Cap and Trade’s Biggest Losers: A new report by energy consultants Wood Mackenzie finds “cap-and-trade legislation will cost U.S. refiners about $100 billion a year by 2015 and put them at a competitive disadvantage to refiners in Europe.” — WSJ’s Environemental Capital Bright Automotive Bags $1.4M… Read More »
Cleantech
“Carousel Fraud” Strikes Carbon Markets: Carbon credit fraudsters are increasingly “setting up complicated import and export schemes between EU member countries, charging buyers for value-added tax in the country of destination, and then absconding with the tax rather than handing it over to the governments.” —… Read More »
Ascent Solar Technologies‘ thin-film solar panels may soon be flying the not-so-friendly skies as Bye Aerospace, a startup developing jets with better fuel efficiency and lower emissions than today’s commercial and military models, said Tuesday it plans to incorporate Ascent’s panels into its first… Read More »
Oh Lutz: Reducing fuel consumption by mandating more fuel-efficient cars “is like attacking obesity by ordering everybody to wear size small clothing,” and other gems from former Chevy Volt frontman Bob Lutz on David Letterman last night. — Jalopnik Smart Grid for China: China’s power distribution… Read More »
Updated with additional information from MIT: The MIT students behind startup Levant Power have already won over some tough crowds, drawing interest in their energy-harvesting hydraulics from the U.S. military and several U.S. truck makers. Today the Levant team won the nod of the university… Read More »
Pentagon Picks Up Alternative Fuels Projects: The Defense Department, the largest consumer of energy in the U.S., spent some $18 billion on energy last year. Now it’s prioritizing development of alternative fuels and energy saving technologies in an effort to reduce the number of convoys put… Read More »
Brits Go Ahead With Green Auto Bailout: Jaguar Land Rover and Nissan’s British factory have won hundreds of millions of dollars in loans to develop cleaner vehicle technology. The money comes from the European Investment Bank in the first round of money for UK-based carmakers. —… Read More »
The Department of Defense has awarded Science Applications International Corp. a contract worth up to $25 million to develop a $3-a-gallon algae-derived fuel for military jets. The funds come under a biofuels program in the federal department’s R&D office, the Defense Advanced Research Projects Agency,… Read More »
Unmanned war machines are out in force in the war on terror. Last year there were 5,000 military robots deployed to Iraq and Afghanistan, up from 162 in 2004. And these semi-autonomous robo-warriors aren’t just your terrestrial terminators — they’re taking flight with the help… Read More »
