Word: schemes
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Dates: during 2000-2009
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...judicial farce.' CHARLES JAMES, a Chevron executive, on the $27 billion lawsuit Ecuadoran plaintiffs filed against the oil giant for allegedly causing environmental damage in the Amazon. The company has released recordings that reportedly implicate government officials in a bribery scheme and suggest that the case's judge has decided he will rule against Chevron...
...dream will come crashing, if Natalie (Anna Kendrick) has her way. Fresh out of business school, with a psychology minor, she sells the company president (Jason Bateman) a scheme to save millions of dollars in air and hotel bills: just fire people from the home office, over a picture-phone device like iChat. Ryan is stricken. Natalie's plan threatens not his job - he can stay in Omaha, Neb., and make the kill calls - but his way of life. No more first-class treatment; no familiar salutations from hotel clerks and flight attendants who are his equivalent of friends...
...country's recent history that went on to win public backing, from abolition of the death penalty to decolonization. But momentum behind the idea of such a tax in Europe has been sluggish in recent years. Instead, European governments have thrown their weight behind the E.U.'s Emission Trading Scheme (ETS), which, since 2005, has granted the region?s industries a limited number of permits to emit harmful gases. Companies that pollute less than their allocation can sell their remaining permits to others that are busting their limits...
...bother with the tax? The logic for Europe is simple. The E.U. has pledged to slash greenhouse gas pollution by a fifth of 1990 levels by 2020. But the bloc's Emission Trading Scheme only covers around 40% of its emissions. The U.S. plan, by comparison, will cover roughly double that portion, says Simon Tilford, chief economist at the Centre for European Reform in London. (Unlike the U.S., Europe, didn't include the petroleum sector in its own scheme, preferring to more heavily tax the industry instead.) Extending the "fiendishly complicated" system, as Tilford calls it, would be enormously difficult...
...always known that heedless self-interest was bad morals," FDR said in 1937, in the midst of the Great Depression. "We know now that it is bad economics." We learned this all over again after the collapse of Lehman Brothers, the shame of subprime mortgages and the brazen Ponzi scheme of Bernie Madoff. But even amid the Great Recession of 2009, people have been trading in their SUVs for Priuses, buying record amounts of fair-trade coffee and investing in socially responsible funds at higher rates than ever before. What we are discovering now, in the most uncertain economy since...