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...member PERAB, which meets by conference call most Fridays, is best known for its leader, former Federal Reserve Chairman Paul Volcker, who has persuaded Obama to take a more aggressive approach to banking regulation. But it also includes several executives whose firms stand to benefit from more federal funding of green technology - people like General Electric's Jeffrey Immelt and Caterpillar's James Owens, both of whom supported John McCain. Doerr took the lead on the group's energy subcommittee, drafting a 2009 memo that called for increasing fees on carbon pollution and changing rules to encourage electric utilities...

Author: /time Magazine | Title: How Fundraising Helped Shape Obama's Green Agenda | 3/15/2010 | See Source »

...Plan Home Star was born last fall. After the recession appeared to hit bottom during the summer, White House officials dodged questions about whether a second stimulus effort would be needed to combat deepening unemployment. But behind the scenes, the call for more job-creating ideas had already gone out to the PERAB. In response, Doerr asked a young San Francisco entrepreneur, Matt Golden, to begin working with a Massachusetts-based energy-efficiency specialist, Stephen Cowell, on a multibillion-dollar plan under which Washington would offer tax breaks for all kinds of consumer purchases and home improvements that reduce energy...

Author: /time Magazine | Title: How Fundraising Helped Shape Obama's Green Agenda | 3/15/2010 | See Source »

...protesters had been marching since early morning from the old quarter of Bangkok several miles away, where some 100,000 of them had gathered Sunday evening to demand Abhisit call a new election. As they marched, they were cheered on by workers who migrated to Bangkok from rural areas, and ignored or looked at with disdain by middle-class residents of the capital who fear a repeat of the violence the demonstrators wrought during a similar protest last April...

Author: /time Magazine | Title: Amid Massive Protests, Thai PM Won't Step Down | 3/15/2010 | See Source »

...last years of his life, Kapuscinski himself openly acknowledged that his work was not straight news reporting. "I aim to create such a way of writing which is not possible to categorize and which I call for my own use 'a new text,' " he said in an interview with Poland's Dziennik newspaper. "I simply want to write a text, which to my best conviction and experience is the closest and most faithful to what surrounds me. It is an experiment, and I do not care what category it will fall into." For his many fans, it may not matter...

Author: /time Magazine | Title: Did a Polish Journalist Mix Fact with Fantasy? | 3/15/2010 | See Source »

...Weisner, spokesman for the Catholic reform group We Are Church. "Many Catholics in Germany had hoped that the Pope would have expressed a word of personal sympathy for the victims of abuse," he said. Indeed, on the Good Friday before Ratzinger became Pope in 2005, he issued a resounding call for reform in the church, saying, "How much filth there is in the church, and even among those ... in the priesthood" - widely believed to have been a reference to the abuse scandals affecting the church's standing in North America and other parts of the world. The church's reputation...

Author: /time Magazine | Title: German Priests' Sex Abuse Scandalizes Church | 3/15/2010 | See Source »

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