Word: cheapness
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...matter the rates, Maharashtra wasn't prepared for the electricity itself when it came down the wires. Because of institutionalized subsidies, only 10% of the power consumers in the state pay a market rate. Add in the higher cost of Dabhol's electricity, produced from gas rather than the cheap, local coal usually used by Indian power stations, and it was a formula for bankruptcy. "Since this power is so expensive," says Vinay Bansal, chairman of the Electricity Board, "the more we buy, the more we lose...
When the lights went out in California last month, cash registers rang up north. In one critical 24-hour period on Jan. 18, British Columbia Hydro supplied more than one-third of the power desperate Californians needed to stave off a statewide blackout. The rescue didn't come cheap: the utility may have earned $3 million from the deal. "It's been a windfall," admits B.C. Hydro spokesman Wayne Cousins...
Unlike Disneyland Paris and EPCOT Center in Florida, DCA is a relatively intimate park--an easy day's saunter, especially with the Fastpass that allows customers to book their favorite rides early. But this doesn't mean that the park came cheap. On a recent Sunday, Disney CEO Michael Eisner directed a visitor's gaze up to the park's central icon: Grizzly Peak, a concrete mountain in the shape of a roaring bear. When the visitor noted that the bear probably cost more than the entire Disneyland park in 1955, Eisner replied, "The nose cost more...
...community problem? The answer comes from the students who have participated in the surveys. They tell us about environmental factors that facilitate their drinking: the supply of cheap beer and other alcohol and a peer group that encourages heavy drinking--at nearby bars that cater to students, at all-you-can-drink parties or at football tailgates...
...coincidence that fraternity and sorority members binge drink nationally at twice the frequency of other college students. Over the years, fraternities have provided an environment with cheap and abundant access to alcohol. It is no coincidence that college students drink more than same-age peers not attending college. College traditions are steeped in alcohol, and in the old school song of almost any college you will find boasts about alcohol consumption...