Green Options

In 2002 the Coca-Cola Company used 3.12 liters of water to produce every liter of poduct. The company, which has captured the taste buds of drinkers worldwide used .57 megajoules of energy and averaged 12.54 grams of waste per liter of product. It’s no wonder that the Coke Kingdom has been less than popular among environmental groups.

Revetec, a little known company from the Gold Coast region of Australia, may be on to something huge: they’ve created an engine that is 50% smaller, 50% lighter, has 50% lower emissions and is cheaper to manufacture than a conventional internal combustion engine of the same horsepower. Oh yeah, did I mention that it doubles the fuel economy too.

What that means is a car like the 2007 Toyota Yaris, which is rated at 40 mpg on the highway, would get 80 mpg with a Revetec engine.

This isn’t some hoax… They have a prototype which has been attached to an actual vehicle and independently tested to substantiate their claims.

The Green Exchange was launched with bells and whistles a few months back. Last week the exchange traded for the first time and activity and volume it surpassed all expectations.

The Green Exchange is part of the New York Mercantile Exchange (NYMEX). During its first week, the equivalent of 1.59 million tons of carbon was traded. That volume makes the Green Exchange “the most successful launch of exchange-traded carbon contracts,” according to a report in the SunHerald.