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...California. Peabody Energy, the nation's largest coal company, with 2005 sales of $4.6 billion, up 28%, and earnings of $423 million, up 140%, is in acquisition mode worldwide. The Bush Administration has put down its own $2 billion bet, largely by pursuing FutureGen, a next-generation coal- fired plant promising near zero pollution emissions--all in the hope of making the nation less oil dependent...
...TerraCycle is willing to take it, he might as well add. Negative costs drive the company's bottom line. Only the label on the bottle of TerraCycle's flagship product is new. The product is a ready-to-use organic plant-food spray, made from the excrement of worms fed on compost and packaged in repurposed soda bottles...
...baser terms, the man is selling worm s___ wrapped in used plastic. The company has earned accolades for its minimal environmental impact (and is happy to trash talk competitors on their records). And the plant food is a hit with retailers. TerraCycle rolled out its products en masse in the U.S. earlier this year. They're carried in more than 7,000 stores across the country. The privately owned company took in $1 million in the first quarter of 2006, and sales are growing 300% to 600% each year...
...this investment to begin with," says COO Gary Smith. "We wanted a way to capitalize." Today Modern provides the region with 12 megawatts, enough to power about 20,000 homes, and plans to expand to a 35-megawatt facility. In the meantime, Modern has found a market for the plant's by-products. Since 2002 it has channeled the heat produced through insulated pipes toward greenhouses where tomatoes are grown commercially on 42 acres...
...McCarthy, who delivers a much more comprehensive apocalypse in The Road (Knopf; 241 pages), which is about half the length of Thirteen Moons but 20 times as ruthless. The scenario: a man and his son push a shopping cart with a wiggly wheel through a landscape from which all plant and animal life has been scoured by some undefined but definitive calamity--we know only of "a long shear of light and then a series of low concussions" that left survivors "sitting on the sidewalk in the dawn half immolate and smoking in their clothes." Game over, and no more...