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...began a determined program of subsidies and loan guarantees to build up its nascent wind industry. Copenhagen covered 30% of investment costs, and guaranteed loans for large turbine exporters such as Vestas. It also mandated that utilities purchase wind energy at a preferential price - thus guaranteeing investors a customer base. Energy taxes were channeled into research centers, where engineers crafted designs that would eventually produce cutting-edge giants like Vestas' 3-megawatt (MW) V90 turbine. (Read TIME's "Heroes of the Environment...

Author: /time Magazine | Title: Denmark's Wind of Change | 2/25/2009 | See Source »

...Popular Front for the Liberation of Palestine, whose home in Nahr al-Bared was hit by some 20 rockets and artillery shells last summer. Other wild-eyed residents claim that the bombardment of the camp was part of a secret plan to clear the space for an American base. The children at one kindergarten act out the searing memories of being forced from their refugee camp during the fighting by shouting at each other. "Where is your ID?" one demands. "You don't have permission!" another says. They form little checkpoints in the playground. In class, they draw pictures...

Author: /time Magazine | Title: Palestinians in Lebanon: A Forgotten People | 2/25/2009 | See Source »

...made clear in an exchange on Monday with his former rival, Republican Senator John McCain, that he finds his aging fleet of Marine One "white-tops" perfectly adequate. Many of the trips they take are short hops, like the 10 minutes between the White House and Andrews Air Force Base. "It is an example of the procurement process gone amok," Obama said after McCain queried him about the new helicopters ("I didn't have as much interest in the presidential helicopter," McCain noted on Tuesday, "as I had several months...

Author: /time Magazine | Title: How the White House Choppers Spiraled Out of Control | 2/25/2009 | See Source »

...billion in market cap. Bank of America has lost $200 billion. Since GE's financial services business is not the majority of its revenue, the destruction of it market value seems extreme. Balance sheet jockeys would say that the trouble the market fears is hidden within GE's asset base and will jump out to eviscerate earnings soon. So far there is no sign that GE will implode because of the state of its financial services receivables or its debt...

Author: /time Magazine | Title: In Defense of General Electric | 2/24/2009 | See Source »

...Foxx stands out as a Harvard band with bigger plans. Described by guitarist John J. “Jay” Costa, Jr. ’09 as “rock with folk and jazz pretty heavily intertwined,” the quartet has garnered a solid fan base of Harvard students and Bostonians alike. Costa and vocalist R. Derek Wetzel ’10 started jamming together while attending Boston College High School. The duo continued their artistic pursuits at Harvard, and were eventually joined by drummer Peter Simonelli, a student at the Art Institute of Boston...

Author: By Catherine J. Zielinski, CRIMSON STAFF WRITER | Title: Marching to their own beat | 2/24/2009 | See Source »

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