The smell of trade war is suddenly in the air. Mr. Obama slapped a 35% tariff on Chinese tires Friday night, and China responded on the weekend by threatening to retaliate against U.S. chickens and auto parts. That followed French President Nicolas Sarkozy's demand on Thursday that Europe impose a carbon tariff on imports from countries that don't follow its cap-and-trade diktats
Energy: Exxon Mobil's surprise decision to join Trans-Canada on a vast Alaska gas pipeline project is a big step toward making the U.S. self-sufficient in domestic energy. By defying naysayers, Sarah Palin is now vindicated. It must be sweet vindication for Alaska's governor.
Inspired by conservative talk radio host Mark Levin, teacher has class recite Declaration of Independence, Preamble of the Constitution, even sing 'America the Beautiful'...Ray Charles would be proud
The Nazis used the so-called Fisher-Tropsch process to provide up to half of their transportation fuel needs during World War II. Later, South Africa began a major coal-to-liquids program during the Apartheid era and now maintain the world's largest CTL industry in the world. The country's factories produce 160,000 barrels of fuel a day, a little more than all the residents and businesses in Utah use each day.
The traditional process uses carbon monoxide, carbon dioxide, and hydrogen as the ingredients in the molecular soup that gets turned into hydrocarbons. The Science process uses just CO2 and hydrogen.
Glasser's new production method allows them to set a lower limit on the amount of energy that would be needed to transform solid coal into fuel. The very best possible CTL process would require 350 megawatts of input to make 80,000 gallons of fuel; the current process uses more than 1,000 megawatts.
Even with the small efficiency gains, a large, domestic, carbon-intensive source of transportation fuel would throw a wrench into many plans to reduce emissions from vehicles.
"What they're proposing is simply not allowable if we want to avoid the perils of unconstrained anthropogenic climate change," Karecha said.
("What they're proposing is simply not allowable if we want to avoid the mythical perils of unconstrained anthropogenic climate change," Karecha said. - ftfy, Roland)
The Terrafugia Transition is a two-seater plane that at the touch of a button converts into a road-legal car. It takes its maiden flight next month and is scheduled to hit the showrooms by next year. You can’t help but wonder whether, if Bob Nardelli and Rick Wagoner, of Chrysler and General Motors respectively, had been forward-thinking enough to fly into Washington DC in swept-wing Dodge Vipers and Cadillac Escalades instead of corporate jets when they were seeking bailout cash, they would have been showered with government money, downturn or no downturn.
The Department of Defense is preparing budget cuts in response to the decline in national income. The DOD budgeteers and their counterparts in the White House Office of Management and Budget apparently reason that a smaller GDP requires belt-tightening by everyone
So many areas of endeavor that once embodied the youth and energy of this great land are now old and sclerotic. I include, naturally, my own industry. I loved the American newsrooms you saw in movies like "The Front Page," full of hard-boiled, hard-livin' newspapermen. By the time I got there myself, there were no hard-boiled newspapermen, just bland, anemic newspaperpersons turning out politically correct snooze sheets of torpid portentousness. The owner of The Los Angeles Times and Chicago Tribune recently filed for bankruptcy protection. The New York Times is mortgaging its office to fund debt repayment. The Detroit Free Press is cutting out home delivery except on Thursdays, Fridays and Sundays, thereby further depressing sales of delivery trucks in the Motor City.
The newspapers blame the Internet, just as Detroit blames Japan. But the Japanese have problems of their own. One day they'll get theirs. That's the beauty of capitalism. Nothing is forever.
For decades, we've fantasized about watching paper-thin TVs, soaring hundreds of feet with personal jetpacks, riding in cars that drive themselves, and re-growing organs.
The 21st annual Best of What's New celebrates all of those dreams coming true. Now we've collected them all into one single slideshow. Launch it here to learn about these achievements and 96 other breakthroughs that, whether long awaited or completely unexpected, are equally amazing.
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