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Monday, Apr 21st

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Tesla unveils groundbreaking electric car

US automaker Tesla Motors unveiled its state-of-the-art five-seat sedan here Thursday, billed as the world's first mass-produced, highway-capable electric car.

The futuristic zero-emission vehicle will be powered by lithium-ion battery packs capable of between 160 and 300 miles (257 and 482 kilometers) per charge.

The car has an anticipated base price of 57,400 dollars but will cost less than 50,000 after a federal tax credit of 7,500 dollars, Musk said.

"What we really wanted to show the car industry is that it is possible to create a compelling electric car at a compelling price," Musk said. "We hope the industry will follow our lead."

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Alaskan Villages Will Get Free Citgo Heating Fuel Again

Millions of dollars in free heating fuel will flow through Alaska villages early next month courtesy of a controversial giveaway program paid for by the Venezuelan government.

The sooner the better, say many villagers and rural nonprofits who appear more concerned about their towering energy bills than international politics.

Some Alaska village families, along with people in other economically depressed areas of the United States, have come to count on the extra fuel from the Venezuelan-owned oil company, Citgo.

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Oil producers running out of storage space

As demand for crude has plummeted, the world suddenly finds itself awash in oil that has nowhere to go.

It’s been less than a year since oil prices hit record highs. But now producers and traders are struggling with the new reality: The world wants less oil, not more. And turning off the spigot is about as easy as turning around one of those tankers.

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Sun-powered device converts CO2 into fuel

Powered only by natural sunlight, an array of nanotubes is able to convert a mixture of carbon dioxide and water vapour into natural gas at unprecedented rates.

Such devices offer a new way to take carbon dioxide from the atmosphere and convert it into fuel or other chemicals to cut the effect of fossil fuel emissions on global climate, says Craig Grimes, from Pennsylvania State University, whose team came up with the device.

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Aptera 2e

Better yet, the 2e is scheduled to begin rolling off the Vista, California, assembly line this October for an as-yet-to-be-determined price between $25,000 and $40,000. Charge it overnight from your 110-volt home outlet, and it's claimed to have a range of 100 miles...in the carpool lane, if you wish.

Pie in the sky? Nope. The business model looks sound; nearly 4000 deposits have been placed (Robin Williams among the clientele), enthusiastic investors are locked in, and co-founders Steve Fambro and Chris Anthony have assembled a team that balances Detroit low-volume niche-production experience with California "anything is possible" attitude.

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A Wind Turbine for Every Rooftop?

These days, there are more and more options for those of you who want a small wind turbine out in the yard or on your roof. They range from the standard to the somewhat bizarre, and come in sizes that can power several major appliances all the way up to your whole house and beyond. In the right conditions, wind power can be much more economical than other renewable energy options such as solar or geothermal.

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Citgo to suspend heating oil aid for U.S. poor

Houston-based Citgo Petroleum Corp., the U.S. fuels and refining unit of Venezuelan state oil company PDVSA, plans to suspend its program to provide discounted heating oil to poor U.S. communities, according to Citizens Energy, a nonprofit which helps Citgo distribute the heating oil.

Citizens Energy chairman Joseph Kennedy said in a statement Monday that Citgo was calling off its heating oil aid programs in the United States due to "falling oil prices and the world economic crisis."

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