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...instance, Senate proposals to cap CO2 emissions--opposed by congressional Republicans and President Bush--failed to make it into the energy bill. The Senate bill does require utilities to generate 10% of electricity from renewable fuels like wind or solar by 2020, but Bush wants more emphasis on tax breaks for oil and gas production. Immelt is one of a growing number of chief executives, including the heads of major utilities, who think carbon caps are both inevitable and a feasible response to global warming--a condition that nearly every scientist in the world not working for the White House...

Author: /time Magazine | Title: GE's Green Awakening | 7/7/2005 | See Source »

...frontier with farms and ranches. Today there is no central authority; the programs are initiated and run locally. Yet Washington has taken note. In March, Republican Senator Chuck Hagel of Nebraska and Democratic Senator Byron Dorgan of North Dakota reintroduced a bill that would forgive college debts, grant tax credits for a home purchase and fund small-business start-ups in counties that have lost at least 10% of their residents over the past 20 years. In Hagel's home state, 56 of 93 counties qualify...

Author: /time Magazine | Title: Land of the Free | 7/5/2005 | See Source »

...been boarded up, and the only preserved building is the American Legion post. These parts have so emptied that a turtle crossing the street has a decent shot at getting to the other side uninterrupted. Entire city blocks sell for $100 at sheriff's auctions, only to be abandoned, tax delinquent and on the block again a few years later...

Author: /time Magazine | Title: Land of the Free | 7/5/2005 | See Source »

Rural America has been hemorrhaging population for decades, of course, with small towns trying--and failing--to reverse the outflow by wooing a big manufacturer with tax incentives. "That was the whole game--elephant hunting," says Anita Hoffhines, who heads economic development in Ellsworth. The new approach, known as "economic gardening," is to bring in people and let businesses follow. Not big businesses but shops and cafés that employ two or three people and that would slowly re-energize Main Street. It's a bit of a catch-22. With no jobs available, who will move there...

Author: /time Magazine | Title: Land of the Free | 7/5/2005 | See Source »

...arms of the state?the police, the military, the intelligence services, even the tax collectors and building inspectors?were encouraged to act as though we citizens of Pakistan required their permission for anything we wished to do. We could not ask an official: What power do you have to stop me? Instead, they asked us: What power do you have to proceed? Slowly, our economy, schools and cultural life collapsed. Many of those who could leave fled abroad. Many of those who could not leave became radicalized...

Author: /time Magazine | Title: Two Steps Forward, One Step Back | 7/4/2005 | See Source »

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