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U.S. markets recover from steep losses
WASHINGTON, Nov. 30 (UPI) -- A new cost-benefit analysis of alternative fuels indicates the ethanol blend E85 fares poorly, the U.S. project's chief researcher says.
Researcher John Graham at the Pardee Rand Graduate School was slated to discuss the study Friday at a National Academy of Sciences round-table in Washington.
Compared to gasoline, he figures, a driver could spend as much as $1,600 more on fuel over a vehicle's life burning E85, a mix of 85 percent ethanol and 15 percent gasoline.
. The study undercuts E85 at a time Detroit automakers are lobbying Congress for ethanol-supportive legislation and fuel-economy credits for building E85-compatible vehicles.
General Motors and Ford, both pro-ethanol, are among companies that support the Rand school. "They aren't crazy about the results," Graham told USA Today.
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CANBERRA, Australia, May 23 (UPI) --
Australia has passed legislation establishing the $10 billion Clean Energy Finance Corp. to provide grants and government investment to green projects.
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ORLANDO, Fla., May 23 (UPI) --
The U.S. Air Force has added Lockheed Martin to its list of companies for support of its medical services worldwide.
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The housing inventory rose slightly in April, which is unusual in the middle of the spring sales season. The uptick may be the result of rising seller confidence and it should ease concerns that the super tight inventory levels of the last six months...
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What if Europe turned out to be the new Japan?
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