June 30, 2008
Detroit's Mood Grim as Automakers Face the Brink (Reuters)
GM, once an emblem of US economic might, is being driven to the brink by dwindling sales that are expected to test cash reserves and the nerves of investors. Crosstown rivals Ford and Chrysler LLC face similar pressures.
Portugal to Join Renault-Nissan Electric Car Project (Thomson Financial)
Portugal PM Jose Socrates will soon sign an agreement for his nation to join the Better Place electric car project backed by Renault SA and Nissan Motor Co, Diario Economico has reported.
San Antonio Looking to Dip Into Solar Pool (AP)
San Antonio's CPS Energy has set a goal of producing 100 megawatts of solar energy by 2020 for the first time ever, while it plans to seek suitors for a new, giant solar plant in the next few months.
Opinion: The World's Will to Tackle Climate Change is Irresistible (Rajendara Pachauri, Guardian)
There is growing concern that the economic slowdown will cause a parallel slowdown in climate progress, with governments less willing to advocate for reducing CO2 emissions. A valid worry. And yet, there are reasons to believe the exact opposite will occur.
Western Guvs Discuss Balancing Energy, Wildlife (Los Angeles Times)
Governors from several Western states have agreed to form a council that will study ways to protect wildlife habitat in the face of ever-increasing demand for energy development in their region.
Aluminum Supply in Deficit on Coal Shortage (Reuters)
The world aluminum market is headed for a 200,000-ton deficit this year and in 2009, as coal supplies turn scarce and producers are forced to cut output, the banking group UBS has announced.
