Posted on 10/05/2012 3:03:12 AM PDT by Cincinatus' Wife
:)
It’s the Economic Times India, so no excuse.... [can’t say I’ve not made similar goofs — still no excuse].
Did you proof for more, or stop reading there?
Unlike team Obama, at least the Soviets mandated useful items.
What happened to our America? Time is very short.
What you learned was part propoganda. Russia has always had plenty of brainpower but not enough resources for their people. Remember the wheat deal!!
It could be that battery operated electric cars are crap in exactly the same vain as global warming?
I recall reading an article in August that said the Feds were leasing a bazillion (or so :) Volts from GM. But now I can’t find any info on this. Anybody else. The leases supposedly lead to Volt’s “impressive” numbers for 2012.
This is what happens when private companies allow hippies and eco-fascusts into their boardrooms. First, their emotions trump their tiny brains so bad decisions are made. Then they whine like little girls when those decisions don’t meet their fantastical expectations. And finally, the companies can’t fire some of these morons because they’re affirmative action imbeciles protected by the criminal fascist syndicate occupying Washington.
So what’s the lesson? Don’t hire rats.
I like the “idea” of the electric car. Unfortunately the “reality” of the electric car has a Long, long way to go before the two meet.
My wife runs out of gasoline at least 3 times each year and the AAA comes to her rescue with an emergency gallon of gas.
If she were to have an electric car, she’d still run out of fuel and there’d be no way to get her going again.
Can't recall the name of the show. Patricia Arquette played the medium. Never knew she was also an Obamoron.
I believe it was GE who was leasing/buying a bazillion cars....to test their plug in stations. IIRC, then Obama put the CEO of GE on the US payroll...personally hiring him.
If they came up with an electric car that can accommodate shorter trips we live in the suburbs) for under 10k, we would buy it. It would have to be able to go about 50 miles on a charge and should be able to have AC in the summer and heat turned on during the winter. I hate driving the large vehicle around town to run errands.
When they address the needs of the marketplace instead of the needs of DC, we would all be in better shape.
Shortages!
You got in line to get a number to get back in another line, only to end up looking at empty shelves.
Fledging is a perfectly good word. http://www.merriam-webster.com/dictionary/fledge
It is probably more accurate than “fledgling”. A fledgling is an immature but viable young bird. A fledging chick still depends on its parents for subsistence. The fledging electric car industry is still chirping away demanding more and more food from its government parents because it cannot feed itself.
And Obama’s EPA (with a free hand giving the finger to Congress) is changing mileage requirements to burden auto makers - raise their prices - to force them closer to the wildly expensive, under-preforming green “toys.”
Glut of Solar Panels Poses a New Threat to China New York TimesBy KEITH BRADSHER | New York Times – 1 hour 14 minutes ago
BEIJING — China in recent years established global dominance in renewable energy, its solar panel and wind turbine factories forcing many foreign rivals out of business and its policy makers hailed by environmentalists around the world as visionaries.
But now China’s strategy is in disarray. Though worldwide demand for solar panels and wind turbines has grown rapidly over the last five years, China’s manufacturing capacity has soared even faster, creating enormous oversupply and a ferocious price war.
The result is a looming financial disaster, not only for manufacturers but for state-owned banks that financed factories with approximately $18 billion in low-rate loans and for municipal and provincial governments that provided loan guarantees and sold manufacturers valuable land at deeply discounted prices.
China’s biggest solar panel makers are suffering losses of up to $1 for every $3 of sales this year, as panel prices have fallen by three-fourths since 2008. Even though the cost of solar power has fallen, it still remains triple the price of coal-generated power in China, requiring substantial subsidies through a tax imposed on industrial users of electricity to cover the higher cost of renewable energy.
(I seem to remember that solar panel manufacturing and subsidies for users was what tripped Spain into bankruptcy)
The Chinese government also wants to see the country’s more than 20 wind turbine manufacturers, many of which are losing money, consolidate to five or six. “Wind does not need so many manufacturers,” said Mr. Li, who in addition to drafting renewable energy policies is the president of the Chinese Renewable Energy Industries Association.
(and the final kicker)
To reduce capacity, foreign rivals have clamored for China to subsidize the purchase of more solar panels at home, instead of having Chinese companies rely so heavily on exports. But the government here is worried about the cost of doing so, because the price of solar power remains far higher than for coal-generated power. The average cost of electricity from solar panels in China works out to 19 cents per kilowatt-hour, said Mr. Li. That is three times the cost of coal-fired power.
My point was at least the Russian communists mandated useful manufactures, like farm tractors.
Our communists mandated the Volt.
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