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...supervision, managers are allowed to distribute more bonuses to their workers, although some excesses in the practice have been criticized recently by Peking. With fewer agencies of the national government to report to, the city government has been able to coordinate and streamline industrial operations. Chongqing Iron and Steel Plant No. 3, for instance, manufactures rolled sheet steel for the Post and Telecommunications Equipment Factory, three miles away. Under the old system, the material had to be shipped to a central government warehouse 150 miles away in the Sichuan provincial capital of Chengdu, and was then transported back to Chongqing...

Author: /time Magazine | Title: China: The World's Largest City | 4/18/2005 | See Source »

...grocery stores and a pair of gas stations. Founded in 1913 and named for the niece of the region's largest landowner, Beulah was populated mostly by farmers and coal miners. Then, in 1978, the Department of Energy announced that it would finance a $2.1 billion commercial synthetic-fuels plant, the first in the U.S., to be built on the outskirts of Beulah. Operated by a five-member consortium of energy companies, including Tenneco and Transco Energy, the 600-acre project would turn coal into natural gas and be the centerpiece of the Government's efforts to produce substitutes...

Author: /time Magazine | Title: Shattered Hopes for Synfuels | 4/18/2005 | See Source »

Today Beulah is a town in crisis. Great Plains has lost much of its Government backing. Moreover, its synthetic fuel is uneconomical because the price of imported oil is falling. The plant may be shuttered within a month, dealing a devastating blow to the community, the state of North Dakota and the future of synthetic fuels. Great Plains has an annual payroll of $36 million, employing 973 people and generating more than 5,000 additional jobs in the area. Says Cynthia Lynk, executive director of Beulah's Chamber of Commerce: "If the plant closes, we'll have businesses shutting down...

Author: /time Magazine | Title: Shattered Hopes for Synfuels | 4/18/2005 | See Source »

...million for a Department of Energy program of synfuels research. The Senate is expected to pass a similar measure. As Congress has grown increasingly skeptical of synfuels, so too has the DOE. Last month it decided to withdraw $1.4 billion in aid to Great Plains. As a result, the plant's private consortium of owners announced that it was pulling out of the project...

Author: /time Magazine | Title: Shattered Hopes for Synfuels | 4/18/2005 | See Source »

Great Plains is now under the control of the DOE. Last week the department sent a team of investigators to inspect Great Plains and confer with plant managers. Some employees hoped the Government would find a way to keep the project running. Said Michael Mujadin, the operations director: "Once they see things for themselves, I'm confident the DOE will let us continue." But that may prove impossible if Congress decides to cut off synfuels funding...

Author: /time Magazine | Title: Shattered Hopes for Synfuels | 4/18/2005 | See Source »

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