Environmentalists have long favoured using so-called renewable energy in the form of windmills, solar panels and hydrogen fuel cells to generate electricity, power cars and heat homes. And since 1982, the technologies have received generous U.S. federal subsidies. Yet oil and coal still have 85 percent of the energy market
Last week’s demise of the Rhode Island-size Larsen B ice shelf in Antarctica was embraced by environmentalists and media commentators as evidence of human-induced “global warming.” But glaciologists see nothing of the sort.
They point out, in fact, that Antarctica has many climates and that cooling not warming
A new study of old tree rings shows that 1,000 years ago long before power plants and sport utility vehicles temperatures across North America and Asia rose in a period of unusual warmth.
Temperatures were known to be warm in Europe between 900 and 1100 during what
In his most comprehensive comments to date on the issues raised by the Enron debacle, U.S. Federal Reserve Chairman Alan Greenspan has warned against relying on further regulations and legislation to protect against future Enron-type scenarios.
In remarks before the Stern School of Business at New York University, he reiterated his
Anti-globalisers say the world has become increasingly unfair, but as Johan Norberg, the author of “In Defence of Global Capitalism” (Stockholm: Timbro, 2001), points out on TechCentral, in recent decades “extreme poverty has diminished, and where it was quantitatively greatest in Asia many hundreds of millions of people
It appears that in Europe few lift an accusing eye at parents who bear children without getting married. This is especially true in northern Europe and not at all uncommon the further south one goes.
It has been estimated that perhaps half the children born in Norway have parents who
Minerals and energy minister Phumzile Mlambo-Ngcuka’s department has revised and renamed the Minerals Development Bill drafted in 2000, which would vest the country’s vast mineral resources in the state. At the end of January the new Minerals and Petroleum Resources Bill was awaiting certification by the state law adviser. It
The world economy has become more unequal over the last two centuries. That inequality is characterised by a widening income gap among nations, but not necessarily within them. The world economy also became more integrated, leading some economists to suggest a relationship between global economic integration and inequality.
Researchers say that
A little protectionism can go a long way toward setting in motion a snowball of additional tariffs. European trade authorities have compiled a list of U.S. exports to Europe that it intends to tax in retaliation against President Bush’s recent imposition of tariffs of up to 30 percent on some
The Value Added Tax (VAT) is the second largest source of tax revenue for the Mexican government after the income tax. A VAT is a sort of wholesale sales tax levied on the value added at each stage of production of a product until it is sold to the final
