Posts Tagged ‘economy’

Egg-ish Nissan Electric Land Glider May be Built With Infinti Badge

Here’s one for the strange book: according to Automotive News (subs. req’d), the egg-shaped, tilt-wheel, 2-seat, Nissan electric car concept set to debut at the Tokyo Motor Show this week known as the Land Glider is apparently under serious consideration for actually being built. Not only that, reportedly the company also thinks it would work well as a luxury Infiniti.

I don’t really know what to say, except… maybe Nissan knows something about rich people that I don’t?

$400 Per Gallon Gas And The Green War Of The Future

It costs $400 per gallon to transport fuel to remote combat locations in Afghanistan.

The U.S. military has been pushing for the development of alternative fuels for a while now, and nobody paid much attention until the Pentagon finally put a price tag on the oil habit. As reported by Roxana Tiron in thehill.com, last week Pentagon officials disclosed that getting conventional petroleum fuel to remote combat locations in Afghanistan costs a whopping $400 per gallon.

There couldn’t be a more clear illustration of why the “drill baby drill” mentality is a non-sequitur when it comes to energy security.  Regardless of whether petroleum fuels are domestic or imported, they need to be transported to their point of use.  That’s not much of a problem when you’ve got modern seaports, highways and fuel depots, but to paraphrase one infamous former Secretary of Defense, you have to fight the war you have, not the war that’s got the ideal infrastructure to support your fuel of choice.

$25 Billion for Imported Oil — In One Month!


That is correct — not million but billion, not in one year but in one month! That is how much the US spent on imported oil in September 2009.

For those concerned about the US economy or national security risks, T. Boone Pickens and data from the US Department of Energy’s Energy Information Administration (EIA) show us that foreign oil imports should be at the top of our list. We rely very heavily on foreign oil and send a good chunk of our money to other countries to supply us with that oil — $25 billion last month alone!

Take a closer look.

Ford Standing Proud As US Hybrid Sales Come on Strong

The American hybrid landscape is shifting under our feet.

With the perceptible movement of a slow landslide, Ford hybrid sales have been dramatically increasing over the last year—sales in September were up 73% from last September. According to Automotive News (subs. req’d), this brings Ford within a few thousand units of overtaking Honda to become the second largest seller of hybrids in America.

These numbers are significant because, according to Ford hybrid marketing manager David Finnegan, “More than 60 percent of Fusion Hybrid sales have been from non-Ford owners, and more than half of those are customers coming from import brands, mostly from Toyota and Honda.”

Confirming Finnegan’s assessment, the established hybrid juggernaut, Toyota, has seen sales of its hybrids plummet 28% in the same time period. Toyota still blows all the hybrid competition out of the water—capturing nearly 66% of all US hybrid sales—but the speed with which the changes are taking place certainly bodes well for a healthy and competitive hybrid marketplace in the future.

WATER: #1 Global Security & Health Concern

Water scarcity resulting from climate change is the number one issue the world will have to grapple with in the future, according to chief climate scientist and Nobel Peace Prize-winner Dr. Rajendra K. Pachauri.

On the one hand, we will have more water around us with sea level rising. On the other hand, though, drought caused by climate change will leave possibly billions of people without clean water.

This will cause great health and global security issues. Most of these problems will be caused by water imbalances.

Irish Students Asked to Bring Their Own Toilet Paper to School

BPA in Recycled toilet paper leaches into waterTough economic times have caused one school in Ireland to ask students to bring their own toilet paper. Parents received the following request last week from principal Catherine O’Neill:

Dear parent, from time to time we will request your daughter to bring in a toilet roll to her class teacher. These rolls will be specifically for your daughter’s class and will be dispensed by the class teacher. We would also request that your daughter has tissues in her sack at all times.

Clean Tech: #1 in Worldwide Venture Capital Investments

Clean tech has passed biotech and IT as the top venture capital (VC) investment category in the world. This is after investments in leading clean tech markets increased by 10% in the third quarter of this year.

Cleantech Group released findings on Wednesday showing that the cleantech sector “accumulated $1.59 billion across 134 companies” and this was 10% more than the $1.2 billion it had accumulated in the second quarter.

Nation’s Largest Utility Leaves US Chamber of Commerce — Because of Climate Change?

John Rowe, Exelon CEO, said yesterday that climate change legislation is an urgent issue. At the same time, he announced that the nation’s largest utility would not be renewing its membership with the US Chamber of Commerce because of the Chamber of Commerce’s opposition to climate legislation.

Green Economy = More Jobs

A new report released today says that if we shift our economy — to a greener, low-carbon economy — we will have more jobs, not fewer.

Earlier this week, Tony Blair (former prime minister of the UK) and the Climate Group reported that if we worked to avoid climate change we’d create 10 million new jobs by 2020 — worldwide. Another recent study by Greenpeace and the European Renewable Energy Council says that such a shift could increase employment in the EU by 2.7 million jobs by 2030.

One more report, released today by the Global Climate Network (an alliance of nine influential think tanks) comes to similar conclusions.

UK’s Tony Blair Finds Climate Action Will Increase Global GDP & Create Millions of Jobs

Climate Action Will Pay for Itself, and More.

The United Nations (UN) stated earlier this month that the cost of avoiding climate change was at least 1% of global GDP — $500-600 billion dollars. Despite this major cost, Tony Blair, former Prime Minister of the UK, and The Climate Group, presented a report to the UN yesterday saying that a strong climate deal will “boost growth in all major economies & create millions of new jobs.”

100s of Investors (with $13 Trillion) Demand Strong Climate Deal in Copenhagen

181 of the world’s largest investors say that the climate agreement in Copenhagen needs to be strong and binding.

This is from companies managing over $13 trillion and is the largest such statement to date. Their proposals are even stronger than what most activist organizations are asking for.

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