General Motors has been quick to allay concerns that the Chevy Volt had anything to do with an explosion at a testing facility that appears to have injured five workers, one possibly seriously. The explosion has been attributed to gases from a lithium-based prototype battery being developed at GM's tech center. While the incident should not serve as an indictment against the Volt, concerns about volatile lithium-ion batteries are legitimate.
Just as the Department of Energy gave A123 Systems a vote of confidence by extending a deadline until 2014 to spend down its $249 million stimulus grant, the deeply troubled electric vehicle supplier experienced another setback.
Another important story goes unreported by TV networks receiving millions of dollars in ad revenue from General Motors. Viewers getting their news from Obama-friendly sources continue to hear about how great GM is doing. For those getting their news from internet sites not beholden to Government Motors, the reports aren't as good. March US market share for GM fell to 17.5% in March, the lowest level for "Old" or "New" GM since 1922.
The North Carolina fuel cell project in which former Vice President Al Gore has a conflict of interest as a director of Apple, Inc., illustrates how crony socialism and state mandates to utilize so-called “Green” energy converge to benefit wealthy corporatists at the expense of regular citizens.
Yesterday NLPC reported that Apple’s plans to build a costly fuel cell electricity generation facility adjacent to its new data center in Maiden, N.C., was a conflict for Gore, because plans show Apple has enlisted Bloom Energy to build the project.
The report by the NY Times that it would take up to 27 years for Chevy Volt buyers to save enough money in gas costs to make up for the high price of the car must be very confusing for apologists of the vehicle. The normal defense for any criticism is to accuse sources of having a right wing hate of the car. But the NY Times? The very vocal Volt defenders, who are quick to attack anyone who doesn't agree that the car is a technological marvel worthy of billions of dollars of taxpayer largess, will have to attribute the left-leaning Times' criticism to something other than a political agenda.
An Ohio-based solar company received millions of dollars in state and federal subsidies despite government officials’ knowledge that the company was in financial trouble, and now a local newspaper reports little activity at the manufacturer’s Perrysburg plant.
This past weekend saw further escalation of nationwide demonstrations over the fatal February 26 shooting of a black Florida teenager, Trayvon Martin, by a white neighborhood watch volunteer. Though in apparent self-defense, many are demanding the shooter, George Zimmerman, be arrested. In lieu of such action, some are vowing to apply their brand of street justice. Unfortunately, they have an ally in President Obama.