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NSF Awards NCSU Team $2M For Research on Deriving Drop-in Renewable Hydrocarbon Fuels from Algae

Green Car Congress

It’s easy to be cost-competitive when oil is at $300 a barrel, but it’s harder when the price of oil drops. For example, people in a remote area could set up a system to grow the algae and produce the fuel on-site, rather than shipping the finished product thousands of miles. It has to be cost-competitive, or none of this makes sense.

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Honda May Develop Plug-In as Obama Alters U.S. Policy (Update2) - Bloomberg.com

Tony Karrer Delicious EVdriven

Tax Credits Instead, Obama backed tax credits of as much as $7,500 inthe stimulus package approved in February for buyers of plug-incars. Thehydrogen-powered car has a top speed of 105 miles per hour andtravels as far as 280 miles on electricity produced by its fuelcell stack. Oil prices are going to go up.

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Coming Soon – The Electric City

Revenge of the Electric Car

The first wave of electric car buying is expected to begin around December, when Nissan introduces the Leaf, a five-passenger electric car that will have a range of 100 miles on a fully charged battery and be priced for middle-class families. Price and tax incentives need to be worked out. They cost drivers on average only 2.5