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| Authors: | Coral Davenport Benton Ives Phil Mattingly |
|---|
August 2009
Washington is moving to do something that has rarely been attempted: create a market to buy and sell permission slips to, in essence, pollute.
Last week, the U.S. price for high-quality coal was almost $50 a ton. That's about how much premium coal has cost for the past several years, with the exception of a brief, significant run-up in 2008 that was due mostly to global demand pressures from China and India.
Assuming, though, that basic economic conditions are relatively stable in coming years, the effective price of that ton of coal is likely to roughly double within the next decade. That's because of efforts by Congress and the White House to curtail the amount of carbon dioxide and other greenhouse gases released into the atmosphere.
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Start-Up Nation addresses the trillion-dollar question: How is it that Israel—a country of 7.1 million, only sixty years old, surrounded by enemies— produces more start-up companies than large, peaceful, and stable nations like Japan, China, India, Korea, Canada, and the UK? With the insights of geopolitical experts and investors, the authors examine this nation’s adversity-driven culture to answer this question and offer prescriptions for a global economy on the rebound.
In Forces of Fortune, Vali Nasr presents a paradigm-changing revelation that will transform the understanding of the Muslim world at large. He reveals that there is a vital but unseen rising force in the Islamic world—a new business-minded middle class—that is building a vibrant new Muslim world economy and that holds the key to winning the cold war against Iran and extremists.
In Cuba: What Everyone Needs to Know, Julia E. Sweig presents a remarkably accessible portrait of Cuba's unique place on the world stage over the past fifty years, including its internal politics, its often fraught relationship with the United States, and its shifting relationship with the global community.
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