Word: green
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...carbon cap-and-trade system, similar to that in place in Europe, and Barack Obama has pledged to invest $150 billion in clean tech over 10 years if he's elected President. The recent economic bailout leaves the next Administration with less to spend, but Obama at least thinks green investment will create new industries and jobs that can't be outsourced. He told TIME's Joe Klein that energy will be his No. 1 priority if he enters office, and Obama's energy adviser, Jason Grumet, has said that if Congress fails to pass a national cap-and-trade...
...global recession will clearly take some air out of the green-investment bubble. FPL Group, the largest operator of wind power in the U.S., just announced that it would cut back on new turbines, while Germany's Schott Solar, one of the oldest solar-power companies in the world, pulled out of a planned $900 million initial public offering. But popping the bubble might not be a bad thing if the tougher economy forces the clean-tech industry to make better use of its resources. It may emerge even stronger from the crisis. "Change is good for start...
...From the green perspective, the Bush Administration has been an unmitigated disaster, with sins of omission (the failure to do anything significant on climate change) and commission (stealthy attempts to weaken environmental protections such as the Endangered Species Act). For Bush's successor, that legacy means having to play catch-up starting Jan. 20 on a dusty list of green issues; to name a few: national action on capping carbon, reengaging with the United Nations climate change treaty process, America's addiction to foreign oil, water shortages in the Southwest and accelerated species loss...
Granted, that's a tough task considering that the ongoing economic crisis - not to mention the two unending wars - will dominate the national agenda. Certain green issues, like energy, are tied into the downturn and will naturally be addressed. (Indeed, Sen. Obama - who has pledged to spend $150 billion on clean energy - has said the issue would be the first on his to-do list.) But Tercek believes the key for the new President will lie in persuading Americans that the environment is not a partisan issue...
...Harvard men’s tennis team, fresh off its sweep of the singles and doubles events at the Wilson/ITA Northeast Tennis Regionals, had an impressive run this weekend at the Dartmouth Big Green Invitational in Hanover, N.H. Although the Crimson was not successful in pulling an all-out victory, the squad did see three of its younger players battle through the early rounds to win spots in the semifinals in the Singles (A) Flight draw. Harvard faced off against a number of the top teams in the New England area, including Dartmouth and Saint Francis College, competed. Although...