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Environmental News Network - Alternative Energy
Something Had to Give: How Oil Burst the American Bubble (View Original Story)
Source: Posted: 02-03-2008 at 11:00:57
| The economic bubble that lifted the stock market to dizzying heights was sustained as much by cheap oil as by cheap (often fraudulent) mortgages. Likewise, the collapse of the bubble was caused as much by costly (often imported) oil as by record defaults on those improvident mortgages. Oil, in fact, has played a critical, if little commented upon, role in America's current economic enfeeblement - and it will continue to drain the economy of wealth and vigor for years to come. |
Rounding up gases, nano-style (View Original Story)
Source: Posted: 02-03-2008 at 11:00:57
| Chemists unveil new process for capturing and storing gas; potential spin-offs include improvements to greenhouse gas management and fuel cell development.
A new process for catching gas from the environment and holding it indefinitely in molecular-sized containers has been developed by a team of University of Calgary researchers, who say it represents a novel method of gas storage that could yield benefits for capturing, storing and transporting gases more safely and efficiently.
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