Word: booming
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Just how much a hydropower boom will help is uncertain. The steepness of the hillsides along the Nu mean that much of the valuable farmland abuts the river and will be flooded by dams. The new residences for the Xiaoshaba residents looks more like a middle-income Hong Kong housing estate than a rural Chinese village. But despite the exterior improvements, villagers are upset that they can no longer raise livestock outside their homes. One former resident of the now-demolished village says his family lost valuable cropland and the payment offered by the government is not enough to compensate...
...that buried rubbish is a wasted resource, says the Institution of Civil Engineers, which claims the trash the U.K. throws away could provide 17% of its energy needs. But while some speculate that Britain could soon embark on an incinerator building boom, there are problems as well. Even with sophisticated and costly scrubbing technologies in place, critics say incinerator smokestacks still release too many pollutants. Moreover, because only very large operations are economical, incinerators are ever-hungry for massive amounts of waste, which can discourage recycling. The Isle of Wight impressively recycles 50% of its household waste, so the gasification...
...recent incidents of xenophobia in South Africa not only reveal the brutality of some criminals, they also show the government's difficulties in fighting poverty. Although South Africa's economy has been growing steadily, people in the townships have not really benefited from the economic boom. Adrian Lobe, Stuttgart, Germany...
...over Pennsylvania's oil region in the 1860s--although subsequent overproduction drove prices so far down that at one point, a wooden barrel was worth twice as much as the oil it contained, according to Daniel Yergin's definitive tome on oil, The Prize. But as the oil boom took hold and the barrel size was set at 42 gal. (160 L), Pennsylvania's roads became clogged with horse-drawn wagons piled high with the containers, prompting construction of the first oil pipelines (made of wood) and leading 25-year-old John D. Rockefeller to form what became the Standard...
...Though Corning’s financial position was strong throughout the 1990s, its fortunes dropped sharply following the end of the dot-com boom when the company’s large investments in optical communications soured. As the stock fell to just five percent of its previous value, Corning’s board turned to their trusted leader to revive the company, even though he had been retired for six years...