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Daily Archives: May 17, 2010

MIT Team Unveils Airplane that Uses 70 Percent Less Fuel

News release: “In what could set the stage for a fundamental shift in commercial aviation, an MIT-led team has designed a green airplane that is estimated to use 70 percent less fuel than current planes while also reducing noise and emission of nitrogen oxides (NOx). The design was one of two that the team, led by faculty from the Department of Aeronautics and Astronautics, presented to NASA last month as part of a $2.1 million research contract to develop environmental and performance concepts that will help guide the agency’s aeronautics research over the next 25 years. Known as “N+3” to denote three generations beyond today’s commercial transport fleet, the research program is aimed at identifying key technologies, such as advanced airframe configurations and propulsion systems, that will enable greener airplanes to take flight around 2035…The MIT team also presented NASA with its design for the H “hybrid wing body” series to replace the 777 class aircraft now used for international flights. The design features a triangular-shaped hybrid wing body aircraft that blends a wider fuselage with the wings for improved aerodyamics. The large center body creates a forward lift that eliminates the need for a tail to balance the aircraft. The plane is designed to carry 350 passengers.”

New GAO Reports: Depot Maintenance, Foreign Assistance, Defense Management, Tax Compliance

Financial Audit: Congressional Award Foundation’s Fiscal Years 2009 and 2008 Financial Statements, GAO-10-646, May 14, 2010 Depot Maintenance: Improved Strategic Planning Needed to Ensure That Air Force Depots Can Meet Future Maintenance Requirements, GAO-10-526, May 14, 2010 Foreign Assistance: U.S. Assistance to the West Bank and Gaza for Fiscal Years 2008 and 2009, GAO-10-623R, May… Continue Reading

Natural Gas Residential Choice Programs — May 17, 2010

Natural Gas Residential Choice Programs — May 17, 2010 – “EIA Updates Web Site on Residential Natural Gas Competition: The Energy Information Administration (EIA) has updated its web site on the status of natural gas residential choice programs in each State as of December 2009. Enrollment in “customer choice” programs increased in 2009 for the… Continue Reading

CBO: The Economic and Budget Outlook

The Economic and Budget Outlook, May 2010. Presentation by CBO Director Doug Elmendorf to the 35th Annual AAAS Forum on Science and Technology Policy Economic Recovery Will Be Slow Severe economic downturns often sow the seeds of robust recoveries, with output and employment rebounding quickly. However, thecurrent recovery will be dampened by: –Continuing fragility of… Continue Reading

Pew: The Cost of the Financial Crisis: The Impact of the September 2008 Economic Collapse

The Cost of the Financial Crisis: The Impact of the September 2008 Economic Collapse – Phillip Swagel, Pew Economic Policy Group “U.S. households lost on average nearly $5,800 in income due to reduced economic growth during the acute stage of the financial crisis from September 2008 through the end of 2009. Costs to the federal… Continue Reading

Turning the Tide on Falling Fish Stocks – UNEP-Led Green Economy Charts Sustainable Investment Path

News release: “Investing around US$8 billion a year in rebuilding and greening the world’s fisheries could raise catches to 112 million tonnes annually while triggering benefits to industry, consumers and the global economy totalling US$1.7 trillion over the next 40 years. These are among the findings of a new, landmark report being compiled by the… Continue Reading

Old Ships and Obsolete Computers Part of Major Transition for Global Waste Management

News release: “Greater emphasis on highlighting the links between waste management, the achievement of the Millennium Development Goals and human health and livelihoods underpins a new 10-year vision for the Basel Convention recommended by governments today. Three hundred delegates from 106 countries welcomed the Convention’s Strategic Framework 2012-2021 on the final day of a meeting… Continue Reading