role in the nanoballs, page-3

Sorry guys..
Part Two :)

In addition to providing a partial solution to climate
change,this new tech is going to make someone a tidy profit
even if only a fraction of the worlds 806 million cars and
light trucks switch to batteries instead of burning 260
billion gallons of fuel.Take the new Chevy Volt-the car that
administrators of American giant GM hope can catapult it
from economic misery into the hearts of green-minded and
cash conscious drivers.Other entrepreneurs are getting in
on the act.A company called A123 systems has recently
created a lithium-iron battery that is only slightly larger
than an AA battery but 800 times more powerful.In April it
announced a link-up with Chrysler for its battery-powered
cars due to launch in 2010,and is also producing batteries
for Shanghai Automotive Industry Corp.Lithium-irons are
just the beginning.EEStor,a secretive Texas company,builds
ultra-capacitors:larger devices capable of storing
electricity by separating the chemical charges in a normal
battery.They use aluminium-coated barium titanate powder,
and EEStor claims that they supply around 10 times the
energy density of a normal car lead battery at a fraction
of the weight and size.Until recently these claims had
been dismissed as a weird green scam,but news of a tie-up
with a Canadian-based company,Zen Motor Company systems,
has convinced some doubters.The most interesting battery,
however,is being developed at MIT,down the corridor from
Gerbrand Ceder's nanoballs,in the office of Angela Belcher.
Belcher is a materials chemist and has just revealed a
potentially even more radical invention:a viral battery.
Her MIT team has made a lithium-ion battery with
genetically-engineered viruses playing the role of anode
and cathode.The virus coats itself with cobalt oxide and
gold to provide the charge.The viral battery has the same
capacity and performance as the rechargeable one that runs
the Chevy Volt,but is much smaller.Belcher believes that
it can be scaled to almost any size and even moulded to
the shape of its container,be it a car or mobile phone.
And no need to worry about infection either; the virus
is a common bacteriophage:infectious for bacteria but
harmless to humans.

In March Obama toured a factory making electric cars
and pledged $US2.4 billion toward their development.
He has also mooted a $US7000 tax credit for the purchase
of alternative vehicles,and in May he announced tough
rules for Auto emissions,imposing the first US limits
on climate-altering gases from cars and trucks.The rules
come into effect in 2012,with the goal of making the U.S
40% cleaner and more fuel-efficient by 2016 and ultimately
cutting greenhouse gas emissions by 80% by 2050.If the
Obama administration continues to pressure GM on
electric cars,consumers might see the tiger in the
tank replaced by a virus sooner than they think.[end]

What a turnaround from the Californian saga of 1996/2002.
However what is interesting is an article by Reuters....
Aabar,an investment company which is owned by the ABU-
DHABI Government has taken a 4% stake in the U.S.
based electric vehicle manufacturer.A news letter picked
up on the article and asked the obvious question..why
would this oil rich Nation go after alternative transport
before....ALTERNATIVE ELECTRICITY.[FINALLY]
Reuters called it "no small paradox"..others call it..
"the new reality".

UCG is now on the world stage and ready to snowball,I
cannot see how financing for Cougar would be a problem
given the enormous potential demand, just from the above
scenario alone.

HM.