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Dates: during 2000-2009
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...threat to the ozone layer: nitrous oxide (N2O), otherwise known as laughing gas. A study published in the Aug. 28 Science found that N2O - a by-product of agricultural fertilizer and a number of other industrial processes - is now the biggest ozone-depleting gas in the air, and could present a real threat to the ozone layer in coming decades. And worse, unlike CFCs, N2O - which also adds to global warming - is not regulated by the Montreal Protocol, meaning there is no global effort to try to reduce emissions. (See pictures of the world's most polluted places...

Author: /time Magazine | Title: Laughing Gas: The Latest Threat to the Ozone Layer | 8/28/2009 | See Source »

...delve deeper, let's examine why gas prices have deflated so much: natural gas prices and oil prices are no longer bedfellows in our present economy. As crude oil has skyrocketed from about $30 per bbl. in December 2008 to more than $70, natural gas has plummeted from nearly $6 per million BTU to under $3, recently hitting a seven-year low. To put these numbers in perspective, this makes oil more than four times as expensive as natural gas to produce the same amount of energy, according to the U.S. government's Energy Information Administration (EIA). (Read "Clean Energy...

Author: /time Magazine | Title: As Oil Explodes, Why Natural Gas Prices Stay Low | 8/27/2009 | See Source »

...October contract's open interest. In following its plan to buy and hold natural gas, UNG keeps rolling its position into the next futures month. In other words, every month, UNG sells its enormous long position in the front month - representing the price of natural gas closest to the present - and buys back as much as it can in the next contract month. The idea is that UNG is always trading the most liquid natural gas contract, but the problem is that UNG has become too large for the market - and for its own good. In a bear natural...

Author: /time Magazine | Title: As Oil Explodes, Why Natural Gas Prices Stay Low | 8/27/2009 | See Source »

...Kennedy was all about remembering. He remembered birthdays, christenings and anniversaries. He was present at graduations and funerals. He organized picnics, sailing excursions, sing-alongs at the piano and touch-football games on the lawn. He presided over all things family. He was the navigator for those young Kennedys who sometimes seemed unsure of their direction as life pulled them between relying on reputation and reality. (See a Kennedy family photo album...

Author: /time Magazine | Title: Barnicle on Kennedy: Of Memory and the Sea | 8/27/2009 | See Source »

...place that wasn't shrouded in toxic vapors or ravaged by illness. It was the bucolic village of Baigong, in southwestern Guizhou province-a community of blue skies, grape trellises, freshly painted houses and colorful sprays of drying peppers hanging from doorways. Where China's industrial wastelands symbolize its present and past, Baigong may be a tiny herald of the future: its streetlights are solar-powered under a program by Li's One Foundation and the nonprofit Climate Group, which Blair helped launch. "If all Chinese cities had these, we could save a lot of power," said Li. "And also...

Author: /time Magazine | Title: Viewpoint: Why China Could Turn Green | 8/27/2009 | See Source »

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