Because pushing bits around doesn't take as much energy as pushing around large pieces of sheet metal, a dollar of new-economy G.D.P. generally doesn't require burning as much carbon as a dollar of old-economy G.D.P.
Sonny Garg, president of Exelon Power, said he expected that the plants with no emission controls would probably be closed by their owners, who he says will be wary of investing billions of dollars on old equipment.
He's talking about waves of creative destruction where huge technological leaps lead to ripping out billions of dollars of old gear and replacing it with billions in new gear, which Matthews is ever ready to sell.
"While they spend millions of dollars on old-style attack politics that the American people are sick and tired of, John McCain is working to move America forward with a positive, optimistic vision for our future".
With innovations like Square's iPad register, small businesses and retailers face a slew of options for how to manage in-store sales without having to pay thousand of dollars for older point-of-sale terminals.
Prowling through a dealer's "dollar box" of old envelopes ("covers" as they are called) yields all sorts of puzzles about how mail was handled.
It stressed — rightly — that the plan to curb Medicare costs proposed last year by Representative Paul D. Ryan, Mr. Romney's vice-presidential running mate, would add thousands of dollars to older Americans' out-of-pocket expenditures.
The marketplace ratifies our myopia, making headlines for megamillion-dollar sales of old master and Impressionist pictures but rarely for premodern sculptures.
Firstly, we live in an age of amazing digital miracles and yet the primary use of computers (at least in the part of the education world that I have seen) has been creating high-tech, high-dollar versions of old worksheets in order to reconstruct the old assembly line approach to teaching and learning.
Community banks have looked on in horror as ING Direct has siphoned tens of billions of dollars out of old-fashioned checking and savings accounts around the United States, and other Web-based banks have taken billions more.
He dreamed up a new way of shaping the screws, using two spinning discs instead of dies, but it would have required expensive new equipment and the writeoff of millions of dollars in old equipment.
