General Motors has announced it is buying back Chevy Volts from any purchasers who are concerned about safety risks associated with the vehicle. NHTSA is currently investigating fires that occurred after crash tests of the vehicles when the volatile lithium-ion batteries ignited days after the tests. Any buybacks of the vehicles sets the stage for wealthy purchasers to take advantage of lax rules for the $7,500 tax credit available on the vehicle. Essentially, many purchasers can return their Volts and then go ahead and apply for the credit, even though they do not currently own the vehicle and received a refund of what they paid for the car.
It’s another day, and another round of layoffs by a recipient of millions of dollars under the Obama Administration’s renewable energy initiatives, administered by the mismanagedDepartment of Energy.
This time the Recovery Act largesse – taken out of the hide of taxpayers – went to A123 Systems, Inc. The Massachusetts-based energy storage company was given $249.1 million to help launch two battery-manufacturing plants in Michigan. A123 also received grants and tax credits from the state that could total more than $135 million. In a separate federal grant as a subcontractor for another grantee, A123 received nearly $30 million for a wind energy storage project.
Coca-Cola’s just-announced holiday campaign to supposedly protect Arctic polar bear habitat – highlighted by the company changing its iconic red cans to white – is ending, with the company killing off its new packaging two months earlier than planned.
No, Coke hasn’t seen the light on its disguised support for the global warming hoax. The images of polar bears will instead appear on redesigned red cans, after many consumers mistakenly grabbed the white cans believing they were selecting the silver-canned Diet Coke.
The competition in corporate America to show who is “Greenest” or “most sustainable” has spun out of control, with the Alinskyite effect that drives corporations to spend vast amounts of time and money trying to address the whims and requests of every Leftist niche group that waves some kind of scorecard in their faces.
Many articles written over the past year have questioned if President Obama will be able to reach his goal of having a million electric vehicles on US roads in 2015. A more important fact has been overlooked. That is, even if we get a million EVs on the roads in four years, we will have done practically nothing to reduce oil consumption in America. To be more specific, we will reduce consumption by approximately 0.15%. Is it worth the billions of taxpayer dollars spent producing controversial vehicles like the Chevy Volt in order to lessen foreign oil dependence four years from now by 0.15%?
In 2009 Google announced a project in which it would pursue a so-far elusive goal – to produce “Renewable Energy Cheaper Than Coal” (“RE<C” was Google’s acronym). Why the Internet search giant thought it could succeed where other more experienced and knowledgeable companies (like electric utilities and alternative energy businesses) have failed for many decades shows the level of arrogance reached at the upper management levels. Either that or it illustrated how much Google’s leaders sought to ingratiate themselves with the Obama administration by following its “Green jobs” agenda.
The Associated Press has reported that new fires involving the Chevy Volt have prompted NHTSA to open an investigation to assess the risks for the vehicle. Two Volts that had been crash-tested by the government agency recently caught fire or "emitted smoke and sparks." This follows an incident that occurred about 6 months ago when a Volt burst into flames three weeks after a crash-test. Considering that NHTSA delayed informing the public of that incident, will it be possible for an agency of the Executive Branch of government to now give a fair assessment of the risks of a vehicle that General Motors and the Obama Administration have hyped and gambled much credibility (as well as billions of taxpayer dollars) on?
Last week, the sequel to 2009’s Climategate scandal was introduced to the global Internet audience, and preliminary reviews show it to be potentially more explosive than the original. Gems include iconic Hockey Stick scientist Michael Mann advancing a “cause” and admitting “we certainly don’t know the GLOBAL mean temperature anomaly very well,” and University of East Anglia scientist Phil Jones advising colleagues involved in the U.N. Intergovernmental Panel on Climate Change “to delete all emails at the end of the process,” so to avoid being subject to any Freedom of Information Act requests.