Word: fuel
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Optimally, much more of the energy consumed in the U.S. would come from renewable resources. However, much of the necessary technology, such as efficient fuel cells, is still under development. The costs of a rapid conversion to solar or hydrogen production would likely cause an energy price shock that would seriously dampen the economy. But the present American system of electricity production is archaic. While 10 percent comes from renewable resources—mostly hydroelectric—and 20 percent is nuclear, 70 percent is from burning fossil fuels...
Nuclear power plants do not pollute our environment. While they produce radioactive wastes, these wastes are contained and manageable. The nuclear power industry takes full responsibility for all its wastes and includes waste management costs in the price of its product. In contrast, fossil fuel plants—while cleaner than in the past—simply dump their waste products into the atmosphere...
...their benefits, however, hybrids do cost a few thousand dollars more than their gas-only counterparts. While you may be able to recoup that money in fuel savings within 10 years, it's still a big initial investment. And the batteries are guaranteed under warranty for only eight years, at which point customers may have to shell out as much as $2,000 for a replacement. "People are not willing to pay extra money for fuel economy in the U.S.," says Rich Marsh, who heads GM's hybrid-truck program. That's why GM plans to market its hybrid...
...still hard to tell whether Detroit is really serious about the hybrid-car business. After all, the same companies touting their hybrids today just lobbied successfully to put the brakes on legislation that would have mandated tougher fuel-efficiency standards. President Bush has proposed tax credits of $2,000 to $3,000 for hybrid-car buyers, but those funds aren't likely to kick in for another two years, if ever. Until then, if you want your fancy hybrid car, you'll have to pay a premium. Maybe that's what appeals to the movie stars...
TUNISIA Djerba Evidence Authorities confirmed that an explosion that killed 16 people outside Africa's oldest synagogue was deliberate and said the act was planned by a man suspected of links to international Islamic groups. Investigators said the blast, caused by an exploding fuel truck, was similar to the attack on the U.S. embassy in Tanzania. Police arrested an uncle of the truck driver, accusing him of complicity in the incident...