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...coal and natural gas but also a new currency known as greenhouse-gas credits. These credits represent, in effect, the right to emit a certain amount of carbon dioxide, methane or other gases thought to contribute to global warming. Such credits trade in earnest in nations like Britain and Denmark, which have capped emissions from such sources as factories and power plants. And the credits are trading on an experimental basis in the U.S., as industries anticipate the eventual imposition of similar emission limits here...

Author: /time Magazine | Title: Green Business: Selling Smoke | 3/10/2003 | See Source »

Right now, the United States donates less as a percentage of its Gross Domestic Product—only one tenth of one percent—than the other 21 most industrialized nations. Denmark, the Netherlands, Norway and Sweden all meet or exceed the United Nations’ suggested amount of 0.7 percent. Surveys by the Maryland-based Program on International Policy Attitudes and The Washington Post have indicated that Americans advocate, on average, spending at least five or ten percent of the federal budget on aid. Ten percent would be $223 billion; five percent, $111 billion. Both of these numbers...

Author: By Nicholas F.B. Smyth, | Title: Fight Suffering With Foreign Aid | 3/6/2003 | See Source »

...Iraq might be beneficial for President Bush. It could allow him to once again play the part of the great uniter of the American people against the evil enemy--as was the case after Sept. 11--and thus improve his chances for re-election in 2004. ASBJORN ANDERSEN Vanloese, Denmark...

Author: /time Magazine | Title: Letters: Feb. 24, 2003 | 2/24/2003 | See Source »

Greenpeace 'McDonald's Forget global warming. Hell must be freezing over: the enviro group Greenpeace praised McD's, usually a top target, for opening the world's first hydrofluorocarbon-free restaurant, in Denmark...

Author: /time Magazine | Title: It's Not Easy Being a Greenback | 1/19/2003 | See Source »

...Russia. His case has become a cause célèbre: the actress Vanessa Redgrave guaranteed his €78,000 bail. Zakayev, 43, is an envoy of Chechen separatist leader Aslan Maskhadov; Moscow calls him a terrorist. He was briefly detained by British authorities upon his arrival from Denmark, where he spent more than a month in custody. Copenhagen let him go, saying there wasn't enough evidence to support Russia's accusations against...

Author: /time Magazine | Title: World Watch | 12/15/2002 | See Source »

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