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...acre forest of puffing smokestacks that make up the Jindal South West steel factory. Opened a over a decade ago, Jindal South West has over the past several years claimed an estimated $150 million in carbon credits thanks to its internationally recognized status as a part of the Clean Development Mechanism (CDM) administered by the U.N. under the Kyoto Protocol. But while the steel plant's efforts to reduce its emissions may in a very small way be helping the earth's atmosphere, villagers complain any benefits are lost on them. "Since the plant has come, the village's water...

Author: /time Magazine | Title: An Indian Village Sees the Downside of Carbon Trading | 12/3/2009 | See Source »

Seventy-five dollars is a lot of money. It can get you 68 purchases on the McDonald’s dollar menu, 44 trips on the subway with a CharlieCard, 37 loads of clean laundry, 15 one-scoop waffle cones at JP Licks, a full magical day of fun at Disneyland, or maybe even a flight home. This sum is also the amount that students are charged on their termbills each semester by Harvard to fund student groups and support the activities of the Undergraduate Council...

Author: By Eric E Liao | Title: Fees U Don't C | 12/2/2009 | See Source »

...multimillionaire athlete will be issued a citation for reckless driving, according to local authorities.) Dubbed a "New York City party girl," Uchitel insists the Enquirer's report is false and says she has met Woods only on two brief occasions. Nevertheless, the maelstrom of attention surrounding the clean-cut Woods' accident has turned Uchitel into a full-blown media star - at least for the moment. (See more about Tiger Woods' rich Florida community, Isleworth...

Author: /time Magazine | Title: Rachel Uchitel: Tiger Woods' Alleged Mistress | 12/2/2009 | See Source »

...Europe has also been vocal in its frustrations over rebuilding efforts in Afghanistan. A report prepared for E.U. governments in October said the current nation-building efforts have been too slow, with political reform and clean government almost nonexistent in spite of eight years of U.S. and European assistance. "The situation in Afghanistan is deteriorating," the report said...

Author: /time Magazine | Title: Will Europe Answer Obama's Call for Troops? | 12/2/2009 | See Source »

...course, Obama did speak of strengthening governance, though with a pointed message that "the days of providing a blank check [to Afghan President Hamid Karzai] are over." Still, how he would do so, and what would happen if Karzai's government did not clean up its corrupt ways, was unclear. Officials say the most likely punishment would be a withdrawal of U.S. and foreign funding to those ministries that are clearly corrupt or that underperform. As for development, Secretary of State Hillary Clinton, speaking on Monday in New York, said Washington's "goals in Afghanistan include providing the government with...

Author: /time Magazine | Title: Skepticism Greets Obama's Speech in Afghanistan | 12/2/2009 | See Source »

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