Petroleum was formed by the compression and heating of biomass over millennia. Chemical engineers at the University of Michigan hope to do it in minutes.They are applying heat and pressure on microalgae, exploring a method to create affordable biofuel that could replace fossil fuels. They also hope to use the byproducts of bio-oil production as feedstock for more biofuel.
In 2001, Matt Chasen’s mother wanted to send an antique dresser from Ohio to Texas, but was staggered when she received a $1,000 shipping quote — far more than the dresser was worth. Unable to find a cheaper option, she never sent it.
See how this prompted an entrepreneur to find his blue ocean business.
A great reputation for safety doesn’t count for much if your car crashes during a demonstration of its crash-avoidance technology.
While the words “green” and “mansion” don’t really play nice together, this home — called the Acqua Liana — is certainly a testament to big-thinking green design.
Talking of casinos, it instantly brings to mind the glittering city streets of Las Vegas, where fantasies are reality and high life has a whole different meaning.
City lights have to be one of the biggest energy suckers around, and making them more efficient should lead to massive energy savings.
Those of us who have been part of a group and needed to collect money from people know how awkward it can be, and this is where newly launched WePay comes in.
At the height of the crisis, Treasury guaranteed over $3 trillion in assets to prevent a run on money market mutual funds. The program achieved its purpose, and we terminated it in September. Not only did it not cost the taxpayers anything, it earned them $1.2 billion in fees.
The Lotus Evora concept, scheduled for a debut at the Geneva Motor Show, could well be the next step for hybrid vehicles.
Dispatches From The Front 