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...critics, the bill does have the backing of dozens of groups, including unions - even steel workers and coal miners - as well as six of the seven largest utilities, the Nuclear Energy Institute and, tacitly, Wall Street, which will benefit from the creation of a massive new energy-trading market. The majority of environmental groups support the bill, including the Natural Resources Defense Council and the League of Conservation Voters, even if some groups feel that the measure is too weak. When Waxman announced the agreement in a press conference Wednesday, about 30 supporters wearing T shirts and carrying placards that...

Author: /time Magazine | Title: Global-Warming's Rough Ride Through Congress | 6/26/2009 | See Source »

...favorable tax regime for the agriculture and related sectors. The wasteful subsidy regime also needs to be overhauled. Fertilizer subsidies mostly benefit rich farmers and lead to gross overuse. "Subsidized electricity for farmers encourages excessive use, both of electricity and groundwater. And because it is mostly generated from coal, it results in a large amount of CO2 emissions," says Gerald C. Nelson, Senior Research Fellow at the International Food Policy Research Institute based in Washington D.C. Dr Rajeswari S. Raina, senior fellow at the Centre for Policy Research in New Delhi, adds that India needs a coherent policy on rainfed...

Author: /time Magazine | Title: The Truant Monsoon: Why India Is Worried | 6/26/2009 | See Source »

...seaside views. (One iconic project on Massachusetts' Cape Cod, called Cape Wind, has been tied up in legal challenges for eight years.) But the greatest obstacle is economic. Though the price of power from wind has dropped in recent years, it's still more expensive than most electricity from coal or natural gas. And while Obama the candidate wanted renewables to reach 25% of the U.S. energy mix by 2025, we're a long way from that goal (less than 3% of our power comes from non-hydro renewables), and there's growing doubt that even Obama's greener policies...

Author: /time Magazine | Title: Can Wind Power Get Up to Speed? | 6/23/2009 | See Source »

...power has achieved greater penetration than in the U.S. But there seems to be little chance of that happening in Washington, in part because the nascent renewable-energy industry lacks lobbying might. "It's hard out there for us," says Duprey. "We're not as well organized as the coal or nuclear industry." Renewables like wind may have science on their side - but that may not matter until they can make their voice heard in Washington...

Author: /time Magazine | Title: Can Wind Power Get Up to Speed? | 6/23/2009 | See Source »

Stock was a dead man. And he didn't even know it yet. Over the next 10 days, I smoked chickens, ducks, brisket, pheasant and, most delectable of all, ribs. I had lungs like a coal miner's but continued to smoke anything I could find. I almost threw my wife's little dog in there...

Author: /time Magazine | Title: King of the Grill | 6/22/2009 | See Source »

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