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...Environmental groups have been largely disappointed with Democratic efforts to fulfill their campaign promises to increase the use of renewable energy and reduce greenhouse gas emissions, and they always knew getting a favorable bill out of the Senate - which Democrats control by just a single vote - would be tough. But they hoped that a lot could be fixed in conference with the House, which Democrats control by a much larger majority. But to the environmentalists' dismay, when House chairmen floated their bill last week, it came out even weaker than the Senate version - with more lax fuel efficiency standards...

Author: /time Magazine | Title: Green Concerns Over the Energy Bill | 6/19/2007 | See Source »

...overall legislation would expand energy efficiency and renewable fuel incentives, end many tax breaks for oil and gas companies, increase the mandate on biofuels (such as ethanol made from corn and soybeans) from 6 billion to 36 billion gallons, authorize a carbon sequestration pilot project (which would trap carbon emissions underground) and make price gouging on oil and gas a federal crime. Ironically, it was meant to be the easy one of the two planned global warming bills. The second, expected later this summer, would set a cap on and establish reduction timetables for carbon emissions...

Author: /time Magazine | Title: Green Concerns Over the Energy Bill | 6/19/2007 | See Source »

...immigration bill, though he has promised to finish the measure before July 4 recess. The bill probably has enough in it pleasing to other constituencies - farming states love the biofuel provision, wind states like the renewable incentives and most Democrats want to see the tax breaks for oil and gas companies go away - to pass Congress. But Democrats will have their work cut out for them to appease environmental groups if the bill is passed over their objections...

Author: /time Magazine | Title: Green Concerns Over the Energy Bill | 6/19/2007 | See Source »

...hours managing China's rising influence in Asia, which threatens to marginalize the U.S. and our close ally, Japan. And he or she will have real problems with Russia, which although domestically weak throws its weight around overseas, jockeying for clout in the former Soviet Union and using its gas exports to bully Western Europe. Dealing with Moscow and Beijing will require strategic judgment, not humanitarian action. And if Democratic candidates avoid it, they risk confirming the stereotype that Democrats see foreign policy as social work and flinch at hard-nosed calculations of national interest...

Author: /time Magazine | Title: America's Foreign Policy Trap | 6/14/2007 | See Source »

...Luther King, Sammy Davis or Dinosaur. This is because there was a Bill France Sr.--was there ever. Big Bill grew up poor in Washington and had less than $100 to his name when he moved his family south during the Depression, seeking work. He found it in a gas station in Daytona, Fla., a town that loved gas. Soon France was helping organize stock-car races on the beach. After the war, France, 6 ft. 5 in. and with a booming voice, decided to bring order to a ragtag racing scene that sometimes saw promoters skip town without paying...

Author: /time Magazine | Title: King of the Road: Bill France Jr. (1933-2007) | 6/7/2007 | See Source »

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