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...business isn't anywhere near fast enough to meet the challenge posed by climate change, dwindling resources and myriad other environmental problems. Makower notes that carbon intensity - the amount of greenhouse gases emitted per unit of GDP - decreased by 0.6% in 2008, the smallest decrease since 2002. (The faster carbon intensity decreases, the more output businesses get for their carbon.) The failure of green business so far to produce a Google-like success story - a company that crushes in the stock market - hasn't helped either. "We're not moving the needle fast enough when it comes to climate, toxicity...

Author: /time Magazine | Title: Being Green May Help Business in Bad Times | 2/11/2009 | See Source »

...decade after 3G services were first introduced elsewhere in the world, the Chinese government, which maintains tight control over the country's telecommunications networks, announced on Jan. 7 that China was finally ready to join the party. And despite its late arrival, the debut of 3G, which allows much faster data-transmission speeds and services like Web-surfing and video-streaming, promises to be quite a blowout. Government and private-sector estimates put total probable expenditure on 3G in China - whose 630 million users make up the world's largest group of mobile subscribers - at a whopping $59 billion over...

Author: /time Magazine | Title: Booster Shot | 2/11/2009 | See Source »

...more time for the development of China's own 3G technology to compete with established high-speed standards - means that tens of billions of dollars may be spent on networks that will be outdated within a few years when countries such as Japan are set to begin rolling out faster 4G services. "The life of 3G is almost over," Professor Kan Kaili of the Beijing University of Posts and Telecommunications told reporters when the licenses were announced. "There is no point in China getting on the last train to leave the station...

Author: /time Magazine | Title: Booster Shot | 2/11/2009 | See Source »

Filmgoers have always loved a good redemption tale. Few things fill cinema seats faster than when the wooden puppet turns into a real boy, the quarreling couple falls in love or the plucky underdog becomes the hero. Which made it all the more poignant when, on Sunday night, a film about a young Indian boy's unlikely rise from slum dweller to millionaire received top prize at an awards show that, after so many years of being underappreciated, has finally come into...

Author: /time Magazine | Title: And the British Oscars Go To... The Brits! | 2/9/2009 | See Source »

Another problem is land invasions by local farmers who chop down cacao to plant faster-yielding banana trees. "They destroy the forest forever," Rosenberg complains, pointing to a hole in one of his plantation's barbed-wire fences. Jorge Redmond, president of Chocolates El Rey, a Venezuelan company that has been processing premium cacao since 1929, says El Rey saw almost 865 acres (350 hectares) decimated recently when 40 families invaded. "A 10-year effort was destroyed in days," he says. "We were able to produce one batch of San Joaquin Private Reserve chocolate before this happened, but we will...

Author: /time Magazine | Title: Postcard from Choroní: The World's Best Chocolate | 2/5/2009 | See Source »

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