IPIC completes $5 billion fund raising
International Petroleum Investment Company (”IPIC”) has announced the successful completion of its $5.0 billion fund raising exercise.
Iraqi PM denies oil auction was failure
Iraqi Prime Minister Nuri al-Maliki denied on Thursday that the nation’s oil auction for foreign companies had been a failure.
U.S. government maps solar energy future
The U.S. Bureau of Land Management, in conjunction with the Department of Energy, this week released six maps that could help determine the location of the next big push in solar energy.
The BLM maps cover areas within the six U.S. states most suitable for solar energy generation …
Greenpeace guide frowns on HP, still loves Nokia
Greenpeace released its latest Guide to Greener Electronics on Wednesday, revealing that promises aren’t always kept.
The Greenpeace guide, which started in 2006, ranks the top 17 PC, cell phone, TV, and gaming console manufacturers based on their policies regarding e-waste, climate change, and use of toxic chemicals.
Hewlett-Packard, …
Chevron Announces First Oil from Mafumeira Norte Field in Angola (Business Wire)
SAN RAMON, Calif.—-Chevron Corporation announced today that its subsidiary Cabinda Gulf Oil Company Limited and its partners commenced crude oil production ahead of schedule from the Mafumeira Norte project located offshore Angola.
Uptick in clean tech investment, says analyst
Clean technology investment could be seeing a rebound.
Research analyst The Cleantech Group, a subsidiary of Deloitte, released a preliminary report Thursday showing a slight uptick in clean tech investment for the sector covering http://bto.cnet.com/8401-1-0.htmlNorth America, Europe, China and India for second quarter 2009
After …
Oil prices extend losses
Oil prices extended losses on Thursday after already falling a day earlier on data revealing a drop in petroleum products in the United States, the world’s leading energy consumer.
T3 Motion introduces three-wheeled CT3 personal commuter, plans to enter Auto X Prize
Filed under: EV/Plug-in, On Two Wheels, Automotive X-Prize, USA
T3 Motion CT3 - Click above to enlarge
T3 Motion, creators of the Segway-esque non-balancing T3 Series Electric Stand-up Vehicle for police and security use, has just issued a press release detailing its plans to launch a new three-wheeled electric vehicle called the CT3. The new vehicle is the first machine from T3 that was specifically designed for personal commuter use and is based on the company’s CT low-speed electric four-wheeled vehicle.
Using a three-wheeled design should allow T3 Motion to classify the CT3 as a motorcycle in most states, which means it won’t necessarily need to be restricted to low-speed use as a Neighborhood Electric Vehicle, though the machine will be capped at a 45 mph top speed regardless. All three of the CT3’s wheels are powered by electric motors that get their electrons from T3’s proprietary Power Management System and lithium polymer batteries.
At this time, the vehicle exists only in rendered form (pay close attention to the wheels and tires in the above image), but T3 plans to enter a special CT-S version of the machine in the Auto X Prize that will reportedly be capable of 80 miles per hour and an equivalent mpg rating of over 100 miles per gallon. Click past the break for the official press release. Thanks for the tip, Deepa!
[Source: T3 Motion via Green Launches]
T3 Motion introduces three-wheeled CT3 personal commuter, plans to enter Auto X Prize originally appeared on AutoblogGreen on Wed, 01 Jul 2009 14:05:00 EST. Please see our terms for use of feeds.
Columnist: Plug-in cars are the new ethanol-style boondoggle
Filed under: EV/Plug-in, Legislation and Policy, USA
Peapod - click above for high-res image gallery
The amount of money that the U.S. federal government poured into corn ethanol is legendary. Today, we’re left with a floundering ethanol economy and a few happy corn farmers but not an abundance of the biofuel powering the nation’s cars. A columnist for the Washington Examiner thinks that we’re headed down a similar path with plug-in vehicles. This time, though, “the feds may foster addiction to a fuel concentrated in a socialist-run South American country.”
Those are the words of Timothy Carney, who writes that the government’s rush to EVs is troubling because all those electric cars will need a bunch of lithium - some of which might come from Bolivia - to move them (Editorially, the controversial Examiner is right-learning, so the scary s-word in Carney’s piece shouldn’t be too surprising). Carney names some of the lithium lobbyists who worked hard in D.C. to promote plug-in vehicles to Congress. He writes that, “If the electric car lobby succeeds, brace for another harsh lesson in unintended consequences.”
Carney also brings up the long tailpipe. While Carney is right that the GAO did warn against all of the coal that could be used to power the EVs of the future, he forgot to mention the GAO’s finding that “Research we reviewed indicated that plug-ins could shift air pollutant emissions away from population centers even if there was no change in the fuel used to generate electricity.”
Gallery: GEMs Peapod
[Source: Washington Examiner]
Columnist: Plug-in cars are the new ethanol-style boondoggle originally appeared on AutoblogGreen on Wed, 01 Jul 2009 14:56:00 EST. Please see our terms for use of feeds.
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Cash for Clunkers to officially begin July 23rd
Filed under: Legislation and Policy, Green Daily, USA
When President Obama signed the Cash-for-Clunkers bill into law back on June 24th, the Transportation Department was given 30 days to set the official rules and regulations for the program that put the actual plan into motion. According to the official CARS (Car Allowance Rebate System) site, the NHTSA intends to get the deed done a day early by July 23rd. Although the paper the President signed stipulated that consumers may be eligible for the program starting on Wednesday, July 1st, the Transportation Department is warning dealers not the jump the gun:
Interested dealers and consumers may want to wait until all of the detailed issues that must be addressed in the implementing regulations are resolved. If a dealer chooses to structure a transaction before the final rule is issued, they will bear the risks associated with later demonstrating that the transaction meets all of the specifications of the final rule.
Dealerships who violate the official rules and regulations may be subject to fines of up to $15,000. Still have questions? Click here to see the complete list of FAQs straight from the NHTSA.
[Source: CARS | Photo: kudzuplanet CC 2.0]
Cash for Clunkers to officially begin July 23rd originally appeared on AutoblogGreen on Tue, 30 Jun 2009 19:13:00 EST. Please see our terms for use of feeds.
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