The German government plans to tax airline passengers as much as €26 ($33) per flight as part of a plan to reduce carbon dioxide emissions and other environmental impacts of the aviation industry and to generate revenue. Passengers will be required to pay €13 per flight up to 1,553 miles within the European Union and €26 for longer flights departing (more…)
The San Francisco to Silicon Valley corridor made many a millionaire during the dot-com boom as companies wanted their mail to arrive at a place close to technical talent and potential investors. While much smaller in scale, the industry for electric vehicle charging technology is also being largely centered in the Bay Area for similar reasons. (more…)
A slender, glider-like plane has completed the first night flight powered by solar energy, staying aloft for 26 hours and flying higher and longer than any previous solar flight. The Solar Impulse, with a 193-foot wingspan and weighing only 3,500 pounds, completed its record-breaking flight over Switzerland, soaring to (more…)
Yesterday, President Obama spoke with workers at Smith Electric’s new factory in Kansas City. Missouri. With a $32 million grant under the American Recovery and Reinvestment Act coupled with $36 million in private capital, the electric vehicle company is building up to 500 all-electric trucks.
While he was there, the President also had the pleasure of announcing the company was hiring its 50th worker at the plant. By September, that number is expected to grow to 70, and at the project’s peak, Smith tells us the project will create more than 220 direct and indirect jobs. As the President said:
1. Solar Sugar Daddy: During his Saturday address, President Obama lavished an astonishing $2 billion in loan guarantees upon two solar companies. This upended the administration’s seedling strategy with renewables — a few million for algae research here, a few million for efficient buildings there — without choosing winners. No question, then, that Spanish firm Abengoa is a favorite horse, receiving $1.45 billion for its plans to build 250 megawatts of solar concentrators outside Phoenix, Arizona. (more…)
Imagine that every car in America was an Electric Vehicle (EV) powered by a electric battery like the Tesla’s (Nasdaq: TSLA) Roadster. Imagine also that each and every car was powered with solar energy. Here’s a question: what amount of land would you need to generate the solar energy to power every electric vehicle in America? And how would that solar acreage compare with the land surface that the oil industry uses to drill today?
I did the numbers and the answer will surprise you. (more…)
We’ve all heard the “recycle, reduce, reuse” mantra. However, to really combat the current problem of overconsumption and reduce unnecessary waste, this saying should be flipped on its head: “reduce, reuse, recycle.” Recycling is reactive, and society needs to combine it with a proactive solution, because recycling alone will not “fix” our current consumption problem. The first step should be reducing (more…)
The Leaf Stampede: Nissan revealed that 90 percent of the U.S. presale orders for the all-electric Leaf are customers new to the Nissan brand. Perhaps there’s a lesson for other companies: Lead the way into green, and a whole new class of customers could follow.
On a day when the rest of the stock market was tanking, Tesla Motors cruised to an IPO win worth $226.1million.
Concerns over consumer confidence, the European economy and growth in China brought the market to its lowest level of the year finishing down 268 points. Don’t tell Tesla. In a clear testament to the position the automaker has already achieved as a brand, investors lined up for a ride as the company became the first American car manufacturer to go public since Ford in 1956. (more…)