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...automakers haven't killed the lawsuit. But they are supporting the Obama Administration's "cap and trade" initiative, which is designed to curb both the use of energy and greenhouse-gas emissions across the entire economy. For carmakers, such legislation would be mostly neutral because they earn credit for making electric vehicles and could spend it on cars that emit too much CO2. GM now notes that one-third of the Cadillac Escalades it sell are hybrids, so it would have plenty of currency. Of course, at this point Detroit is hoping for anything that doesn't have California...

Author: /time Magazine | Title: California and Detroit Go to War over Gas Mileage | 3/8/2009 | See Source »

...people worldwide had found new jobs in the renewable energy sector in recent years, and that nearly 8.5 million people would be working in those industries by 2030. In the U.S., everything from solar power to energy efficiency is potentially poised to take off if Obama can pass carbon-capping legislation, as he has pledged - and many of those green jobs could come in the Rust Belt states that are bleeding manufacturing employment today. "What a cap does is open up the market and create a river of investment," says Steve Cochran, the national climate campaign director for the Environmental...

Author: /time Magazine | Title: Green Jobs: Still More Promise Than Reality | 3/7/2009 | See Source »

ENVIRONMENTAL PROTECTION AGENCY $10.5 billion, a 35% budget increase. Calls for the creation of a cap-and-trade system for greenhouse-gas emissions, funding for Great Lakes cleanup and investments in water-infrastructure projects...

Author: /time Magazine | Title: The World | 3/5/2009 | See Source »

...people whose cases were undertaken by the center's specialists, 17% saw their problems solved, while an additional 57% got some help that might not be totally affordable or adequate. For example, the Wilhites worry that Taylor's $1.5 million cap may be reached before she is 18, at which time the family will face another hurdle: getting her coverage as an adult...

Author: /time Magazine | Title: Cancer and Insurance: Who Do You Call? | 3/5/2009 | See Source »

...dozen police vehicles that were escorting the bus from the team's hotel to the stadium. The windscreen of the blue Punjab Elite Police pickup bears six large bullet holes. The roof is badly damaged. On the driver's seat, amid shards of glass, is a blood-stained cap belonging to one of the dead police officers. Blood is smeared across the steering wheel, and forms small pools in the backseat. Bullet casings lie nearby. According to eyewitnesses and police accounts, the police officers and the attackers were locked in a gun battle for 15 minutes. "One of the police...

Author: /time Magazine | Title: Attack on Sri Lankan Cricket Team: Echoes of Mumbai? | 3/3/2009 | See Source »

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