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...those who care about forests and the climate, the promise of REDD is undeniable. The truth is that weaning the world off fossil fuels will be a monumentally difficult and expensive process, one that will demand technological innovations we haven't yet thought of. But halting deforestation, while not cheap - Britain's Stern Review in 2006 pegged the price at $5 to $15 billion a year - is doable now, provided we have the political will. If you want to know why, visit Noel Kempff. Its biological value was incalculable, but to the people who lived in the forest, its only...

Author: /time Magazine | Title: Green Banks: Paying Countries to Keep their Trees | 12/4/2008 | See Source »

...passed--and who knows if any ever will. Will Craven, a spokesman for Forest Ethics, says that's partly because marketers pour millions of dollars--and lobbying savvy--into manipulating our mail: "We now have a runaway supply of junk in the face of shrinking and even resentful demand." (See TIME's special report on the environment...

Author: /time Magazine | Title: De-Cluttering Your Mailbox | 12/4/2008 | See Source »

...official drought level is 1,125 ft.) If the water continues to decline, says marine geophysicist Tim Barnett of the Scripps Institution of Oceanography, "buckle up." Barnett co-authored a study estimating a 50% chance that a combination of climate change and increased demand could render Mead effectively dry by 2021. Mulroy doubts Barnett's dire conclusion, but she knows Las Vegas--and the world beyond--faces an existential crisis over water. "This is about being able to survive as a human being," she says. (See pictures of the world water crisis...

Author: /time Magazine | Title: Dying for A Drink | 12/4/2008 | See Source »

Washington's frustration is understandable. But with Pakistan denying all responsibility for the Mumbai attacks, India has no good options. All New Delhi can do is demand that the well-intentioned but ineffective government in Islamabad crack down on terrorist groups, dismantle their camps, freeze their bank accounts, and arrest and prosecute their leaders. There is little appetite in Pakistan for such action. And the fear remains that expecting Zardari to fulfill even India's minimal demands might be asking him to sign his own death warrant...

Author: /time Magazine | Title: After the Horror | 12/4/2008 | See Source »

...While it may be extreme to expect U.S. district attorneys to demand the heads of Wall Street executives, the financial crisis has raised the stakes on white-collar sentences...

Author: By Alexander R. Konrad | Title: Real Execution | 12/4/2008 | See Source »

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