| May 07, 2009 | ![]() |
Energy-Daily Advertising Kit |
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US to push plan to swap 'clunkers' for fuel efficient cars Washington (AFP) May 5, 2009
A key US lawmaker Tuesday announced agreement after White House talks on a plan to offer Americans government cash to trade in "old clunkers" -- ancient, gas guzzling cars -- for fuel efficient models. Democratic power broker Henry Waxman said after talks with President Barack Obama at the White House that his key House of Representatives committee would push "cash for clunkers" legislation. ... read moreUS anti-outsourcing plans won't hit India: lobby group
New Delhi (AFP) May 5, 2009A US plan to clamp down on outsourcing could make many American companies uncompetitive but would not affect India's flagship IT services industry, a top Indian business body said Tuesday. US President Barack Obama, decrying "egregious" tax abuses, announced Monday plans to save 210 billion dollars by squeezing US firms' ability to profit from outsourcing jobs and offshore havens. The ne ... more
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China's economic recovery 'still not solid': central bank
Beijing (AFP) May 6, 2009China's central bank warned Wednesday that the nation's economic recovery was still not on solid ground as the global financial crisis continued to hit. "The foundation for China's economic recovery is still not solid, the spread of the international financial crisis has led to external demand continuing to shrink," the People's Bank of China said on its website. "Downward pressure on th ... more PSC Industries Establish Solar Business In Nigeria
Lagos, Nigeria (SPX) May 07, 2009PSC Industries will supply 5 turn key PV Solar module manufacturing lines, to be utilised in Nigeria. It is anticipated that PSC Industries will start producing Solar Modules in Nigeria by December 2009 or early 2010. A total of 5 manufacturing plants of 10MWp each has been concluded upon and will all be operational by end of 2010. Discussions are underway for additional Manufacturin ... more Methylmercury contamination increasing
Washington (UPI) May 6, 2009 U.S. Geological Survey scientists say they've determined Pacific methylmercury contamination will increase 50 percent by 2050 if current rates continue. The researchers documented how mercury emissions from human sources make their way into the North Pacific Ocean, including the long-range transport of mercury within the ocean originating in the western Pacific Ocean. Methylmercu ... more |
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SOLAR IN A BOX Announced As PV Option For Green-Friendly i-house
Omaha NB (SPX) May 07, 2009Ready Solar has announced that its SOLAR IN A BOX will be the solar PV system option for the new i-house available now from Clayton Homes. The i-house, the housing industry's first green, affordable manufactured housing, was featured at the Berkshire Hathaway annual shareholder meeting in Omaha, Nebraska on May 2 and exhibited at Omaha's Qwest Center. Clayton Homes, a Berkshire Hathaway Co ... more Gates touts strength of US-Saudi ties
Riyadh (AFP) May 6, 2009US Defence Secretary Robert Gates on Wednesday reassured nervous Saudis over a possible warming of US relations with Riyadh's regional rival Tehran, stressing Washington's strong ties with the kingdom. "The relationship between the United States and Saudi Arabia has been one of the mainstays of stability in the Middle East for more than 60 years," he said at the Eskan Village military base ... more Analysis: Venezuela muscles private oil
Miami (UPI) May 6, 2009 Venezuelan officials are mulling over a proposed law that would allow the state-owned oil company, Petroleos de Venezuela SA, to take over certain service projects associated with the petroleum industry currently being performed by private companies. According to the proposed rule change, the Venezuelan state would compensate companies performing tasks such as oil well maintenance, but ... more Analysis: Russia's rising energy prices
Washington (UPI) May 5, 2009 In the current global downturn, perhaps no energy company has fallen further from financial grace than Russia's natural gas state concern Gazprom. In a frantic search for liquidity amidst declining energy prices in the global recession, Gazprom is considering raising prices for its potentially most volatile customer base -- the Russian consumer. It would be a gesture fraught with risk for the ... more |
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