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Alongside agriculture, steel is arguably the most political of industries in Europe, and it has long been one of its most regulated. Back in the 1950s, the European Union itself was founded on the basis of an official scheme to manage steel and coal output and prices, and when the industry ran into trouble in the 1980s, governments across Europe poured in billions of dollars of state aid in an attempt to keep it alive. But times have changed. State aid is now banned, barring exceptional circumstances. And with the emergence of China, India, Brazil and Russia as fast-growing...

Author: /time Magazine | Title: Nerves Of Steel | 2/5/2006 | See Source »

...professor from Wichita, Kan., wrote, “Mean Miranda, here’s a lump of coal. Mean Mitch, here’s one for you, too, but this one has a jagged edge I hope you snag your finger...

Author: By Kristin E. Blagg, CRIMSON STAFF WRITER | Title: Professors Even the Score with Online Student-Rating Blog | 2/2/2006 | See Source »

...latest mine disasters have focused attention once again on the perils of coal mining--especially the risk of carbon monoxide (CO) poisoning...

Author: /time Magazine | Title: Health: The Monoxide Menace | 1/29/2006 | See Source »

...BILL SO HIGH? Natural gas used to be consumed mainly by firms making chemicals and other industrial goods. But in recent decades, electric companies, under pressure to pollute less, have embraced natural gas, which burns cleaner than coal or oil. Gas consumption by electric utilities has soared 76% since 1989. But unlike oil, easily transported and traded on global markets, gas poses logistical problems. It can't be shipped unless it's cooled and liquefied. For now, 85% of the gas we use is produced domestically. The rest arrives by pipeline from Canada, except for about 1% imported from such...

Author: /time Magazine | Title: The Next Energy Crisis? | 1/15/2006 | See Source »

...Conoco Phillips recently bid $35.6 billion for Burlington Resources, one of the world's largest natural-gas producers. In the contiguous 48 states, easily accessible fields are running full tilt. "We've had great success finding new reserves, but these are unconventional sources--low-permeability gas sands, shale gas, coal-bed methane," says Peter Dea, CEO of Western Gas Resources, a Denver-based gas producer. Longer term, more supplies are on the way. The U.S. Interior Department last week opened for exploration 389,000 acres of Alaskan tundra and shoreline, which officials estimate may contain 3.5 trillion...

Author: /time Magazine | Title: The Next Energy Crisis? | 1/15/2006 | See Source »

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