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...public domain.And the company said it remains committed to the goals of the project. “We’re dedicated to helping the world find information, and there’s too much information in books that cannot yet be found online,” David Drummond, general counsel and vice president of corporate development, wrote on Google’s corporate blog Wednesday.HUL, which is not a party to the lawsuits, supports Google’s interpretation of copyright law and will continue with the project, Pforzheimer University Professor and Director of the University Library Sidney Verba...

Author: By Madeline W. Lissner, CONTRIBUTING WRITER | Title: New Suit Filed Against Google | 10/21/2005 | See Source »

Having survived the storm and the chaos that followed, those who remained in the city absorbed the evacuation orders with a mix of resignation and rage. Tom Drummond, a bassist with the alternative rock band Better Than Ezra, performed on the CBS Early Show two days before Katrina hit. Although his home in the Garden District survived, his wife's new clothing store was looted in the hurricane's aftermath, only days after her fall collection had arrived. Drummond plans to tour while his wife stays with her family in McComb, Miss. "Got to go where...

Author: /time Magazine | Title: Life Among the Ruins | 9/12/2005 | See Source »

...Indeed, Rapf predicts that "there will be little trading in the next three years and the price will be minimal ... Buyers will be scarce in the first few years." So far, fewer than 20 companies have been trading regularly, says CO2e managing director Steve Drummond. "Emissions trading is just getting under way," says Shell's chairman Ron Oxburgh, whose company has been experimenting with schemes since 2000. "But in three or four years it may be very significant...

Author: /time Magazine | Title: Emission Impossible? | 2/13/2005 | See Source »

...forward contracts, tailored between buyers and sellers for delivery at a future date. Given the stumbling blocks, the fledgling emissions market has yet to achieve much. More than 1 million emissions allowances - each equivalent to one metric ton of CO2 - change hands each week in electronic trading alone, Drummond says. (CO2 is considered the biggest atmosphere offender, but methane, nitrous oxide and three other gases also are due to be traded according to their CO2 equivalents.) Conducted in "clips" of 5,000 metric tons, the typical trade is 10,000 to 20,000 tons. That weekly volume represents about...

Author: /time Magazine | Title: Emission Impossible? | 2/13/2005 | See Source »

...start of 2004 - but has inched upward again, closing at ?7.23 last Friday. The trading system is designed to limit greenhouse gases to specified targets while minimizing compliance costs - and fining offenders, starting at ?40 per ton in April. So if the price is very low, says Drummond, it could be argued that the targets should have been higher. Still, he adds, the system is in its formative phases and as it grows, so will the price. As in other markets, the brokers earn their money through transaction fees paid by buyers, sellers or both, depending on contract terms...

Author: /time Magazine | Title: Emission Impossible? | 2/13/2005 | See Source »

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