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...here to stay, governments still need to act to send long-term signals to alternative energy investors. Price matters less than certainty, knowledge that an outlay in clean power will still be worthwhile 5, 10 or 15 years down the road. That could take the form of a carbon tax that sets a floor on oil prices, a cap-and-trade system that could do virtually the same thing or mandated standards that require the use of less carbon-intensive fuels. (California attempted to go the last route, mandating steep reductions in carbon emissions from cars, but the Environmental Protection...

Author: /time Magazine | Title: The Green Upside to $100-a-Barrel Oil | 1/2/2008 | See Source »

...television screens and in mailings throughout Iowa and New Hampshire. That Romney is nonstop negative, and jingo-crazed about the perils of illegal immigration. He offers exclamations, not balm: John McCain wants to make 'em citizens! Mike Huckabee gave them college scholarships! And McCain voted against the Bush tax cuts! And Huckabee pardoned all these criminals when he was Governor of Arkansas, while Romney pardoned not a single one of his Massachusetts felons...

Author: /time Magazine | Title: A Tale of Two Romneys | 1/2/2008 | See Source »

...George H.W. Bush learned, you can't run for President pretending to be one thing and succeed in office as someone else (Bush ran as a viciously negative, antitax populist instead of the thoughtful, tax-raising moderate that he actually was). Romney reminds me a bit of Bush the Elder. He seems very intelligent. His candidacy had real potential. But I don't think Romney believes a word he says on any of the red-meat issues that he's been using to bludgeon his opponents. Which is why he says those things only on television, where he doesn...

Author: /time Magazine | Title: A Tale of Two Romneys | 1/2/2008 | See Source »

...Under federal rules, churches and other tax exempt organizations are barred from explicitly supporting or opposing a candidate. Church leaders, however, can still encourage congregants to participate in elections or caucuses, and they may discuss general political issues, like abortion and marriage, from the pulpit. Leaders can also endorse candidates in their capacity as private citizens...

Author: /time Magazine | Title: A Dirty Trick Against Huckabee? | 1/2/2008 | See Source »

...anonymous mailings includes a seven-year-old news article about a church that lost its tax-exempt status after paying for a newspaper ad that criticized former President Bill Clinton. Another mailing warns church leaders against "campaigning" for a candidate, before announcing in capital letters: "IT WILL LAND YOU IN THE SLAMMER!" The letter, which is signed by "Concerned Christian," then suggests that churches should avoid even more anodyne political involvement. "With Sen. Grassley holding hearings on exactly this issue in Washington DC, we can't be to careful!!!!" it states, with a notable misspelling. Hollinger said the letters were...

Author: /time Magazine | Title: A Dirty Trick Against Huckabee? | 1/2/2008 | See Source »

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