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DeDominicis notes that there are contracting mechanisms that allow medical institutions to set up renewable energy projects on-site, without capital investment. There are also energy-purchasing programs like Practice Green Health's "virtual marketplace" model, which involves real-time reverse energy auctions on the Web: instead of buyers competing to purchase energy, sellers auction packages that include renewables. That drives down the price and narrows cost margins, and the savings allow for a higher percentage of alternative fuels in the package. For example, Ingalls Health System, a 563-bed hospital with satellite facilities in south suburban Chicago, bought...

Author: /time Magazine | Title: Putting Health Care on an Energy Diet | 11/10/2008 | See Source »

...rare, elite few. Yet, as Thornton argues, more people seem to be buying and consuming art than ever before. Structured as a series of seven day-long dips into the community's various subcultures, Thornton's book explores (among other things) the floating jealousies at a high-end auction, the exhausting, freewheeling process of an art school critique session, and the machinations behind the world's most prestigious art competition...

Author: /time Magazine | Title: The Art World, Demystified | 11/3/2008 | See Source »

...What They're Selling In Namibia: On Oct. 28, Namibia's government held the first legal ivory auction since 1999, with more than seven tons of elephant tusks raising over $1 million from buyers in China and Japan. The sale--sanctioned by an international-wildlife-trade agreement--will soon be followed by auctions in Botswana, Zimbabwe and South Africa, with the proceeds earmarked for elephant conservation efforts. Detractors say the auctions could rekindle black-market demand for ivory...

Author: /time Magazine | Title: The World | 10/31/2008 | See Source »

...Senator Obama’s plan, by contrast, is a breath of fresh air in an otherwise stale debate. Obama supports a comprehensive cap-and-trade emissions reduction scheme, which would auction off pollution permits to various firms. Obama has voted for critical tax credits to the renewable energy sector, including wind and solar energy companies. Additionally, Obama’s plan to invest a significant sum—up to $15 billion—in the development of alternative energy technologies represents a much-needed departure from the failed policies of the past eight years...

Author: By The Crimson Staff | Title: Obama for President | 10/31/2008 | See Source »

...Masriadi refuses to let you see what his art is about," explains his Singapore-based art dealer Jasdeep Sandhu. "He uses wit as a shroud." But the market is rewarding his often garishly executed work. My Adventure fetched just over $370,000 at a Sotheby's auction in Hong Kong last month; The Man From Bantul (The Final Round) went for over $1 million to set a new record for contemporary Southeast Asian...

Author: /time Magazine | Title: Black Humor | 10/30/2008 | See Source »

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