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...Verhofstadt's caretaker administration has been tasked by King Albert II to manage pressing problems such as the 2008 budget, the Belgian troop presence in Lebanon, and the rise in food and fuel prices. Last Saturday, about 20,000 people took part in a demonstration called by unions to protest against the political state of paralysis and the aforementioned price hikes. Last week, the Belgian central bank said inflation would speed up next year to its highest rates of the decade, while economic growth will slow more than previously projected. On top of that, the European Commission has also warned...

Author: /time Magazine | Title: Belgium Finally Gets a Government | 12/21/2007 | See Source »

...more for the case to make its way through the courts, delaying efforts to control greenhouse gases. Coming after a string of relative victories for the environmental movement - the first federal climate change bill just passed out of committee, and the new energy bill represents the first increase in fuel economy standards in decades - the EPA move is especially disheartening. "It's going to take time, and it does set back progress," says Robinson. "But there's going to be a wave of opposition to this...

Author: /time Magazine | Title: California's Clean-Air Slapdown | 12/20/2007 | See Source »

TIME'S Kristin Kloberdanz sat down with Gov. Arnold Schwarzenegger and Mary Nichols, chairperson of the California Air Resources Board, in Fresno, California to discuss the Environmental Protection Agency (EPA) denying the right of California and 16 other states to set their own fuel emission standards. The Governor was clearly frustrated though he remained genial. Excerpts from the interview...

Author: /time Magazine | Title: Schwarzenegger vs. the Feds | 12/20/2007 | See Source »

TIME: How frustrating was the EPA ruling? SCHWARZENEGGER: I always start with the positive. I was very happy that Congress and that the President signed into law [an improvement for] fuel efficiency of the vehicles by the year 2020. That is the first time in a long time, which, of course doesn't say much for the United States.... But it's good news. So that's number one. It's one of those things that you get that news in the morning and then a few hours later, then you get the real bad news. Which is that they...

Author: /time Magazine | Title: Schwarzenegger vs. the Feds | 12/20/2007 | See Source »

MARY NICHOLS: Just to put a legal point on that, the [Corporate Average Fuel Economy (CAFE)] legislation which is part of the Energy Bill [passed by Congress] is not a greenhouse gas emission standard. It's a totally different thing. The argument that somehow because we now have a CAFE standard that means we shouldn't be regulating greenhouse gases, it just doesn't hold water, it makes no sense...

Author: /time Magazine | Title: Schwarzenegger vs. the Feds | 12/20/2007 | See Source »

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