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...days prowling the packed exhibition floor of Abu Dhabi's World Future Energy Summit, and you might forget that the global economy is suffering through an existential crisis that has overshadowed just about everything else - including climate change. Booths showing off the technology of Chinese solar companies and German wind businesses buzz with visitors. Conference panels on biofuels or green design are half-empty, but that's only because attendees are busier cutting deals...

Author: /time Magazine | Title: Will Green Enterprises Survive the Economic Crisis? | 1/22/2009 | See Source »

...reality, the global economic downturn has hardly left the nascent alternative energy sector untouched. Developers here say that financing for new wind farms and solar plants remains all but frozen, halting tentative plans in the U.S. and Europe to expand clean power. The WilderHill New Energy Index - a fund that tracks the stock performance of selected clean tech companies - is down more than 60% since its peak in November of 2007, slammed by the double blow of the loss of venture capital and the reduced urgency for energy alternatives as the price of oil has tumbled. Clean tech startups have...

Author: /time Magazine | Title: Will Green Enterprises Survive the Economic Crisis? | 1/22/2009 | See Source »

...falling gas prices. Most of all, however, clean tech businesses generally lack the political weight to jostle for the bailout funds won by older and bigger industries like the automobile manufacturers. "It's just tough for them to be heard," says Steve Sawyer, the director general of the Global Wind Energy Council...

Author: /time Magazine | Title: Will Green Enterprises Survive the Economic Crisis? | 1/22/2009 | See Source »

...story that will never suffer from superfluity.Nissinen surely took inspiration for his first scene from George Balanchine’s interpretation, arguably the preeminent version stateside. There is the hustle and bustle of lavishly-dressed Christmas guests making their way to the Silberhaus home, and there is the same wind-up Harlequin and Columbine—an almost eerily perfect Melissa Hough, whose triple pirouettes, wide unblinking eyes, and general look of tart, wooden sweetness was even more ideal than that of an actual porcelain doll. Rather than a toy soldier, though, Nissinen gives a virtuoso turn to a life...

Author: By Erica A. Sheftman, CONTRIBUTING WRITER | Title: A Classic Holiday Ballet | 1/22/2009 | See Source »

...working on a new speech, one about a guy who battles wind and snow to see a movie at Sundance he heard had a sweet after-party that Virginia Madsen might attend. If the Steelers or the Cardinals are interested, I can motivate myself to Tampa in a second...

Author: /time Magazine | Title: Joel Stein on Super Sunday | 1/21/2009 | See Source »

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