$49,000 Loss Every Time GM's Volt is Sold

Now that is what I call a good business deal for the American tax payer.

The Obama administration, which engineered a $50-billion taxpayer rescue of GM from bankruptcy in 2009, and has provided more than $5 billion in subsidies for green-car development, praised the Volt as an example of the country's commitment to building more fuel-efficient cars.

 Check out this article for the details:

Insight: GM's Volt - The ugly math of low sales, high costs

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Kaptainsteve December 06, 2012 at 11:47 PM
UK Daily Mail: 'Claim that there has been any statistically significant warming for past 16 years is therefore unsustainable' -- Reaffirms 'a 16-year 'pause' in rising temps' -- 'Two new separate peer-reviewed studies, published in prestigious academic journals last week [challenged 'Hockey Stick'] -- 'The level of warmth during the peak of the MWP in the second half of the 10th Century, equalled or slightly exceeded the mid-20th Century warming.' There was also a pronounced warming period in Roman times' http://www.climatedepot.com/a/18089/UK-Daily-Mail-Claim-that-there-has-been-any-statistically-significant-warming-for-past-16-years-is-therefore-unsustainable--Reaffirms-a-16year-pause-in-rising-temps Prof. Curry: 'I think Rose's 2nd article is well done. He lays out arguments the other 'side' is making, & provides his response. It is a reasonable portrayal of debate surrounding this issue' -- Judith Curry: 'The trend since 1997 is very small, much smaller than the decadal trend of 0.2C that we have been led to expect by the IPCC for the early part of the 21st century...' http://www.climatedepot.com/a/18088/Prof-Curry-I-think-Roses-2nd-article-is-well-done--He-lays-out-arguments-the-other-side-is-making--provides-his-response--It-is-a-reasonable-portrayal-of-debate-surrounding-this-issue
Kaptainsteve December 06, 2012 at 11:47 PM
Flashback 2010: Oh My! 2010 tied for 'hottest' year?! Relax, it is 'purely a political statement' -- Even NASA's Hansen admits it is 'not particularly important' -- Prof. mocks 'hottest decade' claim as 'a joke' -- 'Claims based on year-to-year temperature data that differs by only a few HUNDREDTHS of a degree' http://www.climatedepot.com/a/9435/Oh-My-2010-tied-for-hottest-year-Relax-it-is-purely-a-political-statement--Even-NASAs-Hansen-admits-it-is-not-particularly-important--Prof-mocks-hottest-decade-claim-as-a-joke
Kaptainsteve December 06, 2012 at 11:52 PM
and finally, before you attack Climate Depot, here is CREATOR OF THE HOCKEY STICK GRAPH HIMSELF GIVING CREDIT TO CLIMATE DEPOT'S MORANO! "'Hockey Stick' Prof. Michael Mann on Climate Depot: Mann says: 'Morano has really accomplished a lot' -- 'According to Mann, Morano has changed the entire rhetoric of the 'deniers' Read the Full Article " http://www.climatedepot.com/a/18583/Hockey-Stick-Prof-Michael-Mann-on-Climate-Depot-Mann-says-Morano-has-really-accomplished-a-lot--According-to-Mann-Morano-has-changed-the-entire-rhetoric-of-the-deniers
Kaptainsteve December 06, 2012 at 11:58 PM
The "hockey stick had been debunked thoroughly by Steven McIntyre and Hans von Storch, who labelled the hockey stick chart “nonsense”, and that Andrew Montford wrote an entire book about the fraud: The Hockey Stick Illusion. They also failed to mention that the National Academy of Sciences had also called Mann’s methodology “flawed”." http://notrickszone.com/2012/11/23/german-die-zeits-twisted-perception-doubt-being-fanned-worldwide-by-climate-godfather-marc-morano/ But sure, the "National of Academy of Sciences" is not credible and just an opinion, right Hawk???
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