Word: tars
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...best friend from high school goes to UNC, and last year she called me from a noisy and celebratory Franklin Street, where throngs of students in powder blue had gathered in the wake of the Tar Heels’ fifth national championship. When she saw Roy Williams out running around campus, she rolled down her window and screamed at him, and Ol’ Roy fired back with a smile and a thumbs...
...burn like regular coal. The IRS rule for transforming coal into synfuel--and getting the tax credit--requires only that the substance be chemically altered in some way. The alchemy that satisfies the IRS is a simple process: some plants spray newly mined coal with diesel fuel, pine-tar resin, limestone, acid or other substances--a practice that industry critics call "spray and pray." Other operators mix coal-mining waste with chemicals, coat it with latex and blend it with untreated coal to form briquettes. (For an earlier story on the scheme, see "The Great Energy Scam," TIME...
...Chinese, the Indians, going to keep about a 15% interest." A deal like that could make him a billionaire and, of course, set him up for the next big play. "We're looking at the Black Sea, Russia, maybe the Caspian Sea area. We're getting into tar sands--getting into that in a big way," he says. "That's what the next generation of wildcatting will be doing." Van Dyke plans to be there...
...then we got nervous.” Long and Anundsen were able to trim Harvard’s edge to 7-6, with O’Riain serving to win the match. O’Riain was unable to get her solid first serve over consistently, and the Tar Heels took advantage, capturing the game and then holding serve to go up 8-7. Anderson served the Crimson to a win in the next game, evening the score at eight. That sent the match into a tiebreak, which Long and Anundsen pulled out by a 7-4 tally, ending Harvard?...
...springing up in the breezy Midwest and on the Atlantic Coast too. Solar cells can churn out electricity at around 25 to 35 per kilowatt-hour, falling but still a multiple of the cost of energy from coal-fired power plants. Canada is extracting oil from the tar sands of Alberta for an amazingly efficient price of $15 to $20 per bbl., and the technology exists to convert the U.S.'s huge supply of coal into petroleum. This process, called coal liquefaction, creates a fuel that could power cars and is starting to look economically feasible. Conservation, too, benefits from...