium lights flick on in Miami Feb. 4 for Super Bowl XLI, the world's most ballyhooed kickoff will be carbon neutral. In the past, the NFL has sponsored tree plantings to offset the hundreds of tons of greenhouse gases emitted during the event--from stadium lights and other fuel burners, like the buses that shuttle spectators around town. This year the league is partnering with alternative-energy provider Sterling Planet to use renewable-energy certificates (RECs) to promote the use of nonpolluting power sources. Lowering emissions...
...earnings exempt from taxes (for individuals, it's $7,500). The idea, Bush argued sensibly Wednesday night, is to "level the playing field" between today's tax-advantaged employer-provided benefits and those purchased outside the workplace, where growing numbers of Americans seek coverage. But Bush would offset these new deductions by taxing employer-provided benefits above that $15,000 (or $7,500) level. The White House guesses that in the first year 30 million people (whose employer plans are richer than the deduction) would see their taxes rise as a result, while 100 million would see their taxes reduced...
...Bush's call to quintuple U.S. production of biofuels such as corn ethanol by 2017. The proposal is solid--to a point. You can't use biofuels without flex-fuel vehicles, and currently there aren't many out there. Plus, manufacturing ethanol is a messy process: smokestack pollution can offset what you save from tailpipes. An overall carbon cap would fix that, but even a greener Bush won't go there. "You dirty up a clean fuel if you manufacture it dirtily," says Sarah Hessenflow Harper, an Environmental Defense analyst and a former agricultural adviser for Senators Sam Brownback...
...clear and coherent way that we do it. We should have limits on donations that should apply to individuals, businesses and trade unions. I've suggested ?50,000 a year as the limit, and in response to that some modest state funding of political parties which you could offset by cutting the cost of politics, reducing the size of the House of Commons and cutting the amount that's spent during a general election. That is a sensible package and I hope others will take...
...demand is coming from." Stephen Roach, Morgan Stanley's chief economist and one of the most skeptical observers of the world economy, has long warned about the dangers of flagging U.S. demand. "The rest of the world doesn't have enough vigor in its private consumption" to offset U.S. declines, he says. Now he's concerned, too, about signs he sees of a possible Chinese slowdown, including a steep drop in the growth of investment spending and reduced gains in industrial output. A less dynamic China is one reason Roach thinks global growth this year will be "significantly below what...