Latest Energy News | World News
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North Carolina’s Car Dealers Sponsor Bill to Ban the Sale of Tesla EV’s
And the stories regarding Tesla just continue to pop out of the wood work. Can they do nothing without grabbing the media’s attention?This time, to be fair, it is not something they have done, but rather something being done to them.North Carolina has proposed a bill to ban the sale of Tesla’s electric cars in the state.As the Daily Beast reports, “technically it’s a ban on automakers selling cars directly to consumers without going through a licensed dealer, but because Tesla is the only automaker that does this, it’s pretty blatantly a Tesla ban.”Related article: Charging EV’s Faster than Filling…
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Rossi Vindicated? E-Cat Tested by Third Party Investigation
A report has been released detailing a third party investigation into the anomalous heat produced from reactions inside the E-Cat HT (High Temperature) machine.High resolution thermal imaging cameras were used to record the heat on the surface of the E-Cat, with the data recorded on a second by second basis; and the electrical power input was measured using a large bandwidth three-phase power analyzer.Data was collected from two separate experiments, one using the E-Cat HT, and the other using the E-Cat HT2, a technologically improved version of the E-Cat HT.Both tests used the exact same methodology, and both produced excess…
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Pakistani Civil Servants Banned from Wearing Socks to Work During Energy Crisis
Pakistan has been beset by a chronic energy crisis; the governments advice … stop wearing socks!Civil servants have been told that they can no longer wear socks to work, in an effort to keep them cool whilst all air conditioning units are switched off and daily temperatures rise to more than 40°C.Air conditioning in all government buildings is offline in an attempt to reduce the load on the electrical grid, which suffers constant blackouts of up to 20 hours a day.A spokesman for the government stated that, “there shall be no more use of air-conditioners in public offices till such…
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Low US Gas Prices Prompt $72 Billion Investment in Chemical Projects
A new study released by the American Chemistry Council (ACC) has said that due to the large number of chemical and plastics projects that have been announced in order to take advantage of the incredibly low natural gas prices, the US chemical industry is set to see the creation of as many as 46,000 permanent jobs.The report also said that by 2020 supplier industries could offer an extra 264,000 jobs, with another 226,000 jobs created in communities where chemical and supplier industry workers live, adding an extra $200 billion to the economy.Cal Dooley, the president and CEO of the ACC,…
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Charging EV’s Faster than Filling a Normal Tank with Gasoline
Tesla Motors really is grabbing the headlines at the moment, and CEO Elon Musk is using the publicity to make some bold claims. Having recently published impressive first quarter results that far exceeded analyst expectations, and announce a new round of stock offerings to raise money to pay of the Department of Energy loan earlier than forecast, Musk has now posted on his Twitter account the following Tweet:“There is a way for the Tesla Model S to be recharged throughout the country faster than you could fill a gas tank.”In the quarterly report there was mention made of a ‘battery…
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Chevron Agrees $15 Billion Deal with YPF to Help Develop Vaca Muerta
Chevron Corp. is finalising the details of a giant investment which will help to make Argentina energy independent by developing what is considered the world’s second largest shale oil reservoirs.Ali Moshiri, the head of Chevron’s Latin America, Middle East, and Africa division, spoke to reporters in Buenos Aires, saying that, “some people think China is the second-largest shale oil. I believe after the U.S., Vaca Muerta holds the largest shale oil in terms of reserves.”The Vaca Muerta shale formation has been estimated to hold at least 23 billion barrels of oil equivalent.Moshiri met with Miguel Galuccio, the chief executive officer…
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Chinese Environmental Authorities Approve World’s Tallest Hydroelectric Dam
Despite the fact that they have already admitted that endangered plants and rare fish species will be affected by the project, the Chinese environmental authorities have approved plans to construct the world’s tallest dam.The 314 metre high dam will be built on the Dadu river in south-western Sichuan province, and form part of the Shuangjiangkou hydropower project. Guodian Group, one of China’s five state owned power companies will build the dam, estimated to cost around £2.9 billion over the ten year construction period.The most powerful hydroelectric dam in the world is the Three Gorges dam on the Yangtze river stands…
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US Government Releases New Fracking Regulations
Last year the Bureau of Land Management (BLM), part of the Department of the Interior, released a draft rule to govern hydraulic fracturing on public lands, but it was so heavily criticised by Republicans and drilling companies that Obama’s administration had to withdraw the proposal and return to the drawing board.Fracking is used for about 90% of all wells on public lands, so this set of regulations is due to affect a lot of companies. On Thursday a second draft was released, and to much more support from oil and gas industry representatives; although still not everyone is happy.Erik Milito,…
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ETS Abandoned after Latest EU Vote
The Wall Street Journal reports Emissions trading in Europe in Tatters. The European Union's flagship program to fight global warming—a regional carbon-emissions trading system—suffered a major blow Tuesday when legislators rejected a proposal aimed at saving the market from collapse.After the European Parliament's rejection, spooked investors drove the already depressed price of carbon emission permits down by nearly half. Benchmark electricity prices also fell. Europe's Emissions Trading System, launched in 2008, was intended to protect the environment by raising the cost of polluting and encouraging businesses to invest in cleaner technologies.Slack demand for electricity because of the recession and an…
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The Energy Industry, Lacking in Public Trust
Yesterday's panel discussion in Washington, DC on "The Trust Factor" in energy couldn't have been more timely. The stakes for lost trust seemed especially apparent against the backdrop of an EU probe into allegations of price fixing in the spot oil market, involving some of the industry's largest players, and coverage of the IRS and Associated Press wiretapping scandals. The session was hosted by The Energy Collective and communications firm Edelman, which presented the energy-related findings from its latest annual Trust Barometer. The theme of this year's survey was a "Crisis of Leadership."Edelman found a small improvement in the US…
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