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...business opportunity is in carbon trading, of which there are two forms. The first is the batch of global mechanisms set up under the Kyoto agreement and administered by the U.N., of which the Clean Development Mechanism (CDM) is the most important. If a country with a Kyoto target finds it too difficult or costly to reduce its CO2 emissions, it can instead buy "certified emission reductions" from developing countries (which have no such targets). "Certified" means the U.N. has to be satisfied that the reduction would not have occurred anyway and that it has not been offset by increased...

Author: /time Magazine | Title: What's Green and Goes Pop? | 5/21/2008 | See Source »

...since December has so far failed to tame mortgage interest rates; the average rate on a two-year fixed deal with a modest deposit rose to 6.94% in April from 6.6% the previous month. Annual inflation in the U.K. hit 3% in April, well beyond the government's 2% target, making further cuts soon highly unlikely. The central bank offered in late April to swap around $100 billion of lenders' old mortgage debt for safer government bonds, but the effect on the housing market has been muted. "It certainly isn't going to reverse all the changes in lending policies...

Author: /time Magazine | Title: Trouble at Home | 5/21/2008 | See Source »

...voting groups John McCain will target this fall, none would seem like more of a sure thing than this country's war veterans. So why is the celebrated Vietnam War hero and POW bracing for a potentially bad week with so many men and women who have served in uniform...

Author: /time Magazine | Title: Does McCain Have a Vets Problem? | 5/20/2008 | See Source »

Opponents also charge that "right to die" laws unfairly target women, minorities and the poor. Some critics say that women and minorities are quicker than others to feel like a financial or emotional burden to their families, and may be more easily persuaded to end their lives. Research from Colorado State University shows that of the 75 suicides Michigan doctor Jack Kevorkian assisted through 1997, 72% were women, and more than three-quarters of those women, while certainly ill and suffering, were not expected to die within six months. Others worry that the law could coerce people with disabilities into...

Author: /time Magazine | Title: A New Fight to Legalize Euthanasia | 5/16/2008 | See Source »

...lesions could be removed by surgery, as his previous ones were. Recurrent growths are trickier, since they are more likely to originate not on the skin but deeper in the body. Once melanoma spreads, it generally cannot be effectively treated with surgery or radiation, which are designed to target contained growths. Chemotherapy drugs and medications that stimulate the immune system are options, but some may not be suitable for McCain, doctors say, because of his age and the toxicity of the treatments...

Author: /time Magazine | Title: How Healthy Is John McCain? | 5/14/2008 | See Source »

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