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Bank Of America Investment The Post rightly notes that "more must be done to balance trade rules with environmental protection" in the fast track bill sponsored by Rep. Bill Thomas that the full House may vote on soon [editorial, Oct. 15].

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Investment Opportunity But instead of President Bush acknowledging the point to win over a few Democratic votes, the legislation should be strengthened to accomplish the goal.

The UK plans to reduce carbon emissions by 60% and between 26% and 32% by 2020. Plans for greener homes with better energy efficiency, investment in low carbon fuels and technologies such as carbon capture and storage, wind, wave and solar power are also in the pipeline. The government will be able to fast track new policies to tackle climate change, including new trading schemes for sectors not covered by the European trading scheme. Fast track policies mean will mean businesses should adopt best practice policies quickly as the gap between proposed legislation and implementation will shorten considerably.

Banc Of America Investment For example, current trade and investment rules create a perverse situation in which environmental safeguards that would be protected under U.S. law can be challenged in the arena of international trade and investment disputes. This defect should be corrected in the bill to ensure the integrity of our national standards protecting air, water, land and wildlife.

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Banking Investment The Thomas bill also needs improvement in such areas as enforcing environmental safeguards, assisting nations to strengthen environmental laws and ensuring that environmental provisions will be included in future trade deals.

Investment Solution Strategic These additional provisions are not deal breakers, they are consensus makers. A consensus alternative on the environment is achievable, if only Rep. Thomas and the administration would pursue it.

Run your snare track through the compressor starting with the fastest attack possible. You’ll hear a very clipped attack.

Investment Banking Services Mark Van Putten
President
National Wildlife Federation
Washington, DC

Bank Investment Washington Post - 10/22/2001

Topic: Trade

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