Word: spurs
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Halting the decline of the planet's life-support systems may be the most difficult challenge humanity has ever faced. The report specifies some common-sense steps in the right direction. For instance, governments can eliminate the estimated $700 billion in annual subsidies that spur the destruction of ecosystems. In Tunisia, water is priced at one-seventh of what it costs to pump, encouraging waste. In the mid-1980s, Indonesia spent $150 million annually to subsidize pesticide use. With access to cheap chemicals, Indonesian farmers poured pesticides onto their rice fields, killing pests, to be sure, but also causing human...
Thirty years ago in the U.S., Earth Day 1970 and the subsequent Clean Air Act of 1970 helped spur worldwide changes that started to have a positive effect on the environment. Some governments began to eliminate lead in gasoline and to clean up power plants. Now it's time to take the next step--to do for energy conservation and clean energy what was done for clean air back in 1970. Fortunately, there are things we can do, and that's what Earth Day 2000 will try to emphasize...
...TIME Washington correspondent Elaine Shannon. "The feds are more likely to wait for fatigue to take its toll, and that's more likely to take this standoff into next week." Even then, it may take Juan Miguel Gonzalez going to court to get an order of his own to spur Reno into action...
Gerald Levin declined to say whether any future endowments from Time Warner were in the works, stressing the spur-of-the-moment nature of the decision. But he didn't rule anything...
...market and feel rich - and then they'll go spend what they don't actually have." Granted, spending against paper profits that may disappear with the next NASDAQ nosedive isn't exactly the stuff of sound personal finance, but will American investors' apparent flush of success be enough to spur the Fed chief into do something drastic - like once again raising interest rates? Count on it, says Kadlec. "Consumer spending indices hold a lot of weight with Greenspan," he explains. "As long as we see numbers like these, there's no relief in sight from incrementally rising interest rates." Once...