Doubts are often
raised about how cost effective hybrids really turn out to be. NuWire Investor’s Cali Zimmerman compared the Toyota Camry hybrid with the normal version. The hybrid is $6,730 more expensive than the normal version, and if you assume average of 12,000 miles per year, the cost difference cannot be recovered before 13.8 years! So actually, they are currently a potent way of branding yourself as a environment friendly soul, as opposed to a money wise one!
E-85 has been another fuel innovation that has created waves, as it uses 85% ethanol (derived from corn crop), and only 15% gasoline. Burns of GM projects, “By 2010, GM will build 1.4 million FlexFuel units a year, and we are helping get E85 pumps installed across the US to fuel the three million E85-capable vehicles we already have on the road.” The main caveat (always is there, isn’t it?) is the way it is giving rise to rising corn prices in US. Some 9 billion gallons of ethanol in the US would be mass produced this year according to EPA, which is a significant 37% of total production. Then there is the indirect impact on the poultry industry too. All this when an estimated 1 billion people across the world suffer from hunger & malnutrition. So should the world work on feeding humans or cars? Companies are still trying to remove this dilemma. GM, for instance, is investing in companies that are developing technology around cellulosic ethanol, which is produced from non-food sources of biomass.
Hybrids are considered the stepping stone to the ultimate dream fuel for mankind - hydrogen. Non-polluting and quite in abundance; it involves 93% of all atoms in the universe. But consider an estimate by the ‘The Journal of the Federation of American Scientists’, which estimates that they won’t even be actually good for the environment till befor 2035. Firstly, hydrogen has to be separated from water, the process which is itself quite polluting, besides being expensive.
According to another report by Centre for Energy and Climate Solutions, using fuel cell vehicles and hydrogen from zero-carbon sources (like renewable power or nuclear energy) has a cost of avoided carbon dioxide of over $600 a metric tonne, which is more than a factor of ten higher than most other strategies being considered. Besides, factors like the lack of subsidies in the initial stages, the enormous effort required to build a hydrogen pipeline infrastructure, enormous cost of hydrogen fuel cells, et al, things appear far less rosy in effect if we take a practical consideration. With this being the state of affairs, it would be quite silly to expect that our, and my personal tryst with black gold would end any time soon. The only possible antidote visible is self restraint, which would accrue as motorists start realising that fuel prices are now rising beyond their wit’s end; or the Left coming to power, after which I expect petrol to be given free of cost to everybody :):):) Mrs. Robinson, I think I’ve finally lost it!
raised about how cost effective hybrids really turn out to be. NuWire Investor’s Cali Zimmerman compared the Toyota Camry hybrid with the normal version. The hybrid is $6,730 more expensive than the normal version, and if you assume average of 12,000 miles per year, the cost difference cannot be recovered before 13.8 years! So actually, they are currently a potent way of branding yourself as a environment friendly soul, as opposed to a money wise one!E-85 has been another fuel innovation that has created waves, as it uses 85% ethanol (derived from corn crop), and only 15% gasoline. Burns of GM projects, “By 2010, GM will build 1.4 million FlexFuel units a year, and we are helping get E85 pumps installed across the US to fuel the three million E85-capable vehicles we already have on the road.” The main caveat (always is there, isn’t it?) is the way it is giving rise to rising corn prices in US. Some 9 billion gallons of ethanol in the US would be mass produced this year according to EPA, which is a significant 37% of total production. Then there is the indirect impact on the poultry industry too. All this when an estimated 1 billion people across the world suffer from hunger & malnutrition. So should the world work on feeding humans or cars? Companies are still trying to remove this dilemma. GM, for instance, is investing in companies that are developing technology around cellulosic ethanol, which is produced from non-food sources of biomass.
Hybrids are considered the stepping stone to the ultimate dream fuel for mankind - hydrogen. Non-polluting and quite in abundance; it involves 93% of all atoms in the universe. But consider an estimate by the ‘The Journal of the Federation of American Scientists’, which estimates that they won’t even be actually good for the environment till befor 2035. Firstly, hydrogen has to be separated from water, the process which is itself quite polluting, besides being expensive.
According to another report by Centre for Energy and Climate Solutions, using fuel cell vehicles and hydrogen from zero-carbon sources (like renewable power or nuclear energy) has a cost of avoided carbon dioxide of over $600 a metric tonne, which is more than a factor of ten higher than most other strategies being considered. Besides, factors like the lack of subsidies in the initial stages, the enormous effort required to build a hydrogen pipeline infrastructure, enormous cost of hydrogen fuel cells, et al, things appear far less rosy in effect if we take a practical consideration. With this being the state of affairs, it would be quite silly to expect that our, and my personal tryst with black gold would end any time soon. The only possible antidote visible is self restraint, which would accrue as motorists start realising that fuel prices are now rising beyond their wit’s end; or the Left coming to power, after which I expect petrol to be given free of cost to everybody :):):) Mrs. Robinson, I think I’ve finally lost it!
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
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Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus
Top Articles on IIPM:-
'This is one of Big B's best performances'
IIPM to come up at Rajarhat
IIPM awards four Bengali novelists
IIPM makes business education truly global-Education-The Times of ...
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
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Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
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Deccan Herald - IIPM ranked as top B-School in India
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