Word: offsets
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Municipal property taxes will be going up in Cambridge, mostly to offset increased costs for employing city workers, Cambridge City Manager Robert W. Healy told local officials at yesterday’s hearing on the city’s budget for fiscal year 2009, which begins July 1. The budget includes provisions for new full-time police officers and a transitional jobs program. “I think there are some major miracles in this budget,” said Cambridge City Councillor Kenneth E. Reeves ’72. “I think that the City of Cambridge...
These days, you'll increasingly have to make some effort to control pollution and balance profits with corporate social responsibility. But many Western multinationals would still balk at demands to create enough jobs in the host country to offset the corruption, inequality and not infrequent social unrest their fees can fuel. Such things, they argue, are someone else's concern. The persistence of this mind-set is one reason for the endurance of the "resource curse," the term given by economists to the paradox that countries blessed with natural wealth often grow more slowly and become more violent and repressive...
...describing as a “pause to plan,” will attempt to keep Faculty numbers steady over the 2008-2009 academic year, meaning that only 25 to 30 new hires will be made, about 30 percent less than the average over the last 10 years, to offset retirements and other departures...
...liberalization of Europe's telecom markets in the late '90s that forced Telenor abroad, in search of growth to offset stiffening domestic competition. But squared up against the region's big boys - Telefónica, say, or Deutsche Telekom - Telenor was too small to make much headway in established European markets. It "never had the firepower to go for scale in Europe along the lines pursued by others," says Martin Mabbutt, telecoms analyst at financial services group Nomura in London...
Sandor advocated an emissions trading program similar to the one he'd put forward for acid rain, and his thoughts helped shape the Kyoto Protocol, which requires developed nations to reduce their emissions and created a carbon trading and offset market to speed that process along. In the late 1990s he began formulating the Chicago Climate Exchange (CCX), a private emissions trading market, to take advantage of the changes he assumed would be coming when the U.S. ratified Kyoto. Of course, that never happened, but Sandor still launched...