Friday, March 11, 2011 1:19:46 AM
Yes, I'm hoping if Sunlogics gets projects with GM, Sunlogics Power Fund (SLMU) will be funding the projects and receives long term (20 years) revenues from selling power to GM and the grid.
HERE IS A QUESTION YOU SHOULD ASK YOURSELF AND DO MORE DD ON.. How high can the price of electric power increase when the usage of in Electric Vehicles increased (much more power demand)? As more Electric Vehicles are used in U.S., the U.S. will be moving from heavily depending foreign oil (Petroleum) to using much more electric power. We can all agree that the government and states are promoting renewable energies like solar and wind to supply for future increase in electric power usage. Do a Google search it's all over the web.
Here is a chart of the US Energy 2009 to help you see what I'm talking about. 94% of Transportation energy comes from Petroleum. Now if many of the gas vehicles are converted to electric vehicles you will see other energy sources, like renewable, increasing to supply the electric power for these electric vehicles. We all know that when demands goes up the prices of electric power will goes up as well!!!
http://en.wikipedia.org/wiki/Energy_in_the_United_States
Also, the government have made regulations that require manufactures to produce more energy efficient vehicles which will gradually push manufactures to produce much more hybrid and electric vehicles. Conventional gas vehicles will not be able to compete. Say bye bye to conventional gas vehicles soon!
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President Barack Obama unveiled a government push on Friday to boost auto fuel economy for model-year 2017 passenger vehicles and beyond, and introduce a truck efficiency target for the first time.
Obama's policy initiative was characterized by leading environmental groups as an especially welcome step in the wake of the BP Plc Gulf Coast oil spill.
"I believe it's possible in the next 20 years for vehicles to use half the fuel and produce half the pollution that they do today," Obama said at a White House ceremony.
Separately, Canada announced similar steps for heavy trucks and hopes to propose a draft regulation within several months.
Cars and trucks account for more than 60 percent of U.S. oil consumption and more than 25 percent of domestic carbon pollution, environmental statistics show.
David Doniger, policy director for the Climate Center at the Natural Resources Defense Council, said tougher standards for cars and the first-ever efficiency goals for trucks will save consumers billions of dollars in fuel costs.
"These are important steps to cut our oil dependence and carbon pollution," Doniger said in a statement.
The new rules for passenger cars, sport utilities, pickups and vans will be carried out by transportation and environmental regulators.
California, a leader in the effort to curb vehicle emissions, will play an important role in developing an efficiency framework for the rule that will run from 2017-25.
The Obama administration in April completed regulations for passenger vehicles that will require a 30 percent decrease in carbon emissions and a 42 percent increase in auto fuel efficiency to 35.5 miles per gallon by 2016.
Automakers sought assurances in recent weeks that the Obama administration would seek to extend federal oversight of those standards beyond the 2016 time frame.
Industry believes anything less than a firm government commitment on the subject would open the door to competing state standards that could vary from region to region, complicate product planning and add heavy costs.
But trying to gauge long-term fuel efficiency targets for 2017-25 could be trickier than past efforts that were strictly tied to gasoline use.
Industry has embraced cleaner burning fuels, more efficient engines and advanced battery technologies for gasoline-electric hybrids and full-electric cars that produce few to no emissions.
Automakers are moving fast to boost efficiency, and many cars on the road already meet or exceed the 2016 targets. General Motors Co and Japan's Nissan are racing to roll out the first mass-produced electric cars later this year and other manufacturers have designs in the pipeline.
http://www.reuters.com/article/2010/05/21/us-autos-fuel-obama-idUSTRE64K4JK20100521
HERE IS A QUESTION YOU SHOULD ASK YOURSELF AND DO MORE DD ON.. How high can the price of electric power increase when the usage of in Electric Vehicles increased (much more power demand)? As more Electric Vehicles are used in U.S., the U.S. will be moving from heavily depending foreign oil (Petroleum) to using much more electric power. We can all agree that the government and states are promoting renewable energies like solar and wind to supply for future increase in electric power usage. Do a Google search it's all over the web.
Here is a chart of the US Energy 2009 to help you see what I'm talking about. 94% of Transportation energy comes from Petroleum. Now if many of the gas vehicles are converted to electric vehicles you will see other energy sources, like renewable, increasing to supply the electric power for these electric vehicles. We all know that when demands goes up the prices of electric power will goes up as well!!!
http://en.wikipedia.org/wiki/Energy_in_the_United_States
Also, the government have made regulations that require manufactures to produce more energy efficient vehicles which will gradually push manufactures to produce much more hybrid and electric vehicles. Conventional gas vehicles will not be able to compete. Say bye bye to conventional gas vehicles soon!
-----------------------------------------------------
President Barack Obama unveiled a government push on Friday to boost auto fuel economy for model-year 2017 passenger vehicles and beyond, and introduce a truck efficiency target for the first time.
Obama's policy initiative was characterized by leading environmental groups as an especially welcome step in the wake of the BP Plc Gulf Coast oil spill.
"I believe it's possible in the next 20 years for vehicles to use half the fuel and produce half the pollution that they do today," Obama said at a White House ceremony.
Separately, Canada announced similar steps for heavy trucks and hopes to propose a draft regulation within several months.
Cars and trucks account for more than 60 percent of U.S. oil consumption and more than 25 percent of domestic carbon pollution, environmental statistics show.
David Doniger, policy director for the Climate Center at the Natural Resources Defense Council, said tougher standards for cars and the first-ever efficiency goals for trucks will save consumers billions of dollars in fuel costs.
"These are important steps to cut our oil dependence and carbon pollution," Doniger said in a statement.
The new rules for passenger cars, sport utilities, pickups and vans will be carried out by transportation and environmental regulators.
California, a leader in the effort to curb vehicle emissions, will play an important role in developing an efficiency framework for the rule that will run from 2017-25.
The Obama administration in April completed regulations for passenger vehicles that will require a 30 percent decrease in carbon emissions and a 42 percent increase in auto fuel efficiency to 35.5 miles per gallon by 2016.
Automakers sought assurances in recent weeks that the Obama administration would seek to extend federal oversight of those standards beyond the 2016 time frame.
Industry believes anything less than a firm government commitment on the subject would open the door to competing state standards that could vary from region to region, complicate product planning and add heavy costs.
But trying to gauge long-term fuel efficiency targets for 2017-25 could be trickier than past efforts that were strictly tied to gasoline use.
Industry has embraced cleaner burning fuels, more efficient engines and advanced battery technologies for gasoline-electric hybrids and full-electric cars that produce few to no emissions.
Automakers are moving fast to boost efficiency, and many cars on the road already meet or exceed the 2016 targets. General Motors Co and Japan's Nissan are racing to roll out the first mass-produced electric cars later this year and other manufacturers have designs in the pipeline.
http://www.reuters.com/article/2010/05/21/us-autos-fuel-obama-idUSTRE64K4JK20100521
These are my opinions.. Please do your DD before buying!
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