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...nuclear rebirth is needed to address the climate crisis - and he isn't correct - the fact is that the rebirth isn't happening. Despite the prospect of new taxpayer guarantees - and the cradle-to-grave subsidies that already support this 50-year-old industry at the federal and state level - utilities keep scrapping or delaying plans for new reactors...

Author: /time Magazine | Title: Why Obama's Nuclear Bet Won't Pay Off | 2/18/2010 | See Source »

...nuclear energy is popular with the public and wildly popular on Capitol Hill. Obama's push to expand the loan guarantees was one of the only bipartisan applause lines in his State of the Union address. New nukes are a priority for unions as well as for utilities; the Vogtle project, while not exactly shovel-ready, is expected to create 3,500 well-paying jobs if dirt starts moving next year. Meanwhile, Republican politicians who don't believe in global warming and didn't even want the word French in their fries can't stop talking about French nuclear plants...

Author: /time Magazine | Title: Why Obama's Nuclear Bet Won't Pay Off | 2/18/2010 | See Source »

...Democrats are not the only ones rattled. Tea Partyers are boosting former Republican state legislator Marco Rubio's challenge to Governor Charlie Crist for the GOP's U.S. Senate nomination in Florida. In Arizona, the movement is targeting Senator John McCain, whose willingness to compromise on issues like immigration makes him vulnerable to former Representative J.D. Hayworth in the primary. Indiana Republican Dan Coats, a former Senator, is itching to get his job back after the retirement of Democrat Evan Bayh. But he too hears rumblings on his right. It is the sound of Tea Partyism on the march...

Author: /time Magazine | Title: Why the Tea Party Movement Matters | 2/18/2010 | See Source »

...Three Flavors of Tea Is anyone organizing all this? Or trying to? Tom Jenney is the Arizona state director of a Washington-based group called Americans for Prosperity (AFP), a low-tax, libertarian advocacy group funded primarily by the wealthy Koch family of Wichita, Kans., and its foundations. With its sister organization FreedomWorks - run by former House majority leader Richard Armey - the AFP nurtured the Tea Party movement in its early days, offering training and logistical support. When Santelli sounded his trumpet, Jenney organized the first Tea Party protests in his state. But the larger the movement has become...

Author: /time Magazine | Title: Why the Tea Party Movement Matters | 2/18/2010 | See Source »

Californians with individual health-insurance policies from Anthem Blue Cross must have breathed a collective sigh of relief on Feb. 13. Under heavy pressure from the state insurance commissioner and the Obama Administration, the company announced that it would delay a set of dramatic rate hikes. In the meantime, at the request of the commissioner, independent actuaries will review the company's books and investigate whether one-year premium increases of up to 39% are legal and justifiable. Surely they can't be, right...

Author: /time Magazine | Title: A Big Insurance-Rate Jump in California: Will It Stick? | 2/18/2010 | See Source »

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