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 Paris (AFP) July 26, 2009 
Fast growing China and India may be important players but the emerging economic giants alone do not have the clout to drag the global economy out of its worst slump since the 1930s, analysts say. China, ranked the world's third largest economy after the United States and Japan, grew 7.9 percent in the second quarter this year while India expanded 5.8 percent in the three months to March. ... read more 
Paris (UPI) Jul 24, 2009 Companies from France and United States announced plans to build a solar-panel plant to support the French government's goal of using solar-powered electricity to increase sustainable energy technology. In 2007, French President Nicolas Sarkozy established Grenelle Environnement, a program promoting renewable energy sources, including hydraulic, wind, biomass, geothermal, photovoltaic ... more
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State College PA (SPX) Jul 27, 2009Hydrogen fuel-cell vehicles (FCVs) can be an important part of the solution to America's energy crisis, says Dr. Andrew Goudy of Delaware State University. He is leading a research team striving to solve a key technical FCV puzzle. The Chairperson of Delaware State's Chemistry Department explains that hydrogen FCVs are powered by electric motors that derive energy from on-board fuel cells. ... more 
Oxford, England (UPI) Jul 24, 2009 A power system now in development could charge cell phones and other gadgets without the use of wires, researchers at a conference in Britain said. Researchers at the Massachusetts Institute of Technology are experimenting with the physical phenomenon of "resonance," which causes an object to vibrate when energy frequencies are applied, MIT Professor Marin Soljacic said in Oxford at the ... more 
Tehran (UPI) Jul 24, 2009 The continuing political turmoil sweeping Iran is expected to impact the Islamic Republic's pressing need to develop its natural gas sector, which is widely perceived as the country's answer to its worsening economic problems. Given the dismal track record of President Mahmoud Ahmadinejad's economic policy over the last four years, his second term is not likely to be any better, whether ... more |
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Quito (AFP) July 24, 2009China has agreed to pay Ecuador one billion dollars in August as part of a deal to supply the energy-thirsty Asian giant with crude oil. State-run Petroecuador said a deal inked on Thursday committed Beijing to pay the sum next month, a payment worth 28 percent of the total contract. Under the deal China will receive millions of barrels of oil over two years. Ecuador is OPEC ... more  
Aare, Sweden (AFP) July 25, 2009Britain opposes the use of carbon import tariffs against developing countries to encourage them to tackle global warming, British Secretary of State for Energy and Climate Change Ed Miliband said on Saturday. A bill passed by the US House of Representatives last month could allow import taxes on products made in countries that do not have statutory curbs on greenhouse gas emissions, sparking ... more 
Windhoek (AFP) July 24, 2009A Namibian court said Friday it will decide in two weeks whether to release the frozen assets of three suspects in a graft probe involving a firm linked to the son of China's President Hu Jintao. The court said bank accounts and other assets of two Namibians and a Chinese national will remain frozen pending a decision on August 7. The three were arrested last week in Namibia as part of ... more |
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