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...idea that new technology can get us out of the climate fix that old technology put us in is an attractive one - especially if we can make a buck while doing so. Venture capitalists invested $3 billion in clean tech in 2007, according to Dow Jones VentureSource, and they'd like a nice return. (But at least the VCs are spending money - federal investment in renewable energy research is a paltry $1 billion, or roughly a day of revenue for Exxon Mobil.) But there's no reason that business can't be a major part of the climate change solution...

Author: /time Magazine | Title: Environmentalism 2.0 | 3/14/2008 | See Source »

...ECONOMY 63,000 Net number of U.S. jobs lost in February, the biggest decline in four years, after economists predicted a gain of 25,000 $200 billion Amount the U.S. Federal Reserve pledged to inject into the banking system, prompting a March 11 market rally that saw the Dow Jones industrial average surge 417 points - its biggest one-day gain in five years...

Author: /time Magazine | Title: Verbatim | 3/13/2008 | See Source »

...billion Amount the U.S. Federal Reserve pledged to inject into the banking system, prompting a March 11 market rally that saw the Dow Jones industrial average surge 417 points--its biggest one-day gain in five years...

Author: /time Magazine | Title: Numbers | 3/13/2008 | See Source »

March Madness, that postseason basketball binge of million-dollar sponsorships under the guise of amateur athletics, is upon us once again. The players at Caltech, who compete in the NCAA's Division III, its lowest rung, will never get an invite to that party. Playoffs? Caltech coach Roy Dow is looking for kids who can hang on to the ball. The team just finished 1-24 and, for the 23rd straight season, failed to win a game in the Southern California Intercollegiate Athletic Conference. The legendary science-and-engineering school may have 31 Nobel Prize winners to its name...

Author: /time Magazine | Title: Postcard: Pasadena | 2/29/2008 | See Source »

Will Caltech ever shine on the court? Dow is a committed coach. He just wishes the administration would show more support for sports. "The school strives for excellence in so many endeavors," he says. "Why should this other experience be so poor?" At other Division III schools, coaches and admissions officers often work together to identify potential players and set aside spots for a few who may not qualify academically for the school. Dow says he has a "nonexistent" relationship with the Caltech admissions office. "People here aren't comfortable with any guarantees," says Caltech admissions director Rick Bischoff...

Author: /time Magazine | Title: Postcard: Pasadena | 2/29/2008 | See Source »

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