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...plants, sending less traditional pollutants like sulfur dioxide and mercury into the air, the toxic waste that remains behind is only growing. The biggest advantage of coal power has been cost - in most cases, it remains much cheaper than cleaner alternatives like wind, solar or natural gas. But the cheapness of coal depends on the fact that external costs - climate change, or the health impacts of air and water pollution from coal - remain external, paid for not by utilities or coal companies but society as a whole. The coal industry itself estimates that taking better care of fly ash could...

Author: /time Magazine | Title: Exposing the Myth of Clean Coal Power | 1/10/2009 | See Source »

That's not entirely true. As we grapple with global warming, coal can be cheap or it can be (somewhat) clean. But the sea of ash in Tennessee shows it can't both, and that's a reality we need to face as we plot America's energy future...

Author: /time Magazine | Title: Exposing the Myth of Clean Coal Power | 1/10/2009 | See Source »

...keep spending, especially on social programs such as public housing and health. He has also flaunted his petro-wealth over the past few years, by giving money and free oil to allies like Bolivia and Cuba. Such generosity may be unsustainable, as Chávez is discovering. He provided cheap heating oil to poor Americans in New York, Massachusetts and elsewhere until last week, when Venezuela's financial meltdown forced him to scrap the program...

Author: /time Magazine | Title: Oil's Sinking Fortunes | 1/8/2009 | See Source »

...possible we've reached a moment of creative commiseration. A friend in Iowa was invited to a poverty party--"because why should a worldwide recession spoil all our fun!" the invitation said. Guests were told to bring "a dish to share, a (cheap) bottle of wine, a hard-luck story and a devil-may-care attitude." We share casserole experiments: food itself becomes communal, everything in the fridge pitching in. You learn a lot about your neighbors when you carpool, and save...

Author: /time Magazine | Title: The Recession's Big Test | 1/8/2009 | See Source »

...nothing compared with what the iPhone is bound to become. Anyone who thinks it's a cell phone with a college education hasn't been paying attention. The iPhone is the first true mobile computer. Together with the Apple App Store, which has more than 10,000 free and cheap applications for the iPhone and iPod Touch, Apple--that is, Jobs--has built a platform that will generate billions of dollars...

Author: /time Magazine | Title: Can Apple Survive Without Jobs? | 1/8/2009 | See Source »

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