Word: waiver
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...California and the Environmental Protection Agency (EPA) that dates back to George W. Bush's White House. Under the Clean Air Act, California has the right to enforce air-pollution standards that are tougher than the rest of the nation's rules - provided the EPA gives it a waiver. In the past, such waivers had been all but automatic - but when California tried to pass stricter emissions standards for vehicles, the Bush EPA balked, setting up a string of legal battles. California pressed its right to green its millions of cars and trucks; U.S. automakers claimed that if California could...
When Obama came into office in January, he promised that the EPA would review California's waiver requests. But instead of simply giving the green light to California, Obama will also largely incorporate the state's proposed rules into a new and tougher fuel-economy standard for the entire nation. The new rules will tighten fuel-efficiency requirements more slowly than California had wanted - to give the auto industry time to adjust - but ultimately the nation's automakers will end up meeting the same standards as California by model year...
...guava orchards in the heart of rural Punjab. He trumpeted the National Rural Employment Guarantee Act, a welfare scheme for the poor that offers a minimum of 100 days of paid work to one person per family per year, and boasted about the Congress Party's $14 billion loan-waiver program for farmers, the largest ever in India. There have been widespread reports of money being siphoned off from these programs, but Gandhi deflected those criticisms, instead blaming corruption and inefficiency on the Punjab state government, which is controlled by a regional rival of the Congress Party. "The money disappears...
Chrysler LLC has warned the Canadian government and the Canadian Auto Workers (CAW) union that it will close its assembly operations north of the border unless it gets $2.3 billion in loans from Ottawa, a 25% reduction in labor costs and a waiver on more than $1 billion in taxes owed...
...Chrysler, given the need for federal assistance, have kept a low profile in the fight over the California rules, and are still hoping that the Obama Administration won't grant California the waiver. In a show of Detroit's political savvy, the Big Three have also outsourced much of the current fight over the California rules to the National Automobile Dealers Association, long-time critics of legislation. Dealers say they would wind up enforcing a "patchwork quilt" of state regulations, and that the California approach would force automakers to ration certain popular large models. Dolinger says the patchwork argument...