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Energy News Articles

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Vehicle mileage estimates get real
2006-12-12, Los Angeles Times,0,1026595.story

That 55-mile-per-gallon hybrid car you've been eyeing may end up being a 44-mpg hybrid. The federal Environmental Protection Agency announced a new system Monday for evaluating fuel economy that will lower mileage estimates for most vehicles. On average, vehicles rated under the 2008 method will post a 12% drop in city gasoline mileage and an 8% decline in highway mileage. With the new testing requirements, the EPA is attempting to come up with estimates that more closely reflect the real-world mileage motorists can expect when they purchase a vehicle. Under the current system ... actual mileage is often far lower than the posted EPA ratings. Hybrids will be hit harder because the new test eliminates some of the all-electric driving that helped them produce impressive results. A recent study ... found that the average mileage for passenger cars and light trucks was about 14% less than EPA estimates. The mileage for gas-electric hybrids probably will be 20% to 30% lower than present estimates for city driving and 10% to 20% lower on the highway. These vehicles quickly lose their all-electric advantage when operated in cold weather or quickly accelerated. The new EPA mileage estimates won't harm automakers' ability to meet federal rules requiring an industrywide average fuel economy of 27.5 miles per gallon for cars and 21 mpg for sport utility vehicles, pickup trucks and vans.

Note: The government could easily mandate higher gas mileage, but has not significantly raised the bar in almost 20 years. Why? The current average mileage for all cars is less than the mileage of the 1908 Model T. With all of the incredibly technological advances in other fields, how is this possible? For more on this vital topic, click here and here. Toyota came out with a hybrid that got 100 mpg in 2002. For what happened to it, click here. And to learn how a Toyota Prius can be converted to get 100 miles per gallon, click here.

Who Killed the Electric Car?
2006-07-10, Popular Science magazine

Chris Paines documentary film "Who Killed the Electric Car?" argues convincingly that there was indeed a market for the cars and a devoted one, ... but that GM [General Motors] squashed the EV1 because, quite simply, it threatened the livelihood of the entire automotive industry. The car used no gasoline, no oil and no mufflers, and it required only sporadic brake maintenance. Each of these components represents billions of dollars in profits for the industry. GM, the oil companies and various government agencies argued that the car wasnt practical, didnt have enough range for consumers and was less promising than the apparently imminent hydrogen technology. The reality was exactly the opposite, Paines film suggests the viability of hydrogen as an automotive fuel source alone is in fact almost comically optimistic. The whisper-quiet EV1 was designed by [an] aviation pioneer, Paul MacCready of AeroVironment. In the 1970s, MacCready built the only successful human-powered aircraft, the Gossamer Condor and the Gossamer Albatross. His solar-powered electric car Sunraycer, built for GM, won the 1987 World Solar Challenge Race in Australia. His corporate mantra is "do more with less" that is, focus on creating vehicles that require less energy to operate, not on finding ways to pump more power into inefficient systems. His teams battery-powered EV1 was a triumph of engineering and a joy to operate.

Note: For lots more on key suppressed automotive and energy inventions, click here.

Beam weapons almost ready for battle
2006-01-11, MSNBC

LOS ALAMOS, N.M. - There is a new breed of weaponry fast approaching. They are labeled "directed-energy weapons," and they may well signal a revolution in military hardware -- perhaps more so than the atomic bomb. Directed-energy weapons take the form of lasers, high-powered microwaves and particle beams. Their adoption for ground, air, sea, and space warfare depends not only on using the electromagnetic spectrum, but also upon favorable political and budgetary wavelengths too. After more than two decades of research, the United States is on the verge of deploying a new generation of weapons that discharge beams of energy, such as the Airborne Laser and the Active Denial System, as well as the Tactical High Energy Laser, or THEL. Then theres Active Denial Technology -- a non-lethal way to use millimeter-wave electromagnetic energy to stop, deter and turn back an advancing adversary. This technology, supported by the U.S. Marines, uses a beam of millimeter waves to heat a foes skin, causing severe pain without damage, and making the adversary flee the scene. By tuning the resonance of a laser onto Earths ionosphere, you can create audible frequencies. Like some boom box in the sky, the laser-produced voice could bellow from above down to the target below: "Put down your weapons."

On the Biodiesel Bandwagon
2005-07-10, San Francisco Chronicle (Leading newspaper of San Francisco)

Economists have predicted that 2005 is the year of the "global oil- production peak," when the world produces the most oil it will ever produce. And so ends the era of cheap fossil fuels, taking with it everything we've associated with modern American living: cheap groceries, cheap electricity, cheap construction, cheap beer, cheap everything. Because without cheap fossil fuel, nothing is cheap; and without cheap stuff, our society will soon be a very, very different place. A better place. At least for Ben Jordan. "The sooner we get rid of fossil fuels," explains Jordan, "the sooner we can have alternatives like biodiesel." Using vegetable oil as fuel isn't new; in fact, it's what the diesel engine was originally intended to run on. When Rudolf Diesel first showcased his engine at the 1900 World's Fair in Paris, he used peanut oil. Diesel engines -- operating solely on vegetable oils -- got an average of 30 percent more miles per gallon than traditional combustion engines, and soon became the standard for buses, trucks, freightliners and marine craft. In the 1920s, impressed by the efficiency of the engine and eager to control the diesel market, oil companies forced car manufacturers to modify diesel engines to run off their huge supplies of cheap, low-grade petroleum diesel. And the world's cities have been clogged with sooty, black, highly polluting diesel exhaust ever since.

Note: For many promising reports on new energy developments, click here.

Advanced vehicles demonstrate zero oil-consumption, reduced emissions
2005-05-18, Boston Globe

Carmakers such as Toyota and Honda can't seem to make hybrid vehicles fast enough to keep up with public interest. Interest in this new technology is growing, and one group is highlighting these technical marvels in a yearly event called the Tour de Sol. Top prize for the Monte-Carlo Rally went to a modified Honda Insight driven by Brian Hardegen, of Pepperell, who broke the 100-mile-per-gallon barrier over a 150-mile range. The car actually got 107 miles-per gallon. St. Mark's High School in Southboro, and North Haven Community School, North Haven, ME, demonstrated true zero-oil consumption and true zero climate-change emissions with their modified electric Ford pick-up and Volkswagen bus. More than 60 hybrid, electric and biofueled vehicles from throughout the US and Canada demonstrated that we have the technology today to power our transportation system with zero-oil consumption and zero climate-change emissions.

Note: If the above link fails, click here. If high school students can do it, why aren't the car companies seriously developing these technologies? And why are car manufacturers not able to keep up with demand on hybrid vehicles? For more, click here.

Halliburton operates in Iran despite sanctions
2005-03-07, MSNBC News

in January, Halliburton won a contract to drill at a huge Iranian gas field called Pars, which an Iranian government spokesman said "served the interests" of Iran. "I am baffled that any American company would want to have employees operating in Iran," says Sen. Susan Collins, R-Maine. "I would think they'd be ashamed." Halliburton says the operation videotaped by NBC News is entirely legal. It's run by a subsidiary called "Halliburton Products and Services Limited," based outside the U.S. In fact, the law allows foreign subsidiaries of U.S. corporations to do business in Iran under strict conditions. Other U.S. oil services companies, like Weatherford and Baker Hughes, also are in Iran. And foreign subsidiaries of NBC's parent company, General Electric, have sold equipment to Iran. For Halliburton to have done this legally, the foreign subsidiary operating in Iran must be independent of the main operation in Texas. Yet, when an NBC producer approached managers in Iran, he was sent to company officials in Dubai. But they said only Halliburton headquarters in Houston could talk about operations in Iran.

Warming Up to Cold Fusion
2004-11-21, Washington Post

Peter Hagelstein is trying to revive hope for a future of clean, inexhaustible, inexpensive energy. Fifteen years after the scientific embarrassment of the century ... a panel of scientists gathered. The panel's charge was simple: to determine whether [cold fusion] had even a prayer of a chance at working. The Department of Energy went to great lengths to cloak the meeting from public view. No announcement, no reporters. None of the names of the people attending that day was disclosed. Since 1989, hundreds of scientists working in dozens of labs around the world have claimed ... results. Supporters point to the written literature -- more than 3,000 papers -- as proof of the effect. But the most credible cold fusion advocates concede that the vast majority of those papers are of poor quality. "Brilliant," "genius" and "reclusive" were words used to describe [SRI scientist Peter] Hagelstein 20 years ago, when he rose to prominence as one of the young scientists behind President Ronald Reagan's plans to build a missile shield in outer space. Hagelstein [now] describes the mainstream scientific community as "mafias" that promote and publish their friends' work, unwilling to accept new ideas. As Hagelstein explains it, leading physicists came out swiftly and prematurely against cold fusion. Hagelstein says his acceptance of cold fusion was by no means immediate. It took several years before he was convinced. [Now] Hagelstein says, he has seen enough cold fusion data to convince him that the science is clearly real. The field's acceptance, he maintains, will be simply a matter of the scientific community's looking at the improved experimental results in the future and coming to understand them.

Note: If the above link fails, click here. Why all the secrecy around this important topic? To learn why the power elite don't want cheap energy, click here.

Fuel Of Of The Future?
1996-08-06, Seattle Times

Inventors who are mixing water with fuel to power engines say they're onto something big. German-born inventor Rudolf Gunnerman [believes] that one of the world's most common compounds - good old tap water - can be blended with fuel to power your car, truck or lawn mower. Gunnerman claims to have devised a means to blend water with naphtha in order to power engines in a cleaner, cheaper, more efficient way. "New ideas and better ideas are not necessarily found by universities or by large companies. New ideas and better ideas are found by people who look for them," says Gunnerman, 68. "Caterpillar" is the single word that brings a degree of credibility to Gunnerman's claims. The Peoria, Ill.-based heavy- equipment manufacturer entered a joint venture with Gunnerman in July 1994. Together, under the name Advanced Fuels, they've conducted experimental uses of the A-21 fuel - made up of 70 percent naphtha, a crude-oil byproduct, and 30 percent water. And now, Paccar Inc. is throwing its trucking weight in Gunnerman's corner. The Bellevue-based manufacturer of Kenworth and Peterbilt trucks recently sent a truck to Peoria for testing with the A-21 fuel. Paccar changed out the engine to add a Caterpillar engine and modified the cylinders and fuel injectors to handle more fluid volume. They also did a series of baseline tests of noise, cooling, drivability and fuel economy, said Jim Reichman, Paccar's technology-development manager. Back at Paccar's Mount Vernon technical center, Reichman is enthused. "We're pretty pleased with it," he said.

Note: For key reports from reliable sources on new energy developments, click here.

Half gas, half water: does it work?
1996-02-11, Salt Lake Tribune

It seems too good to be true, but rigorous tests under way in Nevada, California and Illinois show a breakthrough fuel that is more than half tap water could power the nation's vehicles, trains and gas-powered aircraft by century's end. The milky fuel was developed by Reno inventor Rudolf Gunnerman and is being pushed through the federal fuels-testing labyrinth by Gunnerman and diesel giant Caterpillar Inc. It has passed every test thrown at it. In virtually all categories, it tops conventional gasoline and diesel as a clean, cheap and safe fuel that can be used in almost any combustion engine. If it works -- and disinterested outsiders who have tested it say it may -- drivers could see the price of gasoline cut more than half. "Everybody said it cannot work, that I'm a fraud,'' the German-born inventor said. No one's laughing now: Nevada last November certified the water-based fuel as a "clean alternative fuel,'' meaning it can be used to meet federal mandates requiring clean fuels in fleets and other vehicles. The Energy Department is awaiting test data from trials run by Caterpillar before passing judgment. If DOE reaches the same conclusion as Nevada, Gunnerman's concoction could be used as a clean fuel in all states.

Note: If the above link fails, click here. Why didn't this exciting development make headline news? For lots more showing very promising results on this most intriguing invention, click here. For exciting reports from reliable sources on highly promising new energy developments and technologies, click here and here.

"Death Ray" for Planes
1940-09-22, New York Times

Nikola Tesla, one of the truly great inventors [says] that he stands ready to divulge to the United States government the secret of his "teleforce," of which he said, "airplane motors would be melted at a distance of 250 miles, so that an invisible 'Chinese Wall of Defense' would be built around the country against any enemy attack by an enemy air force, no matter how large." This "teleforce" ... would operate through a beam one-hundred-millionth of a square centimeter in diameter, and could be generated from special plant that would cost no more then $2,000,000 and would take only about three months to construct. A dozen such plants, located at strategic points along the coast, according to Mr. Tesla, would be enough to defend the country against all aerial attack. The beam would melt any engine, whether diesel or gasoline driven, and would also ignite the explosives aboard any bomber. No possible defense against it could be devised, he asserts, as the beam would be all-penetrating. The beam [would involve] a new method for producing "a tremendous repelling electrical force." This would be the projector, or the gun of the system. The voltage for propelling the beam to its objective, according to the inventor, will attain a potential of 80,000,000 volts. With this enormous voltage, he said, microscopic electrical particles of matter will be catapulted on their mission of defensive destruction.

Note: If you are unable to access this article at the link above, you can also find it at this link. The technology Tesla was exploring here may well have been used in the currently functioning HAARP facilities, which some researchers believe are being used to manipulate weather and more. For an abundance of reliable information on HAARP, click here. For an amazing 35-page autobiography by Tesla himself, click here.

Tesla at 75
1931-07-20, Time Magazine,9171,742063,00.html

Nikola Tesla (pronounced Teshlah) [invented] the Tesla induction motor which made alternating current practical, and the Tesla transformer which steps up oscillating currents to high potentials. Last week was Dr. Tesla's 75th birthday. To Nikola Tesla, all the world's a power house. For 40 years he has been reasoning, calculating and arguing that the earth has a definite electrical resonance. All that men need do to have unlimited power at their command, and that power without the necessity of transmission wires, would be to generate electricity in tune with the earth's. Only possible drawbacks would be the vast expense of installation ... and anyone could tap the current. There could be no financial control of electricity. In Colorado in 1899, Tesla built a huge induction coil by which he generated and, he says, sent out wireless waves the same year Marconi established wireless communication. Tesla claims priority, because he conceived his system six years earlier, in 1893. The theoretical path of Tesla's waves were through the earth, not through the air as Hertzian waves go. [Tesla has commented] "I think that nothing can be more important than interplanetary communication. It will certainly come some day, and the certitude that there are other human beings in the universe, working, suffering, struggling, like ourselves, will produce a magic effect on mankind and will form the foundation of a universal brotherhood that will last as long as humanity itself." Dr. Tesla migrated to the U. S. in 1884 to work for Thomas Alva Edison, whom he soon quit. His naturalization papers he keeps in a safety box, his scientific medals and degrees in old trunks and cupboards.

Note: The above link requires a small payment. To view the full article free, click here. Though Marconi gets major mention in the history books while Tesla is given but a footnote, the U.S. Supreme Court in 1943 "ruled that that Tesla's radio patents had predated those of [Marconi]," as stated in this Chicago Tribune article. There are many intriguing secrets about this mysterious genius. To learn how the government seized his work immediately after his death and lots more, click here. For other verifiable information on incredible new energy inventions based on Tesla technology and more, click here.

Tesla's New Device Like Bolts of Thor
1915-12-08, New York Times

Nikola Tesla, the inventor, winner of the 1915 Nobel Physics Prize, has filed patent applications on the essential parts of a machine ... which he says will render fruitless any military expedition against a country which possesses it. The destructive invention will go through space with a speed of 300 miles a second, [a] manless airship without propelling engine or wings, sent by electricity to any desired point on the globe on its errand of destruction, if destruction its manipulator wishes to effect. Ten miles or a thousand miles, it will be all the same to the machine, the inventor says. Straight to the point, on land or on sea, it will be able to go with precision, delivering a blow that will paralyze or kill, as is desired. A man in a tower on Long Island could shield New York against ships or army by working a lever, if the inventor's anticipations become realizations. "It is perfectly practicable to transmit electrical energy without wires and produce destructive effects at a distance. I have already constructed a wireless transmitter which makes this possible, and have described it in my technical publications. With transmitters of this kind we are enabled to project electrical energy in any amount to any distance and apply it for innumerable purposes, both in peace and war. The art is already so far developed that great destructive effects can be produced at any point on the globe, determined beforehand and with great accuracy." Dr. Tesla then said that it would be possible with his wireless mechanism to direct an ordinary aeroplane, manless, to any point over a ship or an army, and to discharge explosives of great strength from the base of operations.

Note: If you are unable to access this article at the link above, you can also find it at this link or this one. Some believe that this amazing technology was developed and then kept secret for reasons of national security. The technology Tesla was exploring here could have played a part in the secretive HAARP facilities, which some researchers believe are being used to manipulate weather and more. For an abundance of reliable information on HAARP, click here. For an amazing 35-page autobiography by Tesla himself, click here.

The U.S. solar industry posted record growth in 2020 despite Covid
2021-03-16, CNBC News

U.S. solar installations reached a record high in 2020 as favorable economics, supportive policies and strong demand in the second half of the year offset the impact of the coronavirus pandemic. Installations grew 43% year over year, reaching a record 19.2 gigawatts of new capacity, according to a report released Tuesday from the Solar Energy Industries Association and Wood Mackenzie. In the fourth quarter alone, the U.S. added just over 8 GW of capacity — a quarterly record. That’s more than the capacity added in all of 2015, which was 7.5 GW. California, Texas and Florida were the top three states for annual solar additions for the second year running. Virginia and North Carolina rounded out the top five. In the U.S., solar represented 43% of all new electricity generating capacity added in 2020, its largest ever share of new generating capacity. Solar is also the cheapest form of new power in many places. “Residential solar sales continue to exceed expectations as loan providers roll out attractive products, interest in home improvement surges, and customers suffering through power outages from extreme weather events seek energy resilience,” the report said. The report also looked for the first time at growth forecasts through 2030, projecting that the U.S. solar market will quadruple from current levels by the end of the decade. The growth is expected to be spread across markets as customers, utilities, states and corporations push to decarbonize the grid.

Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.

Shell and Total, Oil Giants, Report Huge Profits on High Energy Prices
2022-10-27, New York Times

Gargantuan profits continue to roll in at Europe’s energy giants. London-based Shell reported adjusted earnings of $9.45 billion for the third quarter, its second-highest profit on record. On the same day, Paris-based TotalEnergies reported a profit of $9.9 billion. For both companies, the profits were more than double what they earned in the same period a year ago. Shell and Total, like other energy companies this year, are benefiting from high oil and natural gas prices partly stoked by the war in Ukraine, as Russia squeezes gas flows to Europe. For Shell, the profit was a step down from the record-breaking $11.5 billion it reported for the second quarter, when it received an average of just over $100 a barrel for oil, compared with $93 in the third quarter. Natural gas prices, however, increased in the third quarter. Shell is returning a large chunk of this bounty to shareholders. The company said that it planned to increase its dividend to shareholders for the fourth quarter by 15 percent, to about 29 cents a share. In what may provoke a political storm in Britain, Shell said it had not yet been obliged to pay the “windfall” tax on oil and gas profits enacted earlier this year by the British government. The tax allows companies to deduct capital expenditures.

Note: Once again mega-corporations rake in the cash and stick it to the consumers. For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption from reliable major media sources.

A Device That Literally Generates Electricity Out of Thin Air
2022-10-20, The Pulse

A study published in Nature in February 2020 entitled “Power generation from ambient humidity using protein nanowires” discovered an interesting way to harvest energy from the environment, creating the potential for another clean power generating system that is self-sustaining. According to the authors, “Thin-film devices made from nanometre-scale protein wires harvested from the microbe Geobacter sulfurreducens can generate continuous electric power in the ambient environment. The devices produce a sustained voltage of around 0.5 volts across a 7-micrometre-thick film, with a current density of around 17 microamperes per square centimetre. We find the driving force behind this energy generation to be a self-maintained moisture gradient that forms within the film when the film is exposed to the humidity that is naturally present in air.” The study also mentions that “connecting several devices linearly scales up the voltage and current to power electronics” and that their results “demonstrate the feasibility of a continuous energy-harvesting strategy that is less restricted by location or environmental conditions than other sustainable approaches.” One of the electrical engineers, Jun Yao, from the University of Massachusetts Amherst, stated that they are “literally making electricity out of thin air.” They are calling it the “Air-gen” and it generates clean energy 24/7, thanks to the electrically conductive protein nanowires produced by Geobacter.

Note: As the article states, why do none of the truly "free" energy sources we keep hearing about never come to market? Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.

Patents Secured for Revolutionary Nuclear Fusion Technology
2020-02-24, Popular Mechanics

Scientists in Australia are making some astonishing claims about a new nuclear reactor technology. Startup HB11, which spun out of the University of New South Wales, has applied for and received patents in the U.S., Japan, and China so far. The company's technology uses lasers to trigger a nuclear fusion reaction in hydrogen and boronpurportedly with no radioactive fuel required. The laser doesnt heat the materials. Instead, it speeds up the hydrogen to the point where it (hopefully) collides with the boron to begin a reaction. You could say we're using the hydrogen as a dart, and hoping to hit a boron, and if we hit one, we can start a fusion reaction, managing director Warren McKenzie [said]. He says HB11's approach is more precise than designs that use heat to approach fusion because in those reactors, everything is heated in the hope that something will collide. When the lucky hydrogen does fuse with a boron particle, the reaction throws off helium atoms whose lack of electrons means theyre positively charged. Its this charge that the device gathers as electricity. The overall idea was developed by UNSW emeritus professor Heinrich Hora. Horas design seeks to not just compete with, but replace entirely the extremely high-temperature current technologies to achieve fusion. These include fussy and volatile designs like the tokamak or stellarator, which can take months to get up to functionality and still spin out of working order in a matter of microseconds.

Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.

Oil companies’ profits soared to $174bn this year as US gas prices rose
2021-12-06, The Guardian (One of the UK's leading newspapers)

The largest oil and gas companies made a combined $174bn in profits in the first nine months of the year as gasoline prices climbed in the US, according to a new report. The bumper profit totals ... show that in the third quarter of 2021 alone, 24 top oil and gas companies made more than $74bn in net income. From January to September, the net income of the group, which includes Exxon, Chevron, Shell and BP, was $174bn. Gasoline prices have hit a seven-year high in the US due to the rising cost of oil, with Americans now paying about $3.40 for a gallon of fuel compared with around $2.10 a year ago. The Biden administration has warned the price hikes are hurting low-income people, even as it attempts to implement a climate agenda that would see America move away from fossil fuels, and has released 50m barrels of oil from the national strategic reserve to help dampen costs. But oil and gas companies have shown little willingness so far to ramp up production to help reduce costs and the new report, by the government watchdog group Accountable.US, accuses them of “taking advantage of bloated prices, fleecing American families along the way” amid ongoing fallout from the Covid-19 pandemic. The analysis of major oil companies’ financials shows that 11 of the group gave payouts to shareholders worth more than $36.5bn collectively this year, while a dozen bought back $8bn-worth of stock.

Note: For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption from reliable major media sources.

The world is ablaze and the oil industry just posted record profits. It’s us or them
2022-08-02, The Guardian (One of the UK's leading newspapers)

Global capitalism is an incredible machine for extracting fossil fuels from our planet, refining them, shipping them to every corner of the Earth and making staggering amounts of money doing so. Unfortunately the machine is also poisoning us all. But one of its exquisitely evolved functions is to make it almost impossible to turn it off. Oil and gas profits in the most recent quarter were astounding. Exxon Mobil made $18bn in profits in the past three months. Shell and Chevron each made nearly $12bn. Those are all record numbers. A recent study showed that for the past 50 years, the oil industry has made profits of more than $1tn a year, close to $3bn a day. These profits are driven [by] cartels, mega-corporations and the regulatory capture of governments, conspiring to create a market free of both competition and of a price that reflects the actual cost to the world of the product that is being sold. These profits are illusory. They are plagued by an externality large enough to outweigh a trillion dollars a year – the costs that the climate crisis will impose on billions of people who are alive now and many generations to come. The fossil fuel industry as a whole is not just another business, providing a service to meet a demand; it is a predatory drug dealer that works every day to keep the world addicted to its poisonous product, knowing full well that it will eventually prove fatal. It fights to keep the population fooled. It is a problem to be solved.

Note: For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption and climate change from reliable major media sources.

Oil company profits boom as Americans reel from high fuel prices
2022-07-29, The Guardian (One of the UK's leading newspapers)

The US’s biggest oil companies pumped out record profits over the last few months as Americans struggled to pay for gasoline, food and other basic necessities. On Friday, ExxonMobil reported an unprecedented $17.85bn (£14.77bn) profit for the second quarter, nearly four times as much as the same period a year ago, and Chevron made a record $11.62bn (£9.61bn). The sky-high profits were announced one day after the UK’s Shell shattered its own profit record. The record profits came after similarly outsized gains in the first quarter when the largest oil companies made close to $100bn in profits. High energy prices are one of the leading factors driving inflation to a four-decade high in the US. Gas prices have fallen slightly in recent weeks but are now averaging $4.25 a gallon across the US, more than $1 a gallon higher than a year ago. Soaring energy prices are being baked into delivery costs, which is driving up the cost of everything from apples to toilet paper. In addition to oil company executives, shareholders also reaped the benefits of high energy prices during the quarter. Since the start of 2022, Exxon and Chevron shares have risen close to 46% and 26%, respectively.

Note: A telling analysis shows a 235% profit jump for big oil funded by us at the gas pumps. For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption and the energy industry from reliable major media sources.

Scientists figure out how to store solar energy for 18 years
2022-04-13, The Independent (One of the UK's leading newspapers)

Scientists have discovered a way to capture solar energy and store it for nearly two decades, before releasing it when it is needed. Using a system called molecular solar thermal energy storage (MOST), researchers at Chalmers University of Technology in Sweden and Shanghai Jiao Tong University in China developed an ultra-thin chip to act as a thermoelectric generator. “This is a radically new way of generating electricity from solar energy,” said Kasper Moth-Poulsen, a professor at the Department of Chemistry and Chemical Engineering at Chalmers who led the research. “It means that we can use solar energy to produce electricity regardless of weather, time of day, season, or geographical location.” The MOST system uses a specially designed molecule that reacts to sunlight in order to capture the Sun’s energy. After loading it with solar energy in Sweden, Chalmers University sent it to their colleagues in Shanghai where they were able to convert it into electricity. “Essentially, Swedish sunshine was sent to the other side of the world and converted into electricity in China,” said a statement released by Chalmers University. The researchers hope the technology can lead to self-charging electronics that use stored solar energy on demand, as well as holding the potential to transform renewable and emissions-free energy production. More research and development is required before the system can be implemented at scale, thought Chalmers University said it has already attracted “great interest worldwide.”

Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.

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