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...falling energy prices are the best kind to have. Much as the prospect of rising pump prices earlier in the summer had economists worried about a "virtual tax," psychologically and otherwise, on producers and consumers alike, the reality of precipitously falling energy prices means that consumers will feel richer and manufacturers, well, at least cheaper fuel doesn?t make that woebegone sector?s predicament any worse...

Author: /time Magazine | Title: Watch Out For Falling Prices | 8/10/2001 | See Source »

...billion swirling around the marketplace, but don't do it out of patriotism - we don't want you feeling broke and used in November, either. Advice from your economist? First get your letter and do a little planning; then use the rebate - whatever it is - to make yourself feel richer. The rest will take care of itself...

Author: /time Magazine | Title: Uncle Sam Wants You to Spend Your Rebate | 7/17/2001 | See Source »

...mark. An incentive-based long-term system involving all countries is definitely the way to go to reduce global emissions. Costs can be equalized based on global market levels. Each country's individual expenses can be measured as a percentage of its GDP and a value for credits calculated. Richer countries will obviously pay more of the total, but all countries will share in some part of the cost of what essentially affects the entire planet. DAVID A. LEETE Daytona Beach...

Author: /time Magazine | Title: Letters: Jul. 16, 2001 | 7/16/2001 | See Source »

...have helped that many of the energy companies that could benefit from the state’s power companies were based in Texas. Or maybe he thought the crisis would boost his argument that we need to drill more oil and make his buddies from the oil industry even richer. But the Dems cut a few deals to bring electricity back to the state’s high but reasonable rates...

Author: By Jonathan H. Esensten, | Title: POSTCARD FROM LOS ANGELES: Power Politics | 7/13/2001 | See Source »

...unfair. But in 1998, El NiNo warmed the seas, bleaching and killing much of the fantastical underwater coral. Fears surfaced that the rainbows of multicolored reef fish and legions of turtles, sharks and manta rays that made the Maldives a high point of the diving world would depart for richer shores. In the end, the fish stayed and the coral is now growing back. But global climate changes remain a concern. The Maldives stretch 800 km, but less than 300 sq km is land, and it is all low-lying. A 1-m rise in sea level would swamp...

Author: /time Magazine | Title: Making Like Crusoe in the Maldives | 7/2/2001 | See Source »

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