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That the bill - also known as Waxman-Markey after its co-sponsors, the Democratic Congressmen Henry Waxman and Edward Markey - is historic is obvious, as it marks the first successful attempt by Congress to address climate change at a national level. But as the bill moves to the Senate, where...

Author: /time Magazine | Title: What the Energy Bill Really Means for CO2 Emissions | 6/27/2009 | See Source »

First of all, it's important to understand what the climate-change bill does and doesn't do. The bill includes a raft of energy-efficiency provisions and a renewable-energy standard that will require 20% of all U.S. electricity to come from alternative sources by 2020. Chiefly, though, Waxman...

Author: /time Magazine | Title: What the Energy Bill Really Means for CO2 Emissions | 6/27/2009 | See Source »

The bill's opponents - Congressional Republicans, along with the oil industry and the National Association of Manufacturers, among others - say cap and trade amounts to a massive tax on U.S. energy, which mostly still comes from carbon-intensive fossil fuels like coal. That's partially true - the whole point behind...

Author: /time Magazine | Title: What the Energy Bill Really Means for CO2 Emissions | 6/27/2009 | See Source »

No one who hasn't witnessed an Indian summer can imagine the unyielding heat that sucks the earth bone-dry and churns up the fearsome dry wind - the loo - that wilts everything in its path. By mid- to end-June, the monsoon usually covers most of India, bringing down the...

Author: /time Magazine | Title: The Truant Monsoon: Why India Is Worried | 6/26/2009 | See Source »

Some agriculture experts even see a potential silver lining to the absentee clouds. They hope the truant monsoon will jolt India's bureaucracy into action to implement much-needed and long-delayed agricultural reforms, as well as improve India's water resources management. Steps should be initiated to link the...

Author: /time Magazine | Title: The Truant Monsoon: Why India Is Worried | 6/26/2009 | See Source »

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