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...Opponents, of course, say this is a Bush-donor giveaway, and some additional tax credits for alternative energy sources - from solar and wind down to coal and nuclear - won't insulate him from that criticism. In fact, critics may have some reluctant support from Bush himself as he tries to sell a for-the-people tax-cut plan without loading it down with "goodies." Some taxpayer groups estimate the bill would cost at least $21 billion in subsidies and tax breaks to energy companies...

Author: /time Magazine | Title: The GOP Energy Policy Is Here... | 2/27/2001 | See Source »

...rates, Maharashtra wasn't prepared for the electricity itself when it came down the wires. Because of institutionalized subsidies, only 10% of the power consumers in the state pay a market rate. Add in the higher cost of Dabhol's electricity, produced from gas rather than the cheap, local coal usually used by Indian power stations, and it was a formula for bankruptcy. "Since this power is so expensive," says Vinay Bansal, chairman of the Electricity Board, "the more we buy, the more we lose...

Author: /time Magazine | Title: Bright Lights, Big Bill | 2/26/2001 | See Source »

...sign that she was at odds with Tung, over, among other things, the pace of the terri-tory's democratic development. Chan has described herself as a symbol of the terri-tory's independence, inviting journalists to view her as the canary in Hong Kong's political coal mine. Her departure, therefore, is a signal that all is not well. Chan's resignation marks the beginning of Hong Kong's "second transition," according to William Overholt, an executive director of Nomura International in Hong Kong...

Author: /time Magazine | Title: Litmus Test | 2/19/2001 | See Source »

Others argue that even if the couple didn't know how deadly the dogs were, they still bear responsibility. "They took dogs bred for controlling cattle and pulling coal carts and put them in this small apartment," says Kenneth Phillips, California's leading dog-bite lawyer. "In my opinion that's negligence right there." (The dogs' previous owner told the San Francisco Chronicle that they killed her sheep, chickens and family cat.) Meanwhile, the people of Pacific Heights--many of whom say they lived in terror of the dogs--have another question to ponder. During the attack Whipple reportedly screamed...

Author: /time Magazine | Title: Terror on a Leash | 2/12/2001 | See Source »

...think" all the time. Divine says she would give the book to a friend but would tell her, "You may not want all of this, but there's some valuable stuff here." It may be tougher for the rest of us to find the diamonds amid all the coal...

Author: /time Magazine | Title: I Surrender, Dear | 1/22/2001 | See Source »

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