Lithium Drives Revolution in Electric Cars and Mobile Electronics

Demand for lithium is forecasted to double in this decade thanks to a wide range of applications for this metal that is half the weight of water: materials, glass, pharmaceuticals, mobile electronics, power tools, hybrid cars, and electric cars. Lithium ETF is dominated with large mining firms such as Sociedad Quimica y Minera de Chile, FMC Corporation, and Rockwood Holdings. The fund’s largest lithium battery company holdings include Saft, Ener1, ABT, GS Yuasa, and A123.

Texas Oil Attacks California Cleantech with Prop 23

Over 95 percent of California transportation is fueled by petroleum. By comparison, only two nations use more oil – China and the United States. California uses more oil than India, Japan, or Germany. Reducing the use of petroleum would cost oil companies billions. Texas oil companies are spending million to encourage Californians to vote “yes” for Proposition 23 this November. Proposition 23’s opponents include 66 asset managers, venture capitalists and other investors collectively managing over $410 billion who issued a joint statement today opposing Proposition 23, the statewide ballot initiative to stop implementation of the state’s landmark clean energy law, AB 32.

Johnson Controls Plans Expansion for Lithium Car Batteries

AT&T, Xcel Energy, Johnson Controls, So Cal Edison, and New York Power Authority have ordered Ford Transit Connect Electric. These pure battery-electric vans have an electric charge range of 80 miles and are a great fit for many fleet, small business, and delivery applications. In the United States, fleets control some 14 million vehicles. Some fleets placed initial orders for 10 or 20 Transit Connect Electrics; bigger orders could follow in 2011. JCI has ordered 20 Transit Connect Electrics to be part of its global fleet of 19,000 vehicles.

Cleantech Innovation Boosts Jobs – California Industries in New Report

Energy efficiency, renewable energy, and information technology are all helping the U.S. overcome a severe recession and keep more people from losing their jobs. From our San Francisco roof deck, I am encouraged to see energy efficient homes, solar roofs, and electric buses gliding by. I am also discouraged to see massive ships from Asia sail into the harbor ladened with hundreds of rail cars full of Asian goods, then leave for distant customers with much lighter loads. But the trend may be reversed by innovation discussed in the new Clean Tech Job Trends 2010.

CODA – Pricey Electric Car without Premium Features

CODA was taking people for rides at the Santa Monica Alt-Car Expo, but not letting them drive, in contrast to hundreds of potential buyers test-driving the Nissan LEAF. Sorry, but CODA did not appear to be worth $44,900 in contrast with the more sexy, more fully appointed Nissan LEAF priced at only $32,780. Both pure battery-electric cars are targeting 100-mile ranges. CODA with 33.8 kWh lithium battery pack is likely to have a better real world range than Nissan with 24 kWh battery pack.

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