Ann Arbor (Informed Comment) – Last weekend, OPEC Plus, an expanded cartel of petroleum exporters, considered a plan for members to cut back on their oil production so as to support prices in the face of a slowing world economy owing to the novel coronavirus. The Russian Federation rejected the plan put forward by OPEC, […]
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Green Transportation
Germany set to overtake China as Market Leader for Electric Cars in 2021 with Nearly 2 mn. to be Produced
By Sören Amelang | – ( Clean Energy Wire) – German carmakers VW, BMW and Daimler are set to overtake Chinese rivals to become global market leaders for electric cars from 2021, according to business consultancy McKinsey. The German trio will likely double their worldwide output to more than 1 million fully electric and plug-in […]
Congress Needs to Step up on Climate Emergency, Support Clean Energy and cut Big Oil Subsidies
The climate crisis is here. It is real and it is hurting our health. As physicians in Northern California, my colleagues and I see how climate change is making our patients sicker every day. We see infants and children with worsening asthma due to wildfire smoke exposure. We see adults with chronic obstructive pulmonary disease […]
Top Four Ways to abolish the Gasoline Car and Go Electric in 15 Years
By Ashley Fly | – The UK government recently pledged to bring forward a ban on new diesel and petrol car sales from 2040, to 2035. The move surprised some, but perhaps most surprising was the confirmation that the ban will also include hybrid vehicles, which use a combustion engine running on fossil fuel and […]
Cramer: “We’re in the Death Knell Phase” of Big Oil, as 44% of Norway New Autos are Electric
Ann Arbor (Informed Comment) – CNBC stock picker Jim Cramer startled his conservative fan base this week by refusing to push ExxonMobil and other petroleum stocks. He solemnly informed his audience that he is “done” with fossil fuel securities. He pointed out that pension funds all over the world are divesting from them because of […]
Brexit decides Tesla to Open Gigafactory in Germany in Win for E-Mobility
By Sören Amelang | – Tesla’s announcement to build a “gigafactory” for e-car production in Germany is likely to speed up the slow shift to electric mobility in the country, politicians and mobility experts have said. Media called the announcement a “head-on attack” on the country’s mighty carmakers BMW, Daimler and VW that will force […]
No More War for Oil: Buy an Electric Car & Never hear about Tankers Again
Ann Arbor (Informed Comment) – As the warmonger faction in the Trump administration milks the attack on two oil tankers near the Straits of Hormuz for all its potential as a new Gulf of Tonkin pretext for hostilities, everyone should keep in mind the cargo. The cargo is petroleum, to run your car or Japan’s […]
The Green Future is Here: Audi to sell a Million Electric Cars a Year within 5 Years
By Benjamin Wehrmann | – (Clean Energy Wire) – German carmaker Audi has announced the goal of selling one million electric cars per year by the mid-2020s and to offer 30 e-car models by that time, with 20 models being purely electric. Audi CEO Bram Schott told shareholders tthat the company intends to “take the […]
Zero Carbon Electric Air Taxi 5-Seater Completes Maiden Flight in Germany
By Benjamin Wehrmann | – (Clean Energy Wire) – The new five-seater electric air taxi by aviation company Lilium from Munich has completed its first flight successfully. According to the company, the Lilium Jet’s maiden flight took place in early May in Germany, about two years after the first successful flight of Lilium’s two-seater, paving […]