Archive for December, 2008

Wind farm for Douglas?

Wednesday, December 31st, 2008

BOSTON - A Weymouth development firm is proposing to build a 12-turbine wind farm on a 216-acre undeveloped parcel in Douglas, near the Webster town line. The project could provide up to 24,000 kilowatts of electricity, enough to power about 8,500 homes.

Source: www.telegram.com

Zongshen PEM Power Systems Inc. Announces Automatic Share Purchase Plan

Wednesday, December 31st, 2008

Zongshen PEM Power Systems Inc. today announced that it has entered into an automatic share purchase plan with a broker in order to facilitate repurchases of its common shares under its normal course issuer bid .

Source: biz.yahoo.com

China: New $659 million wind farm will pay for itself in 2 years

Wednesday, December 31st, 2008

The National Energy Administration has approved a plan allowing China Datang Corp, the nation’s second biggest power producer, to construct a $659 million wind farm facility that will generate 400 megawatts. At $0.10/kWh, it will pay for itself in about two years.

Source: www.tgdaily.com

Federal courts should not set energy policy

Wednesday, December 31st, 2008

A November decision by the federal judiciary’s San Francisco-based Ninth Circuit Court of Appeals unfortunately received little attention in the national media despite the fact it could well prove to be among the most damaging ever to America’s energy needs.

Source: www.dcexaminer.com

BusinessGreen.com top 10 stories of 2008

Wednesday, December 31st, 2008

James Murray, BusinessGreen , Wednesday 31 December 2008 at 08:52:00 The rundown of the most read green business stories from the past 12 months From fast-charging electric cars to dubious carbon offsets, BusinessGreen.com offers its countdown of the most popular news stories of the last year, and finds that transport and clean tech innovations…

Source: feeds.vnunet.com

Eliica Eight-Wheeled Electric Car: Heading To Production Because The Tesla Isn’t Fast Enough

Tuesday, December 30th, 2008

Is the Tesla Roadster not exotic enough for you? Does the six-wheeled Covini C6W have two few wheels? Try a four-door eight-wheeled electric car. It’s called the Eliica and it may be heading for…

Source: jalopnik.com

Venezuela tells ONGC to cut oil production

Tuesday, December 30th, 2008

NEW DELHI: Venezuela has told India’s Oil and Natural Gas Corp it will have to reduce output from their San Cristobal oilfield joint venture after Opec this month agreed to cut production, an ONGC source said yesterday.

Source: www.gulf-times.com

Capitol Report: Obama’s ‘going green’ policies hold promises — and pitfalls

Tuesday, December 30th, 2008

They’re calling it the “transition to green,” a motto fashioned by environmental groups’ pining for the first 100 days of Barack Obama’s presidency. It envisions, among other things, increased funding for alternative-energy development. Federal outlays for new jobs in this sector would also constitute a “massive” transition to an economy that looks favorably on emissions-free energy sources and …

Source: www.marketwatch.com

Keating: An energy policy that is the stuff of nightmares

Tuesday, December 30th, 2008

On energy, there’s good news and bad news. The good news, of course, has been the dramatic plunge in energy prices in recent months. Let’s consider oil and gasoline. In mid-July, the price of oil had topped $145 per barrel. By mid-December, it had dropped to below $45, a decline of nearly 70 percent. And since the cost [...]

Source: libn.com

Teen in driver’s seat on electric car project

Tuesday, December 30th, 2008

GUELPH (Dec 30, 2008) — Cameron Nisbett came home from school last June with an idea he hopes will change the world, one driver at a time.

Source: news.guelphmercury.com