Today was not a good day for General Motors and Chrysler. Rick Waggoner was shown the door by Washington and GM was told in no uncertain terms that bankruptcy was an option for them. Chrysler was told they have 30 days to convince Fiat they have a future or it was curtains for them. However what was worst was the realization that the future of bloated SUVs and mediocre mileage was well and truly over when Berkshire Hathaway announced that the BYD plugin hybrid vehicle will be on display in May at Buffett’s general shareholder meeting in Omaha.
The annual shareholder meeting is no Volvo driving latte drinking San Francisco set. These people represent the core General Motors constituent, middle America. The problem for Detriot is that if Warren Buffet, the true Anti Wall Street hero...
by Werner Patels The future can be a scary place when one thinks about pollution or the oil running out. While in many parts of the world pollution has reached such drastic levels that people's survival is seriously at risk, oil will be in ample supply for this generation and certainly the next one as well. But for the sake of clean air and potable water, as well as a reliable supply of oil, we must start conserving now and look at alternative sources of energy. No, this has nothing to do with "man-made global warming" – the science...
In
Oil,
Climate change,
Global warming,
Al Gore,
International,
Solar power,
Bjorn Lomborg,
peak oil,
Alternative energy sources,
Hermann Scheer,
Renewable energy,
Wind power