Word: burnings
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Forget that it looks like coal. And will burn like coal. It's now called "synthetic fuel." As such, the coal-like product, along with roughly 50 million tons of similar stuff from more than 50 similar plants in Pennsylvania, West Virginia, Alabama and other states, is worth more than $1 billion a year in federal income-tax credits, a corporate giveaway protected by a bipartisan group of supporters in Congress. Those who have profited from the system range from fast-buck artists to giant corporations. They include one of the nation's largest hotel operators, a commodities trader barred...
Electric utilities that have a stake in synthetic-fuel plants and burn their own product have achieved stunning financial results. Through 2002, Progress Energy Inc., a holding company for public utilities that generate electricity in North Carolina, South Carolina and Florida, raked in $897 million in tax credits from the program. SCANA Corp., the holding company for South Carolina Electric & Gas, reported that it received $58 million in tax credits from an investment of "approximately $2 million" in synthetic-fuel partnerships. That works out to a return of 2,800%. Think of the numbers this way: if you invested...
...there wasn't much he could tell them, not that he could prove, at least. Just before the war, he recalls, the chiefs at the MIC had told people like him involved in the weapons program to hand over some of their documents and burn the rest. "They didn't realize at that time the Americans would insist on every single document," he says. "They thought the [U.S.] attacks would come and that would be it." When in the years after the war U.N. inspectors kept demanding a paper trail, the superiors got nervous. They "started asking...
Just how you choose which foods you burn in your chromatograph can make a difference too. A small strawberry may taste different from a plump strawberry; a just-ripe one will taste different from one that has gone pulpier and sweeter. For subtler flavorings, technologists may not want to touch the fruit at all, instead simply sampling the volatile gases it gives off. IFF scientists sometimes place a glass shroud around a carefully cultivated plant in a field or greenhouse, draw off the sweet, rich air with a syringe and use that as their flavor template. "It gives...
...good week for obsessive fans with cash to burn. Designer Emmy duds worn by stars like JENNIFER ANISTON and James Gandolfini are up for bid on eBay to benefit autism and environmental CHARITIES. OTHER FAMOUS FACES GOING ONCE...