Word: limitates
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Innovest's ratings are of particular interest to a growing class of fund managers, including pioneers Amy Domini of Domini Social Investments and Reto Ringger of Sustainable Asset Management, who limit their investments to companies that meet certain environmental and social criteria. Assets in U.S. socially screened funds surpassed $2 trillion last year, a 36% increase since 1999 and a rate of growth 1.5 times as fast as the average of other professionally managed U.S. funds, according to a Social Investment Forum study...
...exchange is modeled after the largest and most successful experiment to date involving pollution permits. Under the 1990 amendments to the Clean Air Act, the U.S. government set a cap, or limit, on sulfur dioxide emissions, a contributor to acid rain, and distributed tradable emissions permits. Companies able to reduce their emissions below the cap could sell their unused permits to others. The Environmental Protection Agency says the program has reduced SO[2] emissions more than 30% from 1990 levels and cost industry a mere 20% of what the government originally estimated...
...Peter G. Fitzgerald (R-Ill.) and Rep. Mark Foley (R-Fla.) want Rubin, now a director of Enron underwriter Citigroup, to testify about his role in the controversy. Others have questioned a rise in the statutory debt limit that Rubin pushed through Congress...
HOLD THE TUNA An FDA advisory panel has urged the agency to warn pregnant women to limit the amount of canned tuna they eat because it contains mercury, which can harm the nervous system of an unborn child. (Last year the FDA advised pregnant women not to eat shark, swordfish, king mackerel or tilefish, but it did not include tuna on the list.) Health officials say there is no need for women to cut out tuna entirely but advise that it may be prudent to limit consumption to one can a week if they eat other fish...
...event, drug manufacturers are unlikely to let this back door open much wider. Since they make more money on drugs sold in the U.S., they will doubtless limit shipments to Canada if too many Americans start buying there...