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Alternative Energy News Wednesday September 20th 2006
BP Plans $3 Billion Project to Refine More Canadian Heavy Crude ...
(PR Newswire (press release)) BP announced today that it has entered the final planning stage of a $3 billion investment in Canadian heavy crude oil processing at its Whiting Refinery located in northwest Indiana. BP America Inc. Chairman and President Bob Malone said the company intends to reconfigure its Whiting Refinery so most of its feedstock can be heavy Canadian crude oil.
Schwarzenegger guru says CO2 plan starts at border
(Reuters AlertNet) California Gov. Arnold Schwarzenegger's environmental adviser said his mission to change federal policy on global warming by getting vast regions of the United States to regulate greenhouse gas emissions will start with states on the Mexican border. Terry Tamminen is working with Schwarzenegger, a Republican, and Gov. Janet Napolitano, a Democrat in neighboring Arizona, to spearhead an effort to spread rules like California's to cut greenhouse gases to other states.
Chevron funds California bioenergy effort
(Pacific Business News) Chevron Corp. will fund up to $25 million in research over the next five years at the University of California-Davis to develop renewable fuels from plant waste. Chevron Technology Ventures, will support a broad range of projects focusing on converting renewable feedstocks available in California into transportation fuel.
Wind may generate 30 pct of electricity by 2030-study
(Reuters AlertNet) Wind power could generate almost 30 percent of the world's electricity by 2030 and is growing faster than any other clean energy source, a wind business group and environmental lobby Greenpeace said on Wednesday.
Hydrogen-powered BMW coming soon
(Northern Star Online) BMW recently announced the release of the hydrogen-powered 7 series for early next year. The vehicle has a top speed of 143 mph and runs off a V-12 internal combustion engine with 260 horsepower, said Andreas Klugescheid, corporate communication manager of western operations for BMW.
Royal Society tells Exxon: stop funding climate change denial
(Guardian Unlimited) In an unprecedented step, the Royal Society, Britain's premier scientific academy, has written to the oil giant to demand that the company withdraws support for dozens of groups that have "misrepresented the science of climate change by outright denial of the evidence".The scientists also strongly criticise the company's public statements on global warming, which they describe as "inaccurate and misleading".
Papermill touted for energy use
(Oshkosh Northwestern) The U.S. Environmental Protection Agency wants to hear about more companies like Neenah Paper. The Neenah firm will be recognized by the EPA today as Wisconsin's top purchaser of green power or energy made from renewable sources, including wind, solar, hyrdo and biomass.
Electric bills likely to increase 20%
(Pioneer Press Online) With a first electricity auction in Illinois complete, residential customers in northern Illinois can expect to pay about 22 percent more on their electric bills starting Jan. 2. Friday, the Illinois Commerce Commission announced the results of its auction, which ran from Sept. 4 through Sept. 8. In the end, 16 suppliers, including investment firms and energy companies, won the right to deliver power through the "reverse" auction, which asked bidders how much power they would supply at descending prices until the state could no longer lower prices and ensure needed supply.
Prop 87: A $4 Billion Tax-and-Spend Boondoggle
(Human Events) Still Kicking Along with myriad decisions on elected officials, voters across the country will be asked to weigh in on ballot measures this fall. Taxpayers will have big stakes riding in a large number of these measures, but in one - Proposition 87 in California - there are important questions of both tax and spending policy at stake.Proposition 87 will raise $4 billion in state revenue through new taxes on in-state oil extraction. In turn, the money will be used to fund a board that will dole out funds to alternative energy products and companies.
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