oil

Scientists at the University of Wisconsin-Madison may have discovered a new, somewhat strange way to efficiently produce hydrogen fuel without the need for "dirty" catalysts like oil.

The new ingredients: water submersion and noise pollution.

ViaLogy Plc (LSE: VIY), the Pasadena, California small-cap spin-off from the NASA Jet Propulsion Laboratories that provides proprietary QuantumRD seismic interpretation sensor technology to help oil explorers avoid drilling dry holes, has entered the green energy realm.

Touted as the world’s largest home improvement center, Home Depot (NYSE: HD) recently announced it has dramtically reduced its energy use in stores across the United States and Canada.

Last week, the US Senate passed a new jobs bill, the American Workers, State and Business Relief Act, that includes the reinstatement of the biodiesel blenders’ tax credit which had expired at the end of 2009.

The National Renewable Energy Laboratory (NREL), in partnership with Xcel Energy, has launched a wind-to-hydrogen (Wind2H2) demonstration project at the National Wind Technology Center in Boulder, Colorado.

The Department of Energy (DOE) is guaranteeing a $117 million loan to finance the construction of a wind energy project in Hawaii.

Optimism of an economic rebound, Chinese lawmaker's recent call for the nation to build up its emergency strategic reserves, and continuing extremist attacks in oil-rich Nigeria all contributed to crude prices increasing about $10 over the last month.

Proposed legislation in the U.S. Senate may help the renewables sector.  

U.S. Senators Russ Feingold (D-WI) and John Ensign (R-NV) have introduced renewable energy legislation that could be a boon for businesses that produce renewable energy technologies, lead to green job creation, and help reduce our dependence on fossil fuels.

Smiling from his recent success with the movie “Shutter Island”, Leonardo DiCaprio continues to use his celebrity status to help the environment.