From Sails to Solar

As the price of oil increases (because we are running out of the stuff) some smart people are realising that we need to look elsewhere for energy. It is only suiting that the shipping industry does this since renewable resources for energy (wind) have been used longer than human-made forms of energy. One company, Wallenius Wilhelmsen, has designed a ship that uses three forms of energy: wind, solar, and water.

The linked article also has a list of other innovate approaches that have been spawned by this boating project.

Thanks, Emily!

Oiling the Squeaky Wheel

Venezuela has ordered Royal Dutch/Shell to pay almost $131 million in back taxes. The government is cracking down on tax evasions by oil companies and so they also confiscated financial data form Chevron. Hugo Chavez, the current president of Venezuela, is trying to tighten the government’s control over the lucrative and strategic oil industry. The government has said that they are going to alert two more oil companies in the coming weeks if they owe back taxes or not.