Technology.am (Apr. 9, 2009) — Oil companies reluctant to follow Obama’s Green Lead, they see renewable energy as a side business that will take decades to displace fossil fuels in a significant way.
Big Oil does not consider renewable energy to be a mainstream business, Michael Eckhart, president of the American Council on Renewable Energy said.
Energy Secretary Steven Chu favors fuel efficiency and biofuels over using natural gas as transportation fuel. He said that natural gas will be used more for electricity and heating.
Gasoline-powered subcompact car don’t bring a radical jump in fuel efficiency, but electric-powered versions–some expected to be unveiled today–do.
Plug-in hybrids get better gas mileage than most other cars on the road. These cars were able to achieve an average of 93.5 miles per gallon.
EnergyHub, creator of electronic dashboards, that let people track and reduce how much energy they are using in real time, gaining a certain degree of legitimacy in an increasingly crowded field of competitors.
Companies that do home energy monitors seems to be sprouting everywhere, although few people in the U.S. use them yet.
The ZigBee Smart Energy, a producer of reliable, cost-effective, low-power, wirelessly networked smart meters, got $8 Million a new Financing for Ember to further pursue smart grid market.
Wind power, when offshore is included, could produce 20 percent of U.S. electricity load but faces competition for offshore drilling.
Researchers may have found a way to extract large amounts of natural gas from methane hydrates, also known as “ice that burns” that might contain more energy than all the world’s coal, oil and conventional natural gas combined.
In case you were worried about the planet running out of hydrocarbons, there’s always methane trapped in ice to burn.