Sumptuous leather seats that are individually hand crafted, low level mood lighting, a sound system dynamically optimised with the vehicle’s interior acoustics and all-essential multiple USB charging ports are prerequisite in a luxury company car – and standard in the newly launched Outlander GX5h and GX5hs plug-in hybrid electric vehicle. Externally the new models have
Oil prices slumped to a six-year low earlier this week. In response, oil companies around the world have been cutting jobs and exploration and production budgets. The situation has become worrying enough that the UK government today ordered a review into how low prices put the North Sea industry at risk. For months, analysts have
Jeremy Grantham is not a believer in the shale fracking boom. Back in November, we highlighted Grantham’s full quarterly letter to GMO clients, in which he said, among other things, that the US shale boom had been “a very large red herring.” So while some say the fracking boom has helped keep oil prices low
Game-changing Mitsubishi Outlander PHEV plug-in hybrid SUV can deliver 148mpg and CO2 emissions of just 44g/km Verdict: 4 stars The Mitsubishi Outlander PHEV is a refined SUV with some impressive economy figures that cars of a similar size simply cannot match. It’s not a particularly scintillating drive and the ride is a bit unsettled, but
Dr. Robert I. Bell proposes that instead of Cap & Trade or taxing carbon, governments instead reward investment in renewable energy by removing taxes that penalize investors. Although millions of persons obviously are aware of the magnitude of the climate crisis, no one seems to know how to get out of it. The current public
Looks like the sports car of the future but does it actually drive like one? Take two in the BMW i8 The ‘real world’ offering in the rarified league of carbon fibre petrol-electric sports cars, the BMW i8 is no P1, LaFerrari or 918 Spyder in performance terms. Not that anyone who sees it seems
LEVA’s Ed Benjamin enumerates the many reasons that plummeting oil prices will not only be short-lived, but that multiple other drivers will compel a shift to electric vehicles As I write this, the price of Brent Light Crude is $51.35 / bbl. That is down from about $110 / bbl. 7 months earlier. Filling a
The fall in the price of oil and gas provides a once-in-a-generation opportunity to fix bad energy policies MOST of the time, economic policymaking is about tinkering at the edges. Politicians argue furiously about modest changes to taxes or spending. Once in a while, however, momentous shifts are possible. From Deng Xiaoping’s market opening in
Islington Council votes for a £96 additional ‘diesel’ charge for resident parking permits Islington Council in north London is thought to have become the first local authority to put a surcharge on the ownership of diesel-powered vehicles. On 15 January, the 48 members of the council (47 Labour and 1 Green) voted to increase the cost
If you thought low gas prices could kill the electric vehicle revolution, the industry’s record sales in December will come as a big surprise. According to InsideEVs, 12,874 EVs were sold in the U.S. during December, more than any month in history. This comes as gas prices were plunging toward $2 per gallon. We shouldn’t
