Tuesday, November 16, 2010

George Gilder: California's Destructive Green Jobs Lobby - WSJ.com
Silicon Valley, once synonymous with productivity-enhancing innovation, is now looking to make money on feel-good government handouts.
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Co-sponsoring a disgraceful bill introduced in September to force utilities to expand their use of "renewable energy" to 15% by 2021 are Republican Sens. Sam Brownback and Susan Collins. Republican politicians are apparently lower in climate skepticism than readers of Scientific American, which recently discovered to its horror that some 80% of its subscribers, mostly American scientists, reject man-made global warming catastrophe fears.

Republicans may delude themselves that the U.S. can undertake a costly, inefficient and disruptive transformation of the energy economy, estimated by the International Energy Agency to cost some $45 trillion over 40 years, while meeting our global military challenges and huge debt overhang. But the green campaign wastes scarce and precious technological and entrepreneurial resources indispensable to the nation's future. Now it is debauching America's most precious venture assets. It must be defeated, not appeased.
NC Media Watch: Prop 23 Update: Govenor engages in climate change delusion
Gov. Arnold Schwarzenegger continues to host his third and last Governors’ Global Climate Summit at the University of California at Davis. The two-day summit has attracted more than 1,500 attendees from more than 80 countries, according to the Sacramento Bee.
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Let see, the planet has not warmed for the last 15 years while CO2 increases, EU governments are pulling alternative energy subsidies and even the White House Advisors are recommending they be pulled in the US, and the people do not really think that global warming is the most important issue.

Exit Question: Is Gov. Arnold Schwarzenegger campaigning to become a UN or US Climate Change Czar?
Nissan Will Sell 500,000 Electric Cars a Year by 2013, Says Chief - NYTimes.com
On the eve of the market debut of the Nissan Leaf electric car, Carlos Ghosn, chief executive of the Renault-Nissan alliance, said the only constraint on sales for the next three years will be how many battery packs the factories could churn out.

Deliveries of the Leaf are scheduled to start next month. Mr. Ghosn, speaking to reporters in Washington on Monday afternoon, did not say just how many he expected to sell in the first three years. He said, however, that the Leaf would hit 500,000 units a year in three years. Mass production, he explained, would lower costs enough to make the car a market success without subsidies sooner than once expected. He said he once thought that number was a million cars a year, but now believed it was from 500,000 to 1 million.
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He predicted that 10 percent of the world car market will be electric vehicles by 2020. “There is no doubt in the minds of anyone in the industry that this is going to be a big factor in the industry,” he said.
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But Mr. Ghosn was all sunshine. Asked how the Environmental Protection Agency should prepare the fuel economy sticker that goes in the window of each new car, giving miles per gallon. He raised his voice in mock fury.

“Miles per gallon?” he said. “Infinite! Infinite! There is no gallon!”

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