According to recent statistics, U.S. motorists have responded to record-high prices at the pump by driving less. Any hope that this cutback will significantly restrain global oil prices is misplaced, however: fundamental factors of supply and demand in the world economy will keep oil costly for years to come. The hope that a cutback in driving by U.S.

Climate change represents one of the humanity

This paper examines the financial and economic feasibility of adoption of an energy-conserving technology in the household sector in Sri Lanka. Results shows that the adoption of this energy-conserving technology is financially profitable and economically viable. Systematic incorporation of environmental benefits further strengthens the case for energy conservation.

Energy efficiency (EE) is a proven and cost-effective measure to address rapidly increasing global greenhouse gas (GHG) emissions. This report identifies, analyzes, categorizes, and describes the main elements of institutional models and practices that have proved effective in promoting EE investments, particularly in the end-use (industry, buildings, residential) consuming sectors.

In an attempt to make the IIT Bombay campus energy efficient, an energy audit of the institute was recently conducted to identify and suggest measures for conservation. The recommendations, if implemented, can bring about a total saving of around Rs1.75 crore per year, the report said.

Despite the state administration

Proposed fiscal reforms for automotive fuels Petrol Increase selling price before state taxes and duties by Rs 2.50 per litre each month to align with full cost price Total increase of Rs 10.90 per litre in selling prices before taxes Temporary reduction in excise duty to Rs 10 per litre to be restored by March 2009 Total increase of Rs 11.28 per litre before

A committee recommends rationalization of diesel and petrol prices The long awaited pricing formula for petroleum products to bail out the oil industry from impending bankruptcy has been tabled. If put into effect this prescription can correct distorted prices of automotive fuels of petrol and diesel and halt misuse of under-taxed and under-priced diesel by the car sector. This is

Thermoelectric materials are solid-state energy converters whose combination of thermal, electrical, and semiconducting properties allows them to be used to convert waste heat into electricity or electrical power directly into cooling and heating.