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...over the past several years, fossil fuel prices were surging as well; the cost of oil exceeded $150 a barrel at one point this year. The economic slowdown has shrunk those prices just as quickly, with oil now dipping below $95 a barrel. That makes renewable energy projects like wind and solar, which have to compete with fossil fuels on straight cost until a carbon price is passed, less attractive. Michael Liebreich, the chairman of the research group New Energy Finance, argued in a recent briefing that the financial crisis might make governments less willing to extend preferential subsidies...

Author: /time Magazine | Title: Will the Environment Lose Out to the Economy? | 10/7/2008 | See Source »

...Weathermen formed as a radical offshoot of the 1960s student activist group Students for a Democratic Society (SDS). A manifesto, which circulated around a June 1969 SDS convention, took its title from Bob Dylan's "Subterranean Homesick Blues." "You don't need a weatherman to know which way the wind blows," it read, and thus became known as the Weatherman statement. While SDS promoted nonviolent protests, the Weathermen aligned themselves with violent groups like the Black Panthers. "There is no example of a peaceful road to fundamental social change," wrote Weatherman-founder David Gilbert...

Author: /time Magazine | Title: The Weather Underground | 10/7/2008 | See Source »

...story, "Exelon Head Speaks on Energy," stated that wind energy is twice as expensive as nuclear energy. In fact, the speaker did not state that wind power costs twice as much to produce as nuclear power on a kilowatt-hour basis, but that wind energy costs twice as much as nuclear when considering the cost of abating a ton of carbon dioxide...

Author: By Natasha S. Whitney, CRIMSON STAFF WRITER | Title: Exelon Head Speaks on Energy | 10/6/2008 | See Source »

...Highway 45, the road to Galveston Island. The first odd note is the number of blown out billboards and signs. The gold has gone from the Golden Arches, the toll-free phone number on the billboard for the class action law firm has been torn and tossed to the wind. Then the blue tarps begin to appear, stretched taut over the rooftops of strip malls and apartment buildings...

Author: /time Magazine | Title: In Storm-Ravaged Galveston, Echoes of New Orleans | 10/6/2008 | See Source »

...ashore, he was injured, a bacterial infection set in and doctors in Houston had to amputate his lower leg. "The people of Galveston have a special resilience and toughness about them," Daily News publisher Dolph Tillotson wrote this week. "Perhaps that comes from generations of dealing with adversity. Fire, wind, water, disease and warfare have failed to dislodge the people of Galveston...

Author: /time Magazine | Title: In Storm-Ravaged Galveston, Echoes of New Orleans | 10/6/2008 | See Source »

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