Word: fuel
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...estate plus the cost of disease outbreaks and natural disasters associated with rising sea levels. The melt, he says, is already adding extra heat at an annual rate of 3 billion tons of CO2 - the equivalent of 500 coal-powered plants, or more than 40% of all U.S. fossil fuel emissions - and this is expected to more than double by the end of the century. (See the top 10 green ideas...
...nuclear program, or will pursue one with its own nuclear reactors, or will get them through an alliance with Pakistan. Egypt says they might withdraw from Non-Proliferation Treaty. In Syria, there's still a sense that they haven't abandoned their ambition. And even Turkey says they want fuel cycle facilities [the ability to enrich uranium], and they've opposed bans on fuel cycles in the nuke-suppliers group...
...President Clinton decided right out of the gate to take on the polarizing issue of gays in the military, creating the widely unpopular "Don't ask, don't tell" policy. He also forced through the House an energy tax, known as the BTU tax, that would have charged all fuel sources based on their heat content; the measure failed in the Senate, and many vulnerable House Dems blamed that vote for the loss of their seats. And, of course, Clinton's attempt at health care reform tanked just before the 1994 elections. (See a brief history of gays...
...fiscal deficits of the PIIGS are among the highest in Euroland. Their unit-labor costs have risen faster than anywhere else. So their exports can't compete; hence they run some of the largest current-account deficits. What do you do when you shovel coal and run out of fuel? You borrow - as the PIIGS have done. The markets have cast their verdict on that. Now, Greece has to borrow at twice the interest rate that German bonds fetch...
...move was prime Obama, splitting the differences on a problem that has divided the U.S. right down the middle. Conservatives have long called for opening new territory to fossil-fuel exploration, while environmentalists have opposed it on the grounds that nature must be protected. "We need to move beyond the tired debates of the left and the right, between business leaders and environmentalists, between those who would claim drilling is a cure-all and those who claim it has no place," Obama said in a speech at Andrews Air Force Base in Washington. "This issue is just too important...