Word: teche
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...that easy. "You can't wave a magic wand," he said. Oil, unlike other products and services that are manufactured and sold, obeys the laws of geology, not just supply and demand. "You don't make more oil," says Sam Shelton, director of the Strategic Energy Initiative at Georgia Tech in Atlanta. The world has to work with what it has. TIME's Jyoti Thottam explains...
...able to afford it. Suburbs, strip malls, interstate highways, the infrastructure of the modern U.S. economy just won't work anymore without cheap oil, and the U.S. will have to reinvent itself or risk falling into decay. That dire prophecy, though, is really all about timing. Georgia Tech's Shelton, an engineering professor and oil-futures expert, says the extent of the economic damage depends on how fast oil prices rise. A slow climb "gives people time to adjust," he argues, and affords industry time to develop new or more efficient technologies. Crude prices have been steadily rising over...
...exhibition is like a toy store for grownups. The several thousand products on display range from such low-tech items as a concrete bunker and a machine for filling sandbags at high speed to a nonlethal directed-energy weapon that can heat a human body to an unbearable temperature and an "acoustic sniper finder" that uses eight microphones to locate an enemy shooter based on the sound from his rifle shot...
Harvard was outscored by 15 runs—its worse defeat since last March, when the team lost to Texas Tech 30-8—in falling to the Rams at Bill Beck Field in Kingston...
...spend as a nation for electricity and fuels. The situation in other industrialized countries is no better, and in developing countries it is worse. Around the world, the energy sector’s ratio of RD&D investments to total revenues is far lower than for any other high-tech sector of the economy. These investments will need to be boosted at least two- to three-fold if we are to be able to meet the energy-climate challenge we face in the decades immediately ahead...