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...March from 2008, the latest in a nearly unbroken year-and-a-half streak of falling sales. And if the cratered economy is the main culprit behind backed-up inventory at U.S. car dealers, another is that American automakers have failed to produce the more fuel-efficient vehicles that gas-price-conscious car buyers are beginning to demand. As a result, the U.S. still sends hundreds of billions of dollars overseas for oil - and adds ever more greenhouse-gas pollution into the atmosphere...

Author: /time Magazine | Title: Cash for Clunkers: A Green Deal to Help Detroit? | 4/15/2009 | See Source »

...sources do exist. A legislative proposal that is still pending approval by the Massachusetts State Legislature calls for increasing the tax on gasoline sold in the state, a measure that could eliminate the MBTA’s budget deficit. Beyond solving the fiscal problems of the commonwealth, the proposed gas tax also promises to keep more cars off the road...

Author: By The Crimson Staff | Title: Believe in the T | 4/14/2009 | See Source »

...Chinalco has tabled a $19.5 billion bid for British-Australian resources giant Rio Tinto. Beijing has launched a fund to buy distressed assets worldwide, inked a deal with Brazil's Petrobras and provided Russia with a $25 billion loan in exchange for a secure future stream of oil and gas. (Overall, Chinese enterprises are on track to invest double the amount abroad this year than in 2008.) And compared to the past, when Western stockholders expressed concerns about selling assets to China, today companies are just glad for the cash. China's Export-Import Bank, for instance, has offered...

Author: /time Magazine | Title: How China Is Capitalizing on the Economic Crisis | 4/13/2009 | See Source »

...least, perhaps, because Beijing has, for the first time, started warning the West not to take for granted its massive investments in their currencies and bonds. Capitalizing on this grace period, China has shored up its ties to repressive states such as Iran by signing a $3 billion natural-gas deal, challenged American ships off the coast of China and cracked down hard in Tibet for the 50th anniversary of the 1959 uprising. Yet Beijing has largely avoided high-level censure. In Washington, the State Department released a statement on the repression in Tibet in the name of a spokesman...

Author: /time Magazine | Title: How China Is Capitalizing on the Economic Crisis | 4/13/2009 | See Source »

Most dietary interventions work by checking methogens - microbes that thrive in oxygen-free environments like cows' guts, where they convert the available hydrogen and carbon (by-products of digestion) into methane, a colorless, odorless gas. "We encourage well-to-do farmers to use oilseed cakes, which provide unsaturated fatty acids that get rid of the hydrogen," Singhal says. Another solution is herbal additives. Some commonly used Indian herbs such as shikakai and reetha, which go into making soap, and many kinds of oilseeds contain saponins and tannins, substances that make for lathery, bitter meals but block hydrogen availability for methogens...

Author: /time Magazine | Title: Cows with Gas: India's Global-Warming Problem | 4/11/2009 | See Source »

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