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...promise of biofuels like ethanol is that they will someday help the world grow its way out of its addiction to oil. Nine billion gallons of corn ethanol were produced in the U.S. in 2008, while countries like Brazil have already widely replaced gasoline with ethanol from sugar cane and countless start-ups are working to bring cellulosic and other second-generation biofuels to market. The reasoning is that if we use greener biofuels in place of gasoline, it will significantly enhance our effort to reduce greenhouse-gas emissions...

Author: /time Magazine | Title: Tallying Biofuels' Real Environmental Cost | 10/23/2009 | See Source »

...linked to a global policy to stabilize carbon concentrations in the atmosphere at 550 parts per million - a modest goal - we would need more land for biofuel production by the end of the 21st century than is currently used for all food crops. Worse, all the fertilizer needed to grow those bioenergy crops would increase emissions of nitrous oxide, an extremely potent greenhouse gas, and water supplies would also be stressed. "We have to think about this very carefully," says Melillo. "We need to have a complete analysis about the unintended consequences of biofuels." (See pictures of the 2008 global...

Author: /time Magazine | Title: Tallying Biofuels' Real Environmental Cost | 10/23/2009 | See Source »

...creating safe nuclear power; sustainable -- sustainably grown biofuels; and then the energy that we can harness from wind and the waves and the sun. It is a transformation that will be made as swiftly and as carefully as possible, to ensure that we are doing what it takes to grow this economy in the short, medium, and long term. And I do believe that a consensus is growing to achieve exactly that...

Author: By June Q. Wu | Title: Obama Disses Harvard, Pushes Clean Energy | 10/23/2009 | See Source »

Ballooning federal debt will be a big theme, maybe the biggest, advanced by Republicans in the midterm elections. To counter the impression Republicans are trying to create that universal health care is going to grow the deficit, Obama has wisely made this claim a tough sell by insisting that health-care reform be deficit neutral. Why not take something that Republicans currently are clamoring for, in spite of the fact that it costs a staggering amount of money, and force them to prove their fiscal-conservative bona fides? Surely, the Republicans will oppose any surtax and lose...

Author: By Clay A. Dumas | Title: Operation Enduring Deficits | 10/23/2009 | See Source »

...that seems like a no-lose formula, it's worth remembering that one of the biggest entertainment corporations in the U.S. (2008 revenues: $37.8 billion) is relying on teenagers for a major source of revenue. Even worse, on celebrity teenagers. They grow up, change their minds, get less cute, rebel, make choices their fans' parents don't approve of. (Seminaked Vanity Fair shoot, anyone?) They're on Twitter and Facebook. The opportunities for doing something irresponsible are legion...

Author: /time Magazine | Title: Making New Mileys: Disney's Teen-Star Factory | 10/22/2009 | See Source »

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