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Wagoner Out as GM CEO; Obama to Provide Details on New Auto Aid on Monday

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The Detroit News reported that: Obama told four Michigan members of Congress on a conference call Sunday that GM President and Chief Operating Officer Frederick Henderson would run the company for the time being, according to a source familiar with the situation. GM is not commenting on the reports. No successor has been named yet.

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NYSERDA offering up to $21.6 million to support installation and operation of stationary fuel cell systems

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The RPS, created by the state Public Service Commission in 2004 to reduce dependence on fossil fuels, is administered by NYSERDA and collected from utility ratepayers. Fox News, New York City. President and CEO of NYSERDA. The program is funded under the state’s Renewable Portfolio Standard (RPS). Coca-Cola Refreshments, Inc.,

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China Regulators Approve Acquisition of Australian Coal Company

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The multi-billion-dollar deal is the largest approved for a Chinese firm to buy an Australia raw material provider, according to the Shanghai Daily News. In 2004, Yanzhou acquired Southland coal mine in Australia (renamed as “Austar Coal Mine”), marking the first successful acquisition of an overseas coal mine by a Chinese coal enterprise.

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Fairbanks Morse Engine and Achates Power team up on opposed-piston engines

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Achates Power began modernizing opposed-piston engines in 2004, inspired by the record-setting Junkers Jumo 205 diesel aircraft engine. Enviro-Design technology is available with the company’s Opposed Piston, FM-MAN 32/40 DF, and the Colt-Pielstick PC2.5/6 while meeting the most stringent, global vehicle emissions standards.

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SEC issues cease-and-desist order against split-cycle engine developer Scuderi Group for violations of Securities Act

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In its order, the SEC noted that between 2004 and 2011, Scuderi Group sold more than $80 million worth of securities through offerings that were not registered with the Commission and did not qualify for any of the exemptions from the Securities Act’s registration requirement. —SEC order (Release Nº 33-9407).

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Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

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The 15 th Congress, also known as the 15 th Conference of Parties, or COP 15, was initially intended to be a largely procedural summit, with many major negotiating points settled and most environmental ministers prepared to sign a binding emissions treaty that contained specific emissions targets as well as commitments to financing structures.

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Toshiba To Begin Mass-Producing Portable Direct Methanol Fuel Cells in 2009

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Separately, IDG News reported that Toshiba will begin selling its first direct methanol fuel cell (DMFC) battery chargers later than expected after it ran into problems securing certain components for them. The Nikkei said that Toshiba aims to lower the price to several thousand yen after ramping up output.

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