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...usual argument put forth by global-warming skeptics for why we shouldn't rush to do anything yet is that the science behind climate change is uncertain--and in fact it is. While there's little doubt that humans are helping heat up the planet, the questions of how much, how quickly and leading to what consequences are fiendishly difficult to pin down. That's because the actual climate is still far more complicated than any existing computer model can accurately reflect, making predictions iffy at best. Some natural processes nobody has yet thought of could end up blunting...

Author: /time Magazine | Title: Has the Meltdown Begun? | 2/19/2006 | See Source »

...PRESIDENT DESPERATE TO TURN THE corner after a wretched 2005, last week's circus was the last thing he needed. This has been a season of doubt about the Administration's competence, candor and instinct. In serial scenes of domestic violence, Republicans are attacking their own. An all-Republican House panel concluded last week that Homeland Security Director Michael Chertoff made decisions during Hurricane Katrina "late, ineffectively or not at all." Secretary of State Condoleezza Rice was grilled about Iraq by cranky Republican Senators: "I don't see, Madame Secretary, how things are getting better," said Chuck Hagel of Nebraska...

Author: /time Magazine | Title: One Thousand and Sixty-Five Days To Go | 2/19/2006 | See Source »

...Lauvergeon will no doubt get over her disappointment soon, since Areva emerges as a big winner even though it lost out to EDF. That's because, as the price of selling 15% of its equity to the public, EDF agreed to invest as much as $47.6 billion over the next five years, mostly in France. Since nuclear power accounts for more than 75% of France's electricity, a good chunk of that money is likely to go toward upgrading existing plants or building new ones. EDF's dominant supplier: Areva, which has already picked up an order...

Author: /time Magazine | Title: energy: Re-Energized in France | 2/19/2006 | See Source »

...former congressional staffers, Shockey made $1.5 million, according to his House financial disclosure form. He helped win at least $150 million in pork for an array of clients at the lobbying firm of Copeland, Lowery, Jacquez, according to Taxpayers for Common Sense. As with most successful lobbyists, it no doubt helped that he was tight with committee members and staff. As part of his new career, Shockey and his firm also helped his old boss raise hundreds of thousands of dollars to help the GOP keep its majority, according to the San Diego Union-Tribune, which first reported on some...

Author: /time Magazine | Title: The Lobbying Game: Why the Revolving Door Won't Close | 2/16/2006 | See Source »

...Ahmadinejad seems none too worried about U.N. sanctions. As he no doubt sees it, Russia and China are unlikely to go along with such punitive measures, because of their deep economic interests in Iran. The wider international community, he knows, is concerned that a crisis involving Iran could spike oil prices even higher. And he surely calculates a certain advantage to Tehran in relation to Washington right now, created by the foreign policy challenges the Bush Administration faces in Iraq and in the Palestinian territories, where Iran now enjoys influence with key local players...

Author: /time Magazine | Title: Behind Iran's Nuclear Defiance | 2/15/2006 | See Source »

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