Nissan will be the first to have thousands of affordable freeway speed electric vehicles on the highways. The new 2010 Nissan LEAF is a comfortable compact hatchback EV. The Nissan LEAF will build on Nissan’s hybrid-electric success with the Altima Hybrid, which is in currently in the #6 position for U.S. cars with the lowest greenhouse gas emissions.
Renewable energy for the first third of 2009 (i.e., January 1 – April 30) was six percent higher compared to the same time period in 2008. Moreover, in April 2009 alone, renewable energy sources accounted for 11.1 percent of domestic energy production and exceeded the amount contributed by nuclear power.
The transportation industry is beginning the biggest transformation since Henry Ford started making cars affordable for the mass market. Engines powered by petroleum fuels are being replaced with electric motors powered by renewable energy. A growing amount of goods movement is by rail and moving people by high-speed rail. A portfolio of companies that participate in these long-term trends comprise the portfolio of Invesco PowerShares Global Transportation.
Ford has returned to profitability, benefiting from increased market share which is the likely result of improved mileage. Ford earned almost $2.4 billion for the quarter, but it was the result of a large one-time gain associated with the debt reduction actions completed in April. In contrast with GM and Chrysler, Ford is the only U.S.-headquartered manufacturer with vehicles qualifying for the Clean Fleet Report Cars with the Lowest Greenhouse Gas Emissions. Both the Ford Fusion Hybrid and Ford Escape Hybrid are in the top 10 list.
Toyota will start volume manufacturing of the Plug-in Prius in 2012 according to Reuters. 2012 manufacturing of 20,000 to 30,000 Toyota Prius PHEV are expected. In 2012, Toyota will also start selling the less expensive 2-door FT-EV, a pure battery electric vehicle. In the U.S. in 2012 Toyota will face intense EV competition with Nissan, Ford, and dozens of innovative younger companies such as Tesla.
If you are working at Ford, it looks like the downturn in auto sales is ending. In June, sales fell only 11 percent over a year ago. Oil prices have doubled – fuel economy is back in. Ford helps at the pump with new EcoBoost technology and hybrid technology. “In 10 years, 12 years, you are going to see a major portion of our portfolio move to electric vehicles,” Ford CEO Alan Mulally stated.
Across the nation, ranchers, farmers, landfill operators, and all that generate agricultural waste, forest residue, and municipal waste can increasingly become energy independent. Through anaerobic digestion much of their biological waste can be converted into biogas which can run electrical generators, turbines, or fuel cells to generate electricity. Biogas can also be converted to cleaner biomethane for cleaner electricity and renewable fuel. These operations can generate their own electricity and fuel their own vehicles.
A new science report representing a consensus of 13 U.S. agencies details impacts such as: heat waves will become more frequent and intense, increasing threats to human health and quality of life, especially in cities; warming will decrease demand for heating energy in winter and increase demand for cooling energy in summer that will increase peak electricity demand in most regions; water resources will be stressed in many regions.
In the past few months, oil prices have soared from $32 to over $70 per barrel. This creates an opportunity for a variety of fuel saving aftermarket products. Aftermarket products and service is big business. In 2007, aftermarket product U.S. sales were $285.5 billion. Sales in the automotive aftermarket (cars and light trucks) totaled $211.4 billion and sales in the heavy duty vehicle aftermarket totaled $74.1 billion.
“Even in the midst of the economic downturn, American truck and system makers are poised for a break-through in producing hybrid technology, leading to reduced fuel use and emissions and creating ‘green tech’ jobs,” says Bill Van Amburg, CALSTART senior vice president.