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...think the specific content mattered all that much. It would be better to do something "sensible" with the money, he wrote in the 1930s. But the economy would still be helped if government simply chose to "fill old bottles with banknotes, bury them at suitable depths in disused coal mines, which are then filled up to the surface with town rubbish, and leave it to private enterprise on well-tried principles of laissez-faire to dig the notes up again." So far, bottle-burying isn't an element of the Obama stimulus plan. But just wait till next week...

Author: /time Magazine | Title: Will Obama's Stimulus Package Work? | 1/9/2009 | See Source »

...exported e-waste ends up in Guiyu, China, a recycling hub where peasants heat circuit boards over coal fires to recover lead, while others use acid to burn off bits of gold. According to reports from nearby Shantou University, Guiyu has the highest level of cancer-causing dioxins in the world and elevated rates of miscarriages. "You see women sitting by the fireplace burning laptop adapters, with rivers of ash pouring out of houses," says Jim Puckett, founder of Basel Action Network (BAN), an e-waste watchdog. "We're dumping on the rest of the world...

Author: /time Magazine | Title: E-Waste Not | 1/8/2009 | See Source »

...total, Bush has protected an oceanic area larger than Texas, a rare act worthy of praise in an administration with a dismal record of environmental stewardship—from refusing to sign the Kyoto Protocol to recently pushing through midnight regulations that allow coal-power plants to be built nearer to national parks. While it may be true that Bush “has done more to protect unique areas of the world’s oceans than any other person in history” as Joshua Reichert, managing director of the Pew Environmental Group, told the New York Times...

Author: By Steven T. Cupps | Title: No Reef is an Island | 1/8/2009 | See Source »

...borrowing against future user fees, like tolls on roads and higher electricity rates for more reliable and cleaner power, rather than against general government revenues. This strategy can probably cover as much as 1% of GDP per year. We can introduce new taxes on the carbon emissions from coal, oil and gas to hasten our transition to sustainable energy. For example, instead of letting gasoline prices tumble now only to see them soar again shortly, we could set a floor on prices at the pump and collect the difference between the wholesale and retail prices in federal revenues. Various carbon...

Author: /time Magazine | Title: The Case for Bigger Government | 1/8/2009 | See Source »

...deer-hunting fraternity. "You can't defend those actions," says Gary Joyner, a spokesman for the Texas Wildlife Association, a group of landowners dedicated to "legal, fair chase hunting" and "stewardship of the land." In Texas the white-tail deer are something of a canary in a coal mine - and a good habitat for the deer is also conducive to songbirds and other native species, says Tom Harvey, a spokesman for the Texas Parks and Wildlife Department, which monitors populations and places regional bag limits on the number and age of the deer taken in an attempt to keep native...

Author: /time Magazine | Title: Why Are Deer Being Smuggled into Texas? | 1/7/2009 | See Source »

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