Word: price
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...would you say are the top three things we can do to reduce our dependence on oil? I feel a tremendous amount of optimism about a shift toward electric cars. We need to rebuild the [electricity] grid, number one. We need to cap carbon dioxide emissions and put a price on them. And number three, we need to make better batteries and parts. Better batteries will usher in the dawn of the electric...
Harvard (8-1-1, 1-0-1 Ivy) soon paid the price, falling early to the Big Red (4-3-3, 0-0-2 Ivy) by a goal...
...Even poor people get it. But no other interest group makes out quite the way homeowners do. They - or we, I should say, for I'm a homeowner too - are at the receiving end of a truly staggering array of subsidies and tax breaks. Putting an exact price tag on all of them is impossible, but the value is clearly in the hundreds of billions of dollars a year...
Washington's reading seems to be that we're not subsidizing housing enough. Congress, the Bush and Obama administrations and the Fed have been piling on new aid. For now, they may be correct to do so. With the banking system still shaky, further big declines in house prices could bring disaster. Slowing a price collapse is a reasonable aim of government policy. But as we dig out of this mess, we ought to ask whether the vast infrastructure of government support for homeownership that has been built up since the 1930s is really such a wise policy...
...interest rates, Britain's Independent newspaper reported that the Gulf Arab states and China, Russia, Japan and France are working to end the use of the dollar in oil trading by 2018. Citing "Gulf Arab and Chinese banking sources in Hong Kong," the newspaper said the plan is to price oil using a basket comprising gold, euro, yen, renminbi and a new unified currency for the Gulf Cooperation Council countries...