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News you might have missed: 19 March 2009

newspapersSo what else is happening in the cleantech sector lately? Here are a few news stories you might have missed:

  • Mike O’Brien, the UK’s Energy and Climate Change Minister, said this week that continued investment in oil and gas are critical to “guarantee security of supplies at affordable prices in the future”;
  • The Saudi oil minister this week warned that declining investment in traditional, fossil-fuel-based energy sources could result in a “catastrophic” supply crunch in future;
  • The International Herald Tribune this week featured a report on how the financial crisis has led to an aborted wave-energy project in Portugal;
  • The world can cut carbon dioxide emissions by 80 percent without coal, nuclear power or yet-to-be-developed technologies, according to a report commissioned by the German Aerospace Centre;
  • Terrafugia this week announced the first successful flight of its Transition® Roadable Aircraft — a flying car, really;
  • The Golisano Institute for Sustainability at the Rochester Institute of Technology has received a $2.75 million US government grant for a fuel cell research project in cooperation with Delphi Automotive.

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