article thumbnail

UPS plans to build 9 additional LNG stations at cost of ~$50M

Green Car Congress

UPS began using LNG tractors in its delivery fleet in 2002. Currently, UPS operates LNG tractors in Las Vegas, Nev., Phoenix, Ariz., Beaver and Salt Lake City, Utah, and, Ontario, Calif. Building these fueling stations is a solid future investment for UPS.

Cost Of 236
article thumbnail

NREL and GM announce multi-year R&D partnership to reduce cost of automotive fuel cells

Green Car Congress

1 in total fuel cell patents granted in 2013, and continues to lead all companies in total fuel cell patents granted since 2002. According to The Clean Energy Patent Growth Index, GM ranked No. NREL’s work on the project is funded by the Energy Department’s Fuel Cell Technologies Office in the Office of Energy Efficiency and Renewable Energy.

GM 268
article thumbnail

Biden authorizes release of more than 180M barrels of oil from Strategic Petroleum Reserve; 1M bpd for 6 months

Green Car Congress

In an effort to address the rapidly increasing cost of gasoline, President Biden authorized the release of 1 million barrels of oil per day for the next six months—more than 180 million barrels—from the Strategic Petroleum Reserve (SPR). The newly authorized drawdown will come from all four storage sites.

Oil 418
article thumbnail

SOFC-maker Bloom Energy announces initial strategy for hydrogen market entry; partnership with SK

Green Car Congress

Since 2002, Bloom has been awarded 19 patents for its solid oxide electrolyzer technology. Over time, it has improved the efficiency and aggressively reduced the cost of its products and expects this trend to continue. Bloom’s electrolyzers would allow SK to play a vital role in helping to meet these targets. —Jason Ahn.

Hydrogen 386
article thumbnail

New Report Concludes That Real Costs of Adapting to Climate Change Will Likely Be At Least 2-3X Greater Than Current Estimates

Green Car Congress

Scientists led by a former co-chair of the Intergovernmental Panel on Climate Change are warning warn that the UN negotiations aimed at tackling climate change are based on substantial underestimates of what it will cost to adapt to its impacts. But previous estimates of adaptation costs have substantially misjudged the scale of funds needed.

article thumbnail

Tesla’s Elon Musk cites popular Eminem rap song in latest response to SEC

Teslarati

. “The First Amendment requires that agencies proceed with caution when constitutional rights are at stake, not seek to pursue any and all novel theories that broaden their authority at the cost of individual freedom. ’) with Citadel Broad.

2002 145
article thumbnail

DOE-released report finds significant growth in fuel cell industry in 2011, forecasts continuing growth through 2012

Green Car Congress

At the same time, fuel cell durability has doubled, expensive platinum content has been reduced by a factor of five, and the cost of fuel cells has fallen 80% since 2002. DOE fuel cell research and development efforts have successfully generated more than 300 patents and enabled more than 30 technologies getting to market.

2011 252