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German Chancellor Angela Merkel's race to save automaker Opel - and the jobs of its 25,000 employees in Germany - is beginning to look like a high-speed pileup that could cost her at the polls...

Author: /time Magazine | Title: GM and Germany Still Wrangling Over Opel | 8/27/2009 | See Source »

...pounds for a coupon good at the local farm stand. Roads and bridges crumbling? Why bother allocating $27 billion in stimulus money when we could pay people to reroute or, better yet, stay home? California plans on releasing at least 37,000 inmates to ease prison overcrowding and save $1 billion. It costs $27,000 a year to keep someone in jail. It would be much more efficient to pay thieves not to steal in the first place...

Author: /time Magazine | Title: Cash for Clunkers: The Bribery Stimulus | 8/27/2009 | See Source »

...half-apocalyptic, half-optimistic pitch about climate change. In his nerdy professor style and referring to "Milankovitch cycles" and the "albedo effect" as well as melting glaciers and rising seas, Chu methodically explained that the science is clear, that we're boiling the planet - but also that science can save us, that we can innovate our way to sustainability. He acknowledged that the developed nations that made the mess can't tell the developing world not to develop, but he also warned that China is on track to emit more carbon in the next three decades than...

Author: /time Magazine | Title: Can Steven Chu Win the Fight Over Global Warming? | 8/23/2009 | See Source »

...Prep. It's also that Chu is the kind of scientific savant the Chinese revere, a techno-geek who scored a Nobel for developing methods of cooling atoms to a few millionths of a degree above absolute zero, who shelved his quantum-physics career to try to save the planet but on weekends still tries to cure cancer with lasers. "In the U.S., rock stars and sports stars are the glamour people. In China, it's scholars," Chu told me during his trip to Beijing. "Here, Nobel laureates are the equivalent of Britney Spears...

Author: /time Magazine | Title: Can Steven Chu Win the Fight Over Global Warming? | 8/23/2009 | See Source »

...already an efficiency nut. His California house was so well insulated, it barely needed air conditioning, and he's now weatherizing his D.C. home. He's pushing 24 new appliance standards that languished under Bush; at Tsinghua, he explained that existing efficiency rules for U.S. refrigerators alone save more energy than the controversial Three Gorges Dam in China's Hubei province will produce. He's especially obsessed with promoting white roofs and light-colored pavement, constantly citing Rosenfeld's calculation that having them throughout the U.S. would save as much carbon as taking every car off the roads...

Author: /time Magazine | Title: Can Steven Chu Win the Fight Over Global Warming? | 8/23/2009 | See Source »

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