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...weren't yet fed up with the seeming inability of governments to get anything done, December's U.N. climate summit in Copenhagen might have pushed you over the edge. Representatives of 192 nations gathered for two weeks with the goal of hammering out an international environmental accord, and instead parliamentary stasis reigned. Late-night negotiating sessions went nowhere, powerful developing nations like China seemed determined to block any progress, and the U.S. itself - which still hasn't passed a carbon cap of its own - lacked much diplomatic leverage. As late as the evening of Dec. 16 - just two days before...

Author: /time Magazine | Title: After Copenhagen, Getting Business into Green Tech | 1/15/2010 | See Source »

...Leno experiment, NBC now says it's going "back to basics." If only it could. I hope the end of Leno at 10 will open room for great new shows on NBC, but the basics of TV aren't going to revert back to the flush 20th century days. Instead, NBC will focus not on inventing TV's next business plan but on trying to be one of the networks left standing when the old plan finally craps out. Simple tooth-and-claw survival: it's the oldest business model...

Author: /time Magazine | Title: Lessons of Leno: Why the Future Failed for NBC | 1/14/2010 | See Source »

...they were selling to customers, like mortgage bonds or stocks. In late 2008, investment bank UBS instituted such a plan. The executives, however, said forcing banks and other employees to hold on to products they were selling would cause conflicts of interest and limit their ability to do business. Instead, the executives said they instituted so-called clawback provisions, which allow banks to reclaim compensation from bankers who sell products that cause the firm losses down the road. Because of time constraints, the executives were asked to respond to the panel in writing whether clawback provisions have ever been used...

Author: /time Magazine | Title: Bank CEOs Continue to Fight Financial Reform | 1/14/2010 | See Source »

...from wetlands. Global food requirements mean that we can't cut back seriously on rice paddy cultivation, and wetlands are far too important to the environment as groundwater filters and buffers against coastal floods. "I just don't see any way to control methane emissions from wetlands," says Palmer. Instead, we'll need to focus on methane emissions from man-made sources - like landfills or natural gas drilling - and cut what is still greenhouse...

Author: /time Magazine | Title: How Wetlands Worsen Climate Change | 1/14/2010 | See Source »

...years by opposition from Germany and France - by saying it was in Germany's interests to forge close links between Turkey and the E.U. The CSU hit back immediately by reiterating its opposition to Turkey's E.U. membership, saying it was ready to offer a "privileged partnership" to Ankara instead. In the past, Merkel has backed a privileged partnership instead of full membership for Turkey, putting a damper on the country's hopes of ever joining the club. (Read "Angela Merkel's Moment...

Author: /time Magazine | Title: For Germany's Merkel, a Terrible Start to the Year | 1/14/2010 | See Source »

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