The expanding use of ethanol in U.S. oil production, prompted by government mandates that require the use of biofuel in gasoline, is escalating the price of corn while plaguing poor countries with rising food prices. Critics worldwide are now questioning the federal government’s ethanol mandates, as the use of American-produced corn for biofuel has added more than $6.5 billion to the food import bills of developing countries, particularly in North Africa and Central America.
Despite playing a key role in advancing climate change hysteria, the United Kingdom’s National Weather Service, known as the Met Office, quietly released a report last week conceding that so-called “global warming” actually stopped more than 15 years ago. The startling admission shows once again that United Nations theories and climate models are wildly inaccurate at best, experts say, meaning multi-trillion dollar schemes to deal with alleged human-caused “climate change” are at the very least severely misguided.
A financially strapped Massachusetts-based firm that manufactures batteries for electric cars, which reaped some $240 million in federal stimulus money, is being rescued by a Chinese manufacturing behemoth, owned by renowned Chinese billionaire Lu Guanqiu. A123 Systems, which was awarded a $241.1-million grant from the Obama administration and more than $125 million in state of Michigan tax credits, was once touted for its purported commitment to create thousands of jobs, while helping curb the use of conventional gas-powered vehicles and transitioning to a more “green” energy environment.
But according to a company press release, the lithium battery maker is handing its operational reins over to Wanxiang Group Corporation, China’s largest automotive components manufacturer and one of the country’s largest non-government-owned firms.
Defense contractor Northrop Grumman, the Defense Advanced Research Projects Agency (DARPA), and NASA Dryden Flight Research Center reported on October 8 that they are moving closer to the day when drones can stay airborne indefinitely, refueled by other unmanned aerial vehicles without human assistance.
Climate change is destroying traditional cultures and economies in Greenland, according to a recently published article in the New York Times. Correspondent Elizabeth Rosenthal highlights Narsaq, a town on the southern coast where the mainstay fishing industry is dwindling due to stock depletion in ever-warming waters. Yet melting ice is uncovering "vast new deposits of minerals and gems ... forming the basis of a potentially lucrative mining industry" that could one day mean independence for Greenland from its parent state of Denmark.