Word: low-cost
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...future of coal will dictate the future of the climate. Plants in the U.S. that burn this low-cost, high-carbon fuel account for about 40% of the country's greenhouse-gas emissions, not to mention other air pollutants. Right now there are about 600 coal power plants in the U.S., and an additional 110 are in various stages of development. Without ways to capture the carbon burned in coal and sequester it underground, new plants all but guarantee billions of tons of future carbon emissions and essentially negate efforts to reduce global warming. "Business as usual can't continue...
...Cutting arts funding is a symbolic measure more than it is a practical one. As Frank Rich ’71 said in The New York Times, “Bashing the NEA, like boosting school prayer, is a high-profile, low-cost way for the Gingrich G.O.P. to distract the faithful while avoiding the hard choices about cutting multibillion-dollar entitlements that might really downsize the budget.” The NEA got cut off at the knees because it was easier—and much more popular—for House Speaker Newt Gingrich to blame Robert Mapplethorpe...
...says his company, which makes coats for export, is in solid financial shape and will likely fare better than low-cost competitors. But securing credit remains a major problem for Hong Kong's small business community. "Right now we're facing trouble," he says. "The banks are advising us that they may have to tighten our credit. They're giving letters to warn us they may cut our credit in the future...
...research scientist at a company called PocketSonics, helping to create an easier-to-use ultrasound system. “The question I faced was how do I take a clunky $200,000 machine that isn’t very portable and make it into a small, portable, low-cost device,” Ranganathan said. “I got started down this road as a result of my dad, who is in the pharmaceutical industry,” Ranganathan continued. “I’ve always been interested in health care, and I thought briefly about whether...
...only option remaining. Polo doesn't see the logic in trying to keep the airline afloat just to maintain its Italian identity, and he expects that Italy's No. 2 airline, AirOne, and foreign carriers will almost certainly fill the profitable Rome-Milan route, while low-cost carriers will jump on other Italian destinations. "The market will do its job," he says. "This kind of evolution would bring more competition." A significant number of laid-off Alitalia employees would eventually be rehired by other airlines, he says...