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Whatever their strategic differences, both Suez and Veolia turn water into cash in the same basic way: securing long-term concessions from public authorities to run, maintain and, if necessary, build water and sewage systems, but not buy them. Both reject the notion that they are privatizing water. "We're delegated providers of a public service," insists Frérot. The idea is to stay "asset light" and profitable while running publicly owned facilities. "In France we've developed over many years a kind of partnership between public and private that works well in the water sector," says Chaussade...
...greenhouse gases in China and India, where billions of these carbon credits are traded. Sure, you can pretend you're offsetting Western greenhouse pollution by supposedly cleaning up a dirty coal plant in China. But China is adding a new coal plant every week. You could build a particularly dirty "uncapped" power plant, then sell hundreds of millions in carbon credits to reduce it to a normal rate of pollution. The result? The polluter gets very rich. The planet continues to cook. And the Gores of the world can feel virtuous as they burn up the local power grid...
...audience is growing fast, and there is a certain inevitability to Schmidt's vision of a world where all content producers succumb to the rules of the Web. Hagel, a veteran at parsing the strategic implications of the Internet for business, thinks established media should be trying to "build relationships with audience members" by recommending content made by others and encouraging participation. He's probably right about this, but lots of purely online companies--among them Yahoo! and, yes, Google--are working on it too. The upshot is that content may increasingly have to stand, or swim, or sink...
More than two decades ago, the Harvard University Art Museums (HUAM) hatched a plan to build a skybridge between the Arthur M. Sackler Museum and the Fogg Art Museum. Designed to carry people and art, it offered the possibility of a physical link between museums that, although next door to each other, are seperated by more than just Broadway. The bridge never got built, but current plans for renovations and a new museum in Allston will seek to span the gaps in the University’s museums.Over the years, the University has always grappled with how to reconcile...
...chose “Julius Caesar” because they believe it’s the best of Shakespeare’s plays to put on. Mead: It’s almost like two plays within one. The first act is amazing, because there’s all this build up and then there’s an assassination. The second act, though, is just action-packed, and there’s so much irony within it. It’s weird because—not to play on words or anything—but there?...