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...through. Beginning in 1979, the government began a determined program of subsidies and loan guarantees to build up its nascent wind industry. Copenhagen covered 30% of investment costs, and guaranteed loans for large turbine exporters such as Vestas. It also mandated that utilities purchase wind energy at a preferential price - thus guaranteeing investors a customer base. Energy taxes were channeled into research centers, where engineers crafted designs that would eventually produce cutting-edge giants like Vestas' 3-megawatt (MW) V90 turbine. (Read TIME's "Heroes of the Environment...
...have to have faith in your detectives, and we did," as another senior police official told the Post, explaining how Guandique had been overlooked. (The paper's exhaustive investigation of the case is available online). But the exclusion of a key suspect exacted a steep price on many people. By exposing his adultery and painting him, however briefly, as a suspected murderer, the case torpedoed Condit's career and left his reputation in tatters. He was ousted in a 2002 primary challenge, and left the House when his term expired in 2003. Aside from a tumultuous stint running two Baskin...
...soared from an estimated $6.1 billion in 2005 to $13.4 billion today. "We're not going to pay $500 million for one helicopter. Period," Representative John Murtha, the Pennsylvania Democrat who chairs the House Appropriations Committee's defense subcommittee, declared recently. At $480 million a piece - roughly the price of the 747s fitted as Air Force One - the choppers, part of Lockheed Martin's VH-71 program are "in deep trouble," Pentagon officials said on Tuesday. (See pictures of the Army Reserve...
...further into international markets by attacking the potentially vast, low-budget car market in the developing world. That effort was to be led with innovative models like the Nano. Through numerous innovative manufacturing strategies - and cheap Indian labor - the Nano was supposed to debut last year with a sticker price of about $2,500. Meanwhile, the company was dipping its toes into the luxury segment through the acquisition of struggling...
...auction market, of course, has its own unique calculation, driven as it's said by the incalculable "price of two people's desires." Surprisingly, the only disappointment on Monday was that a late Cubist work by Picasso - Musical Instruments on a Table, which had the highest presale estimate, of some $30 million - went unsold. The Saint Laurent-Bergé auction continues on Tuesday and Wednesday with the sale of rare furniture and antiquities, including two Chinese animal heads that Beijing says were pilfered and must be returned to China. Earlier on Monday, a Paris court rejected China...