Word: costs
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Dates: during 1970-1979
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Measured in terms of its cost on a daily basis, the $5 billion price tag attached to the Egyptian-Israeli peace treaty comes to about 1½? a day for each of us. That is low-cost insurance...
...resigned when his recommendations were overridden: "The top men at the NRC grew up [in the AEC] with the dream of nuclear energy. For that dream to work, it has to be economical. Even though they are only supposed to be regulating for public safety, these people take the cost of regulation into consideration and make safety decisions on that basis...
...England, around Chicago, parts of the Southeast-atomic plants supply about half of all electricity. Shutting them would lead to blackouts and brownouts that would gravely threaten public health and safety. Electricity bills would soar, cruelly pinching low-income homeowners, as utilities were compelled to turn to higher-cost sources of energy. Some power companies would be forced to buy still more foreign oil at prices of up to $20 a barrel, fanning inflation, weakening the dollar and tying the U.S. energy future yet more tightly to the explosive politics of the Middle East. M.I.T. Physicist Henry Kendall, a leader...
...should be on duty in the control room of every reactor round the clock, armed with full authority to take over at the first sign of trouble, order a shut down if that seems necessary, direct all emergency procedures for closing the plant-and damn what it may cost. At present, this responsibility is borne largely by utility-company employees, who, with the best will in the world, cannot avoid thinking about the costs to the company. In addition, computers at all U.S. nuclear plants should be wired in to a central NRC monitoring station, so that the first blip...
...zakat, is levied against an individual's assets for the benefit of the community. The principle of wealth-sharing extends to governments as well. Saudi Arabia distributes about 7% of its evergrowing G.N.P. (estimated at $66 billion in 1978) to less privileged Muslim states in the form of low-cost loans and gifts. By comparison, U.S. foreign aid last year amounted to only one-third of 1% of G.N.P. Mahbub Haq, an economist with the World Bank, foresees a billion-dollar World Muslim Foundation, financed by oil-rich Middle Eastern states, that will organize and provide aid for poor Islamic...