0 The Michigan Daily - michigandaily.com SPEAKER From Page 1 Throughout his speech, Portney advocated amarket-based approach to both of these problems. Citing stats that show the U.S. uses far more petroleum per per- son than the rest of the world, Portney said importing about 12 million barrels of oil each day, as the U.S. currently does, causes many severe problems for the country. He said reducing con- sumption is necessary and raising petroleum prices would be "by far, thebestwaytodoit."Americauses 25 billion barrels of petroleum per year, about five times more than the world's average nation. Portney said the three tradi- tional solutions to energy chal- lenges - efforts to convince people to consume less, govern- ment-financed technological development and direct regula- tion at the federal level - won't go far enough to curb consumption. Throughout the talk, Portney stressed that government should not dictate the country's energy and fuel sources in the future. "One thing I don't think gov- ernment is good at, no matter how smart the people are, is figuring out what sources of fuel we should be using 10 or 15 years from now," he said. "I'd rather just get the prices right and let all the smart entrepreneurs figure out how to live within that." He suggested a similar, market- based approach to making energy production carbon-free. He said reducing carbon emissions is necessary because the repercus- sions of global warming would be immense. Portney said half of the coun- try's energy is now produced by burning coal, which "produces a hell of a lot of carbon." Another 20 percent of the country's energy production produces even more greenhouse gases, he said. He proposed a tax on green- house emissions that would gen- erate revenue for a government facing an enormous national debt. But he said he expected a cap and trade system instead, which President-elect Barack Obama supports. Under a cap and trade system, the government would require every business that produces greenhouse gases to reduce its emissions by a certain percentage. Businesses able to cheaply reduce their emissions below the cap would then be permitted to sell their surplus reduction to compa- nies. Portney addressed a number of other current political issues, including the idea of using corn- based ethanol as fuel. "We need to do research on alcohol, I just think we picked the worst one in ethanol," he said. "That wasn't based on climate sci- ence - it was political science." He also lampooned Obama's suggestion to create a so-called "car czar" who would oversee the automobile industry's restructur- ing. "I think that this is one of the worst ideas of all time and I hope it gets abandoned," he said. "I think a car czar would be a death knell for the car industry." LSA freshman Brandon Leb- owitz said he attended the event because he felt energy manage- ment will soon become an impor- tant national issue. Asa pre-admit to the Business School, he said he was especially interested to hear Portney discuss the benefits and drawbacks of a cap and trade sys- tem. First year Rackham student Di Gao said she attended the lecture to learnmore about the policy side of energy use as she worked on the technical side in her chemistry courses. "Energy is a really crucial issue today because we are running out," she said. BAILOUT From Page 1 The bill puts a government over- seer named by Bush - a kind of "car czar" - in charge of setting guide- lines for an industrywide overhaul, with the power to revoke the loans if the carmakers weren't takingsuf- ficient steps to reinvent themselves. House Speaker Nancy Pelosi, D-Calif., said the restructuring would require tough concessions from management, labor, creditors and others. "We call this the barbershop. Everybody'sgettingahaircuthere," Pelosi said. Still, the White House said a preliminary look at the draft didn't appear to contain strict enough conditions to ensure that long-term financing would be available only to companies that could survive, according to officials who would comment on the continuing nego- tiations only on condition of ano- nymity. The crux of the White House's FACULTY PERKS From Page 1 athletic director, even if nottrue." In his presentation, Riles said there's a chance the perks practice "attracts faculty members included to view big-time football more favorably than other faculty members do." There was a good deal of dis- sent among Assembly members over Riles's resolution, however, with many faculty saying that the resolution's passage would send a mesoage that the Senate Assembly doubted the integrity of faculty members on the APC. In a November letter to members of the Senate Advisory Committee on University Affairs, an executive body within the Senate Assembly, Athletic Director Bill Martin said discussions aboutthe potential con- concern is that there may not be enough clear, immediate protec- tion for taxpayers if a company is not meeting its own promises for long-term viability after review by the president's overseer. The lat- est proposal suggests Congress may have to get involved again in a few months and pass a law to force a company to stick to its own plan - a potentiallyunwieldy political step. Rep. Barney Frank, D-Mass., the House Financial Services Commit- tee chairman who is leading nego- tiations on the measure, said he was optimistic thatthe differences could be resolved. "There are a couple of specific issues to be negotiated. I think they can be worked out," Frank said Monday afternoon. Sen. Carl Levin, D-Mich., a key allyofthe auto industry, said getting the roughly 15 Republicans needed to support the plan was an uphill battle. "This is a real hill to climb. even if we can get agreement between the White House and congressional leaders," he said. flict of interest with the perks prac- tice should be held outside of the Athletic Department and directed to the Office of the Provost. Apart from Martin, many Uni- versity officials outside of the Sen- ate Assembly - President Coleman and University Provost Teresa Sul- livan, among them - have defend- ed the perks practice, saying that because the APC only serves an advisory role to the Office of the Provost, it eliminates the possibil- ity of a conflict of interest. While Riles was discussing the merits of his own resolution with Assembly members, Statistics Prof. Edward Rothman went before the Assembly to present a related reso- lution, which advocated for the dis- solution of the APC. Rothman proposed that, in place ofthe APC, regular academic advis- ers within each University school Even sympathetic Republicans weren'treadytosignon.Sen. George Voinovich, R-Ohio, has "numerous concerns" about the bill, including the strength of the taxpayer protec- tions and the role of the so-called car czar, said spokesman Chris Pau- litz. There are lingering differences between the administration and Congress on details of the czar's role and responsibilities, essentially a proxy fight between the White House and Democrats over wheth- er Bush or President-elect Barack Obama should have the final say on who runs the auto industry restruc- turing. Democrats are pressing to allow the presidentto choose other people beside the czar to help oversee the bailout, while the White House wants just one person tapped by Bush to have control. Congress Republicans and the White House also are balking at a requirement Democrats included in their proposal that the carmakers drop their opposition to efforts by California and several other states or college make decisions on ath- lete academic eligibility issues. The Assembly will also vote on Rothman's resolution at the Jan. 26 meeting. FIRST FACULTY-FUNDED SCHOLARSHIP AWARDED The first-ever University of Michigan Faculty Undergraduate Scholarship was awarded at yester- day's Senate Assembly. The scholarship, funded by donations from faculty and match- ing funds from Coleman, was awarded to LSA freshman Lama Bandar. A Dearborn Heights native, Bandar thanked Senate Assembly members for the award and said she hoped it would help with her future career plans. "It means so much to me," she Tuesday, December 9, 2008 - 7 to impose stricter emissions rules than the federal standard. In a press release distributed yes- terday, Rep. John Dingell (D-Mich.) said he believes the negotiations will end with some kind of aid for the auto industry. "There is a lot of hard work left to do, but Iam optimistic that these negotiations will produce legisla- tion that will help us avert a crisis that will have a catastrophic con- sequences for our nation," Dingell said. Pelosi is seeking that bar at the behest of environmentalists who are angry that money to bail out the auto industry will be drawn from an existing loan program that was meant to help the Big Three build greener vehicles that burn less gasoline. That's just one of several restrictions the bill places on the automakers while they're receiving the loans. -The Associated Press and Daily Staff Reporter Thomas Chan reported to this report. said. "I plan on pursuing a career in medicine, and this money will be extremely beneficial with that." Electrical Engineering Prof. Semyon Meerkov, chair of the scholarship's selection commit- tee, said the scholarship fund had raised $122,000 so far, but his goal was to reach $500,000 and award four individual scholarships to freshman students. Right now, the scholarship is worth $3,000 per year, and is renewable over four years if the recipient maintains a GPA of 3.0 or higher. Meerkov said the selection process begins with identifying incoming students who have close to a 4.0 GPA in high school. The finalists are asked to write an essay explaining how the scholarship will help them as students and in their future careers. the michigan daily AVAILABLE FALL. Beautiful 1 bdrm. apt. Hardwood floors, bay window, new kitchen. 2 blocks to campus. 734-944-2405. AVAILABLE JANUARY - room, 1 bdrm or house. fully furnished, flexible lease. Call today 734-741-9300 www.annarborapartments.net AVAILABLE NOW 1 bedroom. 428 S. Division. $875 negotiable. Call 734-996-1991 for viewing. AVAILABLE NOW. SHORT Term Lease. Large 6 bedroom house located on U/M Central Campus. Price re- duced. Call Michigan Realty, 734-662- 5500 or www.michcomrealty.com EHO FALL 2009: 6 bdrm./3 bath. at 502 Catherine. 5 bdrm./2 bath at 524 S. Fourth Ave. Call 734-207-3520. EVENING AND WEEKEND appoint- ments available too if you need them! Wilson White Management 734-995-9200 www.wilsonwhitemanagement.com CRAWFORD HOUSE Great 5 bdrm., 2 bath luxury apt. Still available at 1115 Willard. Free prkg. $3299/mo. Campus Realty 1335 South U. (734) 665-8825 www.campusrealty.com n WiIson ite I"E SPACIOUS I BDRM. at Hill and Church. $825 - $925. 734-260-4003. CAMPUS MANAGEMENT, INC. Visit www.CampusMgt.com for the most detailed listings in town! As you can see things are moving quickly- secure your housing now for next year. Call 663-4101 to schedule a personal showing! HOUSES AND LARGE APTS. 908 E. Ann St. -6 BR/ 1.5 BA / $2995 912 E. 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Woodchase Apartments; 734-998-1000 woodchase@ced-concord.com www.concordrents.com UP TO $500 OFF YOUR RENT May/Aug Leases Available Studio, 1, 2 & 3 bedroom 734-761-2680 UNIVERSITYTOWERS-MI.COM Varsity Management 734-668-1100 Studios, 1,.2, 3 and 4 bdrms 09/10 on Central Campus! VERY LARGE 3, 4, and 5 brm. apts. available for fall. Central Campus @ 214 North Thayer. Call (734) 657-2096 or visit www.um-housing.com WE HAVE ALL your housing needs from studios to6 bdrm houses in all lo- cations. Please contact Michigan Realty 734-662-5500 or www.michcomrealty.com for details. $10,000.00 (+) FINDERS FEE FOR YOU!!! Find me a buyer to purchase a beautiful, signed original, 50" x 24" flawless, framed, landscape oil paint- ing, depicting magestic mountains with a wandering stream flowing through the valley. The artist is Famed Psychic, PETER HURKOS, who in 1969, report- edly assisted Local Authorities in re- solving, 'The Ann Arbor Co-ed Mur- ders', right here in your town, plus many other high-profile cases. For a free, no obligation, info packet, email tishlel8@peoplepc.com EARN $1000-$3200 A month to drive new cars with ads. www.AdCarCity.com FUNDRAISE FOR THE U! $9.25- +/Hr. at Michigan Telefund. On cam- pus, flexible hrs. Students, apply @ telefund.umich.edu or 763.4400. GYMNASTICS INSTRUCTORS NEEDED for recreational, tumbling, preschool, and team coaches, will train the right person. Email response to InfinityGymAcad@aol.com or call 810- 610-2617. OFFICE ASSISTANT: AT least a 3.6 high school GPA, age 18 or older, job experience(s) extra-curricular activi- ties, computer skills. Very flexible hours. $12/hour. Part-time position. Send resume to flexskills@yahoo.com PART-TIME RECEPTIONIST needed for real estate office. 25-30 hrs/week incl. 9am-3 pm Sat. & Sun. Other hours flexible. Email bgersh@bouma.com PARTICIPANTS FOR A psychology experiment on simple perceptual judg- ments at U of M. One 2-hour 15 min. session, pays $25. To qualify, must be 18+, a native English speaker, and have vision correctable to 20/20. IRB #: HUM00020435. Email Natasha at nkalaida@med.umich.edu SPRING ADVERTISING/MAR- KETING/SALES INTERNSHIP. Earn great $$$ and gain valuable sales & marketing exp. working LOCALLY for "Plan-It Michigan," the FREE stu- dent day planner at UM. P/T hrs. GROAT RESUMB BOOSTER! Send resume to: MCH09.ocl01@hiredesk.net WEST SIDE FAMILY looking for en- ergetic, organized mother/father's helper for childcare, light housework, errands, cooking in busy family w/ 3 small children. Part/full time Jan-Sep. Please email letter of interest to John and Rebecca at jcu@ameritech.net or call 994-4938. SPRING BREAK REPS WANTED Free Travel & Cash www.sunsplashtours.com 1-800-426-7710 WOLVERINESNEEDJOBS.COM Paid survey takers needed in A2. 100% FREE to join. Click on Surveys. t icke s & trave SPRING BREAK 2009. Sell Trips, Earn Cash and Go Free. Call for Group Discounts. Best Prices Guaranteed! Best Parties! Jamaica, Cancun, Acapulco, Bahamas, S. Padre, Florida. Information/Reservations 1-800-648-4849 or www.ststravel.com SPRING BREAK PCB, FL: Condos next to clubs! $215/pers. 317-407-3636, I NEED A friend. I am currently a Ju- nior at the University of Michigan who has yet to make any friends and'was hoping you would be kind enough to be my friend. I'd love to get coffee and start a long lasting friendship. We can go to the movies or take walks in the arb. Anything that involves friendship sounds great to me. Please call (810) 923-8283 or email me at: klafata@umich.edu BOYFRIEND FOR VALENTINE'S Day wanted!!! Male senior student searching for a cute, muscular man. auschaff@umich.edu ARE YOU STAYING in AnnArbor this summer?Wantyourownroom?Indv.room available at 126 Hill.Close to ath.campus and IM. Price negotiable. fi :an _:ie-hP .. .l A MUSEUM OF The Andean Region Presents: One Region, Many Cultures. An exhibition of cultural topics. Please join us to learn and celebrate! 7-8:30 pm Duderstadt Center Gallery. Dec. 9th. Pn mnr :nf. tr:a _:rn~lmiharh.. fall 2009 Avoilobility: 12br/4ba 1307 S. State $5500 9br/ 4ba 916 Sybil $5775 8br/4ba 1302 S. Forest $3750 7br/2ba 335 E. Ann $4195 7br/ 2ba 222 N. Thayer $3995 6br/3ba 1814 Geddes $3795 6br/3ba 804 Lawrence $3545 6br/2ba 705 S. Division $3925 6br/2ba 507 Walnut $3995 6br/3ba200 Packard $3495 flnAy other Ufioleney to I2 Be Available tool 815 S. State - Between Arbor & Hill Lg. 2 Bdrm. apts (over 1100 sqft. each) Call David at 248.935.2159 or email 815SouthStateManagers@umich.edu 711 Arch - Between State & Packard 1, 2, 3 Bdrm. apts. Call Phil at 734.662.5270 Call above numbers or email for open house showings or please stop by! GREAT RENTAL FOR Winter sem. Close to campus. 1527 South U. Own room. Well maintained 4 bdrm. hse. $650/mo. Discount for immediate sign- ups. Text/call 646-221-7525. HISTORICAL BLDG- 1.5 blocks from campus. 5Bdrm.-$2,500,6 Bdrm.- -$2,800. Avail. Sept 1, 2009. 3 Parking spaces included for each unit. Unique, convenient. Call (734) 649-5549 any- time. LARGE FURNISHED 2 or 3 bdrm. apt. at 1111 S State, Near U-M bus stop, Avail. Now, Fall '09, Heat & wa- ter incl. Bale., A/C, prkg., ldry., $1000-$1650, No smkg./no pets. 734-996-3539 or 734-678-7250. ehtseng@comcast.net MAY LEASES STUDIO-3 bdrms avail on central or north campus. 741-9300 www.annarborapartments.net 1026 OAKLAND CHEAP, female, Jan-Apr. Email kreitz@umich.edu APTS., SUBLETS, & Rmmte(s). List and Browse FREE! All Cities & Areas. 1-877-367-7368 or www.sublet.com NEW LOWER PRICE on Traver. Share 4 bdrm duplex. 2 lg. rooms w/ lg. closets on sublevel w/ full bath. $350 ea. utl. pd smokers/pets/couples ok $500. 734-757-7750. For Wednesday, Dec. 10, 2008 ARIES (March 21 to April 19) Don't be lippy with bosses, parents or VIPs today, even though something might happen that is the absolute last straw. (Grrrr.) Don't quit your day job unless it's torturous. TAURUS (April 20 to May 20) Travel plans might be canceled today. Problems with publishing, the media, higher education, medicine and the law are likely to occur. Everything is unsta- ble. GEMINI (May 21 to June 20) Squabbles about inheritances, insur- ance matters, debt, other people's income and shared property are likely today. Guard your property. Avoid snap decisions. CANCER (June 21to July 22) Quarrels and squabbles with partners and close friends are likely today. People are uncooperative and unwilling to com- promise; in addition, they feel rebel- lious! (Uh-oh.) LEO (July 23 to Aug. 22) Expect interruptions at work today. Computer crashes, power outages, fire drills, staff shortages and canceled appointments are just some examples. Be prepared, and be patient. VIRGO (Aug. 23 to Sept. 22) This is an accident-prone day for chil- dren in your care. Be extra vigilant. Slow down and don't rush things, because your own energy can influence those around you. LIBRA (Sept. 23 to Oct. 22) Computer problems, appliance break- downs, power outages and minor break- ages at home are likely today. Family squabbles also might break out. Be part of the solution, not part of the problem. SCORPIO (Oct. 23 to Nov. 21) This is definitely an accident-prone day. Slow down! Think before you speak and act. Allow extra time for everything that you're doing. Take it easy. SAGITTARIUS (Nov. 22t o Dec. 21) You might find money today; you might lose money. If shopping, keep your receipts. Something having to do with your cash flow and your posses- sions is very shaky today. You also might break things. CAPRICORN (Dec. 22to Jan. 19) You feel restless, rebellious and nerv- ous today. Don't jump the gun or be quick to assume things. Give everyone and everything the benefit of the doubt and a lot of space. AQUARIUS (Jan. 20 to Feb. 18) You probably feel a bit restless and edgy today. Possibly, something you're working on or a relationship you have will suffer a setback or even a break- down. PISCES (Feb. 19 to March 20) Squabbles with friends and groups are likely today, perhaps because you feel so independent, rebellious and unwilling to take direction from anyone. Oh well. Everyone else feels this way too! YOU BORN TODAY You appear calm to others. You're gracious, cooper- ative and pleasant to others. People appreciate your sympathetic point of view; you are well-liked. Privately, you enjoy beauty, and you explore your spir- itual world. You're very genuine. A major change has taken place this year for many of you.eand now the dust needs to settle. Nest year will be wonderfully social and friendlier! Birthdate of: Emmanuelle Chriqui actress; Rob Blake, hockey player; Carolyn Kizer, author. LEGAL TROUBLE? MIP, DUITickets, Landlord Problems Call 888-4EH MIP-HELP Affordable Legal Assistance Call now for a free consultation c.l c r THESIS EDITING- LANGUAGE, organization, format. 25 yrs. U M exp 996-0566 or writeon@servnet 095 - . W. -AM CHILDCARE 2-3 days/wk. 6:30 - 8:30AM. References. Responsible. Own transportation. 734-769-1462. 090 PART-TIME: NEED responsiblefun loving individual to babysit my 5 and 11 year old boys after school. Flexible !!!BARTENDING!!! $300 /day poten- on days. Some driving is required. Ex- tial, Age 18+ ok. No exp. necessary, cellent pay with gas allowance. e-mail:- training provided. 800-965-6520 x 125. lgrosh@umich.edu 2008 King Features Syndicate, Inc.