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...nearly 50% more than the previous year. And at the center of it is Abu Dhabi's own Masdar Initiative - named after the city of Masdar, a newly built green metropolis designed to be a center for clean technology. Even though the petroleum-rich emirate is suffering through plummeting oil prices - now a little over $40 a barrel, down a hundred dollars from a half a year ago - its leaders say they remain committed to expanding Masdar. "The current financial crisis has absolutely no impact on our planned projects," says Sultan Ahmed Al Jaber, Masdar's imposing CEO. "Our appetite...

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

...Barack Obama has got a ton on his plate - starting now. As the dozens of contributors write, Obama has to: restore America's world leadership role, convince Americans that the government can work for them, responsibly pull out from Iraq, protect the homeland, reduce America's dependence on foreign oil, transition towards a green economy, invest in the nation's crumbling infrastructure, halt torture, close Guantanamo Bay, make the federal government transparent again, reduce global poverty, cut taxes, halt the war on science, expand health-care coverage, utilize diplomacy on a more regular basis, solve the immigration problem, make college...

Author: /time Magazine | Title: Obama's Progressive Manual for Change | 1/20/2009 | See Source »

...Dhabi isn't the last place you'd expect to find ambitious plans for solar energy and ultra-green construction, it has to be close. The seaside capital of the United Arab Emirates (U.A.E.) is the world's fifth largest producer of petroleum, and the wealth that oil brings this former fishing village is evident in the foreign luxury cars that choke its highways, running on gas that costs just 45 cents a gallon. But a year ago, the government launched the multibillion-dollar Masdar Initiative, a combination clean-tech investment fund, property developer and renewable-energy start...

Author: /time Magazine | Title: An Enviro Utopia — in the Abu Dhabi Desert | 1/19/2009 | See Source »

Tarek William Saab is a veritable Renaissance man, a Venezuelan human-rights lawyer and a published poet who reveres Bob Dylan and the writers of America's Beat Generation. But this former Congressman and now two-term governor of Anzoategui, a prime oil-producing state on Venezuela's eastern coast, is also one of President Hugo Chávez's most popular and devoted lieutenants. That means he has lots of issues with the U.S. and is watching President-elect Barack Obama with a hopeful but wary...

Author: /time Magazine | Title: Latin America Looks for a Fresh Start with Obama | 1/18/2009 | See Source »

...Guantánamo or lift Bush's draconian restrictions on Cuban-American travel and remittances to Cuba - which mean a lot in a region where Monroe Doctrine is a dirty term. If Obama demonstrates that he's more interested in helping Haiti with green-energy projects like jatropha-seed oil than he is in making Bolivia eradicate more and more coca bushes, or more committed to steering U.S. aid toward micro-credit ventures for Mexican peasants than to building multibillion-dollar border walls to keep them out, it could go a long way toward making Latin America a more...

Author: /time Magazine | Title: Latin America Looks for a Fresh Start with Obama | 1/18/2009 | See Source »

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