Word: start
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Dates: during 2000-2009
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...money: the expanded tax credits for renewables in Obama's stimulus plan. The problem is that credits reduce a company's tax bills, but many renewable energy companies are start-ups that have yet to become profitable - meaning they don't pay enough taxes to benefit from a credit. Until recently, banks like Lehman Brothers bought credits from renewable energy companies and used them to reduce their own tax liabilities - for the good that did. With that market vaporized, Washington can increase tax credits all it wants, but the policy will have little effect. The answer is to make...
...region is ready for a fresh start: the sheer fact that los yanquis elected a liberal African American as President has already done a good deal to alter Uncle Sam's image in Latin America, even among leftists. None other than Chávez said last month that "there are winds in favor of relations between the Venezuelan government and the new President of the U.S." Cuban President Raúl Castro has said much the same. The amiability turned sour this weekend, however, when Chávez, reacting to a new Univision interview with Obama in which the President...
...even if the U.S. doesn't give Saab a visa while Obama is President, a sufficient number of Latin Americans are likely to see enough change in gringo policy to soften their resentment toward the U.S. And if Obama is smart, he'll see that as a good start instead of an afterthought...
...other Arab states to sign a truce with Israel, rather than following Israel's example of declaring its own, it may be only days or weeks before the Islamists or any of the myriad militant groups in Gaza decide to take revenge for the Israeli assault and again start firing rockets into southern Israel. And that, judging from Olmert's warning, would result in Israel again pummeling Gaza...
...construction work isn't due to begin for at least five years. Still, nobody is banking on that outcome. Sheila Taylor, a pensioner who moved there in the 1930s, finds a very British way to look on the bright side. "I'll probably be gone by the time they start building," says the 77-year-old. "In a way, I hope that...