Possible Bailout for Atlanta Transit System

Becky Striepe — Mon, 13 Apr 2009 07:00:07 +0000

Regional officials are talking about using $25 million in bailout money to help MARTA cover its operating costs.

The Atlanta Regional Commission (ARC) recommended last week that funds earmarked for transit improvements go towards keeping MARTA afloat. The transit system is unable to cover its budget shortfall and operating costs, due to strict regulations on how it spends its revenue. MARTA gets the bulk of its funding from sales tax revenue, and it’s required to spend 50% on operating costs and 50% on capital expenses. This $25 million dollars would be a band aid fix, but it certainly beats cutting a day of service, like the MARTA board was proposing.

Not everyone is thrilled about this idea.

Australian Scientists Create World’s Most Efficient Solar Cells

Andrew Williams — Sun, 26 Oct 2008 18:11:39 +0000

Scientists at the University of New South Wales have set a new world record by creating the first silicon solar cell to achieve 25% efficiency.

Team leader, Prof. Martin Green of the university’s ARC Photovoltaic Centre of Excellence, says their world-beating solar cell is now a massive six percent more efficient than the next best technology. The record edges the current generation of solar cell technology closer to the theoretical limit of 29% efficiency.

Green Options » ARC

Possible Bailout for Atlanta Transit System

Regional officials are talking about using $25 million in bailout money to help MARTA cover its operating costs.

Australian Scientists Create World’s Most Efficient Solar Cells