American Council For Capital Formation
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American Council For Capital Formation
The American Council for Capital Formation (ACCF) is an American think tank founded in 1975 by Charls Walker. It is located on the District of Columbia's Connecticut Avenue. Mark Bloomfeld serves as its president and Pinar Cebi Wilber serves as its executive vice president and chief economist. The group lobbied for the Revenue Act of 1978, which cut capital gains taxes. The council supports ending the ban on crude oil exports and a flexible approach to the regulation of greenhouse gases. The council describes itself as nonpartisan, while journalists generally describe its positions as "free market"Henry, Devin"Anti-ethanol group expands national ad buy."''The Hill''. November 10, 2015. or "pro-business."DeMarban, Alex"Think tank: State needs to support Alaska LNG, drop stand-alone pipeline" ''Alaska Dispatch News''. August 12, 2015. History The council was founded in 1975 as the American Council on Capital Gains and Estate Taxation. Charls Walker founded the council and acted as ...
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Charls Walker
Charls Edward Walker (December 24, 1923 – June 2, 2015) was Under Secretary of the United States Department of the Treasury from 1969 to 1972, and Deputy Secretary of the Treasury in 1973 under John Connally. Personal life, education, and early career Walker was born in Graham, Texas. Walker married Harmolyn Hart in 1949. He received his bachelors and MBA degrees from the University of Texas at Austin. He received a Ph.D. in economics from the Wharton School of the University of Pennsylvania in 1955. He then was a professor for a time at the University of Texas at Austin. He then worked as an economist with the Federal Reserve Bank of Philadelphia and as an executive with Republic National Bank of Dallas. In 1961 he became Executive Vice President of the American Bankers Association, a position he retained until 1969. Walker died of heart disease on June 2, 2015 at the age of 91 in Rockville, Maryland. Lobbying and political consulting After leaving the Nixon administration Wal ...
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United States House Of Representatives
The United States House of Representatives, often referred to as the House of Representatives, the U.S. House, or simply the House, is the Lower house, lower chamber of the United States Congress, with the United States Senate, Senate being the Upper house, upper chamber. Together they comprise the national Bicameralism, bicameral legislature of the United States. The House's composition was established by Article One of the United States Constitution. The House is composed of representatives who, pursuant to the Uniform Congressional District Act, sit in single member List of United States congressional districts, congressional districts allocated to each U.S. state, state on a basis of population as measured by the United States Census, with each district having one representative, provided that each state is entitled to at least one. Since its inception in 1789, all representatives have been directly elected, although universal suffrage did not come to effect until after ...
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United States Deputy Secretary Of The Treasury
The United States Deputy Secretary of the Treasury, in the United States government, advises and assists the Secretary of the Treasury in the supervision and direction of the Department of the Treasury and its activities, and succeeds the Secretary in the secretary's absence, sickness, or unavailability. The Deputy Secretary plays a primary role in the formulation and execution of Treasury policies and programs in all aspects of the Department's activities. In addition, the Deputy Secretary is the only official other than the secretary who can sign a Treasury order, which is a document that delegates authority residing in the secretary or Deputy Secretary to another Treasury official, establishes Treasury policy, and establishes the reporting relationships and supervision of officials. Former deputy secretaries include Roger Altman, Lawrence Summers, Stuart E. Eizenstat, Kenneth W. Dam, and Samuel Bodman. The office of Deputy Secretary is the successor of the "Under Secretary ...
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Securities And Exchange Commission
The U.S. Securities and Exchange Commission (SEC) is an independent agency of the United States federal government, created in the aftermath of the Wall Street Crash of 1929. The primary purpose of the SEC is to enforce the law against market manipulation. In addition to the Securities Exchange Act of 1934, which created it, the SEC enforces the Securities Act of 1933, the Trust Indenture Act of 1939, the Investment Company Act of 1940, the Investment Advisers Act of 1940, the Sarbanes–Oxley Act of 2002, and other statutes. The SEC was created by Section 4 of the Securities Exchange Act of 1934 (now codified as and commonly referred to as the Exchange Act or the 1934 Act). Overview The SEC has a three-part mission: to protect investors; maintain fair, orderly, and efficient markets; and facilitate capital formation. To achieve its mandate, the SEC enforces the statutory requirement that public companies and other regulated companies submit quarterly and annual re ...
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Proxy Firm
A proxy firm (also a proxy advisor, proxy adviser, proxy voting agency, vote service provider or shareholder voting research provider) provides services to shareholders (in most cases an institutional investor of some type) to vote their shares at shareholder meetings of, usually, listed companies. The typical services provided include agenda translation, provision of vote management software, voting policy development, company research, and vote administration including vote execution. According to their websites, not all firms provide voting recommendations and those that do may simply execute client voting instructions. The votes executed are called "Proxy Votes" because the shareholder usually does not attend the meeting and instead sends instructions - a proxy appointment - for a third party, usually the chairman of the meeting to vote shares in accordance with the instructions given on the voting card. Industry regulation On July 22, 2020 the SEC voted to effectively begin re ...
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Fossil Fuels
A fossil fuel is a hydrocarbon-containing material formed naturally in the Earth's crust from the remains of dead plants and animals that is extracted and burned as a fuel. The main fossil fuels are coal, oil, and natural gas. Fossil fuels may be burned to provide heat for use directly (such as for cooking or heating), to power engines (such as internal combustion engines in motor vehicles), or to generate electricity. Some fossil fuels are refined into derivatives such as kerosene, gasoline and propane before burning. The origin of fossil fuels is the anaerobic decomposition of buried dead organisms, containing organic molecules created by photosynthesis. The conversion from these materials to high-carbon fossil fuels typically require a geological process of millions of years. In 2019, 84% of primary energy consumption in the world and 64% of its electricity was from fossil fuels. The large-scale burning of fossil fuels causes serious environmental damage. Over 80% of ...
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Ethanol
Ethanol (abbr. EtOH; also called ethyl alcohol, grain alcohol, drinking alcohol, or simply alcohol) is an organic compound. It is an Alcohol (chemistry), alcohol with the chemical formula . Its formula can be also written as or (an ethyl group linked to a hydroxyl group). Ethanol is a Volatility (chemistry), volatile, Combustibility and flammability, flammable, colorless liquid with a characteristic wine-like odor and pungent taste. It is a psychoactive recreational drug, the active ingredient in alcoholic drinks. Ethanol is naturally produced by the fermentation process of Carbohydrate, sugars by yeasts or via Petrochemistry, petrochemical processes such as ethylene hydration. It has medical applications as an antiseptic and disinfectant. It is used as a chemical solvent and in the Chemical synthesis, synthesis of organic compounds, and as a Alcohol fuel, fuel source. Ethanol also can be dehydrated to make ethylene, an important chemical feedstock. As of 2006, world produ ...
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Environmental Protection Agency
A biophysical environment is a biotic and abiotic surrounding of an organism or population, and consequently includes the factors that have an influence in their survival, development, and evolution. A biophysical environment can vary in scale from microscopic to global in extent. It can also be subdivided according to its attributes. Examples include the marine environment, the atmospheric environment and the terrestrial environment. The number of biophysical environments is countless, given that each living organism has its own environment. The term ''environment'' can refer to a singular global environment in relation to humanity, or a local biophysical environment, e.g. the UK's Environment Agency. Life-environment interaction All life that has survived must have adapted to the conditions of its environment. Temperature, light, humidity, soil nutrients, etc., all influence the species within an environment. However, life in turn modifies, in various forms, its conditions. ...
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Supreme Court Of The United States
The Supreme Court of the United States (SCOTUS) is the highest court in the federal judiciary of the United States. It has ultimate appellate jurisdiction over all U.S. federal court cases, and over state court cases that involve a point of federal law. It also has original jurisdiction over a narrow range of cases, specifically "all Cases affecting Ambassadors, other public Ministers and Consuls, and those in which a State shall be Party." The court holds the power of judicial review, the ability to invalidate a statute for violating a provision of the Constitution. It is also able to strike down presidential directives for violating either the Constitution or statutory law. However, it may act only within the context of a case in an area of law over which it has jurisdiction. The court may decide cases having political overtones, but has ruled that it does not have power to decide non-justiciable political questions. Established by Article Three of the United States ...
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Energy Tax Prevention Act
Energy Tax Prevention Act, also known as H.R. 910, was a 2011 bill in the United States House of Representatives to prohibit the United States Environmental Protection Agency (EPA) from regulating greenhouse gases to address climate change. On April 7, 2011, the bill passed the House by a vote of 255 to 172. The bill died in January 2013 with the ending of the Congressional session. The House vote on the Energy Tax Prevention Act of 2011 was one of five key votes on climate in the House, and one of ten in Congress, from the period 2003 through 2011, according to the Union of Concerned Scientists and the League of Conservation Voters. Context In 2003, the United States Environmental Protection Agency (EPA) determined that the EPA lacked authority under the Clean Air Act (CAA) to regulate carbon dioxide and other greenhouse gases to address climate change. Twelve US states as well as US territories, major cities, environmental groups, and others petitioned in federal court to ...
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Global Warming
In common usage, climate change describes global warming—the ongoing increase in global average temperature—and its effects on Earth's climate system. Climate change in a broader sense also includes previous long-term changes to Earth's climate. The current rise in global average temperature is more rapid than previous changes, and is primarily caused by humans burning fossil fuels. Fossil fuel use, deforestation, and some agricultural and industrial practices increase greenhouse gases, notably carbon dioxide and methane. Greenhouse gases absorb some of the heat that the Earth radiates after it warms from sunlight. Larger amounts of these gases trap more heat in Earth's lower atmosphere, causing global warming. Due to climate change, deserts are expanding, while heat waves and wildfires are becoming more common. Increased warming in the Arctic has contributed to melting permafrost, glacial retreat and sea ice loss. Higher temperatures are also causing m ...
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Cory Gardner
Cory Scott Gardner (born August 22, 1974) is an American attorney, lobbyist, and politician who served as a United States senator from Colorado from 2015 to 2021. A Republican, he was the U.S. representative for Colorado's 4th congressional district from 2011 to 2015 and a member of the Colorado House of Representatives from 2005 to 2011. Gardner defeated Democratic incumbent Mark Udall in the 2014 Senate race. Gardner was chair of the National Republican Senatorial Committee from 2017 to 2019. After the 2018 midterm elections, he and University of Colorado Regent Heidi Ganahl became the only Republicans to hold statewide elected office in Colorado. Gardner announced in 2019 he would run for re-election for a second term, but lost his 2020 reelection bid to former Governor John Hickenlooper by just over 9 percentage points. After leaving the Senate, Gardner joined lobbying firm Michael Best Strategies, and has remained active in fundraising for Republican candidates. Early l ...
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