he economy favors throughput over quality and craftsmanship, and economists are terrified because the American savings rate has crept upward from about zero to almost five percent. But the mortgage crisis and the burgeoning credit card crisis are causing Americans to become wary of irresponsible debt.
Denis HayesThat said, I'm embarrassed and furious that so many coal-state Democrats in the U.S. Senate are paralyzing international progress to protect the short term interests of a dying industry that ravages the environment from mine to slag heap.
Denis HayesAs a student of conservation biology, I believe that characteristics with survival value will ultimately prevail. There is no survival value in pessimism. If you think failure is inevitable, that view will probably become self-fulfilling.
Denis HayesWe need a firm cap on carbon emissions from fossil fuels. No coal, oil, or gas could enter the economy until the buyer had a permit. All permits would be auctioned by the federal government, and the number of permits auctioned would be decreased by three percent per year. Permits could be traded, but they could not be created out of whole cloth by companies that plant forests or dump iron filings at sea.
Denis Hayes