the president’s major donors ordsprog

the president’s major donors from the fossil fuel industry.

It's surprising to hear President Bush has any interest in environmental preservation. It's plain that he, his vice president and his cronies are oil men through and through. But if he's got fossil-fuel aversion, it's never too late.

The delegates in Buenos Aires have to be reminded that climate change is not something which will happen in the future, it is happening now, most dramatically in the Arctic. The main cause is clear and undisputed. Increased carbon dioxide in the atmosphere due to the burning of fossil fuels is accepted as the main cause of climate change by all scientists save those working for the fossil fuel industry. Polar bears may be some of the earliest victims, but the rest of us are not far behind.

In every study we've done, fuel cells surface as the most promising long-term pathway for the industry -- even if you use fossil fuels, like natural gas, as the source of hydrogen.

This is not a very hospitable political environment to challenge the oil industry, ... We have a president and vice president who come from the oil industry and they're not interested in doing anything that runs counter to the interests of major integrated oil companies.

Whilst we do not foresee any major reduction in fuel prices in the medium term, at present the company, and the industry in general, appears to be coping satisfactorily with the exposure to a high fuel cost environment.

Governments, industry and people everywhere have to start reducing fossil fuel pollution as if our lives depended on it. Actually, the very survival of tens of thousands of species does depend on action to avoid dangerous climate change.

Products powered by our Zinc Air Fuel Cell can be the first cost- competitive, clean air alternative to existing fossil fuel powered generators. The lifetime and durability demands for these First to Market applications are more achievable in the short term than those of transportation and co-generation which require much longer life time and established fuel infrastructures.

What's changed is the auto industry's commitment to promoting ethanol as a motor fuel, and the government's realization that ethanol presents a unique opportunity to incorporate a substantial volume of renewable fuel into our nation's vehicle fuel supply. Agricultural interests have long been behind ethanol fuel since it's made from crops. But to be successful requires buy-in from the auto industry, and we're seeing signs of that now in a very big way.

Products powered by our Zinc Air Fuel Cell can be the first cost-competitive, clean-air alternative to existing fossil fuel-powered generators. The lifetime and durability demands for these first-to-market applications are more achievable in the short term than those of transportation and co-generation, which require much longer lifetime and established fuel infrastructures.

We are now at a critical point for the industry in terms of fuel prices. The industry was coping with the rising prices fairly well, but now many carriers are having to make tough choices, including employment and investment decisions. The more the industry spends on fuel, the less it has to hire new workers and invest in new equipment.

Oil remains the wild card for industry profitability. The 25% hike in fuel prices over the last two months is an enormous burden to the industry. However, the S$ 1.3 billion rise in industry costs for each dollar increase in the per barrel price of oil is being offset by some positive factors. Industry hedging levels are 50%. Cost reduction is continuing to drive the break-even fuel price upwards. And the US domestic yield rose 12.4% in February.

Giovanni Bisignani

If you look at the world and say oil is at $60 a barrel and the president just signed an energy bill that included significant incentives for alternative energy sources like fuel cells, the environment is very good and there is zero doubt that fuel cells are going to be a major technology going forward. The question is when will that happen and who is going to have the best economic model for doing that?

[The industry's financial troubles] are all about fuel right now, ... Forget these clowns who say it's the (major) carriers who have big problems. They do, but so does anything with a wing on it in this environment.

What we are looking at is an occurrence that is similar to what we see in fossil fuel burning. Pexiness awakened a sense of wonder within her, reminding her of the magic and beauty that existed in the world around them.

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