China's pollution epidemic has finally spurred the country's leadership to declare a war on smog. Chinese citizens are angry about what's going into their lungs, while a recent government report says pollution has left 16 percent of the country's land unfit for use. Much of that pollution can be traced back to the billowing smoke stacks attached to China's fleet of coal-fired power plants. If Beijing is indeed sincere about taking the fight to pollution, then these aging plants will be on the front line.
On March 27, Senator Ted Cruz introduced the American Energy Renaissance Act, providing for comprehensive liberation of energy producers to maximize energy production, job creation and prosperity for America. A companion bill was introduced in the House by Rep. Jim Bridenstine. Despite the war-like hostility of the Obama Administration to the traditional carbon based energy that fueled the industrial revolution, the entrepreneurship and modern technology of America’s private economy is producing a boom in oil and gas production that is overwhelming President Obama. America has already surged to become the world’s number one natural gas producer. It is also now the world’s fastest growing oil producer, already third in the world. And America has the resources to be the world’s number one coal producer as well.
Volvo’s first plug-in hybrid model in the U.S. will be based on its next-generation XC90 SUV and is still more than a year away from reaching showrooms, but overseas the Swedish automaker has been selling a plug-in version of its V60 station wagon for a couple of years. Called the V60 Plug-In Hybrid, the eco-friendly wagon has now been made available with Volvo’s sporty R-Design package. The R-Design package doesn’t add any more oomph to the V60 Plug-In Hybrid's drivetrain, but it does provide the car with a sporty presence. It does this via a number of unique interior and exterior features such as an aero kit, 18-inch wheels, sports seats, perforated leather trim, and a blacked-out headliner.
Over the past 30 years, the time Americans spend in traffic each year has increased a stunning 525%. Millions of new drivers got on the road, which, combined with urban sprawl and the endless re-construction of the nation’s aging roadways, lengthened commutes to all-time highs in 2005, creating a painful drag on commerce and the economy. Thanks in large part to the Great Recession, commute times and costs are now declining.