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...dependent credit will drop from $300 to $100. Vehicle owners will now pay an annual license fee that is 1.15% of their car's value (up from 0.65%). One increase was avoided. In order to secure Republican Abel Maldonado's vote, a 12 cent on the gallon gas tax was nixed (Maldonado also included an open-primary measure and removed a stipulation that would have cost legislators their salaries during times of overdue budgets...

Author: /time Magazine | Title: With a New Budget, Now Californians Brace for the Pain | 2/21/2009 | See Source »

...carbon footprints, however, will only apply if the idea is applied on a large scale. PepsiCo should be applauded for its first efforts, but, in order to give meaning to the numbers, other companies must follow its lead. For example, PepsiCo’s investigations revealed that one half-gallon carton of orange juice costs the equivalent of 3.75 pounds of carbon dioxide. To most people who don’t spend their lives in laboratories, this number signifies absolutely nothing—yes, it is the result of growing oranges, running a factory, and transporting the orange juice...

Author: By Malcolm-wiley T. Floyd, CRIMSON STAFF WRITER | Title: More Taste, Less Carbon | 2/17/2009 | See Source »

...friend's house in Cambridge, Mass. Everyone kept saying, "He's winning, he's winning," but I wouldn't let myself celebrate until Wolf Blitzer said he was President. Then I cheered, and we all cried and drank about another gallon of champagne...

Author: /time Magazine | Title: 10 Questions for Henry Louis Gates Jr. | 2/5/2009 | See Source »

...Crude oil tops $140 per bbl. American consumers pay upwards of $4 for a gallon of gas at the pump...

Author: /time Magazine | Title: A Brief History Of: Fuel Efficiency | 1/29/2009 | See Source »

Time was, Americans didn't worry much about miles per gallon. The first cars had small engines and got stellar gas mileage--as high as 21 m.p.g. for the Model T. But as vehicles got faster and larger and grew tail fins, efficiency plummeted. Congress didn't set fuel standards until after the oil embargo of 1973. By 1985, efficiency had improved dramatically, but momentum slowed as the government let standards stagnate. President Barack Obama's support for raising fuel efficiency to 35 m.p.g. by 2020--a move that could save 2 million bbl. of oil a day--has environmentalists...

Author: /time Magazine | Title: A Brief History Of: Fuel Efficiency | 1/29/2009 | See Source »

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