Entries from September 2008

September 29, 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 Mercedes-Benz luxury sedan S400 BlueHybrid that is set to hit the market in summer 2009 will [...]

September 26, 2008

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 in the recent years, but what we saw in the last couple of weeks is unprecedented. [...]

September 21, 2008

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 would come to a standstill and our prosperity would sink [...]

September 19, 2008

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 survival of the automaker could depend on these!

Apparently, Chrysler has been working on plug-in electric [...]

September 16, 2008

“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 a giant $38.7 billion loss in 2007. GM’s sales numbers in [...]

September 12, 2008

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 trading program. Therefore, all major CO2 emitters are busily trying to reduce their carbon footprints [...]

September 10, 2008

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 a new record high on July 11th2008 at $147.27 a barrel. Today, U.S. oil is [...]

September 2, 2008

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 which the survival of the once largest car maker in the world, now one of [...]