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Israel Awards USC Professors $1 Million Prize For Energy Research

Israeli Prime Minister Benjamin Netanyahu's office has announced that two Southern California scientists will be rewarded for their research on methanol and the energy crisis

By: Gideon Greenbaum-Shinder
Published: October 16th, 2013 in Health » Local
Professors George A. Olah and G.K. Surya Prakash

Israeli Prime Minister Benjamin Netanyahu's office has just announced that two Southern California scientists will be awarded a $1-million prize for their efforts in the field of alternative fuels.

The 2013 Eric and Sheila Samson Prime Minister's Prize for Innovation in Alternative Fuels for Transportation will be given to USC Professors George A. Olah, a 1994 winner of the Nobel Prize in chemistry, and G.K. Surya Prakash for their work on methanol markets. The two have forged the potential tool for a future economy in which methanol could replace fossil fuels for a range of purposes, including transportation.

The prize is to be handed out next month at the Bloomberg Fuel Choices Summit in Israel.

Two years ago, the Israeli government launched a national agenda to support scientific advance in the field of alternative fuels for transportation, aimed at reducing global oil dependence.

Israel has a set goal of dropping the use of fossil fuels in transport by 60% by the year 2025, according to Eyal Rosner, who directs the country's alternative fuels program.

It also aims to reduce greenhouse gas emissions by 20% and produce 10% of its energy from renewable, clean sources.

Related articles: Health News, Benjamin Netanyahu, Israel News, Energy Research, Methanol, Energy Crisis, Nobel Prize
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