John Ryden is an Engineer with a background in Finance and Economics. Here he will discuss how energy production, energy use, and conservation affect us and the rest of the world with a focus on the economic implications.

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Showing entries for Category: GM

Auto industry needs to be revamped to produce next generation cars

2 comments

November 19, 10:49 AM

by John Ryden, Global Warming Examiner

One key to Barack Obama’s plan for reducing oil consumption is the production of fuel efficient cars. This means cars that get 60 to 150 or more miles per gallon of gasoline. This can be done with plug-in electric hybrids. But is Detroit able to design and build these cars in large numbers?

The debate is on in Washington on whether and how to help the auto industry. Right now they are on the path to bankruptcy. I actually think that most people want to help our auto industry. The best way to accomplish that is the question. Here are some quotes from lawmakers that reflect the current political debate:

From Senator Richard Shelby (senior Republican on Banking Committee): "I don't think they (automakers) have immediate plans to change their model, which is a model of failure”. “I believe their best option would be some type of Chapter 11 bankruptcy". "These leaders have been failures and they need to go."

Representative Barney Frank (Democrat from Massachusetts) pointed out that choosing the bankruptcy option would likely mean abrogation of labor contracts. "We already have too much union busting,"

The leaders of the auto industry insist that bankruptcy is not an option. Serious reorganization is painful, but that is the way we are headed. The U.S. auto industry is not going to just disappear, but it could be smaller and look very different a few months from now.

Why a Big Three Bailout is Driven to Fail

Topics: GM , hybrid electric , Auto Industry

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Comments

Restructuring the auto industry

1 comment

November 17, 5:15 PM

A healthy and robust auto industry in America is going to be needed to build new fuel efficient cars. This will be important to solving our global warming problem. Gasoline powered cars with fuel efficiency based on existing technology will have to be... Read More
Topics: Global Warming , GM , consumption tax , elections 2008 , Auto Industry

Bush signs $25 billion loan guarantee to auto industry postponing their collapse

5 comments

October 1, 3:12 PM

President Bush signed the bill authorizing $25 billion in loan guarantees to the auto industry. U.S. auto companies are being hammered by high gasoline prices, weak consumer spending, the credit crisis, and tough competition from foreign imports.U.S.... Read More
Topics: Global Warming , oil , gasoline , GM , consumption tax , John dingell , loan guarantee

DNC Platform on Energy Policy and Global Warming

4 comments

July 30, 12:17 PM

This is the time of year when the Democrats will outline their party’s plan for our energy policy and global warming. In the 2004 plan they talked about the importance of reducing our dependence on foreign oil and the need to develop renewable... Read More
Topics: Global Warming , Coal , Bush , Carbon Dioxide , China , oil , nuclear , McCain , cap and trade , energy prices , inflation , oil shale , wind energy , electric car , chevy volt , GM , hybrid electric , energy policy , Obama , offshore drilling , tax , DNC

EEStor Advanced Capacitor Best Use In A Hybrid Car

11 comments

June 24, 11:43 AM

EEStor is developing a high voltage capacitor that could be a breakthrough in the development of electric and gas hybrid electric cars. EEStor has developed an improved dielectric material that allows the use of very high voltages in their capacitor... Read More
Topics: Global Warming , gasoline , chevy volt , GM , hybrid electric , capacitor , Prius , Zenn , Toyota

What Does It Cost To Operate an Electric Car?

10 comments

June 11, 1:29 PM

Electric cars, particularly gas electric hybrid cars, have the potential to lower our gasoline costs. But do they really save us any money? First, how much does the electricity cost to charge a car? A gallon of gasoline has the equivalent energy... Read More
Topics: gasoline , electric car , chevy volt , GM , hybrid electric