Image courtesy of Revenge of the Electric Car ‘ Who Killed the Electric Car? ‘ was one of the most exhilarating environmentally-themed documentaries of the last decade. The 2006 film, which investigates General Motors’ decision to discontinue its revolutionary electric car, the EV1, made a huge splash — it embarrassed the auto industry, shed light on the murky confluence of corporate and political interests, and invigorated a brand new generation of EV enthusiasts in one fell swoop.
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General Motors is making waves in the green vehicle industry. The company recently announced that they will invest $246 million in producing electric motors and components right here in the United States. U.S. geothermal energy capacity grew 6 percent in 2009, and there are many more projects on the horizon. Crude oil futures rallied above $66 a barrel after two days of big declines, Bloomberg reports . Iraq’s oil sector better rally, argues The Economist: The country’s botched oil auctions risk alienating foreign investors which are needed to tap the country’s huge reserves Crude oil futures rallied above $66 a barrel after two days of big declines, Bloomberg reports . Iraq’s oil sector better rally, argues The Economist: The country’s botched oil auctions risk alienating foreign investors which are needed to tap the country’s huge reserves. From the G-20 summit in Pittsburgh: The bigger group will displace the G-8 as a center of global economic policymaking, notes the WSJ General Motors says the electric Chevy Volt will get 230 miles a gallon in city driving, calling it a “game-changer,” the WSJ reports. Teetotaler The comments came as GM unveiled some of its new products this morning; the Volt is GM’s big bet on new drive technology to create more fuel-efficient cars, even though its $40,000 pricetag is seen as an obstacle Well even if climate legislation will cost a few billion dollars just to implement , people still seem to like the idea. A new Zogby poll of 1,000 likely voters commissioned by the National Wildlife Federation found that 71% of respondents supported the energy and climate bill the House just passed. That is, 45% “strongly favored” it, and 26% “somewhat favored” it. More grist for the argument over the cost of starting a cap-and-trade program in the U.S.: Simply expanding government agencies to handle all their new responsibilities will cost about $7.5 billion over the next decade, according to the Congressional Budget Office. USA Today reported today on the study, which was issued in June in answer to the House Energy Committee’s request for cost estimates on the global-warming bill General Motors will introduce a Buick crossover sport utility vehicle powered by a plug-in rechargeable system in 2011, a top GM production executive said Thursday. In the full-throttled U.S. |
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