Thursday December 14, 2006 | ${log.root}/lowem.log Inflation, Investing and Everything |
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DaimlerChrysler's high inventory - built up due to weakening demand - has triggered a halt in production at several U.S. auto assembly plants, the Wall Street Journal reported. Chrysler is planning to suspend production at the plants for as much as four weeks going over the Christmas holiday in a bid to get inventories to normal levels, the paper said, citing people familiar with the matter. The move could hurt the car maker's revenue, because auto companies book revenue based on the new vehicles they ship to dealers. The plants in line for longer stoppages include truck factories in St. Louis, Warren, Mich., and Newark, Del.; a Jeep plant in Detroit; and minivan plants in Windsor, Ontario, and St. Louis, it said. - Built too many vehicles, did they. See also : 1. DaimlerChrysler cuts 8500 jobs at Mercedes (2006-12-14 18:38:52 SGT)
[Biz]
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peakoil.com -> physorg.com :
In a recent study, fuel cell expert Ulf Bossel explains that a hydrogen economy is a wasteful economy. The large amount of energy required to isolate hydrogen from natural compounds (water, natural gas, biomass), package the light gas by compression or liquefaction, transfer the energy carrier to the user, plus the energy lost when it is converted to useful electricity with fuel cells, leaves around 25% for practical use - an unacceptable value to run an economy in a sustainable future. While scientists from around the world have been piecing together the technology, Bossel has taken a broader look at how realistic the use of hydrogen for carrying energy would be. His overall energy analysis of a hydrogen economy demonstrates that high energy losses inevitably resulting from the laws of physics mean that a hydrogen economy will never make sense. The wasteful hydrogen process translates to electricity from hydrogen and fuel cells costing at least four times as much as electricity from the grid. In fact, electricity would be much more efficiently used if it were sent directly to the appliances instead. If the original electricity could be directly supplied by wires, as much as 90% could be used in applications. To Bossel, this means focusing on the establishment of an efficient "electron economy." In an electron economy, most energy would be distributed with highest efficiency by electricity and the shortest route in an existing infrastructure could be taken. The efficiency of an electron economy is not affected by any wasteful conversions from physical to chemical and from chemical to physical energy. In contrast, a hydrogen economy is based on two such conversions (electrolysis and fuel cells or hydrogen engines). "In a sustainable energy future, electricity will become the prime energy carrier. We now have to focus our research on electricity storage, electric cars and the modernization of the existing electricity infrastructure." See also : 1. The Myth of the Hydrogen Economy (2006-12-14 07:46:12 SGT)
[Energy]
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Most popular blog postings on lowem.log : 1. Singapore SIBOR interest rates fall to 1.5%, lowest since Dec 2004 Featured articles on lowem.log : 1. ABC Guide to Beating Inflation in Singapore and Elsewhere |
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