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Those plans include a thin-film solar factory, along with investments in wind and solar and in carbon-trading projects throughout the world. Most significantly, Masdar is pioneering a model carbon capture and sequestration (CCS) project with the energy and mining giants BP and Rio Tinto that will take CO2 emissions from industry in the emirate and store the CO2 in abandoned oil wells. Since even the most optimistic energy projections assume we'll be burning fossil fuels for decades, perfecting CCS is vital to controlling emissions--and who would be better suited to cleaning up fossil fuels than...

Author: /time Magazine | Title: Abu Dhabi: An Oil Giant Dreams Green | 2/12/2009 | See Source »

...information officer, recently opted to use free open-source software instead of purchasing expensive software licenses from vendors like Microsoft. Mitchell says the decision will save $1.1 million over three years. "We sat back and recognized the money we needed simply wasn't going to materialize out of thin air," he says...

Author: /time Magazine | Title: Making Reading, Writing and Recession Work Together | 2/12/2009 | See Source »

When he’s not acting in Hasty Pudding burlesques, you might find W. Brian Polk hanging out with his pals from the improv group On Thin Ice or performing in comic operas with the Harvard-Radcliffe Gilbert & Sullivan Players; he’s also been spotted performing in several Harvard-Radcliffe Dramatic Club shows. Polk—actor, singer, writer—has contributed an enormous amount of his time at Harvard to the arts. For Polk, theater isn’t just a passion; it’s an incredible community. The San Diego native first found...

Author: By Elsa A. Paparemborde, CONTRIBUTING WRITER | Title: From Frat Boy to Magic Mirror, Polk Plays It All | 2/12/2009 | See Source »

...Kindle 2, which goes on sale ($359) at the end of the month exclusively at Amazon, is almost half as thin (.36 inch) and more capacious (holds more than 1,500 books) than its predecessor, with a sleek, Apple-like aluminum back. While its six-inch screen is the same size as the former model and still cannot render color, it will now display16 shades of gray, versus 4 in the original. That should improve the crispness of text, images and photos. Amazon also claims the new Kindle's battery can hold a charge 25% longer than the 1.0 version...

Author: /time Magazine | Title: Amazon's Kindle 2: Trying to Light a Bigger Fire | 2/9/2009 | See Source »

...about 1.8% of its loan portfolio. Compared with what some of its competitors wrote down, that wasn't a heck of a lot; Citigroup, for instance, had a $13.2 billion charge in the same quarter, primarily related to loan losses. But the relatively small loss took BofA's thin tangible equity, the type of capital that matters most to shareholders, down to a ratio of just 2.6% of loans, according to FBR. By that measure, Bofa was a weaker bank than any of its rivals, including Citigroup. But since the market was so focused on bad loans and the charge...

Author: /time Magazine | Title: Why Your Bank Is Broke | 1/31/2009 | See Source »

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