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...Research, warns that Germany's solar industry will falter if current policy changes: "The major point of criticism says that [solar] is too far from being competitive. It's a political question of whether the country wants to keep subsidizing it." Utility companies must now pay 8.36 euro cents per kW-h to windmill owners; for solar, the price is far higher, at 51 euro cents. The utilities charge about 20 euro cents per kW-h, with consumers paying an extra 0.5 euro-cent charge per kW-h to fund green energy...
...Americans also are spending more per person than in the past. One reason is a cultural need for more efficiency - as our incomes rise, we need to spend on tools that help us make more money, says Larry Compeau, an associate professor of marketing at Clarkson University in Potsdam, N.Y. "Two-car family? Of course, how else are you going to get to work?" Compeau asks. "Cell phones? Most companies want to be able to contact you even if you are at home having dinner." We even feel the need to get the most out of our leisure time, spending...
...where is all the money coming from to buy, and do we have enough of it? According to the U.S. Bureau of Labor Statistics, we earned average after-tax incomes of about $22,000 per person in 2004 and spent about $17,000 per person. That means Americans save very little of what they earn and end up paying for much of what they buy on credit. "Credit cards have allowed a whole different way of buying," says Cynthia Jasper, a professor of consumer science at the University of Wisconsin-Madison. "People are saving a lot less and spending...
...Boathouse, Harvard finally got all 2,000 meters right.Throughout the dual season, the Crimson tanked after settling into a base cadence off the race’s opening high 20. So in Camden, Harvard opted not to settle, racing the whole 2,000 meters at an unfathomable 41 strokes per minute.At the halfway point, the Crimson stood dead even with Cornell. The boats exchanged inches in the last 1,000 meters, hurtling down the course in a back-and-forth slugfest made more dramatic by the alternating surge of each crew’s bow ball.Everyone expected No. 1 Cornell...
...mail. Do you use Web-based e-mail programs like Gmail or Yahoo! mail? If so, be sure to include the phrase "tags: photos_of_the_year " on a new line at the bottom of the e-mail. We're sorry, but we can only accept one photo per reader. Good luck! By submitting your photo, you hereby grant to TIME and Time.com a non-exclusive, perpetual, worldwide license to publish, distribute and exhibit the photo you submit, in any manner and in any medium, without payment to you or any third party. You represent and warrant that you have...