Word: european
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Casting about for some bright ideas for fall, several European designers landed on a good one: the great outdoors. How else to explain the gaiters paired with heels at Fendi, the duck boots at Hogan or the scene at Prada?where models stomped out in high-heeled, high-fashion leather versions of Wellington boots and waders chic enough to keep a real angler current...
...This weekend, a European delegation makes the E.U.'s first official visit to Zimbabwe since it imposed sanctions on Mugabe and his lieutenants in 2002. Mugabe welcomed them "with open arms" before the talks began in Harare on Saturday. But E.U. development commissioner Karel De Gucht, who is leading the two-day mission with Swedish development minister Gunilla Carlsson, was careful not to name names before he set off. "There is an urgent need for all parties to fulfill their obligations," he said. "By doing this, the E.U. can once again fully re-engage with Zimbabwe and help the country...
...Senate, U.S. firms could be required to do the same. But in its bid to meet ambitious targets on greenhouse gas reductions, Europe looks set to try taxing emitters. The French plan, says Christian Egenhofer, head of the energy and climate program at the Brussels-based Centre for European Policy Studies, is just "the first salvo." (See pictures of ways to boost energy efficiency...
...Sarkozy compares his new tax to other divisive issues in the country's recent history that went on to win public backing, from abolition of the death penalty to decolonization. But momentum behind the idea of such a tax in Europe has been sluggish in recent years. Instead, European governments have thrown their weight behind the E.U.'s Emission Trading Scheme (ETS), which, since 2005, has granted the region?s industries a limited number of permits to emit harmful gases. Companies that pollute less than their allocation can sell their remaining permits to others that are busting their limits...
...pledged to slash greenhouse gas pollution by a fifth of 1990 levels by 2020. But the bloc's Emission Trading Scheme only covers around 40% of its emissions. The U.S. plan, by comparison, will cover roughly double that portion, says Simon Tilford, chief economist at the Centre for European Reform in London. (Unlike the U.S., Europe, didn't include the petroleum sector in its own scheme, preferring to more heavily tax the industry instead.) Extending the "fiendishly complicated" system, as Tilford calls it, would be enormously difficult. Brussels "is worried that this system is not yet fully perfect," says Egenhofer...