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...Centre for European Policy Studies in Brussels. He points to recent German government tax-incentive plans to spur consumption of cleaner cars and green appliances. And he says climate change could become a primary revenue source through emission permits. "If emissions rights are auctioned, governments will be able to collect at least €30 billion ($38.9 billion) annually from 2012 onwards," Egenhofer says. "By 2020, it could reach up to €90 billion ($116.8 billion) annually...

Author: /time Magazine | Title: Is Europe Getting Cold Feet on Climate Change? | 12/10/2008 | See Source »

Gettelfinger also said while he was concerned about the impact of the end of the jobs bank, where workers on long-term layoff basically collect almost all of their wages while not working. The jobs bank had become a hot-button issue that was impeding the domestic carmakers' efforts to obtain federal assistance before the end of the year. Fewer than 4,000 workers at the three companies now collect wages through the jobs bank, which applies only after the workers have been on indefinite layoff for more than 48 weeks...

Author: /time Magazine | Title: UAW agrees to Concessions With Automakers | 12/3/2008 | See Source »

...said that the American financial system is especially vulnerable to a type of cyber-terrorism he referred to as “data destruction.” Part of the government’s plan to meet growing security challenges must include increased cooperation between different agencies that collect intelligence, McConnell said. “It is large: we are 100,000 people. It is global: we spend in the neighborhood of $48 billion a year,” McConnell said of the intelligence community, which includes entities like the intelligence-gathering agencies of the military, the Central Intelligence Agency...

Author: By Emily J. Hogan, CONTRIBUTING WRITER | Title: Security Chief Talks Terror | 12/3/2008 | See Source »

Beginning the first week of December, Salvation Army bell ringers will set up red kettles on street corners and in malls across the country, hoping to collect more than $100 million in coins and small bills. It's an old-school way of raising money and the Army knows it, so this year, the charity is supplementing its famous Red Kettle Campaign with a Twitter feed, a Facebook widget, and a cell phone text message donation program in addition to its recently introduced online kettle program. The Army, short on volunteer bell ringers, even pays some people to coax passersby...

Author: /time Magazine | Title: The Salvation Army | 12/2/2008 | See Source »

...While the rest of his fellow Yale alums enjoyed high-profile jobs and piles of cash ("It was the nineties, dammit, and they were getting rich. Just like everybody else"), MacDonald did his best to shirk responsibility - including his tax-paying duties. After several IRS agents came calling to collect nearly $2,000 in back taxes, MacDonald began to ponder questions like, "In basic animal terms, what does it take for a human being to survive? Maybe I didn't need to swallow up half of the Rolling Rock and Ecstasy for sale in central Maryland. Maybe I didn...

Author: /time Magazine | Title: A Story of Self-Induced Starvation | 11/28/2008 | See Source »

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