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...Rica," says Jimenez, but he warns that the country's emissions "continue to grow unchecked." The Arias government is toying with the lofty idea of building a super-modern, solar-powered monorail system in the capital to acheive carbon neutrality by 2021, but so far Costa Rica's carbon output has increased more during the first three years of Arias' presidency than it had in the previous 10 years combined, environmental groups note. (See pictures of the world's most polluted places...

Author: /time Magazine | Title: Costa Rica's President: It's Not Easy Staying Green | 10/10/2009 | See Source »

...manner that a country like Japan is capable of doing. That goal required Iran to give up exercising its right to enrich uranium. There's no sign of Iran moving in that direction, but if it shows new flexibility in negotiating further safeguards against weaponization of its nuclear output, that will create a new dilemma for the Obama Administration: whether or not the U.S. and its allies, particularly Israel, can live with an outcome that leaves Iran with "threshold" capacity, even under greater safeguards...

Author: /time Magazine | Title: Iran: Can the U.S. Take 'Yes, But' for an Answer? | 10/8/2009 | See Source »

...rest of the industrialized world may be in worse shape. To measure excess capacity, economists use a metric called the "output gap," defined as the difference between the potential output of a given economy and what is actually being produced (including services). The Organization for Economic Cooperation and Development (OECD) is projecting that, despite global production cutbacks, the situation is actually getting worse because the recovery will be weak. In 2010 the output gap among 24 OECD member nations is projected to widen to -5.7% - the widest gulf by far in the post-World War II era. (See 25 people...

Author: /time Magazine | Title: A Threat to Global Recovery: Too Many Factories | 10/6/2009 | See Source »

...HSBC economist Frederic Neumann said in a September report that some Asian manufacturers have gained back the power to raise prices, implying that the impact of excess capacity in the region might not be as severe as some fear. "What was so scary about the recession were the unprecedented output gaps that conjured up images of endless industrial slack and competition so fierce that no one could ever hope to raise their prices again," Neumann wrote. "What's happened now, however, is almost as stunning ... pricing power is starting to return far earlier than anyone dared to predict...

Author: /time Magazine | Title: A Threat to Global Recovery: Too Many Factories | 10/6/2009 | See Source »

...recession has its silver linings. According to a forthcoming report by the International Energy Agency, sluggish trade, dwindling industrial output and greener government policies have put global carbon dioxide emissions on track to drop 2.6% in 2009, the largest slide in 40 years. Analysts hope the dip will bolster efforts to reach a new climate pact in Copenhagen in December. But so far, despite repeated calls for action, world leaders have made scant progress toward replacing the Kyoto Protocol, which expires...

Author: /time Magazine | Title: The World | 10/5/2009 | See Source »

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