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...turning that research into reality was not just generous government aid, but the fact that Denmark stayed with it. While countries like the U.S. let tax credits for renewable energy wax and wane, smothering infant green industries in the crib, Denmark looks to the long term. In the 1990s, the government inaugurated tariffs that required utilities to offer 10-year fixed-rate contracts for wind power. That sort of security led to a rapid expansion of wind power at home - the country has more than 5,200 turbines producing in excess of 3,100 MW of electricity - and helped firms...

Author: /time Magazine | Title: Denmark's Wind of Change | 2/25/2009 | See Source »

...suspect exacted a steep price on many people. By exposing his adultery and painting him, however briefly, as a suspected murderer, the case torpedoed Condit's career and left his reputation in tatters. He was ousted in a 2002 primary challenge, and left the House when his term expired in 2003. Aside from a tumultuous stint running two Baskin-Robbins franchises, he and his wife have filed several lawsuits to rehabilitate his shattered image. Levy's family, meanwhile, was forced to endure the prolonged nightmare of their daughters' disappearance under a media spotlight - and a long-delayed wait for justice...

Author: /time Magazine | Title: The Chandra Levy Case | 2/25/2009 | See Source »

Earlier this month, the director of National Intelligence, Admiral Dennis Blair, told a Senate hearing that the global economic crisis had replaced terrorism as the "primary near-term security concern" for the U.S. Blair's office has produced a report saying that economic crises had already led to some degree of political instability in a quarter of the world's nations. (See pictures of the global financial crisis...

Author: /time Magazine | Title: Obama's New Daily Briefing: Economic Intel | 2/25/2009 | See Source »

...Mexico Governor Bill Richardson and New Hampshire Senator Judd Gregg both withdrew their nominations as Commerce Secretary (Richardson for a homegrown corruption investigation and Gregg because of disagreements with Obama's fiscal strategy), Obama apparently decided to go with someone as straitlaced as they come. Gary Locke, former two-term governor of Washington and the nation's first Chinese American to head a state, was formally announced today as the Administration's next pick for Commerce. His many dealings with China are expected to come in handy should he receive Senate confirmation...

Author: /time Magazine | Title: Commerce Secretary: Gary Locke | 2/25/2009 | See Source »

...Entered office with high ratings that slowly dipped over his two terms. Near the end of his second term, when the state suffered from a $2.5 billion deficit and one of the highest unemployment rates in the land, Locke declined to raise taxes, angering fellow Democrats. He also turned his back on promises to reform education, eliminating teacher raises and angering their union, who effectively "un-endorsed" him. Thousands of teachers later marched on the state capitol...

Author: /time Magazine | Title: Commerce Secretary: Gary Locke | 2/25/2009 | See Source »

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