Archive for August, 2008

The Hybrid Hype - Overpaying for CO2

Sunday, August 17th, 2008

If you’ve been watching the talking heads on TV, not only will hybrid autos and trucks help solve the problems of foreign oil but free of from the grips of global warming.  Politicians, business leaders and even environmentalists have joined together to sing the praises of Hybrid technology.  But it’s all a big lie!

Read for yourself on Toyota’s website:               http://www.toyota.com/about/news/product/2008/05/15-1-prius.html

I was watching the Olympics and heard/saw a Toyota ad saying they have sold and shipped over 1 million hybrids and reduced CO2 emissions by 4.5 Million tons.  According to my results at the Toyota “Build Your Own” site, the hybrid 2009 Camry is $26,569 while the base 4 cylinder gas model is: $19,640.  That is nearly a $7000 difference per car, for a 4.5 ton reduction of CO2 emmissions.  The simple point is that a hybrid cost of over $1,500 per ton of reduced CO2.  The market price of UN Certified Carbon offsets, in London (the most expensive offsets Dec 2013, required by law in EU) closed on August 15, 2008 at: $44, while US voluntary offset credits which sell for $3.80 a ton. 

If you do the math on the hybrid you are buying to fight global warming, you’ll see you are over paying.  In fact, you are paying 34 times more than the highest CO2 price in Europe and nearly 400 times the cost of the of CO2 in the US market for each ton not emitted by your hybrid.  Now i’m assuming that the car itself does emit much less CO2, but that Toyota also accounted for the CO2 that went into building the hybrids, which is an honest representation.  This doesn’t necessarily mean “Don’t buy a hybrid”, it means don’t buy a hybrid to fight global warming, it’s way too expensive

What would $7000 buy? A 1 kilowatt Solar cell system for your home, installed.  That’s about $5000 of cells and a $2000 for tying into grid.  if that system generated 1 kw just 4 hours a day (about 1500 kwh a year) you save 1.5 tons of CO2 (1 ton per megawatt of coal generated electricity) each year of about twice what the Prius saves over a 5 to 7 year lifetime of the car. Meanwhile solar panels have an expected lifetime of 20 to 30 years.

Buy solar power, a windmill or an electric car if you want to fight global warming and leave the hybrid for those who can’t do the math.

Green Energy News - 8/07/08

Thursday, August 7th, 2008

Platinum Substitute Makes Cheaper Fuel Cell Possible
Scientists in Australia have invented an alternative to the costly platinum that is used in the cathodes of fuel cells. Because platinum is responsible for most of the cost of the fuel cells - to the tune of up to $4,000 - this is a major breakthrough.

The conducting polymer is also much more effective and less affected by carbon dioxide and clumping. More …
New Storage Techniques Make Alternative Energy More Viable
One of the major problems with solar and wind energy is that it doesn’t work when the sun doesn’t shine or the wind doesn’t blow. New ways of storing this energy may solve that problem and make alternative energy much more practical and available.

Using a hydrolyzer to convert electricity into hydrogen and then using an electrolyzer to split water molecules into hydrogen and oxygen may soon be done at normal temperatures and pressures, unlike current more costly and complicated methods which demand high temperatures and pressures. More …

First Wind Goes Public To Raise Funds
Shares of up to $450 million will be offered on the public market, as First Wind tries to pay down debt and raise capital for major projects. They have several contracts to fulfill, including a lab in Hawaii for the US Dept of Energy to research the feasibility of wind integration into the utility system there.

By 2013, the company plans to have 2,300 MW of operating capacity online. More …

Cathedral Joins Solar Revolution in San Francisco
Homes, factories and businesses are all turning to alternative energy, but now houses of worship are joining the Green revolution. Grace Cathedral in downtown San Francisco will install solar panels from Solar City. The project will be financed by the cathedral and PG&E and should be finished later on this year.

The city’s mayor announced the project on in a ceremony in mid July and hailed it as one more step in the California city’s goal of becoming the greenest city in the country. More …

New Wind Turbine Plant Creates Jobs
The US, which increased its wind generating capacity by 45% last year, will be the site of a new factory that will turn out more wind turbines and create about 350 new jobs in 3-4 years. While America is the fastest growing windpower market in the world, the new plant is sorely needed.

The new plant will be built in Illionois by Siemens, the company which produces more gear drives for wind turbines than any other company. More …

Green Energy News - 8/3/08

Sunday, August 3rd, 2008

Ecotricity Builds Wind Turbines for Lotus Auto Maker
Construction will soon start on three wind turbines at the Lotus car company’s factory in Hethel, England. Ecotricity received approval for the project which will power the entire auto plant.

Better yet, there will be excess electricity available - enough to power about 1,000 nearby homes. And even better, the turbines will be pollution-free. More …

A New Alternative to Corn Ethanol Shows Promise
Miscanthus, a giant perennial grass, might be one answer to the food vs fuel question. While ethanol is a good idea for cutting greenhouse gases, its production often reduces food crops and takes valuable cropland away from other uses.

Now, scientists are conducting a field trial to prove their theory that Miscanthus could change that by offsetting 20% of the gas we use to fuel cars while using only 9.3% of precious agricultural land. More …

Entrepeneur Bypasses Big Automakers With Affordable Electric Car
Philadelphia steel magnate Barry D. Bernsten is tired of waiting for GM, Ford or one of the other major automakers to come up with an electric car that most people could afford. So, he’s come up with a way to retrofit 4,000 cars with batteries and electric motors and sell them for around $15,000.

While the cars will be low-speed, low-range EVs, Bernsten says that he’ll be introducing a highway model with a longer range sometime next year. More …

Solar Powered Tour Spreads the Word on Solar Power
Louis Palmer, a Swiss schoolteacher, fervently believes that alternative energy, especially solar power, can be power the world and stop global warming. To prove it, he’s bringing his message around the world on a 55,000 km tour with his “solar taxi”.

His two seater tows a large trailer filled with solar panels and he boasts that he hasn’t paid a cent for gasoline even after driving two-thirds of the way around the world! More …

Billionaire Investor Backs Wind Energy In a Big Way
Philip Anschutz, the Colorado billionaire, is adding to his conventional investments in oil and gas with wind energy. He’s planning to construct a 100,000 acre wind farm in Wyoming to bring 2,000 MW of energy 900 miles to California, Nevada and Arizona.

The ambitious project will be the first foray into alternative energy for Anschutz, who feels that “it’s just a natural thing for a broad-based energy company…to be invested in alternative sources of clean energy”. 

More …

 

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