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In less than 7 years, Mercedes-Benz plans to ditch petroleum-powered vehicles from its lineup. Focusing on electric, fuel cell, and biofuels, the company is revving up research in alternative fuel sources and efficiency.

BHP Billiton is on course to report its sixth consecutive year of profits growth after the Anglo-Australian mining group on Wednesday published annual production figures that showed bumper results from its petroleum, iron ore, manganese and copper operations.

Hydrogen fuel-cell cars have received a great deal of attention over the years as a clean alternative to petroleum-based transportation, producing only water for exhaust. Certainly the technology is known. Demonstration vehicles have been produced by several manufacturers and Honda is starting to roll out a fleet of 200 FCX Clarity fuel-cell cars, available for lease to select customers for US $600 per month. These autos are costing Honda hundreds of thousands of dollars each though, according to Honda's president Takeo Fukui (Wall Street Journal, June 16 2008), and it will take another decade before their cost falls below US $100,000. Although fuel-cell cars remain a long way from providing commercially viable transportation for the vast majority of people, cars are not the only application for fuel cells. Fuel cells are reaching commercial viability sooner in other applications such as portable electronics, including laptops, cell phones, MP3 players and games, aiming to supplement the ability of batteries to power these mobile devices for extended periods of time. There are a number of reasons why fuel cells may prove more competitive in portable electronics than in cars, including the favorable cost, lifetime requirement and easier distribution in this market. One of the companies developing fuel-cell technology for portable electronics is Polyfuel, using its proprietary hydrocarbon membrane technology for direct methanol fuel cells. The cost of power for portable electronics, according to Polyfuel president and CEO Jim Balcom, is up to US $10,000 per watt, compared with US $20-50 for autos, making portable electronics a much more attractive market than cars initially.

Today, the National Hydrogen Association released a new report called the "Energy Evolution: An Analysis of Alternative Vehicles and Fuels to 2100." The Energy Evolution shows that a scenario which initially includes a mix of alternative vehicles, and is later dominated by hydrogen fuel cell electric vehicles sales is the only way to simultaneously cut U.S. greenhouse gas pollution by 80% below 1990 levels; reach petroleum quasi-independence by mid-century; and eliminate nearly all controllable air pollution by the end of the century. The report also shows that an expansion of hydrogen stations is more affordable than most people think.

The electricity sector accounts for almost 35 percent of greenhouse gas (GHG) emissions in the United States, and 40 percent of the carbon dioxide (CO2) emissions. Over 80 percent of GHG emissions associated with electricity generation are from the combustion of coal, with nearly all the rest due to natural gas and petroleum combustion. U.S. electricity sales are split among the residential (37 percent), commercial (36 percent), and industrial (27 percent) sectors, where primary uses vary by sector. Over the past 30 years the U.S. electricity sector has become less carbon intensive, and the U.S. economy has grown less electricity-intensive.

Wanma Cable recently announced that for the last year its operating income was RMB2.6 billion ($0.4 billion) increasing by 21.32% year-on-year, and net profit attributable to shareholders of listed companies was RMB103.6 million ($16.4 million) increasing 6.39% year-on-year. In product layout, the company consolidated its MV/LV and EHV market positions while establishing a special cable business division to intensify efforts to develop a special cable business. The company has secured a good start in new fields, such as rail transit, power generation, petroleum and petrochemical, wind power and coal mining. Wanma Cable's CEO recently said that the income target of company in this year was RMB3.1 billion ($0.5 billion) increasing by 20% year-on-year, based on the copper price keeping last year's price level. The company completed an investment plan in EHV and MV/LV cable through an IPO raising funds."