Air Compression Energy is a unique form of energy generation which so far has found little takers, but the recent inflation in fuel rates has made even this as a better alternative. Air Compression Energy is produced by first compressing air inside underground caves with the help of electricity (not produced by the caves but from an outside source) then when the cave is pressurized the air is released then spinning turbines to generate electricity. Although this technology has been around for some time, it hasn't found many investors until now. PSEG Energy Holdings have announced to invest $20 million in the development of this power generation system along with storage expert Michael Nakhamkin. They will jointly lead the way to promoting this wind generation technology by using the caves once occupied by vast reserves of oil and gas. They hope to make ACE as popular as conventional wind turbine energy. BCC Research says that the US market for wind systems will be worth $60.9 billion in 2013, up from $11.2 billion this year.

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Dubai the city of extremes, after building a ski resort in the desert which could be the worst contributor of green house gases, Dubai is all set to build a new shopping mall. Shopping malls in the city spring up everyday, but what's unique in this one is that it will be built keeping LEED certification criteria as its guideline. Thereby making it the most Eco-friendly mall in the region, specifications suggest that the roof will be made of reflective materials to reduce the energy required to keep the building cool, and landscaping will include plants that need less water, along with on-site recycling for glass, paper, metal and plastic. The new Eco friendly mall will hopefully start a new green conservative trend in new shopping mall construction and maintenance.

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California's largest utility company- Pacific Gas and Electric has signed deals to build the world's two biggest solar plants that would supply electricity to 250,000 homes and reestablish the United States as the global leader in solar power, officials said Friday. Pacific Gas and Electric will use the two massive solar facilities to help it meet state requirements to generate 20 percent of its electricity from renewable sources by 2010. PG&E has signed contracts with two Silicon Valley firms, Optisolar and SunPower, to build the plants in the sunny central California coast city of San Luis Obispo, which is almost equidistant from the state's two population centers San Francisco and Los Angeles. Optisolar will build a 550-megawatt solar farm using thin-film photovoltaic panels, while SunPower will build another 250-megawatt plant on former farm land, PG&E said, adding that the OptiSolar plant alone could reduce as much carbon emissions as by 90,000 cars. Energy sector officials said that the new project is so large that it would double the entire installed base of solar power generation in the United States. The world's largest solar facility is currently in Spain with a23-megawatt generation capacity, while a 154-megawatt station is under construction in Australia.

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The other day it took me two hours by car to commute a distance that usually takes 30 minutes. With the way traffic snarls and crazy drivers are possessing the streets, do we really need more cars on the road? Especially fuel guzzling ones? The Hummer H2 SUV and SUT line-up called Black Chrome are gearing up for a 2009 release. Other than concentrating on upping the looks, I doubt Hummer has done anything to reduce fuel inefficiency in the series. Looks wise the new lineups feature black chrome detailing that includes the 22-inch chrome-clad wheels, grille, hood latches and handles, fuel filler door, door handles, mirror caps, badges, side air vents, spare tire cover emblem, rocker moldings and hood louver

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The search for a cheaper fuel has left most of the automobile industry in a tizzy; well it's not just the automobiles that are looking for the holy grail of alternate fuel. Airline fares may be low but unless they find an alternative jet fuel it will be hard not to raise the airfares if they want to stay in the aviation game. The Farnborough International Air Show exhibit was part of a collaboration and ongoing relationship between the researchers and aviation giant Boeing. The show featured the latest in turbine technology for Jet fighters and commercial aircrafts.

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We already saw the cool jacket and the Dell XPS 710 H2C PC using thermal power to cool itself or power your mobile phone, well how about powering your car’s DVD player and GPS simply by using your car exhausts as the power source while you cruise the mean roads. An average SUV produces 15 kilowatts of energy in normal city driving, when cruising between 50 and 60 mph, the generator can produce about 800 watts of power, more than enough to provide power to most on board electronics and in some cases even the water pumps. Major auto companies are working on integrating the thermo electric system into new vehicles.

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Don't think that the biggies of the retail business are going eco-conscious for no reason at all. There always is an ulterior motive as far as they are concerned. Recently giants like Wal-Mart Stores, Kohl's, Safeway and Whole Foods Market have fitted their roofs with solar panels to generate electricity on a large scale. They need to complete all the installations before the Dec. 31 deadline to take tax advantages for these projects. The trade analysts state that these projects could produce enough power to help reduce total electricity demand and depending on the location and weather, the solar panels generate 10 to 40 percent of the power a store needs. Whatever the motive, I vote in the favor of such tax benefits if they result in such eco-friendly endeavors.

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The rage in biofuels is set to get heated up even more, a University of Northern Colorado researcher has received the go ahead to study the tropical copaiba tree’s (which is also known as the diesel tree) oil producing seeds in order to understand if theses genes can be put into other plants or trees. The idea isn’t a new one since we all know that ethanol is grown and now used on a small scale as an alternative fuel. The difference with this idea is to get more trees or even grass to produce oleoresin, the use of oleoresin as a substitute for diesel isn’t new. I wonder if diesel is such an environmentally friendly solution. After all it is the reason cities smog levels are on the rise.

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News is that the EU has proposed a 120-grams-per-km emissions standard by 2012. This new regulation could adversely affect the European carmakers, edging them towards closure. Big Daddies of the business like Ferrari, Lamborghini, Maserati, Aston Martin and Porsche, would find it very difficult to comply with this ruling. LeftLane cites this example: the feather-light and relatively fuel efficient Lotus Elise S emits 196 g/km, whereas the segment average is in the 200 to 500 g/km range. According to Reuters, since exotic sports car are driven very rarely, and their limited production numbers means they only account for 0.3 percent of EU total car emissions. Whatever the case looks like the sports car industry just got a heavy-duty jolt!

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If you live nearby a tire dumping ground this could be a great idea to work on, the Recycoool is a new inflatable concept furniture which is made from used up tire tubes. The design is proposed by an Israeli designer Nir Ohayon who had set out to create furniture that was unique and yet costs not more than $100. The design looks straight out of the movie Antz which was based on the ant kingdom, there needs to be more such recycling initiatives if we are to have a more sustainable environment.

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Do you think Archie would trade his trusty old jalopy for new shiny wheels even if the government gave him £1,000 ($2,000)? Incentives and cash is what the British Government plans on offering its citizens to dump old fuel inefficient cars. Apparently a similar scheme is up in France and the Brits want experiment it on their public. Due to the increase vehicle excise duty for people owning cars bought between 2001 and 2006, the citizens have been criticizing the government. More than one million people will see their road tax double and offering people money to switch vehicles may be the right option.

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Exxon announced profits reaching up to $11.68 billion which makes it the highest profit ever made by a US company. The company maybe earning the most with its investments into oil related deals, but how much does this company invest into alternative energy research? The company officially comments that it regularly invests into alternatives but a recent ABC news cast says that the company just pushes 1% of its profits on alternative energy investments sources.

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