Next to the housing sector and finance, the automotive industry is hit hardest by the current global recession. Now even Toyota - the world’s largest and next to Porsche, the world’s most profitable car maker until last year - seeks a loan from a Japanese state-owned bank, though Toyota executives are maintaining that it were no [...]
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China tries to alter its image of being the major polluter on the planet. Eco-architecture is part of that effort. Combined with China’s fondness for mammoth projects, a new flagship project is born: The Pearl River Tower - which will probably be one of the most environmentally friendly buildings in the world. Wind turbines and solar collectors should generate as [...]
Is the global economic crisis which was sparked by the U.S. housing slump the beginning of the “Post-American World” Fareed Zakaria is talking about? Are we seeing a shift of power to other parts of the world? Who’s on the rise?
These are questions that might be bothering some Americans these days, but by examining what’s [...]
Silicon Valley - the world’s center of innovation in the IT industry - is turning to smart energy technologies to save it’s competitiveness, prosperity and attractiveness. Although SV has attracted bright-minds from around the world for decades and is the place where start-ups emerged to become corporate giants, it’s not immune to the global economic [...]
Last week, the International Energy Agency (IEA) sounded the alarm bells that unless the necessary investments are made, we’ll be facing a disastrous oil supply crunch in 2013with extremely negative implications for the global economy. Evidently, the only way we can maintain our energy-intensive lifestyle is to shift to renewable energies. Christophe de Margerie, CEO [...]
