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Toyota's Prius woes may muffle hybrid buzzTokyo (AFP) Feb 7, 2010 Embraced by Hollywood celebrities and beloved by environmentalists, the Prius has long been the envy of Toyota's rivals, but now its safety woes risk putting the brakes on the success of hybrid cars. The crisis-hit Japanese auto giant is a pioneer in fuel-sipping hybrids, which run on a combination of petrol and electricity and are vital to the company's efforts to stay in pole position in fuel-efficient automobiles. Toyota, whose edge in hybrid technology helped propel it past General Motors in ... read more |
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Hawaii aims to become green energy leader
Honolulu (UPI) Feb 5, 2009 Hawaiian officials have concluded that the resource-rich tropical state has little choice but to pursue green ambitions, reports the Los Angeles Times. Their goal is to transform the nation's most energy-dependent state into its cleanest and most sustainable. Hawaii aims to obtain 70 percent of its energy needs from clean sources within 20 years. According to government figures, ... more Iraq heads for OPEC clash over quota
Baghdad (UPI) Feb 5, 2009 The government seems set to clash with the Organization of Petroleum Exporting Countries after declaring it will not participate in the cartel's production quota system as Iraq drives to quadruple its output. Falah al-Amiri, head of the State Oil Marketing Organization, said Thursday that Iraq was not interested in discussing quotas until its production has hit 4.5 million barrels per d ... more Rio mulled 35-bln-dlr iron ore tie-up with Chinalco: report
Sydney (AFP) Feb 6, 2010Anglo-Australian miner Rio Tinto in 2008 considered selling state-owned Chinalco a 19.9 percent stake in its iron ore operations under a mammoth 40 billion dollar (35 billion US) tie-up, a report said Saturday. The deal was drafted just weeks before rival BHP Billiton dropped a hostile takeover bid due to the state of the global economy, The Weekend Australian newspaper said. Citing a dr ... more |
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Areva, EDF reach nuclear waste dealParis (AFP) Feb 5, 2010 French energy groups Areva and EDF have reached an agreement on the treatment of nuclear waste following weeks of tensions, the companies announced Friday. "The two companies will sign a contract before the end of the first quarter of 2010," the said in a joint statement. The agreement relates to the transportation, treatment and recycling of used nuclear material, they said. Areva, a world leader in nuclear energy, and utilities group EDF said they would continue talks on uranium enrichment ... read more |
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