A UK-based inventor claims to have
developed the ultimate green vehicle - a car that runs only on cold air -
and it can reach speeds of up to 48 km per hour. Peter Dearman has
modified his run-down jalopy - a 25-year-old Vauxhall Nova - to run on
nothing but air. The vehicle by 61-year-old from Bishop's Stortford,
Hertfordshire can drive for about five km and reach speeds of up to 48
km per hour, New York Daily News reported. "It won't produce any
emissions because it's only air we're using. We're not burning anything.
We're just using heat from the atmosphere and liquid air," the man told
ABC News. Dearman's propulsion system is inspired by a steam engine,
except he uses very cold liquid air. He said he chose liquid air as a
fuel source because it's light and cheap. At around -190 degree
Celsius, air turns into a liquid that can be stored in insulated,
vacuum-sealed containers. Dearman uses a beer keg as a makeshift
container for the liquid air. When the liquid air courses through the
engine, it heats up from its cryogenic temperature and boils via a heat
exchange fluid (in this case, anti-freeze). The liquid air expands as
it changes back to gas form. In a confined space, this phase change
creates enough air pressure to power a piston. "The secret to [my
engine] is that once you warm the liquid air, you have to be able to
keep it warm as it expands. If you let it cool, it shrinks and you lose
all the efficiency," said Dearman. Dearman's invention has already
caught the eye of engineering company Ricardo, who help design
state-of-the-art engines for professional race cars. "I've done sort of
the basic work, and they're going to refine it and bring it onto the
next stage for us," he said.
Correlating the ups and down in the Indian rupee with the stock market, Vijay Bhambwani, CEO, bsplindia.com, suggests that if the rupee continues with its downward fall, the Indian stock market may fall breach October lows and fall further. “If the rupee falls below the 53.0-53.50 mark vis-a-vis the USD, expect a mini meltdown atleast in the equity markets. In that case, the 2250 level (on Nifty) will be breached easily to form a new low. The possibility of that low being below the 2000 levels on the Nifty spot is fairly high,” he says. Bhambwani supports his outlook by comparing the value of rupee at the time of October lows. “The October 2008 lows were made with the INR at 51.20 - 51.40 band. The rupee has breached the 52 level since then. Clearly the nation’s ‘share price’ (currency) indicates weakness. The curency market is a far more accurate barometer of the nation’s health compared to the equity indices. Whether you like it or not, we are under siege. Had it not been March (NAV ...
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