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...have been building massive real estate projects that have attracted both private and corporate buyers. As prices have continued to rise (residential values in 70 large and medium-size cities across China soared in 2009, according to real estate consultancy Colliers International), more investors have become speculators, buying brand-new properties with the sole intention of flipping them...
...made barely 2% of the advanced batteries used in the world's electric vehicles. Now, thanks to a multibillion-dollar federal investment, American companies are positioned to increase production tenfold - and potentially control 40% of the global lithium-ion-battery market by 2015. "We've created an entire new industry," Obama said...
While they wait for the U.S. electric-auto market to develop, some new suppliers are looking toward consumer electronic goods and markets outside the U.S. to keep their plants busy and improve quality until the big orders come in. "We're in the early stages of what will be a significant run-up," says A123's Vieau. "There's a lot of business out there." Sastry echoes that view, saying many automakers rely on engine suppliers. "If the dream I and others have is realized, we'll see batteries being treated like engines," she says. Job engines, no less...
Nearly 50 years ago my father, who died March 20 at 90, wrote The Quiet Crisis to warn Americans against the overuse of natural resources and the loss of open spaces. He urged the adoption of a new land consciousness to protect the environment and argued that the ideals inherent in the preservation of wilderness, watersheds and recreation areas must be given the same value as the benefits derived from exploiting our abundant resources. Such convictions were consistent with his commitment to public service and social justice. During his time at the Interior Department, he also required the Washington Redskins...
Udall is a U.S. Senator from New Mexico...