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...While Hong Kong's government was milking the harbor as a tax cow, it missed what was happening elsewhere in the world. As shipping moved from downtown wharves to purpose-built container ports, old cities discovered that their weedy waterfronts could be reworked into the sort of environments that would attract?and retain?both tourist dollars and the creative minds that give a place fizz. From Boston to Bilbao, from Singapore to Sydney?even, for heaven's sake, in Liverpool, the ultimate rusted-up port?city planners have remade harbors into lively, people-friendly places full of restaurants, design studios...

Author: /time Magazine | Title: How to Lose a Harbor | 4/25/2005 | See Source »

...Catholic priests, the wine they use in Mass is subject, ironically, to a sin tax." ABRAHAM MITRA, Philippine legislator, objecting to the government's plan to tax the Roman Catholic Church on such commercial activities as selling rosary beads

Author: /time Magazine | Title: Verbatim | 4/25/2005 | See Source »

...representatives in Congress protest that increases in federal investments in energy RD&D are not in the cards given current budget realities. But a doubling of those investments could be funded with an increase of two cents per gallon in the federal gasoline tax. As for the private sector’s investments in developing and deploying low- and no-carbon dioxide energy options, these will start to rise significantly only when there is a marketplace incentive for such action, either in the form of a carbon tax or its practical equivalent in the form of economy-wide emissions caps...

Author: By John P. Holdren, | Title: FOCUS: Energy Technology for Sustainable Development | 4/25/2005 | See Source »

...frozen water becomes liquid and more of its liquid water vaporizes, which can be carried a long way from the source since a warmer atmosphere holds more moisture. Where and how heavily this moisture falls as precipitation are other aspects of climate change that have enormous potential to tax our existing agricultural systems and urban infrastructure...

Author: By James J. Mccarthy, | Title: FOCUS: Climate Shock | 4/25/2005 | See Source »

Independent of concerns for the environment, we have an obvious, national security interest in reducing our dependence on foreign oil. Oil imports account for 62 percent of current domestic consumption, and their contribution continues to increase. A tax on gasoline could promote a switch to more energy efficient vehicles. Politicians, however, show little inclination to take such a step even if the tax were implemented in a revenue neutral form. It could be offset, for example, by a reduction in taxes on income and/or capital. We could institute a purchase tax on gas-guzzlers offset by a subsidy for fuel...

Author: By Michael B. Mcelroy, | Title: FOCUS: The State of the Earth | 4/25/2005 | See Source »

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