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Nevertheless, high-speed rail is an idea whose time has come - at least for environmentalists. According to Environment America, high-speed rail uses a third less energy per mile than auto or air travel, and a nationwide system could reduce oil use by 125 million bbl. a year. In addition, high-speed rail represents the kind of long-term infrastructure investment that will pay back for decades, just as the interstate highway system of the 1950s has. "This is a down payment on a truly national program," said Biden, who has logged more than 7,900 round trips...

Author: /time Magazine | Title: Can High-Speed Rail Succeed in America? | 1/29/2010 | See Source »

...Apparently timeliness mattered more than the fact that Goodyear Tire and Rubber Company, her employer of nearly 20 years, had been paying her less than every one of her male colleagues. Additionally, in 2008 the Supreme Court voted to reduce the amount Exxon Mobil had to pay for an oil spill from $2.5 billion to $500 million, covering the cost of the economic losses while disregarding thousands of Alaskans whose livelihoods were destroyed by 11 million pounds of oil. After this most recent decision, we hope that the tide of the Supreme Court’s decisions can be turned...

Author: By The Crimson Staff | Title: Bring Back Teddy Roosevelt | 1/28/2010 | See Source »

...live and work near the Hamra Hotel compound, where many foreign journalists live and work. On Monday, my main assignments for the day were positively mundane: first, to get a plumber to fix the burst pipe at the office, and then head over to the oil ministry, where Exxon Mobil and Royal Dutch Shell were signing a 20-year deal to develop a supergiant Iraqi oil field. The agreement had been heralded as a cornerstone for the future of an Iraq safe enough for investors to unload tens of billions of dollars, perhaps one that would see Iraq surpass Saudi...

Author: /time Magazine | Title: In the Middle of the Baghdad Hotel Attacks | 1/26/2010 | See Source »

...years, the news still came as a mild earthquake in culinary circles. Frequently referred to as the founder of molecular gastronomy - a term the chef himself reviles - Adrià and his team have revolutionized modern cuisine with their constant search for new techniques and ingredients. In their hands, olive oil has been "spherified" until it takes on the shape and texture of caviar, and Gorgonzola cheese has been transformed with liquid nitrogen into a frozen globe that looked like nothing so much as a dinosaur egg. Dinner at elBulli, which consists of 30 or so courses, is a unique experience...

Author: /time Magazine | Title: World's Best Restaurant: Reservations Get Tougher | 1/26/2010 | See Source »

...weaken Russia's influence in the region. But considering the dependence of both countries on trade with Russia, this still seems like a distant prospect, and some analysts say Kazakhstan's offer to Belarus is most likely a bluff. It would be costly and difficult for Kazakhstan to ship oil to Belarus, and Belarus could not afford to pay fair-market prices anyway, says Denis Borisov, an analyst at Bank Moskvy, one of Russia's largest banks. Kazakh companies could, however, undercut Russian bids for the Naftan refinery, he says, which would be a major blow to Russia's energy...

Author: /time Magazine | Title: Energy Wars: Russia's Neighbors Get Even | 1/25/2010 | See Source »

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