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When an industry leader like Toyota succeeds by going green, its rivals take notice--as Ford's and General Motors' frenzied game of catch-up demonstrates. But the impact reaches beyond the fight for market share. The mega-retailer Wal-Mart has pushed a slew of high-profile environmental initiatives over the past year, including the construction of experimental green stores in Texas and Colorado and the launch of a campaign to sell ultraefficient compact fluorescent bulbs to 100 million homes. The real power of Wal-Mart to drive environmental change, however, rests in its sheer size, by which...

Author: /time Magazine | Title: How Business Saw the Light | 1/5/2007 | See Source »

...fuel-hungry trucks and SUVs that Americans demand. Although public concern over climate change seemed to crystallize this past year, it hasn't been fully reflected in our buying decisions. We're green hypocrites, according to Joel Makower, executive editor of GreenBiz.com "Consumers remain depressingly ignorant about the environmental impact of what they do," he says. "They find no irony in getting into their SUVs to drive a few miles and buy recycled toilet paper." In other words, American consumers haven't really begun to change their habits. To avert the worst that global warming has in store...

Author: /time Magazine | Title: How Business Saw the Light | 1/5/2007 | See Source »

...Year's Eve blasts were the work of small, crude devices, but the impact of the bombings felt outsized for a nation that depends heavily on tourism and foreign investment. Bangkok and its environs serve as a regional manufacturing hub, and part of the capital's attraction had been its reputation as a terror-free zone in a region where security threats are omnipresent. Complicating matters, the country's financial edge has been blunted lately by the new military-installed government, which is making foreign investment in Thailand more difficult-just as countries like China, India and even Vietnam...

Author: /time Magazine | Title: The Trouble with Thailand | 1/4/2007 | See Source »

...Paul Budde, a telecommunications analyst based in Australia, says that the indirect impact on Asia's economy of a hypothetical total outage could easily reach $1 billion a day. Restoring communications links will take time, Budde says, because specialized ships will be needed to hoist damaged cables from the sea floor for repair. "There are only a handful of (the ships) around the world," he says. "It's not an easy job. This is going to take days." On Thursday afternoon, officials from the Hong Kong Office of Telecommunications Authority reported that two cable-repair ships had been dispatched from...

Author: /time Magazine | Title: Asia's Wounded Web | 12/28/2006 | See Source »

...Strict limits are put on damage that can be done to the species' habitat and the harm that individuals, including hunters, can do to any member of the protected group. Most powerful is the consultation clause, a provision of the law that requires the federal government to determine the impact of any actions it takes that might harm a protected species and modify its behavior accordingly...

Author: /time Magazine | Title: A Big Win for Polar Bears? | 12/27/2006 | See Source »

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