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Joint IEA-NEA report details plunge in costs of renewable electricity; nuclear competitive with other baseload power sources

Green Car Congress

The report, Projected Costs of Generating Electricity: 2015 Edition , also shows that new nuclear power plants generate electricity more cheaply than other established “baseload” sources—mainly coal- and gas-fired power plants—over the full lifetime of facilities when financing costs are relatively low.

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Emissions of Air Pollutants down in EU-27

Green Car Congress

The downward emission trend of three main pollutants which cause ground-level ozone continued in 2007: carbon monoxide (CO) fell by 57%, non-methane volatile organic compounds (NMVOCs) were down by 47% and nitrogen oxides (NO x ) have dropped 36%. EU-27 emissions of all four pollutants were lower in 2007 than in 2006.

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Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

Today BYD employs 130,000 people in 11 factories, eight in China and one each in India, Hungary, and Romania. One way or another, Sokol says, energy companies will need to produce more energy while emitting less carbon dioxide. tons of carbon dioxide. near Motorola, and another 20 or so work in San Francisco, not far from Apple.

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Buffett's Chinese electric car company

Tony Karrer Delicious EVdriven

Today, BYD employes 130,000 people in 11 factories, either in China and one each in India, Hungary and Rumania. That track record—and that potential—is what persuaded Warren Buffett’s company, Berkshire Hathaway, to buy 10% of BYD last fall for $230 million. This could turn out to be one of Buffett’s very best deals.

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