Word: chancee
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Duprey and many others in the renewable-energy industry would prefer a feed-in tariff, which requires utilities to buy alternative electricity at above-market rates. Feed-in tariffs have already been used with considerable success in European countries like Spain and Germany, where renewable power has achieved greater penetration...
So why would lenders target the good customers? Mainly because banks can't afford to take a lot of risk anymore. If you have, say, $30,000 in unused credit sitting around, there's always the chance you'll start tapping into it in the event of a job loss...
The issue isn't whether financial markets are useful--they are--or whether the prices of stocks or bonds or collateralized debt obligations convey information--they do. There's also much to be said for the insight at the heart of efficient-market theory: markets are hard to outsmart. But...
Meanwhile, interceptor missiles in Alaska "are clearly in a position to take action" if Hawaii is threatened, Defense Secretary Robert Gates said on June 18. "We do have some concerns, if they were to launch a missile to the west in the direction of Hawaii," he added. "We are in...
Given a chance, though, North Koreans' native intelligence does flourish. Two years after first entering a team in the IBM-sponsored Computer Olympics (the International Collegiate Programming Contest), the North Koreans made it into the finals. "They are capable of handling very complicated software, and the results are extremely good...