The Daily Sprout
House Passes Bill to Tax Oil and Fund Renewables: The House of Representatives has passed HR 5351, “The Renewable Energy and Energy Conservation Tax Act of 2008,” which repeals subsidies from the oil and gas industry and subsidizes renewable energy. Now it will head to the Senate where similar legislation has been voted down twice in the last year - PennEnergy.
Purfresh Adds $5M to Close $25M Round: The marker of ozone equipment has named Perella Weinberg Partners as the last investor who has put up the final $5 million to close this third round of financing - VentureBeat.
Radiocarbon Testing of Biodiesel Blends: Researchers testing biodiesel blends across the country have found that only 10 percent met federal standards. Now they’re developing a way to measure the radiocarbon in biofuels to check the biofuel-petrol mix - Green Car Congress.
EV Think “Hits the Accelerator”: Todd Woody got to sit down with Think Global’s Jan-Olaf Willums sans PR and talk about the small car company’s big plans - The Green Wombat.
Europe Tackles Climate Crackdown: The EU started what will surely be an arduous process of agreeing upon emissions and renewable energies levels. The folks at Environmental Capital compare the process the horse trading going on on Capitol Hill - WSJ.
Green energy is definitely the best solution in most cases. Technology like solar energy, wind power, fuel cells, zaps electric vehicles, EV hybrids, etc have come so far recently. Green energy even costs way less than oil and gas in many cases.