Word: reductionism
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Investment-research firm KLD Research & Analytics launched a climate-change index in 2005. This year the big investment banks have piled in, too. JP Morgan introduced an index in February comprised of bonds from firms with limited vulnerability to global warming. ABN Amro launched a Climate Change and Environment Index...
News on the environmental front for the last few years has been consistently dismal, but recent innovations may delay the environmental catastrophe forecast by climate researchers.Though most Americans are too distracted to notice the urgency of global climate change, the few people who have managed to stay focused are coming...
And how did things work out? Laffer is convinced that the reduction of the top tax rate from 70% to 28% during the Reagan years paid for itself--in part by encouraging the rich to stop finagling--and the evidence mostly backs him up. "You find these enormous responses in...
An 11 percent reduction of this number would be consistent with policies already in place in 31 American cities and Yale University’s recent pledge to reduce emissions by 10 percent, according to government statistics.
However, a number of concerns have been raised about the potential financial cost of reducing greenhouse gas emissions, and whether a reduction to a level 11 percent lower than in 1990 is a feasible goal given Harvard’s expansion into Allston.