** New National Greenhouse Gas Auto Emission and Efficiency Standards for the United States & Canada **
The new regulations which were recently announced by both governments aim to cut carbon dioxide emissions from vehicles by 30 percent and increase fuel efficiency by 40 percent over the coming years.
These New National Greenhouse Gas Auto Emission and Efficiency Standards for the United States & Canada are opening the door for SSHOs HyProStar to enter a Multi-billion dollar industry!
SSHO is engaged in the manufacturing, marketing, sales and distribution of products which are committed to fuel savings with the use of Hydrogen Generating Modules and related accessories to the transportation and automotive manufacturing industries which are either in development and/or commercialization stages.
SSHO is now poised to commercialize its HyProStar Hydrogen Generator Hybrid Conversion Kit and bring it to the global market. With over 750 million automobiles currently using combustible engines world wide and the increased pressure to reduce greenhouse gases. SSHO is confident that now is the time to aggressively enter this market.
Peabody Energy announced that it has completed a new five-year senior unsecured credit facility to replace its existing facility that was scheduled to mature in September 2011. The new facility includes a $1.5 billion revolver and $500 million term loan.
Peabody Energy (NYSE:BTU) is the worlds largest private-sector coal company and a global leader in clean coal solutions. With 2009 sales of 244 million tons and $6 billion in revenues, Peabody fuels 10 percent of U.S. power and 2 percent of worldwide electricity, lighting cities on six continents.
CONSOL Energy Inc. (NYSE:CNX) has joined with Verdeo Group, Inc., to develop the first project to destroy ventilation air methane (VAM) emissions at an active West Virginia coal mine.
The project, which will be located at CONSOLs McElroy Mine near Glen Easton in Marshall County, will demonstrate significant reductions of emissions of methane a potent greenhouse gas (GHG) in a safe and proven manner, and without any impact on mine operations or production. It will be the first time the technology will be deployed at an active coal mine in West Virginia, and among the largest such projects of its kind in the U.S. to date.
CONSOL Energy Inc. (NYSE: CNX) is the largest producer of high-Btu bituminous coal in the United States and a leader in the production of coalbed methane gas. Coal and gas collectively fuel two-thirds of all of the nations power generation.
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