http://www.hybridcars.com/gas-mileage-factors/airconditioning.html
I've got a Buick Century. It was $10,500 with 30,000 miles on it.
All the hybrids are out of my price range....forever.
Might as well close up now. Nobody will buy lameass enviro cars for ridiculous prices.
Bail them out? Yup, unless you want to lose the US-based auto industry and surrender that space to foreigners.
Give ‘em heaps of money? Yup, or better still lend it to them at commercial rates. Maybe tax relief. Maybe debt guarantees. Maybe raise tariffs on foreign vehicles. But make sure nothing goes to the shareholders by way of dividend until Uncle Sam gets his money back.
Make ‘em waste money on dodgy and unproven R&D? That sounds like a recipe for disaster. Baby steps first.
The whole reason not to be beholden to the government, or the mafia, you do what they say, or else.
Wanna face this economic future? Just another ponzi scheme to the unsuspecting public. Here’s the lowdown on the ‘Green Bubble’. CDO’s! Sound familiar?
http://www.aninconvenientblog.org/2008/11/13/green-finance-is-changing-wall-street/
Here are three of the most important:
Carbon credits. Perhaps the most important component of green finance is carbon credits.
Here’s how they work: governments place limits on how much pollution major companies can emit and issue (or preferably auction) allowances to those companies.
Companies that exceed their allowances must purchase carbon credits from companies with excess allowances or from companies that have generated credits by planting trees or selling solar lanterns.
Carbon credits offer a fool-proof way to place an artificial value on carbon and as even non-economists know, artificial markets are the most important wealth generators we have today.
Carbonized debt obligations (CDOs). If we’re going to find enough money to save our planet, we need to provide sophisticated investors with a means to invest their green in green more efficiently.
As evidenced by the success of mortgage-backed securities, packaging assets into “portfolios” is an ideal method for creating significant demand for assets that are otherwise individually worthless.
Carbonized debt obligations are portfolios of green assets. These assets can include bonds issued for green infrastructure projects, business loans issued to cleantech companies and carbon credits.
With the ability to invest large amounts of money into eco-friendly derivative instruments without having to worry about the individual components of those instruments, investors will flock to green investing.
Carbon default swaps (CDS). What happens if our efforts to save the planet fail? If we’re only generating 98.1% of our electricity from renewable energy by 2018, we’re almost certainly doomed as a civilization.
That’s where carbon default swaps come in. Think of them as insurance policies for ecological collapse.
Buyers of carbon default swaps pay sellers of carbon default swaps regular premiums. In exchange, if the planet defaults on us, the sellers of those swaps will make payouts to the buyers. These payouts will be made the day after tomorrow.
Carbon default swaps will be especially useful for investors in green technologies who want to hedge against the possibility that all of the money they’ve invested will go to waste if environmental catastrophe strikes.
The Good News
Fortunately, Wall Street doesn’t need any government encouragement to create such instruments; it’s already our ally.
Earlier this week, Goldman Sachs purchased a majority of the carbon credits portfolio owned by E+Co. This follows its investment in two other firms involved in the business of carbon credits, APX and BlueSource.
With a little help from the climate crisis, Wall Street is getting back to the philosophy popularized by insurance magnate Gordon Geico in the movie Wall Street: “Doing well is doing good.”
This good news is that this is just the beginning. As Wall Street shifts its focus from the credit crisis to the carbon crisis, we will see the growth of a more sustainable financial system. That’s green you can take to the bank.
The VW Jetta diesel is the “Green Car Journal’s- Car of the Year 2009”. Last year’s winner was the Tahoe Hybrid. The “Green Car Journal” gets it, i.e. the need for a progressive mix of capabilities, but Congress doesn’t have a clue.
http://www.greencar.com/features/2009-vw-jetta-clean-diesel-wins
When you go begging money from the government you shouldn’t be surprised when the government includes unreasonable demands. If the Big Three don’t want to comply then they should figure out how to stay in business with their own money.
You lay down with dogs, you’re gonna get fleas. I don’t like these particlualr strings, but I think there damn well should be strings of some sort if my money is involved. I dearly wish we had some say in what Lord Paulson is doing the our money, that’s for sure. He’s gonna piss that money away and come back for more, just wait.
http://www.hybridcars.com/gas-mileage-factors/airconditioning.html
Your Vegetables Need CO2
Say NO to CO2, your Plants Die.
Starve A Vegetarian, Cut Co2.
We don’t work for the government bcause we choose not to.
Government don’t work for us because they screw up everything with screwed up fixes.
We are being herded like stupid sheeple.
I don’t agree with goverment dictating what businesses manufacture, BUT, if you’re asking for a taxpayer bailout is should and it WILL come with rules. (Whether or not the rules make sense is another matter).
No bailout, no rules. Your choice Detroit.