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...last year. The number of projects using geothermal power has lagged behind wind, solar and biofuels for many years. However, since 2004, projects in the U.S. have doubled, and countries such as Indonesia have set ambitious goals for geothermal generation. The financial crisis has hit the renewables sector, to be sure, but analysts say that thanks to U.S. President-elect Barack Obama's green-energy agenda, and recent G-8 goals to cut carbon emissions by 50% by 2050, the industry will come back strong. "I have people calling me asking, 'Where should I put my money...

Author: /time Magazine | Title: Energy: Boiling Point | 12/4/2008 | See Source »

That big, high-risk investment will only come down with the development of better technology. Gawell sees Icelandic investments abroad as an important way to develop the sector: "Icelanders have been a significant part of making the strategic investments you need to make this happen...

Author: /time Magazine | Title: Energy: Boiling Point | 12/4/2008 | See Source »

...money being spent on cutting-edge research shows that many companies are paying far more than just lip service to the notion of cleaning up their act. "Heavy industry in general faces some of the biggest problems because of what it does, but it was also the first sector to recognize that it had a problem," says Peter Madden of the London-based ngo Forum for the Future, which worked together with Dulux on the Ecosure product...

Author: /time Magazine | Title: Building Materials: Cementing the Future | 12/4/2008 | See Source »

...understand why people in other parts of the country (like some in Michigan) hate the idea of bailing out Detroit. Why pay for other people's mistakes? Is making cars any more American than any other business? Jobs are globalizing and industries are transforming in every sector. What's so damn special about them...

Author: /time Magazine | Title: In Michigan, Still Waiting for the Renaissance | 12/4/2008 | See Source »

DIED V.P. Singh, 77, was Prime Minister of India from 1989 to '90. His decision to reserve a fixed percentage of public-sector jobs for India's lower castes sparked riotous protests--and cemented his reputation among the poor as "India's Mandela...

Author: /time Magazine | Title: Milestones | 12/4/2008 | See Source »

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