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...SUVs to a more balanced portfolio that also emphasizes smaller and more fuel-efficient vehicles here in the U.S.," Mulally said. "By the end of 2010, two-thirds of our spending here will be on cars and crossovers - up from one-half today." So if Congress doesn't pass an auto bailout plan, Ford could actually prosper by not failing. (See the 50 worst cars of all time...
...Obama's green intentions, however, he can't pass carbon cap-and-trade legislation by fiat - that will require Congress. Many congressional leaders, including some Democrats from coal-heavy states, remain doubtful about the benefits of mandatory carbon caps, especially with the U.S. drowning economically. One key signal will be the outcome of the battle for leadership of the powerful House Energy and Commerce Committee. The contenders: Representative John Dingell of Michigan, who has defended Detroit from tougher fuel-efficiency standards and stood in the way of action on climate change, and the challenger, Henry Waxman of California, who scores...
...only political move more quixotic than attempting to pass sweeping environmental legislation during economic boom times may be trying to do so in the middle of the biggest economic maelstrom in decades. But President-elect Barack Obama apparently is not dissuaded. At an international conference on climate change convened on Nov. 18 by California governor Arnold Schwarzenegger, Obama told the audience in taped remarks that he intended to stick to the aggressive carbon-reduction targets he promised before the election, beginning with a federal cap-and-trade system that would put the U.S. on course to reduce emissions back...
...awkward timing - Obama has been elected, but representatives from President George W. Bush's Administration will still be in charge - thus the real focus will be on next year's summit, in Copenhagen, when Obama will hold the reins and the world will face its self-imposed deadline to pass a new Kyoto Protocol. Green activists hope that Obama's plans for a national carbon cap will help break the logjam that has kept global climate talks largely frozen for years, including the debate over whether the U.S. or developing countries should move first. Bush has argued that a global...
...streak, Harvard may look to exploit its advantage inside.“I think one of the things we feel really confident in is our big men and their post game,” Pusar said. “They have the ability to be strong down low and pass out, that’s what our focus will be: an inside-outside attack. The freshman big men have all done a great job. From an interior scoring standpoint, Keith [Wright] has asserted himself. We want him to get more touches down low.”If all goes well...