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...difficulty surpassing its 15 percent renewable energy target by 2020, and will end up closer to 18 percent—between three and six percent more than the U.S. To give just one example, the so-called "Three Gorges of Wind" project—named after the Three Gorges Dam, the world's largest—aims to produce 20 gigawatts of electricity by 2020, and is merely one of six similarly-sized projects currently in development. To give you a sense of how big that is, the entire U.S. today has 29 gigawatts of installed wind power. Oil-tycoon...

Author: By Clay A. Dumas | Title: Falling Behind | 7/27/2009 | See Source »

...flows of capital in and out of the country. This is a step Beijing's economic policymakers remain fearful of taking, since they still feel the need to protect China's developing domestic financial sector from shifts in the global economy. China sees its controlled currency as a "dam surrounding a reservoir, and the government doesn't know what would happen if it blew up the dam," says David Li, an economist at Tsinghua University in Beijing. "Would water flood out because the level inside the dam is higher than outside or would the opposite happen? That's what they...

Author: /time Magazine | Title: China's Plans for Replacing the Dollar | 7/21/2009 | See Source »

...been carried out by a terrorist group but not necessarily a terrorist network that we have known thus far in Indonesia," he said. "I have instructed law enforcers to put on trial whomever is involved in this terrorist action ... regardless of their political status." (See pictures of a deadly dam burst near Jakarta...

Author: /time Magazine | Title: After a Four-Year Calm, Bombs Hit Jakarta Hotels | 7/17/2009 | See Source »

...leaders are expected to protect their own family or clan even at the expense of the state, S.B.Y. didn't stand in the way of the corruption conviction last month of a prominent banker whose daughter is married to the President's own son. (See pictures of a deadly dam burst near Jakarta...

Author: /time Magazine | Title: Indonesia Elections: A Win For Democracy | 7/8/2009 | See Source »

...issue of the voter rolls since day one," candidate Megawati, who currently stands at a distant second with a projected 20% of the vote, recently told foreign journalists. "There is a big chance that there could be a lot of cheating during the elections." (See pictures of a deadly dam burst near Jakarta...

Author: /time Magazine | Title: As Indonesia's Election Day Nears, Complaints of Fraud Grow Louder | 7/5/2009 | See Source »

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