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| German Biofuel Industry Collapsing Under New Taxes Posted: 27 Nov 2009 08:48 AM PST
Not everyone wants to save the planet. This is a sad, but true fact. Yet everyone who lives and works within a capitalist economy loves saving money. So it’s good for the planet that, in many cases, saving money and green initiatives go hand in hand by providing an increased economic benefit while lessening environmental impact. Many of these benefits come directly from the government, such as tax exemption status or tax credits for using alternative fuels in vehicles. And as the German biofuel industry is showing us, taking away those economic benefits can lead to the utter collapse of what looked like a maturing faucet of biofuel. |
| EV Batteries Could Be Used To Boost Nation’s Energy Grid Posted: 27 Nov 2009 08:38 AM PST
Most of us have been in this situation before; you’re up late cranking away at some work project or homework assignment as thunder and lightning dance outside your window, shaking the whole house. Then the power goes out. All your work is gone, as is your time, and you’re left with frustration and darkness until the power goes back on. Yet imagine if power outages were a thing of the past? Electric cars could provide the answer, as well as a boost to the U.S. power grid. The U.S. Department of Energy is lending funds to several automakers, including Detroit Electric and Chrysler, in a bid to promote these technologies. |
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