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Germany isn't the sunniest place on earth, but its solar-energy industry is bright. It's a textbook case of government creating an industry through regulation and subsidies. Thanks to a law passed in 2000 and amended in 2003, solar-energy producers command a high price for the electricity they generate, a rate good for 20 years. Can solar become competitive without the government crutch? The case is still open...

Author: /time Magazine | Title: Economic Development: The Future Is Bright | 10/23/2006 | See Source »

...drought has tumbled back into the minds of city dwellers. All sorts of trip wires have been activated in a matter of days. Parched, cracked earth and blue sky stretch across the front pages of the nation's newspapers. Canberra is issuing a burst of agricultural terms-relief package, subsidies, exceptional circumstances and "our farmers." "It is part of the psyche of this country, it is part of the essence of Australia, to have a rural community," Howard said last week after announcing an extension of drought support to farmers. "We would lose something of our identification as Australians...

Author: /time Magazine | Title: Farmers Get Hooked on the Dollar Drip | 10/23/2006 | See Source »

...American politics, was all about what the Bush Administration has become. The President chose to campaign for two of the more skeevy candidates offered by the Republicans this year, the adulterous Pennsylvania Congressman Don Sherwood and the macaca-stained Virginia Senator George Allen. One might legitimately ask, Why on earth would he do that? The answer, I suspect, is twofold. Bush, ever antsy, was desperate to campaign somewhere, hoping to replicate his stunning late-campaign successes on the stump in 2002 and 2004. But there aren't too many Republicans in the really hot races-that is, races that will...

Author: /time Magazine | Title: If You Break it, You Pay For It, Mr. President | 10/22/2006 | See Source »

Some places on earth are simply too big to photograph: the Grand Canyon, the Great Wall, Egypt's Valley of the Kings. Those monuments don't fit in any frame; they were made--by God or man--to overwhelm. You can visit them, snap some shots, but something is missing when you get back home. So how do you capture a country with 300 million independently minded and moving pieces? Who would even...

Author: /time Magazine | Title: An In-Depth View of America by the Numbers | 10/22/2006 | See Source »

...WITH KARL ROVE AS GOLLUM Senator Rick Santorum compares Iraq to the battle for Middle-earth in Tolkien's Lord of the Rings, noting that "as the hobbits are going up Mount Doom, the Eye of Mordor is being drawn somewhere else...I want to keep it on Iraq. I don't want the Eye to come back here to the U.S." Hey, it's better than comparing Iraq to Vietnam! At least the hobbits...

Author: /time Magazine | Title: The Ana Log: Oct. 30, 2006 | 10/22/2006 | See Source »

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