Tag Archives | facts

U.S. Launches New Project to Develop Electric Vehicle Batteries

The Obama administration launched a fresh $120-million research project Friday, aimed at developing cheaper batteries for electric vehicles, a sector that has faltered despite billions of dollars of prior government investment.
The Energy Department will dole out the money over five years to establish a research hub for batteries and energy storage, backed by five national laboratories, five Midwestern universities and four private firms.

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Where Do Obama and Romney Stand On The Environment?

Everyone wants clean air and water. But people also want to drive their cars whenever they wish and light up a room by flipping a switch. It’s a never-ending balancing act for government as it tries to protect health and the environment while promoting economic growth and jobs

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OPEC; Global Oil Demand Is Looking Weaker

Global oil demand is looking weaker than previously forecast as the slowing economy continues to weigh on consumption, according to monthly reports released on Wednesday by the U.S. government and OPEC.
The Organization of the Petroleum Exporting Countries trimmed its forecast for growth in world oil demand in 2013 by 30,000 barrels per day (bpd) to 780,000 bpd and said the risk remains skewed to the downside.

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Dutch Court Rejects Shell Bid to Ban Greenpeace Protests

A Dutch court on Friday rejected a bid by oil multinational Royal Dutch Shell to ban Greenpeace from protesting near its property on pain of a huge fine, saying such groups had a right to inform the public.
“Future Greenpeace actions against Shell cannot be banned in advance provided that they remain in a certain framework,” the Amsterdam court ruling said in response to Shell’s Sept. 21 suit.

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Fewer Emissions In A Recession?

Greenhouse gas emissions rise when economies expand but don’t fall as quickly when recession strikes, perhaps because people stick with a higher-emitting lifestyle from the boom times, a study showed.
The report in Monday’s edition of the journal Nature Climate Change dents many governments’ hopes that recession can at least bring the consolation of a sharp contraction in greenhouse gas emissions.

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Amsterdam Goes Green!

Six years ago Dutchman Ruben Beugels was on an Amsterdam tram that broke down, leaving him stuck in an out-of-the way place, and late for an appointment when he couldn’t quickly find another means of transport.
“I was very frustrated at being late, and it was then that I thought, hey a scooter would be able to get me to my meeting on time,” said Beugels, founder of Hopper, Europe’s first electric taxi scooter service, which will debut in Amsterdam on Monday.

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Shell’s Arctic Oil Exploration Plans Remain, Despite 2012 Setback

The stars lined up — almost — for Shell Oil to drill exploratory wells this year in waters off Alaska’s north coast.
The Arctic Ocean was on record pace for low sea ice. The Obama administration gave a qualified green light to drilling. Two drill ships and a flotilla of support vessels were staged off prospects.

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Which Continent Led The World In Solar Panel Installation?

While the U.S. prepares to hand over $197 million in government funding to solar power start-up SoloPower, a new report from the European Union’s Joint Research Centre indicates that the vast majority of solar panels installed worldwide in 2011 were placed in Europe.

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U.S. Pumps Most Oil Since 1997 as Energy Independence Grows

U.S. oil production surged last week to the highest level since January 1997, reducing the country’s dependence on imported fuels as new technology unlocks crude trapped in shale formations.
Crude output rose by 3.7 percent to 6.509 million barrels a day in the week ended Sept. 21, the Energy Department reported today.

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Alaska Sees Asia Driving Annual $20 Billion Via Pipeline

Alaska wants a $50 billion pipeline and export complex built to develop natural gas that’s stranded on its icy North Slope. The justification: Asia’s swelling appetite for the fuel.
Governor Sean Parnell gave Exxon Mobil Corp. (XOM), BP Plc (BP/) and ConocoPhillips to the end of this month to provide plans to pipe the gas south and compress it into a liquid, known as LNG, for export.

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