| March 12, 2009 |  |
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Sweden unveils 'ambitious' clean energy strategy Stockholm (AFP) March 11, 2009 
Sweden's government on Wednesday presented what it described as Europe's "most ambitious" strategy to improve energy efficiency and cut greenhouse gas emissions. "As the first industrialised country, we are presenting a concrete plan towards becoming independent of fossil fuels and reducing emissions to a level that the climate requires," Environment Minister Andreas Carlgren said. ... read moreSweden to slash 'clean' car taxes, hike diesel price 
Stockholm (AFP) March 10, 2009Sweden's government said Tuesday it planned to exempt taxes on so-called clean-fuel cars and would raise taxes on vehicles run on diesel in an attempt to cut carbon dioxide emissions. "To stimulate and increase the transition to a more environmentally friendly car fleet ... we suggest that new clean cars be exempt from the general automobile tax for the first five years," Finance Minister An ... more
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Study: Solar water heating good investment
Maharashtra, India (UPI) Mar 10, 2009 Scientists in India say they have analyzed the engineering and economics of a solar water-heating system and determined it is a good investment. Vivek Khambalkar, Sharashchandra Gadge and Dhiraj Karale at the Deshmukh Agricultural University in Maharashtra, India, determined the 264,172-gallon (1,000 liter) solar water-heating system at a university hostel had a payback period of only t ... more Obama's energy chief announces nuclear waste panel 
Washington (AFP) March 11, 2009US Energy Secretary Steven Chu backed a new generation of nuclear power Wednesday, and said a panel of experts would report back this year on the best long-term storage of radioactive waste. The Nobel laureate scientist, chosen by President Barack Obama to lead an ambitious drive for renewable energy, said nuclear power was also an "essential part of our energy mix" along with cleaner coal a ... more Jordan says four firms bid to build nuclear plant 
Amman (AFP) March 10, 2009Jordan said on Monday that four international firms have proposed to build a nuclear plant in the energy-poor kingdom to help generate power and desalinate water. "The country is currently studying proposals submitted by France's Areva, South Korea's KEPCO, the Atomic Energy of Canada and Russia's Atomstroyexport," Jordan Atomic Energy Commission head Khaled Tukan said. "We are in the fi ... more  |
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Cathay Pacific lost 1.1 billion dollars in 2008
Hong Kong (AFP) March 11, 2009Cathay Pacific said Wednesday it lost more than one billion US dollars last year, its first annual loss in a decade as the Hong Kong carrier struggled with fuel prices and falling cargo business. Like other airlines, the global downturn left Cathay stuck with money-losing fuel contracts - signed when prices were high before the slowdown kicked in - and chairman Christopher Pratt warned 200 ... more Bringing The PBL Ax To US Government Contractors 
Arlington, Va. (UPI) Mar 11, 2009 In his Feb. 24 speech to a joint session of the U.S. Congress, President Barack Obama promised to protect the future health of the American economy by halving the projected deficit in his first term. One way of accomplishing this task, the president declared, was to reform the buying practices of the Department of Defense. Unfortunately, the president's call to reduce the use of private contra ... more Battery breakthrough promises phone, car revolution 
Paris (AFP) March 11, 2009Think of an electric car that can accelerate swiftly to cruising speed, laptop computers that can recharge in a couple of minutes rather than hours and a generation of super-miniature mobile phones. That's the vision sketched on Wednesday by a pair of scientists in the United States, unveiling an invention that they say could lead to a smaller, lighter and more power-packed lithium battery t ... more Analysis: Venezuela state oil cuts costs 
Miami (UPI) Mar 11, 2009 With oil prices dropping dramatically over the last six months, Venezuela said it would cut costs at its state-run energy company, Petroleos de Venezuela SA, by 40 percent. PDVSA President Rafael Ramirez said the company would reduce costs by cutting back on contracts to service companies whose "high prices" are no longer affordable with oil costing less than two-thirds of its all-time ... more |
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