Word: pricing
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...rule, presidential candidates not named Ross Perot don't propose fuel-tax hikes. Interestingly, though, to fight global warming, Clinton, McCain and Obama are all in favor of a carbon-cap-and-trade regimen, which would raise the price of fossil fuels just as surely as a direct tax would. Almost in spite of ourselves, we may end up with a semi-rational long-term energy policy. It won't make gas cheaper anytime soon - or perhaps ever - but in the long run, it could strengthen the country's economic prospects...
...Some in the tuna industry are deeply skeptical that Clean Seas will succeed. Even if it does, they doubt the fish it produces will fetch a high enough price to make the operation pay. The naysayers - those who spoke to TIME chose to remain anonymous - are wrong, argues Peter Dundas-Smith, chairman of the Australian Seafood Cooperative Research Centre, a government-industry joint venture...
Finally, clarity on the Jeremiah Wright issue [May 12]. Yes, he has done great things, but at a hefty price: despair about racism. People like Wright should be afraid of Barack Obama's promise of change. Joseph Morriss, CHICAGO...
...designer denim, it’s just worth it.It wasn’t until I got home and laid the stiff denim on my bed that the magnitude of the day’s purchase hit me: did I really just buy a pair of Diesel jeans at full price? What happened to that young Chicagoan who scoured the Marshall Fields on State Street for marked down Guess? What happened to me at Harvard?There’s a picture of me that my mother took when we drove from Chicago to Cambridge at the start of my freshman year...
...timber. A certain number of offsets make sense - as long as they are real and verified (which is hard to ensure). But many policy analysts fear that unlimited offsets in the fragile early years of the system would invite wholesale gaming (destroying the market's credibility) and keep the price of carbon pollution permits so low that coal plants would just keep spewing, destroying the market signal that's needed to usher in the new low-carbon economy McCain described so well in Portland...