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...together a successor to the expiring Kyoto Protocol. Speaking with Obama at the White House today, German Chancellor Angela Merkel said that the bill represented a "sea change" for the U.S., so long a world pariah on climate change. "I would not have thought it possible a year ago," she added. But the bill's emissions cuts still fall far short of what the European Union has proposed, and are even further away from the massive short-term cuts major developing countries have demanded. "In terms of what the U.S. will take on as a target, one year doesn...

Author: /time Magazine | Title: What the Energy Bill Really Means for CO2 Emissions | 6/27/2009 | See Source »

...flaws, Waxman-Markey remains a legislative achievement, and even doubtful environmentalists hope to be able to strengthen it in the future if it becomes law - especially if Americans come to realize that cap and trade isn't the end of the economy. "No one looking at this three months ago would have estimated that we'd end up here," says Cochran. But if this is the most that is politically possible in America, we're in trouble, because climate change demands far more. "We are at an extraordinary moment, with a historic opportunity to confront one of the world...

Author: /time Magazine | Title: What the Energy Bill Really Means for CO2 Emissions | 6/27/2009 | See Source »

...it’s no secret publishing is in trouble. The cookbook author in the booth next to ours, a 25-year BEA veteran, said the massive convention used to be much bigger not too long ago. Certainly, publishers made several efforts at the conference to tackle technology, print publications’ number-one challenge: Agents ran around trying to find “mobile partners” that could transform their books into apps on your favorite brand of cell phone; BEA itself hosted presentations such as “Book Bloggers—Today’s Buzz...

Author: By Nathaniel S. Rakich | Title: Judging an Industry by Its Cover | 6/26/2009 | See Source »

There is real news in Italy: Ghadaffi came to Rome to visit Berlusconi, the G8 conference is coming to L’Aquila, and just a few days ago there was another earthquake in the medieval city, unemployment in Europe is at an all-time high, and voter-turnout in Italy is low. Why waste ink on Berlusconi’s philandering? Let his wife’s divorce lawyer deal with that. There are plenty of policy issues that the left could use to attack Berlusconi, but let’s leave sex out of this. Seriously, Italy, don?...

Author: By Sofia E. Groopman | Title: When Sex Shouldn’t Matter | 6/26/2009 | See Source »

From most accounts, the Kang Nam 1 is a rusty old freighter, inching along at a paltry 10 knots an hour. By Thursday, it was believed to be chugging through Chinese or Taiwanese waters, having left the North Korean port of Nampo a week ago, and headed, according to the South Korean press, to the Burmese port of Thilawa. Its cargo is unknown; Burma's state newspaper claims authorities expect the arrival of a "rice-bearing" North Korean vessel, though most news reports suspect the Kang Nam 1 bears a load of small arms and other conventional weapons. North Korea...

Author: /time Magazine | Title: Why Burma May Be North Korea's Best Friend | 6/26/2009 | See Source »

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