UN: Financial Chills are Ill Wind for Climate (AP)
The financial turmoil rippling across the globe will set back efforts to fight climate change, drying up capital that could help poorer countries upgrade to clean energy technology, the UN climate chief has warned.
Alaska: Great Wealth, Thanks to Big Oil and Government Handouts (Los Angeles Times)
Alaska is awash in billions of surplus dollars from the current high oil prices and a tax hike on the oil industry, but it remains at the forefront of states feeding at the federal trough.
Good Week, Bad Week for Solar Industry (AP)
Pres. Bush signed off on an eight-year extension of solar energy tax incentives last week. But the renewables industry depends on equity and credit to complete projects as well, and the credit market has frozen.
Maritime Organization Seeks to Cut Air Pollution From Oceangoing Ships (New York Times)
The International Maritime Organization has adopted stringent new controls on airborne pollution from the world’s 300,000 oceangoing vessels.
France Eyes CO2 Opt-Outs for Industry (Reuters)
The EU's French presidency has sought to defuse mounting opposition to EU climate goals by offering opt-outs for some industries and countries that fear economic damage, angering green groups.
Nature Loss 'Dwarfs Bank Crisis' (BBC News)
The global economy is losing more money from the disappearance of forests -- $2 trillion to $5 trillion each year -- than through the current banking crisis, according to an EU-commissioned study headed by a Deutsche Bank economist.
Smoke Detected at Japanese Nuclear Complex (AP)
Smoke was detected today at a Japanese nuclear power complex that suffered a major accident a decade ago, but the operator has said there was no release of radioactivity.
Make Hummer More Luxurious than simply just sell it!
In term of mileage, I guess a Ferrari or Lamborghini is even worse than Hummer. What's more, they carrier far less passengers than Hummer.
GM should make Hummer a super luxury 4X4 brand like Land Rover or even Rolls Royce,Bentley and Maybach. Handworking can be adopted if necessary,as Spyker from Netherland.
Selling Hummer cannot a huge mistake for GM.
I Wanna Know
Ok
How Many People Would Want To Buy A Car That Get Probably 10 Miles To A Gallon On The Highway With Gas At $4.00 Almost $5.00 A Gallon
Gm Is Doing The Right Thing By Selling The Hummer Brand
GM makes me mad!
Now that I'm thinking about it. GM is really screwing the brand I love. They bought the branding rights from AM General in 1999, came out with the H2 (built at AM General) in 2002 or 2003. They're doing ok with the brand so far. In 2005 they come out with H2 SUT, another plus. Same year they have plans for an H3, even better!!! And then they just screw over the vehicle that made the brand what it is today. In 2006 they stop making the beloved H1. You can't even special order it. I understand the new emission laws are expensive to work with and fix to pass them, but still killing the legend, the H1. I was heartbroken. Now less than 10 years from acquiring the brand, they are thinking about selling it. I think GM is making a mistake. They need to make HUMMER into a more prestigious brand like Land Rover. Not make it a cheap brand of a car that you see soccer moms driving. So what, they'll be expensive, Porsches aren't cheap, Land Rovers aren't cheap, Lambos and Ferraris certainly aren't cheap. Keep the brand, don't dump it. Just find a different market and class of people to sell the cars to. That just makes sense.
Save HUMMER!
Funny you mention TATA. Thats the only company I can think of that would buy it. They did buy Land Rover, why not HUMMER? If I was a billionaire i'd buy the brand and sign a contract with AM General (The Original HUMMER Creators) to make the H3, H3T, H2, H2 SUT, Hx, and i'd do the unthinkable, bring back the H1. But I'm not a billionaire and we will probably never see the H1 again. =/
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It's hard to imagine who
It's hard to imagine who will buy the Hummer brand but it's possible that Tata Motors will buy it:)
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