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...rule, presidential candidates not named Ross Perot don't propose fuel-tax hikes. Interestingly, though, to fight global warming, Clinton, McCain and Obama are all in favor of a carbon-cap-and-trade regimen, which would raise the price of fossil fuels just as surely as a direct tax would. Almost in spite of ourselves, we may end up with a semi-rational long-term energy policy. It won't make gas cheaper anytime soon - or perhaps ever - but in the long run, it could strengthen the country's economic prospects...
...article contains a table. Please see hardcopy of magazine.] The Prototype Trainer UNDER ARMOUR DAVID VS. BIGFOOT Under Armour is hot, but Nike has the money to kick it into the ground The SPARQ trainer NIKE $640 million Sales* $17.9 billion $45.5 million Earnings* $1.8 billion $1.7 billion Market cap** $32.2 billion Ray Lewis Famous endorser LeBron James...
This year, both Clinton and Obama released strong climate proposals that build on the cap-and-trade idea. But as McCain girded for primary battles against skeptics like Mitt Romney, he throttled back his leadership on the issue, missing every environmental vote of the year. Lieberman teamed up with Virginia Republican John Warner to produce a bill that is more detailed and ambitious than the ones Lieberman and McCain worked on. With the backing of California Democrat Barbara Boxer, the fierce, deep-green chairman of the Senate Environment and Public Works Committee, Lieberman and Warner added provisions to protect...
That took some guts, but this issue may soon test the limits of his courage. McCain hasn't yet promised to vote for the Lieberman-Warner bill. (He's holding out for a package of nuclear incentives - even though cap-and-trade is a built-in incentive for all low-carbon energy, including nuclear.) And in his big Portland speech, he ducked one of the central issues of the entire climate debate: how to get China on board. There are really only three options for this. First, the U.S. commits to emission reductions and figures out China later. That...
...religious about taking precautions. When outdoors, he usually dons a baseball cap, even in the dim light of winter. His chalk-pale skin is a testament to the care he now takes in the sun. "I hope everyone has some sunscreen," he told the traveling press at a recent campaign stop in the coal hills of Kentucky. His doctor checks for new blemishes every few months, with his last announced checkup taking place in March. "Everything's fine," McCain said the following...