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Some insurers, however, insist that they are going to begin investing in more environmentally friendly energy projects. For the past year, German giant Allianz Capital Partners has been assembling a team dedicated solely to renewable-energy investments and led by David Jones, Shell's former head of wind energy. The company estimates it will have about $600 million invested in renewable-energy infrastructure projects over the next five years--notably in wind-turbine hardware. "We have identified renewable energy as an absolute growth market," says Thomas Pütter, chief executive of Allianz. He points to China's embrace of wind...

Author: /time Magazine | Title: Foreign Influences: Weather or Not? | 10/1/2006 | See Source »

...over the last year she came out of her shell a bit. We were in a surplus store and she saw an air horn behind the counter. She said, "Look dad, doesn't that look like something we could use to wake up [Jackass director] Jeff Tremaine with?" I was so touched and proud - I was like, "Awww, she wrote her first...

Author: /time Magazine | Title: The Strange Behavior of Johnny Knoxville | 9/29/2006 | See Source »

...increasing likelihood that businesses' carbon footprints are likely to be taxed in the future, polluting companies and certain sectors are beginning to look like less attractive investments. For the past year, German giant Allianz has been assembling a team solely dedicated to renewable energy investments, headed by David Jones, Shell's former head of wind energy. The company estimates it will have €500 million invested in renewable-energy infrastructure projects over the next five years - notably in wind-turbine hardware. "We have identified renewable energy as an absolute growth market," says Thomas Pütter, chief executive of Allianz...

Author: /time Magazine | Title: A Changing Climate | 9/26/2006 | See Source »

...East was never going to be easy, but a political chill has put some of the world's biggest energy projects in an unexpected deep freeze. In the decade since they [an error occurred while processing this directive] negotiated separate drilling agreements with Russian authorities, ExxonMobil and Royal Dutch Shell have gone way over budget and incurred the wrath of leading environmental groups. But last week, the two oil majors faced their biggest challenge so far: a Kremlin backlash that could hold up or even potentially derail their plans. Moscow revoked a key environmental license for Shell's $20 billion...

Author: /time Magazine | Title: Frozen Assets | 9/24/2006 | See Source »

Despite occasional disasters, however, I was adjusting to a fake arm--thanks to certain modifications by prosthetist John Miguelez's team. Ralph had bit the dust, replaced by a more tapered, slightly lighter shell made of carbon fiber and acrylic resin. The modifications improved my range of motion and wardrobe--I could now button a dress shirt. But I was hardly wearing a second skin. The rigid shell chafed my forearm and got so hot in the summer that sweat dripped out of a small hole used...

Author: /time Magazine | Title: How I Lost My Hand But Found Myself | 9/24/2006 | See Source »

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