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...make Denmark a showroom. You can reduce energy use and carbon emissions, and achieve economic growth." -TIME Feb. 25, 2009 (Read: "Denmark's Wind of Change...
...loans - may be wrong. Economists at MIT and the Federal Reserve banks of Boston and Atlanta have found that about 30% of borrowers who become seriously delinquent on their payments later catch up. A big deal has been made of the redefault rate - the high number of borrowers who wind up missing even modified payments - but the new finding about the large percentage of loans that "self-cure" indicates that servicers might actually be smart to delay rewriting many loans, since chances are they won't ultimately lead to foreclosure anyway. On top of that, servicers charge substantial penalty fees...
...gotten that message, along with his Republican cohorts in Texas, some of whom remain unconvinced that global warming is even a man-made threat to the planet but are nonetheless aggressively seeking to attract high-tech renewable energy companies. Not surprisingly, Texas has long since surpassed California in installed wind capacity...
...currently trails Japan, Europe, and China in the number of top renewable energy companies. America currently ranks third behind Germany and Japan in installed solar capacity, and is first by a slim margin in installed wind capacity, ahead of Germany, a country with less than a third of our population. The American Clean Energy and Security act (ACES), the federal climate and energy legislation under consideration this summer, which has cleared the House, but is likely to be watered down, if it ever passes the Senate, would aim for between 12 and 15 percent renewable energy by 2020. If other...
...carbon caps, stands poised to seriously outpace us in the global renewable energy market. The Chinese are actively pursuing a beefed up version of what Republicans like to call an all-of-the-above energy policy. Yes, plenty of coal-fired power plants, but also generous emphasis on wind, solar, and nuclear. It appears as though China will have little difficulty surpassing its 15 percent renewable energy target by 2020, and will end up closer to 18 percent—between three and six percent more than the U.S. To give just one example, the so-called "Three Gorges...