Archive for May 26th, 2009

Chrysler submits $448 million electric car plan

Tuesday, May 26th, 2009

U.S. automaker Chrysler LLC said on Tuesday it submitted proposals totaling $448 million to the U.S. Department of Energy to research and develop electric vehicles and plug-in hybrid models.

Source: news.yahoo.com

Meltdown 101: Deficits raise financing worries

Tuesday, May 26th, 2009

The federal government is being forced to greatly expand its sales of Treasury bills, notes and bonds to cover a deficit that is projected to soar this year to eye-popping levels. So far all that new debt had been sold at low interest rates as investors have preferred the safety of Treasury securities in uncertain times.

Source: biz.yahoo.com

WebXtra: Solar power system complete!

Tuesday, May 26th, 2009

Remember the solar power system we showed you that Howard Beggs was installing at his home? Well, it’s now complete and Beggs says he is already seeing savings.

Source: www.kltv.com

Gay ‘all but marriage’ bill signed, goes to ballot

Tuesday, May 26th, 2009

The Attorney General has released the ballot title and summary for the domestic partnership Referendum 71, following Gov. Chris Gregoire’s signing of Senate Bill 5688 yesterday. …

Source: www.businessexaminer.com

Wind turbine firm to create 100 jobs in Darke County

Tuesday, May 26th, 2009

Darke County is poised for a gust of wind farm growth after officials worked feverishly to land a wind turbine maker on short notice.

Source: www.bizjournals.com

Lakeshore Town Council Approves Wind Turbine Projects In Canada

Tuesday, May 26th, 2009

Lakeshore Town Council has approved a $30-million wind turbine project, St. Joachim Wind Farm in Ontario, Canada. This St. Joachim wind farm is being developed by Wind Prospect Inc. (Wind Prospect). This farm has not received any objections from neighbors and can be under construction by the fall of 2009. The company has also approved $150-million, 28-turbine wind farm in Essex County. The wind …

Source: www.energy-business-review.com

Solar Power From Deserts To Grow By 2050

Tuesday, May 26th, 2009

According to a recent study, solar power plants in deserts have the potential to generate nearly a quarter of the world’s electricity by 2050.The study, conducted by environmental group Greenpeace, the European Solar Thermal Electricity Association (ESTELA) and the International Energy Agency’s (IEA) SolarPACES group, said large investments in solar power could fight climate change and create …

Source: www.redorbit.com

Mongolia eyes its own nuclear power plant

Tuesday, May 26th, 2009

ULAN BATOR (Reuters) - Mongolia is hoping to eventually build its own nuclear power plant and has already begun a feasibility study on the project, the head of the country’s new Nuclear Energy Agency said on Tuesday.

Source: thestar.com.my

Oil Falls on Speculation OPEC Will Maintain Production Targets

Tuesday, May 26th, 2009

May 26 (Bloomberg) — Crude oil fell to a one-week low on speculation that OPEC will maintain production targets as the recession curbs fuel consumption.

Source: www.bloomberg.com

North Korea test-fires two more missiles

Tuesday, May 26th, 2009

North Korea test-launched two more short-range missiles Tuesday, a day after stunning the world with news it had detonated a nuclear bomb underground.

Source: winnipeg.ctv.ca