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Algae-powered street lights eat CO2

Algae powered street lighting (great Photoshop) A French biochemist – Pierre Calleja – has developed a street lighting system using micro algae that absorbs CO2. The need to reduce CO2 in the atmosphere is contentious - to say the least – but as long as governments use CO2 as a stick to beat motorists and empty their bank accounts it’s sensible to look at ways of ‘balancing’ the CO2 emissions of cars. French biochemist Pierre Calleja thinks he’s come up with a solution that would neutralise CO2 emissions from cars by cancelling it out with his micro-algae lighting.

Saab China – Deal Dead

Saab has terminated the deal with Youngman and Pang Da Did we expect anything different? Saab has announced that the deal for Chinese companies Youngman and Pang Da to take a €245 million stake in Saab has been terminated. Saab say that they have terminated the agreement because Pang Da and Youngman have failed to confirm their commitment to the Subscription Agreement on the agreed terms, and the money the Chinese (according to Saab) were to pay by this weekend has not been received.

Jaguar to build C-X75

Jaguar has announced that the C-X75 concept car from the 2010 Paris Motor show will enter limited production. Strictly limited to just 250 units, the hybrid super car is tipped to cost from £700,000 (depending on local taxes). The C-X75 will utilize a turbocharged 1.6-liter four cylinder engine mated to axle-based electric motors.