Word: pullback
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Dates: during 2000-2009
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...current government is squandering energy leadership. When Rasmussen's conservatives took power in 2001, they scaled back subsidies for wind and other renewables. New wind installations dropped precipitously, and between 2004 and 2006 CO2 emissions increased by 3%. "They stopped everything," says Auken. One high-ranking official admits the pullback was a mistake, and last year the government released a new policy that sets sharp targets for improving energy efficiency, increases the CO2 tax and promotes the development of new offshore wind turbines. Nonetheless, the Finnish consultancy Poyry argued in a recent report that the government's new plan doesn...
...observers say that move would make sense. Bank analyst Meredith Whitney, who recently left Oppenheimer to start her own firm, has said the best plan to restart the financial system would be to give government money to smaller regional banks that could fill the lending void created by the pullback of larger ailing banks...
Amid the gravest economic and financial crisis in decades, the outlook for Christmas was never very bright. Some 54% of Americans polled by market-research firm TNS Retail Forward said they planned to spend less money on Christmas gifts this month than they did one year ago. The pullback is not just hitting middle market retailers, such as Dillards and Macys, but upscale stores like Saks Fifth Ave and Nordstrom as well. Saks, for example, saw same-stores sales decline 11.5% in the third quarter, followed by a 5.2% decrease in November...
...year had prescribed - the E.U. bowed to complaints from poorer nations in Eastern Europe, allowing utilities in those countries to continue getting many of their permits for free. (Environmentalists believe forcing utilities to pay for carbon permits accelerates emissions reductions, but utilities complain about the expense.) The pullback showed that for all of Europe's ambitious goals on climate change, it is hardly united on the issue, with the poorer East far less eager to embrace rapid reductions. That's the same daunting divide the world as a whole faces - and if the E.U. can't stay united, it doesn...
...main effect of Nov. 27's Status of Forces Agreement between Iraq and the U.S. is clear--complete troop withdrawal by the end of 2011. But with that pullback comes the end of immunity from Iraqi law for U.S. contractors. Private-security employees have been looked upon with increasing disfavor since last fall's shooting of more than a dozen Iraqis by Blackwater guards. It is unclear whether U.S. contractors will be held responsible for any past offenses...