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...greens, that denial was a sign of just how intransigent the Bush Administration had become on global warming. Not only would the Bush EPA refuse to take action on its own to slow the growth in carbon emissions, it would actively prevent states - even ones with Republican governors - from taking steps on their own. Now, with Obama directing his EPA to reconsider the waiver - and new EPA head Lisa Jackson has said that she would "very, very aggressively" review the request - the door is open to California once again taking the lead on cleaner cars. "It's a tremendously important...

Author: /time Magazine | Title: Obama's Move on Fuel Efficiency: A Clean Win for Greens | 1/26/2009 | See Source »

...Israel has vowed to finish the job of sealing the tunnels to prevent Hamas from acquiring longer-range missiles - and has sought international cooperation to close the arms pipeline - but achieving that won't be easy. Israel's blockade has left Gaza's 1.5 million residents relying on the tunnels as their economic lifeline. Everything from medicine to cement to chocolate bars to lion cubs for the zoo has entered Gaza through hundreds of deep, sandy holes. Says Aymad, a tunnel digger who wears a Palestinian kaffiyeh wrapped around his head: "The Israelis destroyed dozens of tunnels, but many more...

Author: /time Magazine | Title: As Truce Teeters, Gaza's Tunnelers Dig Undeterred | 1/25/2009 | See Source »

...with the 2000 bill, he claimed, was establish that interest-rate and currency swaps - two relatively uncontroversial forms of over-the-counter derivatives - couldn't be regulated as futures by the CFTC. At the time, credit-default swaps weren't on the radar, and the bill didn't prevent the Securities and Exchange Commission or bank regulators from stepping in with new rules...

Author: /time Magazine | Title: Phil Gramm Says the Banking Crisis Is (Mostly) Not His Fault | 1/24/2009 | See Source »

...halt to all federal regulations not yet finalized until the new team could review them. For the environment, that meant Obama was able to save the gray wolf from being removed from the Endangered Species Act and block a pair of new air-quality rules, including one that would prevent the regulation of greenhouse-gas emissions from oil refineries. (Read "High Hopes for Obama's Green Dream Team...

Author: /time Magazine | Title: Obama Cleans Up After Bush | 1/24/2009 | See Source »

...Legal experts doubt that Israelis could be hauled before the International Court of Justice in the Hague, because Israel, like the U.S., is not party to the treaty that created it, and also because the U.S. and European governments would likely prevent such a course of action. What worries authorities in Jerusalem is that many European countries are signatories to a Geneva Convention that allows their courts to arrest and prosecute individuals accused of committing war crimes in other countries. Such legal options, Israel fears, may be used to bring politically motivated charges against its citizens. The daily Yedioth Ahronoth...

Author: /time Magazine | Title: Could Israelis Face War Crimes Charges Over Gaza? | 1/23/2009 | See Source »

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