Word: coal
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...There has been plenty of evidence from past experience that the last thing the economy needs is an increase in energy costs," says William Karis, executive vice president of CONSOL, the second largest U.S. coal company. Concurs Thomas Kuhn, president of the Edison Electric Institute, which represents major power companies: "The best way to increase revenues is to encourage the expansion of business activity. Energy taxes do the opposite...
...that would be levied on the amount of heat produced by a fuel, as measured in British thermal units. This BTU tax would achieve more pollution control than a straight sales tax and would be less draconian than a carbon levy, which might cripple the carbon-rich coal industry...
...dream of environmentalists is the nightmare of producers and users of coal, which contains more carbon than any other fuel. Supporters like Vice President Al Gore praise the idea because it would cut emissions of carbon dioxide, the main culprit in global warming. "It fights the deficit and it fights pollution in a big way," says David Doniger, a senior attorney for the Natural Resources Defense Council...
Some Latino and Asian American activists will tell you that Mexicans, Puerto Ricans, Chinese, and Japanese Americans have been here for more than a century, working in coal mines and building railroads, implying that they deserve--by dint of this contribution--the recognition of their own cultural spaces. They are right, to an extent, but they deserve no more than the descendants of Jewish, Italian, Irish, German, Polish, and West Indian immigrants. All of these groups are properly viewed as inextricable parts of American history, not as distinct histories in themselves. The line--sometimes literally a line--that has separated...
...CASPAR WEINBERGER AND FIVE OTHER SUSPECTS IN the Iran-contra affair got pardons for Christmas, the Santa in the White House was not so generous to everyone. CLARK CLIFFORD, 85, the onetime Defense Secretary indicted for helping the Bank of Credit & Commerce International secretly buy two U.S. banks, received coal in his stocking. He was up for consideration, but counsel C. Boyden Gray recommended against a pardon, and Bush agreed. Reason: Clifford's indictment suggests he reaped a bundle from his B.C.C.I. connection...