Tuesday, November 09, 2010

Auto Market ‘Driven By Government, Not Consumers’ - By Henry Payne - Planet Gore - National Review Online
Rebecca Lindland, Director of Auto Research for IHS Global Insight, offered welcome perspective on Detroit radio this morning.

“Automakers’ product is being driven these days by the government, not by the consumers,’ she says, noting that there is no surge in demand from consumers for electrics.

Indeed, she pointed to hybrid sales figures which are in decline and currently at less than 3 percent of market share — even after a decade of sales momentum. Recall that J. D. Power predicted 4.6 of sales would by hybrid this year as recently as 2007.
- Bishop Hill blog - Speechless
Some of you may remember Deutche Bank's amusing attempt to address "major sceptic arguments". I posted something on this back at the start of September.
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There's quite a bit of reading, but it's certainly worth investing the time. The work of the CABR team is, quite frankly, extraordinary. It is so bad I'm going to refrain from further comment.
So is the world predictable or not? The environmentalists' contradiction
We never learn. Earlier this year, scientists delivered the startling news that despite increases in sea level caused by climate change, only four out of 27 small Pacific islands surveyed were smaller than they had been in the 1950s. The remaining 23 had either stayed the same size or grown, thanks to offsetting accumulations of coral debris.

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