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Duprey and many others in the renewable-energy industry would prefer a feed-in tariff, which requires utilities to buy alternative electricity at above-market rates. Feed-in tariffs have already been used with considerable success in European countries like Spain and Germany, where renewable power has achieved greater penetration than in the U.S. But there seems to be little chance of that happening in Washington, in part because the nascent renewable-energy industry lacks lobbying might. "It's hard out there for us," says Duprey. "We're not as well organized as the coal or nuclear industry." Renewables like...
...still has interests in Iraq and will need to see them advanced if it hopes to turn its adventure there into a success. Washington wants Iraqis to build on the gains of the past two years--to clean up their government, speed up political and social reconciliation and pull the economy out of its state-controlled stasis. The U.S. can't afford to see Iraq turn into an Iranian satrapy or become a haven for cross-border terrorism. But without thousands of soldiers and billions of dollars at his disposal, Hill will have to persuade Iraqi officials to do Washington...
...From a public relations perspective, though, Warren has been a success. She has taken to the spotlight like a seal to water and has smoothly made the cable-TV rounds to chide the close-knit club that determined financial policy in the past. She argues that now, finally, taxpayers "have a seat at the table." If this sounds like advocacy, that might be exactly what Democratic Party bosses had in mind when they selected her. Since a special inspector general was also appointed to investigate Treasury's actions, Warren's oversight panel was left with little actual power...
Have you ever felt inclined to use your success to bring awareness to a certain issue? Tash Nordstrand AUCKLAND...
...book editor suggested Bernstein write a memoir, he countered with an ambitious proposal for an intellectual history. The result was Capital Ideas: The Improbable Origins of Modern Wall Street, an improbably charming tale of index funds, mathematical options-pricing models and new theories of corporate finance. It was a success, and Bernstein followed it in 1996 with a big best seller, Against the Gods: The Remarkable Story of Risk...