Tag Archives | Fresh Air

China’s Elite Uses Air Purification Systems And Giant Domes To Retreat From Toxic Urban Air

giant domesIs life in some of our planet’s main cities beginning to resemble life on the moon? The New York Times reports:

Levels of deadly pollutants up to 40 times the recommended exposure limit in Beijing and other cities have struck fear into parents and led them to take steps that are radically altering the nature of urban life for their children.

Parents are confining sons and daughters to their homes, even if it means keeping them away from friends. Schools are canceling outdoor activities and field trips. Parents with means are choosing schools based on air-filtration systems, and some international schools have built gigantic, futuristic-looking domes over sports fields to ensure healthy breathing.

Face masks are now part of the urban dress code. Parents have scrambled to buy air purifiers. IQAir, a Swiss company, makes purifiers that cost up to $3,000 here and are displayed in shiny showrooms.

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Chinese Billionaire Sells Line Of Canned Fresh Air

Has the final step in the marketization of everything been reached? Oddity Central on selling bottled fresh air as a luxury item to residents of urban and industrial areas:

It’s no secret China has a huge air pollution problem. Chen Guangbiao, a famous Chinese businessman and philanthropist, has recently launched a line of canned fresh air collected from various parts of China and Taiwan. The product is called “Chen Guangbiao: Nice Guy” and sells for about $0.80.

He has recently started selling canned fresh air collected from “revolutionary” areas of China, including Jinggang Mountain in Jiangxi Province and some ethnic minority areas and Taiwan. ”One only has to open the can, directly ‘drink’ it or put the nose close to the can to breath deeply,” Chen said.Before the big launch of ”Chen Guangbiao: Nice Guy” canned air, Brother Biao said he was confident of its success, because there are lots of people in big cities inhaling air mixed with vehicle exhaust every day who are dying for a breath of fresh air.

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How Multinational Companies Benefit From Offshore Tax Havens

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NPR‘s daily show, Fresh Air,  Jesse Drucker from Bloomber News engaged in an interesting discussion yesterday about the multinational companies that save billions in taxes by using other countries with lower corporate income tax. What does this mean for the country’s economy, both that of the US and the offshore tax havens? From WHYY on NPR:

The top corporate income tax level in the United States is 35 percent. In the United Kingdom, it’s 28 percent. But in Ireland, it’s only 12.5 percent, and in Bermuda there’s no corporate income tax at all. That means multinational companies that shift their earnings through Ireland or Bermuda can save billions of dollars in taxes each year.

On today’s Fresh Air, Bloomberg News reporter Jesse Drucker, who has written extensively about corporate tax-dodging, explains how companies like Google, Pfizer, Lilly, Oracle, Facebook and Microsoft have managed to reduce their tax rates by hundreds of millions — and in some cases, billions — of dollars by taking advantage of offshore tax havens.

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