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...initial House proposal triggered opposition by many of the biggest polluters, including electric utilities and industries that burn carbon-heavy coal. They would have to obtain permits for each ton of warming gases - chiefly carbon dioxide - limited by the cap. The bill didn't specify how the permits would be allocated or how much those permits might cost. Environmentalists wanted the government to auction them, with the proceeds used to lighten ratepayer utility bills inflated by the higher costs of running power plants and to subsidize energy efficiency measures. (See pictures of this fragile earth...

Author: /time Magazine | Title: Environmentalists Attack House Global-Warming Deal | 5/16/2009 | See Source »

...going to use biofuels or gas or even automobiles for the next 100 years? Scientists believe we need to reduce our emissions 80% by 2050 to avoid catastrophe; the notion that we should tear down our rain forests and peatlands today in the hope that our cars will burn a bit cleaner a century from now is political analysis, not environmental analysis. "That's something we'll have to take into account as we go back and look at this," an EPA official told...

Author: /time Magazine | Title: Stress-Testing Biofuels: How the Game Was Rigged | 5/12/2009 | See Source »

...federal 'loans' to Chrysler to more than $8.2 billion. GM, meanwhile, has received $15.4 billion from the Troubled Asset Relief Program and its total loan request could top $27 billion before the company completes its restructuring, a GM spokesman says. Even that figure assumes that GM's cash burn, which was running more than $3 billion per month in the first quarter, begins to slow later in the year. If the recession deepens, GM could be back at the bar for more. (Read about the success of GM's Chinese division...

Author: /time Magazine | Title: Adding Up the Auto Bailout: $80 Billion and Growing | 5/11/2009 | See Source »

...Cruise. Fantasy fans remember her as the icy White Witch of the Narnia films and as the soaring, fallen Angel Gabriel tempting Keanu Reeves in Constantine. Recently, and notably, Swinton has had on-screen affairs with Brad Pitt (The Curious Case of Benjamin Button) and George Clooney (Burn After Reading). She was also Clooney's legal antagonist, an agribusiness executive, in Michael Clayton - a film that earned her an Academy Award for Best Supporting Actress. (See pictures of Oscar's leading ladies...

Author: /time Magazine | Title: Why Tilda Swinton is the Queen of the Indies | 5/10/2009 | See Source »

Want the tropical experience without the burn or the travel? Check out CoCo Key Water Resort, where you can frolic on waterslides or choose to unwind on a raft. http://www.cocokeywaterresort.com/Locations/danvers/play/indoor-waterpark/index.aspx 50 Ferncroft Rd., Danvers...

Author: By Laura C Schaffer, CRIMSON STAFF WRITER | Title: Get Out! | 5/7/2009 | See Source »

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