article thumbnail

Perspective: Ending Oils Monopolya Blueprint for Mobility Choice

Green Car Congress

Of course, other countries benefit from this fact, with about $900 million flowing out of the US to buy foreign oil every day, and about 40% of that going to OPEC. [ As a result, America continues to be entangled with unfriendly or shaky regimes, which compromises the safety of our troops and our foreign policy objectives.

Oil 255
article thumbnail

IRENA report finds renewable power costs at parity or below fossil fuels in many parts of world

Green Car Congress

The report, “ Renewable Power Generation Costs in 2014 ”, concludes that biomass, hydropower, geothermal and onshore wind are all competitive with or cheaper than coal, oil and gas-fired power stations, even without financial support and despite falling oil prices. —Adnan Z. Amin, Director-General of IRENA. kWh in Africa.

Renewable 150
article thumbnail

EIA 2035 reference case projects drop in US imports of petroleum due to modest economic growth, increased efficiency, growing domestic oil production, and biofuels

Green Car Congress

The outlook reflects increased use of LNG in markets outside of North America, strong domestic natural gas production, reduced pipeline imports and increased pipeline exports, and relatively low natural gas prices in the United States compared to other global markets.

Oil 210
article thumbnail

Soon an Electric Vehicle Will Cost Less Than An IC Engine Vehicle !!!

Get Electric Vehicle

By 2027, electric cars and vans would be cheaper to manufacture than traditional, fossil-fuel-powered vehicles, according to analysis, and stricter pollution controls could place them in pole position to overtake all new car sales by the middle of the decade. Rays of Hope. Dedicated Manufacturing Plants and Methods. Battery Swapping.

article thumbnail

EPA announces 2011 Presidential Green Chemistry Challenge Awards; green chemistry market opportunity projected to be $98.5B by 2020, about 2% of total market

Green Car Congress

The awards recognize pioneering chemical technologies developed by leading researchers and industrial innovators who are making significant contributions to pollution prevention in the United States. Genomatica expects Bio-BDO to be competitive at oil prices of $45 per barrel or at natural gas prices of $3.50

Green 236
article thumbnail

The Road to Independence

Plug In Partners

The next hurricane that slams into the Gulf Coast could send prices up at the pump again. But the next car bomb that successfully explodes at a major Saudi oil facility could send fuel pump prices above $5 or $6 per gallon. Plug-ins could make a big dent in global warming pollution.

Oil 100
article thumbnail

September '06 - Tesla Roadster Unveiled, Electric Cars NOT DEAD YET!

Plugs and Cars

The result has been not only greater visibility for our cause but also increased membership for both the EAA and Plug In America. Oil prices peaked once again at over $75 a barrel. Plug In America is working to support the efforts of Pasadena. The countdown to delivery begins.