ExxonMobil furthers algae biofuels research, the Home Star is receiving lots of support, and Chevy offers an 8-year/100,000 mile warranty on their Chevy Volt batteries.
ExxonMobil Corporation & Synthetic Genomics have just opened a research greenhouse facility that will provide the partners the opportunity to further test the viability of algae based biofuels. Researchers will use the facility, which is based in La Jolla, California to conduct tests that will find whether large quantities of affordable fuel can be produced from algae. If the research progresses as planned, then ExxonMobil plans to spend $600 million over the next 10 years to further the commercialization of algae biofuels.
Well it looks like the HOMESTAR bill is receiving lots of support from companies, organizations and political leaders from all over the country. A group called the HOME STAR Coalition has sent an open letter to President Obama and the US Senate encouraging the inclusion of the HOME STAR legislation in the Small Business Jobs bill that’s currently being discussed on the hill. The HOME STAR Coalition has 25 Senators more than 2,000 small and medium sized businesses and organizations from every state in the country publicly supporting the letter and the proposed legislation which calls for the widespread adoption of more energy efficiency measures. They argue that the legislation will create more than 168,000 jobs over the next 2 years and huge savings for homeowners.
As Chevrolet gears up for the release of their new electric Volt, the car manufacturer has announced that they will be offering a standard, eight-year/100,000-mile warranty on its advanced, lithium-ion battery, which is the longest in the industry. The battery warranty covers all of the battery’s components and is fully transferable. For those that haven’t heard about the volt before, the car has been designed to run strictly on electricity for the first 40 miles. When the electric battery runs low, an engine/generator kicks on to extend the driving range another 300 miles on a full tank of fuel.
Tags: Algae biofuels, Chevy Volt, daily energy news, daily energy report, electric battery warranty, electric gars, energy efficiency, energy news, energy report, ExxonMobil, green jobs, Home Star Coalition, homestar bill, lithium-ion battery, Synthetic Genomics