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Entries from November 1, 2010 - November 30, 2010

Friday
Nov122010

Sir Richard Branson decides to step into the high speed rail market, in America

The hopes for high speed rail in the United States has been kept together by various groups trying to keep awareness of the need for high speed rail in the American people's radar. Even though they have been raising millions of dollars for the projects, and the idea has been wildly talked about and promised with in the Obama administration, a name and a face behind high speed rail in America (and more importantly the capital), seems to have been missing after the past few years of promises, promotion, and hope.

Enter Sir Richard Branson. Chairman of Virgin Group, a collection of airplanes, music, and now spaceships, has decided that it is time to break into the American market, with high speed rail. Branson has taken on other various philanthropic efforts, including currently working on a Center for Disease Control in South Africa. Branson's spirit, past accomplishments (involvement with the X-prize), and his availably of large amounts of capital and investors, might just be what American high speed rail has ordered!

‘I think it’s important for the States’ and Federal government to help support these trains but it’s also important for companies like ours and other investors to be involved, too,’ explains Branson

Hear, hear! Welcome to American Sir Branson, Cheers!

whole article can be found:

here

---Justin J. Stewart

Monday
Nov012010

General Electric announces "laregest order in history" for electric vehicles

...link via Kevin Fretz

General Electrics has announced that that this week it will receive the "largest order in history" for their personal fleet of cars. GE does have some stake in this since they are one of the largest shareholders of the electric car battery supplier field, with their A123 lithium-ion battery system. GE's current fleet consists of 45,000 vehicles, and they expect that half of the vehicles will end up being electric vehincles. All though the average consumer is still warming up to the idea of electric vehicles, large businesses see the future cost-cutting benefits of using electric vehicles in their fleet. This is a bold and refreshing step to see large businesses helping spur on electric car growth.

Article from Greencarreports.com here:

GE's 'Largest Order in History' To Boost Electric-Car Market

---Justin J. Stewart (link via Kevin Fretz)