"And secondly, I would impose a significant state landfill tipping fee and use that tipping fee to fund the billion dollar bond issue that I want to create to produce the funds for all of the environmental challenges that we just went over"
- Ed Rendell
About this Quote
In this quote, Ed Rendell, a previous Governor of Pennsylvania, describes a policy proposition focused on attending to ecological challenges through financial procedures. Rendell suggests two primary techniques: carrying out a state land fill tipping fee and using the profits generated from this fee to support a considerable bond problem planned to money various ecological initiatives.
** State Landfill Tipping Fee: ** A tipping cost is a charge levied on waste disposed of at a landfill. By imposing a "substantial state land fill tipping cost," Rendell intends to produce profits while all at once discouraging excessive waste disposal. The higher cost connected with land fill use can incentivize individuals and organizations to reduce waste generation, boost recycling efforts, and seek more sustainable waste management practices.
** Funding Environmental Challenges: ** The earnings from the tipping cost is allocated to support a "billion dollar bond concern." Bonds are instruments that allow federal government entities to raise capital from investors, which is then repaid gradually with interest. By developing a significant bond problem, Rendell visualizes protecting substantial funding to take on ecological obstacles. These challenges could vary from contamination decrease and conservation efforts to renewable energy tasks and environment change mitigation strategies.
** Strategic Impact: ** By linking the tipping fee to a bond concern, Rendell proposes a sustainable financing mechanism that not just addresses existing environmental requirements however also sets a precedent for future financial techniques targeting environmental issues. This technique highlights the significance of incorporating financial tools with environmental policy to produce systems that support long-lasting environmental health.
** Broader Implications: ** This proposition reflects a growing trend amongst policymakers to use financial levers as tools for ecological reform. By enforcing costs on ecologically harmful practices while funding sustainable advancement, federal governments can move habits and priorities towards greater eco-consciousness. Rendell's method recognizes the interconnected nature of financial policy and environmental stewardship, advocating for ingenious options to pushing ecological difficulties.
This quote is written / told by Ed Rendell somewhere between January 5, 1944 and today. He/she was a famous Politician from USA.
The author also have 19 other quotes.
"Only as long as a company can produce a desired, worthwhile, and needed product or service, and can command the public, will it receive the public dollar and succeed"
"I went to school at this log school house. A white woman was my teacher, I do not remember her name. My father had to pay her one dollar a month for me. Us kids that went to school did not have desks, we used slates and set on the hued down logs for seats"
"The major material advantage, financial advantage from having a reserve currency is that between 200 and 300 billion dollar bills, that may be twenty, fifty, hundred dollar bills as well as ones, exist in the world - a lot of them in Russia as you all know I'm sure"
"The man who will use his skill and constructive imagination to see how much he can give for a dollar, instead of how little he can give for a dollar, is bound to succeed"
"Stock prices have been quoted in fractions for two centuries, based on a system descended from Spanish pieces of eight. Each dollar was cut into eight bits worth 12.5 cents each"
