Word: gas
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...finalized until the new team could review them. For the environment, that meant Obama was able to save the gray wolf from being removed from the Endangered Species Act and block a pair of new air-quality rules, including one that would prevent the regulation of greenhouse-gas emissions from oil refineries. (Read "High Hopes for Obama's Green Dream Team...
...economy. (Offsets are projects in which companies pay to reduce carbon emissions more cheaply elsewhere, often by funding energy efficiency programs or through forestry, rather than cutting their own emissions.) But as the blogger and former Clinton Administration Energy Department official Joseph Romm has pointed out, total U.S. greenhouse gas emissions were 7.4 billion metric tons in 2005 - meaning that under USCAP, industry could get away with offsetting more than a 25% of total emissions...
...part to the so-called feed-in tariff, which guarantees that utility companies will buy renewably generated power at above market rates. But further growth could stall. Corn ethanol in the U.S. - which many environmentalists believe doesn't deserve the term "renewable" - has cratered, also hurt by rapidly falling gas prices. Most of all, however, clean tech businesses generally lack the political weight to jostle for the bailout funds won by older and bigger industries like the automobile manufacturers. "It's just tough for them to be heard," says Steve Sawyer, the director general of the Global Wind Energy Council...
President Evo Morales, Bolivia's first indigenous head of state, prides himself on state control over natural resources he nationalized the country's (massive natural gas reserves in 2006). If the past is any indication, electric carmakers should look to the Andes with sober eyes. "This is a unique opportunity for us," says Bolivian Mining Minister Luis Alberto Echazu. "The days of U.S. car companies buying cheap raw materials to sell expensive cars are over." Indeed, Bolivia's lithium abundance could put car manufacturers in the position of replacing one energy-rich Latin American U.S. critic - Venezuelan President Hugo Chavez...
...design and construction of [electric-car] batteries must be a core competency of GM." GM plans to build a plant soon, as well as a battery research center, along with the University of Michigan. Toyota is already majority owner of the plant that makes the batteries for its Prius gas-electric hybrid car. Other car companies are looking to manufacturing firms like Chinese BYD, a leading cell-phone battery producer, to satisfy their battery needs...