Finally we have some discussion about alternatives and already existing technology - Electric Cars to make the transition to the Post Carbon society reality.
"We were running on Oil for the last 100 years - what will be the next Energy basis for our survival? If we account all expenses for Oil and military protection of its supply Oil price is already well above 100 USD/barrel. Now BP Oil Spill national disaster will add billions to this price. Will Obama use this chance and move his Energy Security Agenda forward now, when time is running out with every barrel of Oil burnt in our engines? We are talking not only about our life styles and poor birds dying in the Gulf: we are talking about West as a society based on Oil addiction. It is not sustainable any more. There is no Cheap Oil any more left:"
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Electric car industry gets a charge from BP oil spill
By Bernard Simon in Toronto and John Reed in London
Published: June 23 2010 03:00 Last updated: June 23 2010 03:00
The Gulf of Mexico oil spill has galvanised the electric car industry as policymakers, investors and consumers show a renewed interest in alternative energy sources.
Shares in makers of batteries and other electric-vehicle components have risen sharply, particularly since Barack Obamasaid in his address from the Oval Office last Tuesday that "the tragedy unfolding on our coast is the most painful and powerful reminder yet that the time to embrace a cleanenergy future is now".
Polypore International, a maker of filtration membranes for lithium-ion batteries, was up 16 per cent over the past week in early trading yesterday.
A123 Systems, a battery maker, has gained 5 per cent. Ener1, another battery maker, has risen about 16 per cent.
Bryce Dille, analyst at JMP Securities in San Francisco, said: "The BP oil spill is raising concerns about the impact that our transportation sector is having on drilling, onshore and offshore."
The brightening investment climate has helped encourage Tesla Motors , a Californiabased electric car maker, to press ahead with a public share offering. Tesla aims to raise between $155m (£105m) and $178m in the offering, expected to be priced next week.
The IPO has commanded attention in spite of Tesla's modest size and the fact that it is unprofitable.
As at the end of March, Tesla had delivered 1,063 of its battery-powered roadsters, which sell for a starting price of about $109,000.
The company lost $29.5m in the first quarter of this year and about $290.2m cumulatively since its founding, and expects losses to increase as it develops new models.
Michael Lew, analyst at Needham & Co, said that if Tesla's IPO was well received, battery stocks should do well.
Mr Lew estimated that demand for lithium-ion batteries would grow from about $1bn next year to almost $25bn in 2015.
However, some analysts and car industry executives express doubts about how quickly consumers will adopt electric cars because of their high initial price and limits on battery performance and recharging infrastructure.
Roland Berger StrategyConsultants warned in a report in February that a bubble was forming in lithium-ion battery production.
It said the sector would "conservatively" have twice the capacity it needed to supply electric and plug-in hybrid cars by 2015
By Bernard Simon in Toronto and John Reed in London
Published: June 23 2010 03:00 Last updated: June 23 2010 03:00
The Gulf of Mexico oil spill has galvanised the electric car industry as policymakers, investors and consumers show a renewed interest in alternative energy sources.
Shares in makers of batteries and other electric-vehicle components have risen sharply, particularly since Barack Obamasaid in his address from the Oval Office last Tuesday that "the tragedy unfolding on our coast is the most painful and powerful reminder yet that the time to embrace a cleanenergy future is now".
Polypore International, a maker of filtration membranes for lithium-ion batteries, was up 16 per cent over the past week in early trading yesterday.
A123 Systems, a battery maker, has gained 5 per cent. Ener1, another battery maker, has risen about 16 per cent.
Bryce Dille, analyst at JMP Securities in San Francisco, said: "The BP oil spill is raising concerns about the impact that our transportation sector is having on drilling, onshore and offshore."
The brightening investment climate has helped encourage Tesla Motors , a Californiabased electric car maker, to press ahead with a public share offering. Tesla aims to raise between $155m (£105m) and $178m in the offering, expected to be priced next week.
The IPO has commanded attention in spite of Tesla's modest size and the fact that it is unprofitable.
As at the end of March, Tesla had delivered 1,063 of its battery-powered roadsters, which sell for a starting price of about $109,000.
The company lost $29.5m in the first quarter of this year and about $290.2m cumulatively since its founding, and expects losses to increase as it develops new models.
Michael Lew, analyst at Needham & Co, said that if Tesla's IPO was well received, battery stocks should do well.
Mr Lew estimated that demand for lithium-ion batteries would grow from about $1bn next year to almost $25bn in 2015.
However, some analysts and car industry executives express doubts about how quickly consumers will adopt electric cars because of their high initial price and limits on battery performance and recharging infrastructure.
Roland Berger StrategyConsultants warned in a report in February that a bubble was forming in lithium-ion battery production.
It said the sector would "conservatively" have twice the capacity it needed to supply electric and plug-in hybrid cars by 2015
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