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...Although it is not required under the legislation, the state will be under pressure from business to set up a trading scheme, similar to the greenhouse gas market in Western Europe, that allows companies to buy and sell carbon dioxide permits. Thus, industries that cost more to clean up can buy the permits from companies that can cut emissions more cheaply, and reduce their costs. "A cap-and-trade program, which has been used for controlling acid rain in the U.S., will give industry flexibility," says Jason Mark of the Union of Concerned Scientists, a science-based non-profit...

Author: /time Magazine | Title: Making Good on California's Global Warming Gambit | 9/1/2006 | See Source »

...contend that technologies and strategies already exist to meet a sharp reduction in carbon emissions from power plants, oil refineries and other sources. And better technology, they insist, will be developed as a result of the new law. "California is positioning itself to become the hub of a new clean energy economy based on solar energy, ethanol and other renewable fuels," says Bernadette del Chiaro of Environment California, a Sacramento-based group. "These will be the next Silicon Valley industries for California to export to the rest of the world...

Author: /time Magazine | Title: Making Good on California's Global Warming Gambit | 9/1/2006 | See Source »

...Still, few doubt that the task is daunting. No one is even certain how much greenhouse gas every industrial plant emits, since the federal government has hitherto fought off lawsuits to force the regulation of carbon dioxide as a pollutant under the Clean Air Act. That issue will be argued before the U.S. Supreme Court next December. But regardless of the outcome, California's new law, which was adopted by the legislature Thursday and is expected to be signed by Schwarzenegger next week, would require that its industries measure exactly how much they emit by 2008. Then...

Author: /time Magazine | Title: Making Good on California's Global Warming Gambit | 9/1/2006 | See Source »

...Shiny and black, the Sansa is about twice as thick as the nano, and has a ring that glows blue when used to navigate the clean colorful user interface. The ring is raised a little too high to easily tap the four buttons surrounding it, but that sort of interface issue tends to fade away with constant...

Author: /time Magazine | Title: SanDisk Sansa e280 MP3 Player | 8/30/2006 | See Source »

...Marshes act like sponges during storms. They suck up all the dirt and debris and keep it from traveling inland. But right now, the sponge is disgusting and dirty. And you have to clean a filthy sponge before you can use it again. The plan is to get all the hazardous materials out of the swamp by Christmas, take out all the white appliances like refrigerators, and then remove the electronics like televisions and computers. Afterwards the refuge officials will burn off the wood and dead grasses. "Fire is our plow," LaBauve says. "I figure if they can rebuild Iraq...

Author: /time Magazine | Title: Hurricane Rita's Toxic Wake | 8/29/2006 | See Source »

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