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...Open Europe Research Director Hugo Robinson said the climate change plan "comes at exactly the wrong time for hard-pressed families all around Europe," and "will channel money towards very expensive and inefficient means of reducing CO2 emissions, imposing unnecessarily high costs on people struggling through already tough economic conditions...

Author: /time Magazine | Title: Is Europe Backsliding on Climate-Change Targets? | 10/16/2008 | See Source »

...even if the E.U. can still honor the spirit of its climate change commitments, they might have to be scaled down, according to Simon Tilford, chief economist at the London-based Centre for European Reform (CER). "It was always going to be tough, but it is now much, much harder," he says. "It would be too pessimistic to say the whole agenda will be derailed. But it is difficult to see how it can be kept on track in its current form...

Author: /time Magazine | Title: Is Europe Backsliding on Climate-Change Targets? | 10/16/2008 | See Source »

...High debt levels aren't the only problem with the Macquarie-model funds, according to a tough review by corporate governance service RiskMetrics. It found that the funds also pay too much for assets and charge too much in fees, and that their operations lack transparency. "Our real concern is disclosure," says director Dean Paatsch. "The investment funds are asset vehicles that have outsourced 100% of the assets' management to a third-party company, but the terms ? are not known...

Author: /time Magazine | Title: End of the Toll Road? | 10/16/2008 | See Source »

...status as a great American singer, Lucinda Williams has never been most people's idea of an easy one--someone whose music you'd trot out at a wedding, say, or any other event where keening is frowned on. Williams isn't po-faced; she's so tough that misery, mostly in the form of doomed men and rotten luck, never stands a chance. It's just that in the Williams songbook, misery never seems to stop coming around, which is why the first track on her ninth album, Little Honey, is such a shock. It's called "Real Love...

Author: /time Magazine | Title: Sweetness and Light | 10/16/2008 | See Source »

...criminals free than to kill one innocent person—it seems wrong to risk taking an innocent life. But the larger question might be: Is the death penalty even an ineffective deterrent? In fact, experts on criminology tend to reject such notions as a flawed understanding of being tough on crime versus evidence-based reasoning about what works. Lawrence Sherman—Professor of Criminology at the University of Pennsylvania—explained in an article for The Daily Pennsylvanian: “There’s no evidence that the death penalty does anything to reduce homicides...

Author: By The Crimson Staff | Title: Still Cruel, Far Too Usual | 10/16/2008 | See Source »

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