Monday, January 26, 2009

Still more Co2 hysteria  - washingtonpost.com
...Patty Glick, senior global warming specialist for the group National Wildlife Federation, said that "it's only in the last year or so the federal agencies are starting to take notice" of how higher temperatures will affect conservation efforts.
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...Sandy Andelman, who directs Conservation International's tropical ecology, assessment and monitoring network, University of Minnesota environmental economist Stephen Polasky and colleagues have calculated that it could cost at least $5.8 billion overall to safeguard biodiversity in the humid tropics unless the world slashes its greenhouse-gas emissions quickly.
Norway: Maker of small, ridiculously expensive electric car goes bankrupt  - WSJ.com
In the race to get electric cars to market, the Norwegian start-up Think Global AS was one of the front-runners. It snagged big-name venture-capital backing and in 2008 manufactured about 350 of its latest model, a two-seater, plug-in city car. It planned to ramp up production to 10,000 units this year.

Then the financial crisis hit. As Think began its expansion, overall demand for cars fell, and the company wasn't able to raise the $60 million to $100 million it needed to finance the growth. The credit crunch prompted suppliers to demand faster payments. In mid-December, Think became one of the green technology world's first major casualties, filing for bankruptcy protection.
Cross Country: Detroit Bets Its Future on Washington - WSJ.com
Parading green technologies has been something of a ritual at the auto show, even before Leonardo DiCaprio made the Toyota Prius a status symbol. Prius might be a money loser (despite selling a million cars, analysts still believe Toyota sells each one at a loss) -- but the prevailing industry wisdom is that the halo effect hybrids produce is important for other reasons, including gaining a foothold in an elite market segment...
The Volt is calculated to position GM as the chief partner in Washington's emerging green industrial policy. This might keep it in business -- but the price will be paid by taxpayers and the car-buying public.

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