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Jetpacks for Sale!

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Posted by geri   
Friday, 26 February 2010
jet-pack-martin-aircraft.jpgMartin Aircraft of New Zealand is going to start selling commercial jetpacks for about $75,000.

The brainchild of inventor Glenn Martin who unveiled his machine last July, the jetpack is capable of travelling 30 miles in 30 minutes on a full tank of fuel.

Because it weighs less than 254 pounds (115kg) the jet pack does not require a pilot's licence.


READ More in the UK Telegraph)

 

Indiana Ranks No. 2 in Wind Energy Development

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Posted by geri   
Wednesday, 24 February 2010

indiana-windturb-clouds.jpgThe growth of large-scale wind developments in Indiana was second highest among states last year, according to the American Wind Energy Association, second only to Texas.

The Hoosier state ranked at the top in 2008 and its leadership continues thanks to the state's low cost, ease of regulation- and business-friendly environment, say  Indiana officials.

Indiana's 2009 installation of wind capacity, almost ten percent of the total national output, could generate electricity for at least 271,500 homes.

(READ More in the North-West Indiana Times)

 

New SunChips Bag is 100% Compostable

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Posted by geri   
Tuesday, 23 February 2010
sunchips-plant-based-compostable-bag.jpgFrito Lay will roll out the world’s first 100% compostable chip bag in Canadian retail outlets beginning in March.

The new SunChips packaging will be made from more than 90% renewable, plant-based materials, and as a result, the bag will completely break down into compost in a hot, active compost pile in approximately 14 weeks.

Frito Lay is planning to launch its new 90% plant-based, 100% compostable bag in the U.S. to coincide with Earth Day 2010.
Read more... [New SunChips Bag is 100% Compostable]
 

A Power Plant in Every Backyard? The Bloom Box

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Posted by geri   
Monday, 22 February 2010
bloom-box-on-60-mins.jpgA rocket scientist has toiled in secret for over 10 years perfecting his power-plant-in-a-box, a clean power source for your backyard that can generate electricity without any wires.

Fuel cells have long been the holy grail of green energy and last night on 60 Minutes, K.R. Sridhar unveiled his version: the Bloom Box.

"It's a new kind of fuel cell, which is like a very skinny battery that always runs."

Sridhar feeds oxygen to it on one side, and any kind of fuel on the other. The two combine within the cell to create a chemical reaction that produces electricity. There's no need for burning or combustion, and no need for power lines from an outside source.

Two of the first companies to buy the Bloom Box are Google and eBay. The company's official launch is this Wednesday, with high profile endorsements, like Colin Powell who serves on the company's board.

Read more at CBS News, or watch the video below...
Read more... [A Power Plant in Every Backyard? The Bloom Box]
 

Mortgage Delinquencies Fall, Trade Group Says

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Posted by geri   
Saturday, 20 February 2010

foreclosure-home-boarded-up.jpgFewer home loans are going bad these days, the Mortgage Bankers Assn. said Friday in its quarterly delinquency report.

Calling the finding surprising, the trade group interpreted it as a signal that the housing markets are healing.

“We are likely seeing the beginning of the end of the unprecedented wave of mortgage delinquencies and foreclosures that started with the subprime defaults in early 2007."

(Continue reading at the LA Times)

 
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