Big Auto
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Citigroup finds Senate fuel efficiency targets attainable
Financial giant Citigroup recently analyzed the question of whether the CAFE fuel-efficiency targets in the Senate energy bill are possible for the automakers to meet. Its finding: Yes, they are "tough but attainable" (sub rqd), and might even prove a net financial benefit. Said Rep. Ed Markey: "When you have the world’s number one bank, […]
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An open letter from 13 governors to U.S. automakers
As you know, today automakers lost their big lawsuit in Vermont — the judge ruled their their objections to higher tailpipe emission standards were, um, silly. Now, the governors of 13 states have sent an open letter to the automakers. "We do not believe it is productive for your industry to continue to fight state […]
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Do higher MPG cars mean fewer jobs?
The Chicago Tribune has an article in today's paper entitled "MPG bill could cost UAW jobs; Workers fear SUV plant's fate sealed," although the article itself isn't as shrill as the title suggests.
At first glance, the article looks like the classic "those environmentalists are going to take away your jobs" piece, but the author presents data for the other side, that is, that the problems of the auto industry are the problems of the managers of the auto industry:
Higher fuel standards would affect all automakers but would hit the domestics harder because they sell a greater percentage of trucks than foreign rivals. Trucks account for 56 percent of GM's sales, two-thirds of Ford's and three-fourths of the Chrysler Group's.
Youch! Who's fault is it that they bet the farm on SUVs? The car companies could have analyzed the data on peaking oil, foreign imports of oil, even global warming. Because of their short-term outlook, made much worse by Wall Street's emphasis on the next quarter, not the next quarter of a century, they refused to go down a path that should have been obvious by the end of the 1970s.
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Use this one to win every argument
Today’s Wicked Awesome Comeback comes from Sen. Byron Dorgan, D-N.D. Doesn’t matter whom he said it to, or why (OK, it was to Big Auto because they’re raising a stink about fuel efficiency) — it’s applicable in all kinds of situations: “I think your position is yesterday forever.”
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It would pre-empt state fuel efficiency laws
An energy bill is emerging from the House Energy and Commerce Committee, but it has some "unacceptable" provisions, according to leading energy and environmental experts.Rick Boucher (D-Va.), chair of the Subcommittee on Energy and Air Quality, has a draft bill online, along with summaries of key provisions. The bill has a variety of important provisions aimed at promoting energy efficiency in electricity and vehicles -- and some useful provisions to promote low carbon fuels.
But it has at least two serious flaws.
First, it helps subsidize coal to liquids, which is an irredeemably bad idea, as I have argued repeatedly (here and here). Yes, the bill would require carbon capture and storage, but even so, the process still generates high-carbon diesel fuel. Also, such storage would take up the space in underground geologic repositories that could otherwise be used for storing carbon dioxide from future coal plants, which results in carbon-free electricity -- vastly superior to high-carbon diesel fuel.
Second, the bill would "prevent California and other states from taking independent action to regulate greenhouse gas emissions," as noted by Environment & Energy Daily (sub. req'd -- article reprinted below). In an email, David Hawkins, director of NRDC's Climate Center, called this provision "absolutely unacceptable."
Others who question this provision can be found in today's E&E Daily:
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Looks like the plug-in might actually happen
General Motors is apparently serious about introducing a plug-in hybrid electric vehicle, which I have repeatedly argued is the car of the future (PDF). The race is now on between Toyota and GM as to who will be the first to introduce this game-changing vehicle.The Chevy Volt is to be the "legacy" of Robert Lutz, GM's vice chair of product development, according to Business Week's "Auto Beat" column. The Volt will go about 40 miles on an electric charge before reverting to being a regular gasoline-powered hybrid.
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A Nation columnist goes contrarian; GM goes the other way
Did lefty pundit Alexander Cockburn and corporate behemoth General Motors secretly agree to swap climate positions?
It looks that way. GM, swallowing hard, recently joined the U.S. Climate Action Partnership, the elite enviro-business coalition pushing cap-and-trade -- a so-called "market-based system" for controlling carbon dioxide emissions. Meanwhile, the famously acidic Cockburn lacerated global warming orthodoxy in his column in the Nation magazine, deriding it as a "fearmongers' catechism [of] crackpot theories" ginned up by "grant-guzzling climate careerists" and opportunistic politicians looking to ride the greenhouse "threatosphere" all the way to the White House. (Whew!)
But there's less here than meets the eye. For as the inconvenient details of cap-and-trade schemes start to surface, USCAP is looking less and less like a CO2 control lobby and more like a corporate club seeking to cash in on the rising clamor against free carbon spewing. And Cockburn, it turns out, has been raining on the climate crisis parade for years.
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Read his cranky email to a consumer
A reader wrote in to share this email exchange. This is the email she sent to GM — as I understand, it’s a form letter you can sign and send from the Plugin America website. Dear Sir, I am tired of being held by the throat by oil companies and I want to buy a […]