Word: voluntaryism
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The system is fatally flawed. Basic Pilot is voluntary. Employers aren't required to sign up. Imagine what compliance with tax laws would be if filing a 1040 were optional.
Such public stirrings are at last getting the attention of politicians and business leaders, who may not always respond to science but have a keen nose for where votes and profits lie. State and local lawmakers have started taking action to curb emissions, and major corporations are doing the same...
For now, U.S. firms that want to trade emissions must join the Chicago Climate Exchange, a voluntary but legally binding bourse whose members, according to founder Richard Sandor, account for 8% of the greenhouse emissions from stationary sources in the U.S. "If we were a country," he says, "we'd...
Jim Rogers runs a power company that spews 62 million tons of carbon dioxide into the atmosphere each year. That's a lot of greenhouse gas. But you won't find him on the hit list of environmental crusaders. The CEO of Cinergy, a utility with nine coal-fired plants...
Before they arrive for the whirlwind of Freshman Week, starry-eyed first-years are mailed the blandly-titled booklet “Conversations with Faculty and Staff: Readings for Freshman,” that includes essays by Emerson, Ellison, and Jane Adams. Harvard thus seems to be the ivy-clad...