Innovation Wanted!
For the third consecutive year, Apple tops the list of most innovative companies.
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Looking toward the future of alternative energy, the U.S. Energy Department earlier this month announced plans to invest nearly $11 million to fund 20 new projects nationwide focusing on new fuels and energy efficiency.
The projects are designed to address a wide range of new energy issues -- ranging from helping public and private vehicle fleets reduce petroleum use, to providing training and education to groups wanting to change to alternative fuel vehicles. The programs are part of the department's Clean Cities initiative seeking to reduce petroleum dependency and find alternative, clean-burning fuels.
"Building a clean and secure U.S. transportation system that leverages our domestic energy sources will give American families, businesses and communities more options and reduce fueling costs," said Steven Chu, U.S. Energy Secretary. "At the same time, these projects will help lead the way to further reducing America's dependence on foreign oil and protecting our nation's air and water."
The projects' grants range between $248,788 to the $1 million the Bay Area Air Quality Management District in San Francisco will receive to study ways to improve both electric vehicle and alternative fuel vehicle refueling in the state and implement petroleum reduction strategies. Another recipient -- Austin, Texas -- was awarded $500,000 to conduct electric and natural gas vehicle safety training and workshops and organize seminars on multi-family housing and workplace electric vehicle charging.
In August, the White House announced new national fuel efficiency standards. The plan seeks to increase fuel efficiency performance to 54.5 miles per gallon by 2025 -- double the current rate.
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For the third consecutive year, Apple tops the list of most innovative companies.
Carmakers still pushing alternative fuel vehicles in light of state's earlier gas problems.
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