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...owners include Kleiner Perkins Caufield & Byers, one of Silicon Valley's most successful venture-capital firms, whose partners include former Vice President Al Gore. "This investment will create thousands of new American jobs and is another critical step in making sure we are positioned to compete for the clean-energy jobs of the future," said DOE Secretary Steven Chu when he announced the loan to Fisker...

Author: /time Magazine | Title: The U.S. Bets a Billion on New High-Tech Automakers | 10/7/2009 | See Source »

...Tesla are also export-oriented. "We already sell EV components to Daimler, which will soon begin marketing an electric version of its popular and affordable Smart car," says Tesla's O'Connell. Fisker says his company stands to benefit immensely as support from countries around the world for clean vehicles increases. Germany recently unveiled an action plan to have 1 million electric cars on its roads by 2020 and Japan wants electric vehicles to make up half of all vehicle sales within a decade, he notes...

Author: /time Magazine | Title: The U.S. Bets a Billion on New High-Tech Automakers | 10/7/2009 | See Source »

...accept environmentalists’ position. How would their policies affect our standard of living? The American Clean Energy and Security Act of 2009, which the House of Representatives passed in June, requires Americans to lower their carbon dioxide emissions by 83 percent below 2005 levels in 40 years. “That means when you are 61, you will be allowed the average per capita emissions of an American in 1867,” Michaels said. He added that if every country under the Kyoto treaty adopted similar measures, we would prevent just seven percent of the warming that...

Author: By Brian J. Bolduc | Title: Drop the Napkins, Punk! | 10/6/2009 | See Source »

...just finished building a secondary school in Afghanistan—were present at the event. Elizabeth K. Brook ’10, co-director of the organization, said she agreed with Kristof and WuDunn’s emphasis on incremental efforts, explaining that the cost of education and clean water can be covered for a student in their newly-constructed school with just $5 per month...

Author: By Kerry K. Clark, CONTRIBUTING WRITER | Title: Journalists Explore Oppression of Women | 10/6/2009 | See Source »

...They killed the pigs. Let them clean the city...

Author: /time Magazine | Title: Verbatim | 10/5/2009 | See Source »

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