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1. RENEWABLE ENERGY

Desperate ranchers chase after wind in vain scramble for financial lifeline

PASTURA, N.M. -- Twelve dusty miles separate lucky rancher from unlucky in this state's parched northeast corner. Lucky is Steve Tapia and his neighbors who collect $450,000 a year by leasing space on their sprawling ranches to an Australian wind developer that's planted 90 turbines there. "It does make your life better," the 78-year-old Tapia said of the royalties. "It's a lot easier than herding sheep." Down the road is unlucky Max Tenorio, who bet heavily on federal regulators approving a high-voltage power line to link his land to booming power markets on the West Coast. He lost.

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