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Efforts like these tend to work only when there is constant on-the-ground monitoring, environmental groups say. Otherwise, funding is often diverted to other projects or siphoned off by corrupt officials. "The difference between success and failure in protecting wild areas is presence," says Alan Rabinowitz, director of science and exploration at the Wildlife Conservation Society, based at the Bronx Zoo in New York City. "The ones that fail are where a project is set up and walked away from...

Author: /time Magazine | Title: Let Them Run Wild | 8/26/2002 | See Source »

...headed the North Face and Esprit clothing companies. Tompkins spent some $15 million to acquire Pumalin Park, which stretches from the Chilean coast to Argentina. He is now buying land on the coast of Patagonia in southern Argentina to establish a reserve there. Other big private purchasers include Alan Weeden of New York City's Weeden Foundation, who has bought some 200,000 acres in South America and Africa, and Peter Buckley, a former San Francisco lawyer and head of Esprit-Europe, who has bought rain forest in Latin American nations...

Author: /time Magazine | Title: Let Them Run Wild | 8/26/2002 | See Source »

...product. Already fuel-cell buses, cars and small generators are being tested. Eventually, some visionaries say, fuel cells placed in individual buildings could replace many of today's giant electric plants. But that will not happen unless the technology is refined and the cost drops. "A hydrogen economy," says Alan Nogee of the Union of Concerned Scientists, a U.S. environmental group, "is the Holy Grail...

Author: /time Magazine | Title: The Winds of Change | 8/26/2002 | See Source »

...even lower than they were last autumn, and they may be headed lower still. Lehman Bros., Goldman Sachs and Deutsche Bank all predict that the benchmark short-term federal-funds target rate--at just 1.75%--will go to 1% by the end of the year as Fed Chairman "Sir" Alan Greenspan (soon to be knighted for his role in the global economy) dons armor against the double-dip recession dragon. A quarter-point cut could come this week. A lower fed-funds rate is bad news for savers. Yields on things like money-market funds and short-term bank...

Author: /time Magazine | Title: Can It Be Refi Time Again? | 8/19/2002 | See Source »

...Justice must prove criminal intent. Legal experts say it's extremely tough to win a case without a whistle-blower to testify about conniving conversations. Internal memos or spreadsheets and charts tend to confuse jurors. "Were these mistakes, or were they done with intent to defraud the public?" asks Alan Bromberg, a securities-law professor at Southern Methodist University in Dallas. "It's a very elusive kind of distinction...

Author: /time Magazine | Title: Jail To The Chiefs? | 8/12/2002 | See Source »

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