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...the devil's in the details. And any??serious climate-change legislation will be a forest of details. The key feature of any Dingell bill will be a mandatory cap-and-trade system modeled on Dingell's 1990 acid-rain legislation. Industries would be allowed to emit fixed amounts of greenhouse gases according to their share of the overall problem. If a power plant or factory reduces its emissions, the saving can be sold to plants that fail to adhere to the cap. In this way, reductions become valuable and pollution costly...

Author: /time Magazine | Title: An Auto Insider Takes on Climate Change | 5/31/2007 | See Source »

Scratch the surface of any??investigation in Washington these days, and it seems you will find Karl Rove. One of the few things Alberto Gonzales could recall at his Senate hearing on the firing of eight U.S. Attorneys was Rove's mentioning the names of three he thought were underperforming. Rove is at the center of the White House's lost-e-mail fiasco. The Wall Street Journal reported that the Justice Department is talking to Rove's former assistant as part of its probe into disgraced lobbyist Jack Abramoff's contacts with the White House. And on April...

Author: /time Magazine | Title: Washington Memo: Washington Memo: Target Rove | 4/26/2007 | See Source »

...with almost any??important religious question, the first response of most Christians (especially Protestants) is to ask how Scripture treats the topic. But Scripture is not definitive when it comes to faith and income. Deuteronomy commands believers to "remember the Lord your God, for it is He who gives you power to get wealth", and the rest of the Old Testament is dotted with celebrations of God's bestowal of the good life. On at least one occasion--the so-called parable of the talents (a type of coin)--Jesus holds up savvy business practice (investing rather than saving...

Author: /time Magazine | Title: Does God Want You To Be Rich? | 9/10/2006 | See Source »

Through deft diplomatic maneuvering, he has also managed to make himself something of a key to the solution ?if any???of the Middle East riddle. In the weeks and months ahead, he will be one of the major figures with whom the U.S. must deal in the attempts to contain the dangerous Arab-Israeli conflict and to keep it from becoming a Soviet-U.S. confrontation. Last week Secretary of State, William Rogers flew into Cairo to make a first-hand assessment of Nasser's successor. Rogers was also interested in exploring one of Sadat's latest initiatives...

Author: /time Magazine | Title: The World: Middle East: The Underrated Heir | 5/17/1971 | See Source »

Asked to select the six prettiest girls of the Junior Class at Syracuse University, Artist James Montgomery Flagg wrote: "Sure?I'll pick out the prettiest gals? if any???or if six. All sorts of colleges every year do this to me, salt water, fresh water and bilgewater colleges, and I have had to gaze on some of the most god-awful female mugs in this broad tho' narrow land! I know now why there are so many pretty gals in New York?all the ugly ones are in colleges...

Author: /time Magazine | Title: People, Mar. 21, 1932 | 3/21/1932 | See Source »

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