The Oil Drum: Local

Project Better Place founder Shai Agassi was in town last week announcing that Australia will become the third country, following Denmark and Israel, to implement the group's vision of electric vehicles powered by renewable energy.

Better Place and Macquarie Capital Group will raise $1 billion to build a network of 250,000 charging stations and battery exchange stations in key locations along the east coast by 2012. The network will be powered by wind turbines owned by AGL Energy.

Agassi has been promoting the plan as a way to reduce our dependence on oil (the starting premise for the project was "how do you run an entire country without oil") while creating jobs and boosting the local economy (see this interview on the Today Show for his explanation). Operating in Australia will also help the group prove it can work in large countries as well as the much smaller geographical areas covered in the first 2 rollouts. Agassi also noted that the Federal Government's $500 million Green Car Innovation Fund played a part in encouraging them to set up in Australia.

Ugo Bardi's electric scooter, here driven by Ms. Donata Bardi, aka "the mad scientist's daughter"

British Prime Minister Gordon Brown - from zero to hero?

.... to set ourselves on a new energy path - a path from our economies that are today over-dependent on oil towards the post-oil energy economies of the future. And moving towards this sustainable energy economy helps us meet our economic, political and environmental goals.

The stuff of Statesmanship? From a speech made by Gordon Brown on 13th July at The Union for the Mediterranean Summit. The whole speech is below the fold. My emphasis added.