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...year. Passed as part of the 2005 energy bill, the credits encourage businesses to invest in alternative energy. Utilities that produce wind power earn 2 cents for every kilowatt generated over the first 10 years of a project's operation. For solar energy, tax credits can be worth up to 30% of the cost of a project. These credits are modest - especially compared to the billions of dollars in subsidies lavished on the fossil fuel industry - but they've helped renewable power explode over the last several years, with wind energy growing at 45% last year and solar just slightly...

Author: /time Magazine | Title: The Global Credit Crisis | 7/20/2008 | See Source »

...says, the best way to answer that question is by narrowing the focus of a vaccine study to see if it can do one thing: reduce the viral load in someone infected with HIV. If a vaccine can do that, it's worth looking at more closely to figure out how it does it. "Scaling back the trial to look at a single endpoint is a concept that a number of us have championed," agrees Wayne Koff, senior vice president of research and development at the International AIDS Vaccine Initiative...

Author: /time Magazine | Title: What's Next for the HIV Vaccine? | 7/19/2008 | See Source »

...next few weeks in San Francisco, Santa Fe and Los Angeles.) The gap between Hollywood blockbusters and indie films has never been greater, in exposure, box office revenue and media attention. Yet for intrepid cinephiles, the rewards of Kent Mackenzie's long-lost film are savory, and well worth seeking...

Author: /time Magazine | Title: Exiles on Indie Street | 7/18/2008 | See Source »

...which, Edwards argues, not only diminishes the worth of trademark protection in the Internet age, but also discourages grass-roots entrepreneurship. "Our best inventions have usually come from the little guy," says Edwards. "I see this trend dissuading them." If she's right, it would be one more example of how the Internet promises us everything except accountability...

Author: /time Magazine | Title: The Weemote vs. Wiimote Tiff | 7/18/2008 | See Source »

...rabbi's prospects, however, may depend more on the national trends. "Candidate quality matters less and the national climate matters more [in the 2008 election cycle]," says Wasserman. "The political climate for Republicans continues to be so bad that even some of these relatively safe districts are worth keeping an eye on." But the Garrett campaign insists it isn't worried. "In the past we've heard people say this year it's going to be competitive," says campaign advisor Matthew Barnes, "and each year the voters respond by reelecting [Garrett] overwhelmingly...

Author: /time Magazine | Title: A Rabbi in Congress? | 7/18/2008 | See Source »

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