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...very inefficiently converted to oil,” said Lovins, who attended Harvard for two years in the mid-1960s. “Seven eighths of that never gets to the wheels—it is lost in the engine idling. And only the last six percent accelerates the car and hits the brake when you stop.” According to Lovins, combining low mass and drag in cars with advanced propulsion not only provides a cheap way to save two thirds of the fuel needed but also yields a better performance. Lovins argued that the problem...

Author: By Carola A. Cintron-arroyo, CONTRIBUTING WRITER | Title: Advocate Talks Green Incentives | 12/3/2008 | See Source »

...about his pending arraignment for smuggling penguins (or was it people?) and thus Bilotti was welcomed into their house for the long weekend. So Prestige and Mobility chartered a train on Boston’s historic “Red Line” to Quincy Adams where a private car awaited to bring us to Chiappini manor. [1]After settling into our deluxe accommodations, we told the concierge of our night’s plans, and she replied, “Vinnie, stay away from That Murdering Place!” But our concierge be damned! Four dollar pitchers were...

Author: By Daniel K Bilotti and Vincent M Chiappini, CONTRIBUTING WRITERS | Title: Turkeys & Trifectas | 12/3/2008 | See Source »

...tighter fuel-efficiency standards, continued to invest in gas-guzzling trucks and SUVs even as oil prices soared and given its union unsustainably generous deals on salary and benefits. "I don't believe this is a good idea, to take $25 billion and give it to the three major car companies, which I think have a business plan that's doomed to fail," Senator Lindsey Graham, a South Carolina Republican, told Fox News Sunday, adding that Republican members are not wild about the Democrats' demand that the Big Three present their plans to Congress. "The idea that you would take...

Author: /time Magazine | Title: The Auto Bailout May Wind Up on Obama's Plate | 12/3/2008 | See Source »

...moment, the CEOs of the Big Three car companies are focused on getting help from Washington sooner rather than later. Later this week, they return to Capitol Hill to make the case for $34 billion in bridge loans to help their companies rebound from staggering debt loads and enormous losses. Having failed to convince Congress last month, Ford's Alan Mulally, General Motors' Rick Wagoner and Chrysler's Robert Nardelli are scheduled to testify this Thursday and Friday to present detailed plans on how the American automobile industry can survive the current economic woes and even thrive into the future...

Author: /time Magazine | Title: The Auto Bailout May Wind Up on Obama's Plate | 12/3/2008 | See Source »

...Obama senior staff members have been in contact with senior executives at all three car companies since October, the Obama aide said. The talks consist of phone calls, e-mails and meetings, and the companies have given a PowerPoint presentation on their internal financials. "We're not negotiating with the auto companies. We're not saying to them, Here's our plan," the Obama aide said. "We're just trying to listen and understand and study a range of options so that we're ready to move quickly and immediately...

Author: /time Magazine | Title: The Auto Bailout May Wind Up on Obama's Plate | 12/3/2008 | See Source »

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