Title of the Extract: Carbon market crashes with a whisper, not a bang
Commentary Number: #2
Source of the Extract: Guardian Unlimited - http://www.scenta.co.uk/nature/news/cit/1744022/a-collapsing-carbon-market-makes-megapollution-cheap.htm
Date of the Extract: 23/02/09
Word Count: 746
Date of Commentary: 27/03/09
Section of the Syllabus: Unit 2.4 - Market Failure
Candidate Number:
Candidate Name: Ultan Whelan
Economic Recessions Cause Pollution
The carbon market was created to reduce [...]
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Wednesday, March 18th, 2009
Article
The Obama administration is proposing an increase in the federal tax on cigarettes from 39 cents per pack to $ 1.01 per pack. In doing so, it hopes to decrease the number of smokers in the United States, and prevent people from starting smoking.
The US government is implementing this tax because it believes cigarettes to [...]
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Demand for the products of the chemical company BASF is falling. The demand has fallen sharply in the automotive, construction and textile industries due to the economic slowdown. BASF has decided to cut down output by temporarily halting or slowing down production in 180 plants and also to decrease output from 20% to 25%.
Demand is [...]
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Thursday, March 5th, 2009
A recent study of the real estate market in Zurich has shown that the rents for the busy street Bahnhofstrasse are the 12th highest in the world. The main concern of the stores’ owners is that rents are going up each year by almost 23%.
Demand is a schedule that shows the various amounts of a [...]
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Friday, January 30th, 2009
DB warns of packaged beer price rise next year - Breweries news - NZ Herald - NZ Herald News
The article presents the situation of suppliers in the packaged beer market. The suppliers are warning consumers that the price of beer will go up, due to the mounting costs of the factors of production, such as [...]
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Tuesday, February 12th, 2008
A Wrinkle in the Botox Story
I thought this was quite a bizarre issue, seeing as how for the past couple of months headlines on almost every news page have been screaming, “RECESSION!”
However, Frank Pinkerton of Bank of America Securities’ ”12-month price target is $75, roughly 19% higher” than it is now. And at the edge of [...]
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Thursday, November 8th, 2007
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Thursday, September 27th, 2007
Xbox price down = August sales uptick
Halo 3 was released by Microsoft only two days ago on September 25. This new game has been anticipated by gamers all around the world for months at a time, and it was expected to rapidly boost Xbox 360 sales. Microsoft, the company that manufactures both Halo 3 and [...]
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Monday, September 24th, 2007
In the article “Did health or money spur cigarette tax?” , it talks about how Iowa’s governor raised cigarette taxes by $1. The reason for this, according to the governor, was to reduce smoking so as to improve the quality of people’s health. However, critics felt that the real reason behind this increase in tax [...]
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