Monthly Archives: September 2008
Mercedes-Benz’s first hybrid sedan will be equipped with state-of-the-art batteries from Continental
Mercedes-Benz is going to equip its first hybrid car ever with lithium-ion batteries produced by the German Continental AG, a leading manufacturer of brake systems, tires, and many other sophisticated parts for the auto industry. The batteries of the new … Continue reading
Filed under Economy
up and down, up and down, up and up and … ?
Whoever says he knows where crude oil will be trading in one or two weeks, don’t listen! No expert can make any accurate short-term predictions as we’ve been experiencing extreme fluctuations recently. Crude oil prices have been on the move … Continue reading
Our prosperity hangs by a thread as it is based on a limited resource – oil
Undoubtedly, oil is – next to water – the most vital resource for today’s economies. We depend on its energy in almost any regard ranging from transportation to heating and cooling to power generation to chemistry. Without it, the economy … Continue reading
Filed under Economy, Environment, Global Issues, Politics, Uncategorized
The new generation of cars – Chrysler is going to reveal its electric car models to dealers
Chrysler which was late to start developing electric vehicles (Finally, even Chrysler switches to electric cars) announced that it would unveil its business strategies to its dealers. Electric cars seem to be an essential part of Chrysler’s business strategies - the very … Continue reading
Filed under Economy
“We’re reinventing the automobile” – Rick Wagoner, CEO and chairman of GM on the occasion of the grand old car maker’s 100th birthday
General Motors turned 100 today and the company’s management tried eagerly to convey the message of change and optimism. The once largest car maker in the world, incorporated by Billy Durant in 1908, is in a deep crisis. GM created … Continue reading
Filed under Economy, Uncategorized
Vattenfall launches a pilot project in Germany of a coal-fired power plant without C02 emissions using CO2 sequestration technology – another showcase project to greenwash the European shift to coal?
Politicians in many countries love environmental showcase projects. Especially in Europe, governments try to appear as dedicated to environmental protection as possible. The EU climate dictatorship pushes energy suppliers and governments to reduce CO2 emissions by expanding the European emissions … Continue reading
Filed under Economy, Environment, Global Issues, Politics
Crude oil below $100 a barrel – should we stop worrying about energy efficiency, energy dependence and all the eco-stuff?
As you can also read in Has the bubble popped?, we could see oil prices rise steeply from $16 a barrel in 1999, to $60 dollars with some ups and downs in early 2007, reaching $100 per barrel on January 2nd 2008 and hitting … Continue reading
Filed under Economy, Environment, Global Issues, Politics
GMnext – past v.s. future
Who has seen the latest GM “Employee Discount for Everyone” commercial on the occasion of the car maker’s 100th anniversary? If so, you’ve probably seen some SUVs, one Hummer, sports cars, but have you seen any of these cars on … Continue reading
Filed under Economy, Uncategorized
