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Worse, as demand for biofuels go up - the European Union alone targets 5.75% of all its transport fuel to come from biofuel by the end of the year - the price of crops rises. That in turn encourages farmers to clear virgin land and plant more crops, releasing even more carbon in a vicious cycle. For instance, as the U.S. uses more biodiesel, much of which is made from soybeans or palm oil, farmers in Brazil or Indonesia will clear more land to raise soybeans to replace those used for fuel. "When we ask the world's farmers to feed...

Author: /time Magazine | Title: The Trouble With Biofuels | 2/14/2008 | See Source »

...little discernible impact on investment and jobs. Legislation that took hold in October allowing companies and workers to step around the legal 35-hour work-week limit hasn't done much to stiffen French work habits. And though his showdown in November with militant unions and striking transport workers over generous special pensions was hailed as an unprecedented success, Sarkozy still hasn't produced a final agreement to end that conflict, which could flame anew when talks on tightening general retirement schemes open this spring...

Author: /time Magazine | Title: The Sharp Spur of Adversity | 2/14/2008 | See Source »

...That's a fair comment. So is there anyone else rash enough to criticize this planet-saving scheme? Step forward Livingstone's chief challenger Boris Johnson, the Conservative candidate for mayor. He responded to Livingstone's announcement with a statement attacking the "appalling state of the transport system" and suggesting that the new charge will hit poorer families who can't afford to exchange their old bangers for new, clean cars. "In effect, the mayor has just given the green light for richer people to buy smaller cars and enter the zone for free while families who struggle with...

Author: /time Magazine | Title: Taxing the Gas Guzzlers in London | 2/12/2008 | See Source »

...charge probably won't deter London's superrich from tooling down Park Lane in their Lamborghinis, and Johnson is right that affluent households may just add a brace of low-emissions cars to their private transport options. A small increase in traffic as people take advantage of the exemption is unlikely to worry the Mayor, whose main aim is to wean people off private cars and onto buses, tubes and bikes. He says the scheme will be monitored and the exemption repealed if "hordes of people with a malignant turn of mind rush out to buy [low-emissions] cars just...

Author: /time Magazine | Title: Taxing the Gas Guzzlers in London | 2/12/2008 | See Source »

...ease pressure on the stricken transport system, Guangdong authorities encouraged migrant workers to spend their holiday in the province. Still, millions still tried to make the journey. For many, like Zang, that proved impossible. His employer, the Hengda Real Estate Group, says about 3,000 of the 10,000 migrants it employs in Guangdong stayed behind over the holiday. Li Xiao, the company's Guangdong general manager, says Hengda will spend $300,000 over the next week to offer banquets, parties and outings for its workers. "They have helped make us rich," Li says. "We have to look...

Author: /time Magazine | Title: A Bitter Beer with the Boss | 2/6/2008 | See Source »

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