Sentences with phrase «economic policy in future»

Not exact matches

Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.

The index measures 500 consumers» attitudes on future economic prospects, in areas such as personal finances, inflation, unemployment, government policies and interest rates.

Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.

New research published this summer by economists Christian Dustmann and Uta Schönberg in the American Economic Journal found that policies that increased maternity leave did little to increase children's future educational achievement.

Our forecast of a «soft landing» for the Chinese economy is based on the increasing evidence that Chinese economic and financial policies are becoming less restrictive and will likely become expansive in the near future, with increased outlays for infrastructure.

THE World Economic Forum in Melbourne, where I spent a few quiet days last week, delivered some strong messages on future policy directions.

The time has come to invest in young Canadians and adopt smart policies so that our future economic stability can remain secure.

Political uncertainty in Japan is high, with the future of Prime Minister Abe and his economic policies currently at risk.

With the global economy «floating on an ocean of credit,» the current acceleration of credit via central bank policies will likely produce a positive rate of real economic growth this year for most developed countries, PIMCO chief Bill Gross writes in his latest monthly commentary, but «the structural distortions brought about by zero bound interest rates will limit that growth and induce serious risks in future years.»

«One of the reasons to wait is to find out do we get uncertainty in the market about future economic policy and does that create a correction in the equity market and slow down business engagement?»

I remember meetings as far back as 2008, for example involving senior United States or European government officials looking to be debriefed on the Chinese economy, in which the foreign (and some Chinese) analysts present spoke jauntily about the great success of China's growth policies and the brilliant future ahead, while many of the Chinese economists present were much more cautious and even gloomy as they discussed the sheer intractability of China's economic distortions.

A trend is called nascent for a reason — there is a risk it does not develop — and there is risk to our optimistic baseline that foresees better economic policy in key emerging and developed economies and the possibility of future breakthroughs in U.S. economic policy over our secular horizon.

Implementing (another nascent trend) better economic policy in key emerging economies (China, India) as well as key developed economies (eurozone, Japan) with at least the possibility of future breakthroughs in U.S. economic policy (immigration, oil exports, trade promotion authority).

How you position your bond portfolio now will determine future results when the tide of easy monetary policy rolls out and other economic waves start to roll in.

In a related statement, Fed officials said: «Given the economic outlook, and recognizing the time it takes for policy actions to affect future economic outcomes, the Committee decided to raise the target range for the federal funds rate to 1/4 to 1/2 percent.»

Yet this isn't the first time in the present campaign that the Conservatives themselves have trespassed on traditional Bank of Canada terrain. On July 22 Joe Oliver publicly rejected the use of quantitative easing in Canada (the unconventional credit - expanding strategy that has been used successfully in the US, the UK, and now Europe) despite dimming economic projections here. Decisions about the use of QE should, in theory, be the purview of the central bank. Several economists publicly questioned Oliver's statement, noting that it throws into question the Bank's future decisions on monetary policy.

We think the speculation about a potential future tightening of monetary policy by the ECB — whether in the form of a tapering of bond purchases or a rise in interest rates — has moved too far ahead of the economic and political realities within the eurozone.

«This helps illustrate the resilience of the American economy and the way in which new business creation constantly creates a new economic future, even as the surrounding economy appears stuck,» said Dane Stangler, director of Research and Policy at the Kauffman Foundation.

In this particular instance it is not very difficult to imagine scenarios in the not - too - distant future in which there might occur resurgences of socialist policies and ideals: the failure of neo-capitalist regimes in developing societies and / or the formerly Communist countries in Europe to achieve economic take - off; the insight granted to sundry dictators and despots that, while socialism invariably immiserates the masses, it is a very good recipe for enriching those who claim to hold power as the vanguard of the masses; the «creeping socialism» (still an aptly descriptive term) brought on by massive government intervention in the economy in the name of some societal good, e.g., there could be an environmentalist road to socialism, or a feminist one, or one constructed (perhaps inadvertently) with some other building blocks of politically managed regulations and entitlements; or, last but not least, the actual restoration of socialism, by coup or by voting, in a number of countries, beginning with RussiIn this particular instance it is not very difficult to imagine scenarios in the not - too - distant future in which there might occur resurgences of socialist policies and ideals: the failure of neo-capitalist regimes in developing societies and / or the formerly Communist countries in Europe to achieve economic take - off; the insight granted to sundry dictators and despots that, while socialism invariably immiserates the masses, it is a very good recipe for enriching those who claim to hold power as the vanguard of the masses; the «creeping socialism» (still an aptly descriptive term) brought on by massive government intervention in the economy in the name of some societal good, e.g., there could be an environmentalist road to socialism, or a feminist one, or one constructed (perhaps inadvertently) with some other building blocks of politically managed regulations and entitlements; or, last but not least, the actual restoration of socialism, by coup or by voting, in a number of countries, beginning with Russiin the not - too - distant future in which there might occur resurgences of socialist policies and ideals: the failure of neo-capitalist regimes in developing societies and / or the formerly Communist countries in Europe to achieve economic take - off; the insight granted to sundry dictators and despots that, while socialism invariably immiserates the masses, it is a very good recipe for enriching those who claim to hold power as the vanguard of the masses; the «creeping socialism» (still an aptly descriptive term) brought on by massive government intervention in the economy in the name of some societal good, e.g., there could be an environmentalist road to socialism, or a feminist one, or one constructed (perhaps inadvertently) with some other building blocks of politically managed regulations and entitlements; or, last but not least, the actual restoration of socialism, by coup or by voting, in a number of countries, beginning with Russiin which there might occur resurgences of socialist policies and ideals: the failure of neo-capitalist regimes in developing societies and / or the formerly Communist countries in Europe to achieve economic take - off; the insight granted to sundry dictators and despots that, while socialism invariably immiserates the masses, it is a very good recipe for enriching those who claim to hold power as the vanguard of the masses; the «creeping socialism» (still an aptly descriptive term) brought on by massive government intervention in the economy in the name of some societal good, e.g., there could be an environmentalist road to socialism, or a feminist one, or one constructed (perhaps inadvertently) with some other building blocks of politically managed regulations and entitlements; or, last but not least, the actual restoration of socialism, by coup or by voting, in a number of countries, beginning with Russiin developing societies and / or the formerly Communist countries in Europe to achieve economic take - off; the insight granted to sundry dictators and despots that, while socialism invariably immiserates the masses, it is a very good recipe for enriching those who claim to hold power as the vanguard of the masses; the «creeping socialism» (still an aptly descriptive term) brought on by massive government intervention in the economy in the name of some societal good, e.g., there could be an environmentalist road to socialism, or a feminist one, or one constructed (perhaps inadvertently) with some other building blocks of politically managed regulations and entitlements; or, last but not least, the actual restoration of socialism, by coup or by voting, in a number of countries, beginning with Russiin Europe to achieve economic take - off; the insight granted to sundry dictators and despots that, while socialism invariably immiserates the masses, it is a very good recipe for enriching those who claim to hold power as the vanguard of the masses; the «creeping socialism» (still an aptly descriptive term) brought on by massive government intervention in the economy in the name of some societal good, e.g., there could be an environmentalist road to socialism, or a feminist one, or one constructed (perhaps inadvertently) with some other building blocks of politically managed regulations and entitlements; or, last but not least, the actual restoration of socialism, by coup or by voting, in a number of countries, beginning with Russiin the economy in the name of some societal good, e.g., there could be an environmentalist road to socialism, or a feminist one, or one constructed (perhaps inadvertently) with some other building blocks of politically managed regulations and entitlements; or, last but not least, the actual restoration of socialism, by coup or by voting, in a number of countries, beginning with Russiin the name of some societal good, e.g., there could be an environmentalist road to socialism, or a feminist one, or one constructed (perhaps inadvertently) with some other building blocks of politically managed regulations and entitlements; or, last but not least, the actual restoration of socialism, by coup or by voting, in a number of countries, beginning with Russiin a number of countries, beginning with Russia.

In fact Stephen Beer claimed Labour needed to respond to the tough decisions it faced on the economy, outline an economic plan for the future rather than a retrospective attack on Coalition policy and most importantly close the economic credibility gap that was first conceived and then grew during Labour's last years in officIn fact Stephen Beer claimed Labour needed to respond to the tough decisions it faced on the economy, outline an economic plan for the future rather than a retrospective attack on Coalition policy and most importantly close the economic credibility gap that was first conceived and then grew during Labour's last years in officin office.

But in welcoming this, Sarkozy was at pains to point out the distinction between the much greater economic policy integration amongst the euro 17 countries, and what he called the «confederal» future that the wider, still enlarging EU faces.

It was a desire for the UK Parliament to have the final say over Britain's fiscal and economic future, Britain's policies on immigration, and control over business practices in this country.

On the economic and business side, emphasis was put on the importance of being part of single European home market with access to over 250 million people for British business, industry, jobs, and future prosperity; greater bargaining strength in matters related to issues such as energy and trade negotiations; and the ability to take advantage of the Common Agricultural Policy with the price stability and guaranteed food supplies that it brought with it.

But it's also raising hard questions about workplace protections and what a good job will look like in the future» Presidential candidate Hillary Clinton said in a speech today outlining her economic policy.

Left Futures recently published an article of mine, Labour needs to rediscover comprehensive economic planning, in which I argued that Labour, and the radical Left generally, needed to rediscover the centrality of the need for a comprehensive Left Economic Programme both as a core policy offer for Labour, and as a guide and implementation tool -economic planning, in which I argued that Labour, and the radical Left generally, needed to rediscover the centrality of the need for a comprehensive Left Economic Programme both as a core policy offer for Labour, and as a guide and implementation tool -Economic Programme both as a core policy offer for Labour, and as a guide and implementation tool -LSB-...]

After a failed attempt by activists to make the party distance itself from the Tories» economic policies, Naomi Smith, the SLF chair, began to feel that the party's future was in jeopardy.

Any shadow chancellor would want the focus to be on those very real economic challenges facing Britain today rather than speculating on the possible effects of future policies of a party not in power.

The Adonis Commission in the North East, the Heseltine Review and IPPR North's own Northern Economic Futures Commission have championed these policy prescriptions.

But we can not address the future unless we are clear about the past and unless we show we're completely confident in economic policy.

A Labour government will drive forward the economic and industrial policy that Ed Miliband, Ed Balls and Chuka Umunna have been developing to create more high quality jobs in every region of the country by reforming our banking sector, modernising our infrastructure, and working with businesses to get the long - term investment we need in growing SMEs and the high productivity, growth industries of the future.

The poverty and violence they are escaping is a glimpse at our future if we continue to follow the economic policies promoted by Cuomo and Astorino,» Hawkins noted in urging New York to provide sanctuary to these victims.

«As I stated in my «Initiatives for a Smart Economy» address, the protection and restoration of the health and integrity of Western New York's fresh water systems is not only sound environmental policy but also represents a smart investment in our economic future,» said Erie County Executive Mark C. Poloncarz.

She is a cog in the machine politics dominating the Labour Party that will prevent a future Labour Government from having credible economic policies.

► This week's issue of Science also includes a brief recap of the 40th annual AAAS Forum on Science and Technology Policy, attended by «more than 400 elected officials, government and business leaders, researchers, educators, and others» on 30 April and 1 May in Washington, D.C. «The importance of basic research for the nation's scientific and economic future was a recurring theme,» and «participants delved into the factors driving the tight budget environment» scientists are currently facing.

ECONOMICS: Edmund S. Phelps of Columbia University, for his work in the 1960s elucidating the relation among unemployment, inflation and expectations, thereby better connecting current policy and future economic goals.

Participating organizations are based in either Washington, DC, San Francisco, CA, Ottawa or Toronto, Canada and include: American Library Association, Canadian Internet Policy and Public Interest Clinic, Center for Democracy and Technology, Citizen Lab, Competitive Enterprise Institute, Creative Commons, Electronic Frontier Foundation, Future of Music Coalition, Internet Education Foundation, Joint Center for Political and Economic Studies, Media Access Project, National Hispanic Media Coalition, New America Foundation, Progress and Freedom Foundation, Public Knowledge, TechFreedom, and Technology Policy Institute.

Our ultimate goal is meaningful change in policy and practice that produces substantially larger impacts than current best practices on the learning capacity, health, and future economic and social mobility of vulnerable young children.

State policy makers face important choices in responding to P.L. 99 — 157 that will greatly affect the future course of preschool special education and have important educational and economic implications.

Why do ivory tower academics get into policy positions, in this case assuming that forward rates forecast future economic activity?

For example, even though the Fed was still holding the funds rate steady in autumn 2016, fixed mortgage rates rose by better than three quarters of a percentage point amid growing economic strength and a change in investor sentiment about future growth and tax policies during the period.

Disagreements between governments on the future of the EU and economic policies will most probably result in a weakening of the euro against the Japenese yen.

Ideas of better world economic growth prospects and major central banks tightening their monetary policies in the near futures have helped to sink the U.S. Treasury markets.

Factors that could cause Blizzard Entertainment's actual future results to differ materially from those expressed in the forward - looking statements set forth in this release include, but are not limited to, sales of Blizzard Entertainment's titles, shifts in consumer spending trends, the seasonal and cyclical nature of the interactive game market, Blizzard Entertainment's ability to predict consumer preferences among competing hardware platforms (including next - generation hardware), declines in software pricing, product returns and price protection, product delays, retail acceptance of Blizzard Entertainment's products, adoption rate and availability of new hardware and related software, industry competition, rapid changes in technology and industry standards, protection of proprietary rights, litigation against Blizzard Entertainment, maintenance of relationships with key personnel, customers, vendors and third - party developers, domestic and international economic, financial and political conditions and policies, foreign exchange rates, integration of recent acquisitions and the identification of suitable future acquisition opportunities, Activision Blizzard's success in integrating the operations of Activision Publishing and Vivendi Games in a timely manner, or at all, and the combined company's ability to realize the anticipated benefits and synergies of the transaction to the extent, or in the timeframe, anticipated.

«Even though the diffusion of economic power is in progress globally, the future of the world economy still hinges upon the direction of U.S. policies.

Once the reactors that are in construction come online, probably along with others that will be approved in the future unless China changes its energy policy, that number should shoot up, though to what percentage of total will depend on many factors (economic growth is probably # 1 on the list).

America's energy revolution means... a United States that's more energy self - sufficient — less dependent on others, more secure in the world and better positioned to help friends abroad; economic growth and job creation — and with the right policy choices, a golden opportunity to secure American prosperity well into the future; and a stronger U.S. trading posture that, with energy exports, could benefit consumers

The participants in the research workshop were: Joseph Aldy, Assistant Professor of Public Policy, Harvard Kennedy School; Dallas Burtraw, Darius Gaskins Senior Fellow, Resources for the Future; Denny Ellerman, Part - time Professor, European University Institute, Robert Schuman Centre for Advanced Studies; Michael Greenstone, 3M Professor of Environmental Economics, Massachusetts Institute of Technology; Lawrence H. Goulder, Shuzo Nishihara Professor of Environmental and Resource Economics, Stanford University; Robert Hahn, Director of Economics, Smith School, University of Oxford; Paul L. Joskow, President, Alfred P. Sloan Foundation; Erin T. Mansur, Associate Professor of Economics, Dartmouth College; Albert McGartland, Director, National Center for Environmental Economics, U.S. Environmental Protection Agency; Brian J. McLean, Former Director, Office of Atmospheric Programs, U.S. Environmental Protection Agency; W. David Montgomery, Senior Vice President, NERA Economic Consulting; Erich J. Muehlegger, Associate Professor of Public Policy, Harvard Kennedy School; Karen L. Palmer, Senior Fellow, Resources for the Future; John Parsons, Executive Director, Center for Energy and Environmental Policy Research, MIT Sloan School of Management; Forest L. Reinhardt, John D. Black Professor of Business Administration, Harvard Business School; Richard L. Schmalensee, Howard W. Johnson Professor of Economics and Management, MIT Sloan School of Management; Daniel Schrag, Sturgis Hooper Professor of Geology, Harvard University; Robert N. Stavins, Albert Pratt Professor of Business and Government, Harvard Kennedy School; Thomas Tietenberg, Mitchell Family Professor of Economics, Emeritus, Colby College; and Jonathan B. Wiener, William R. and Thomas L. Perkins Professor of Law, Duke University Law School.

The participants in the policy and politics roundtable were: Robert Grady, General Partner, Cheyenne Capital Fund (1989 — 1991: Associate Director, Office of Management and Budget for Natural Resources, Energy & Science; 1991 — 1993 Executive Associate Director, OMB, and Deputy Assistant to the President); C. Boyden Gray, Principal, Boyden Gray & Associates (1989 — 1993: White House Counsel); Fred Krupp, President (1984 — present), Environmental Defense Fund; Mary D. Nichols, Chairman, California Air Resources Board (1993 — 1997: Assistant Administrator for Air and Radiation, U.S. Environmental Protection Agency); Roger Porter, IBM Professor of Business and Government, Harvard Kennedy School (1989 — 1993: Assistant to the President for Economic and Domestic Policy); Richard L. Schmalensee, Howard W. Johnson Professor of Economics and Management, MIT Sloan School of Management (1989 — 1991: Member, President's Council of Economic Advisers); and Philip Sharp, President, Resources for the Future (1975 — 1995: Member, U.S. House of Representatives, Indiana, and Chairman, Energy and Power Subcommittee, House Committee on Natural Resoupolicy and politics roundtable were: Robert Grady, General Partner, Cheyenne Capital Fund (1989 — 1991: Associate Director, Office of Management and Budget for Natural Resources, Energy & Science; 1991 — 1993 Executive Associate Director, OMB, and Deputy Assistant to the President); C. Boyden Gray, Principal, Boyden Gray & Associates (1989 — 1993: White House Counsel); Fred Krupp, President (1984 — present), Environmental Defense Fund; Mary D. Nichols, Chairman, California Air Resources Board (1993 — 1997: Assistant Administrator for Air and Radiation, U.S. Environmental Protection Agency); Roger Porter, IBM Professor of Business and Government, Harvard Kennedy School (1989 — 1993: Assistant to the President for Economic and Domestic Policy); Richard L. Schmalensee, Howard W. Johnson Professor of Economics and Management, MIT Sloan School of Management (1989 — 1991: Member, President's Council of Economic Advisers); and Philip Sharp, President, Resources for the Future (1975 — 1995: Member, U.S. House of Representatives, Indiana, and Chairman, Energy and Power Subcommittee, House Committee on Natural ResouPolicy); Richard L. Schmalensee, Howard W. Johnson Professor of Economics and Management, MIT Sloan School of Management (1989 — 1991: Member, President's Council of Economic Advisers); and Philip Sharp, President, Resources for the Future (1975 — 1995: Member, U.S. House of Representatives, Indiana, and Chairman, Energy and Power Subcommittee, House Committee on Natural Resources).

The three scenarios developed are Modern Jazz, which represents a «digitally disrupted,» innovative, and market - driven world, Unfinished Symphony, a world in which more «intelligent» and sustainable economic growth models emerge as the world drives to a low carbon future, and a more fragmented scenario called Hard Rock, which explores the consequences of weaker and unsustainable economic growth with inward - looking policies.

For instance, in response to economic arguments opposing climate change legislation, proponents of climate change action usually argue that climate change policies will create jobs or are necessary to develop new energy technologies that are vital to the health of the US economy in the future.