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NHTSA calculates US motor vehicle crashes in 2010 cost $871B in economic loss and societal harm

Green Car Congress

The US Department of Transportation''s National Highway Traffic Safety Administration (NHTSA) released a new study that finds the price tag for motor vehicle crashes in the US in 2010 carried a cost of $871 billion in economic loss and societal harm. The economic cost of motor vehicle crashes in the US is the equivalent of 1.9% of the $14.96

2010 246
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Corsa Ginetta-Zytek to Race as Hybrid at Lime Rock

Green Car Congress

The car is homologated—fully legal to race as a hybrid—and is no longer running as a conventional race car come Lime Rock. The US Department of Energy (DOE) along with US Environmental Protection Agency (EPA) and SAE International have recognized the Series as the first and only motorsports body to meet the criteria for “green racing.”

Zytek 150
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Perspective: The Gulf Coast Claims Facility Limits BP’s Liability and Guarantees Continued Operation in the Gulf of Mexico

Green Car Congress

Unfortunately, GCCF, with the complete political and financial support of the Obama administration but without any legal authority for doing so, circumvents many of the rights provided to oil spill victims under OPA. Tags: Brief. Full article is here.

Mexico 284
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Cyclone Power Technologies Enters Prototyping Phase with Licensee in China

Green Car Congress

This involves creating secure computer network systems, implementing confidentiality agreements, educating personnel, establishing government liaisons, and retaining legal professionals to monitor and, if necessary, prosecute patent infringement cases in China. Tags: Brief. Robert Devine, Managing Director of GWAPS.

China 186
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Petroleum Marketers and Renewable Fuels trade groups join to warn retailers to hold off on E15 sales except to FFVs until regulations finalized

Green Car Congress

As many of you know from previous communications, there are a cadre of regulations, standards, and labeling issues that must be addressed to allow retailers to legally offer E-15 to those non-flexible fuel vehicles the EPA has approved. Tags: Brief. —PMAA/RFA joint memorandum.

Renewable 218
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Cyclone Power Technologies Finalizes License to Manufacture Engine Systems for China Market

Green Car Congress

Additionally, GWAPS will invest capital to provide for legal and financial structuring, government outreach, and intellectual property protection, including retaining professional organizations to monitor and, if necessary, prosecute patent infringement cases in China. Tags: Brief.

China 170
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Marathon acquires additional Eagle Ford Shale assets for $3.5B

Green Car Congress

Potential opportunity to acquire approximately 14,000 additional net acres through tag-along rights and other leasing. The legal advisor to Marathon for this transaction is Baker Botts and the financial advisor is Barclays Capital. Approximately 90% operated with 65% average working interest. Jefferies & Company, Inc.

Ford 210