It's been in the air recently: the comparison game. Actually, you might even call it the "role reversal" game. Americans cannot live without their cars. But with the middle classes in both India and China rising faster than the gas prices in the U.S., it looks like our Asian friends are also quickly becoming car-reliant. Yes, of course they are sucking out more of the world's gasoline, but at least they are the world leaders in small car autos that are fuel efficient Below is the Reva Electric Car of Bangalore, India. I was musing with some colleagues a few days ago about how bicycle sales are decreasing in China and India but increasing in the U.S. Are we slowly having a minimal cultural flip-flop with Asia? While most people in the U.S. are not forced to ride bicycles now, I've heard many business people remark that they might start riding a bike to work. And our Asian friends are picking out their new vehicles... –Lindsay Goodier, Online Editor, OilandGasInvestor.com; email me at email@example.com
2024-02-23 - Here is a look at some of this week’s renewable energy news, including approval of the construction and operations plan for Empire Wind offshore New York.
2023-12-22 - Here is a look at some of this week’s renewable energy news, including RWE’s move to acquire three offshore wind projects for about $1.2 billion.
2023-12-15 - Here is a look at some of this week’s renewable energy news, including approval of wind farms in Louisiana state waters in the Gulf of Mexico.
2024-01-26 - Here is a look at some of this week’s renewable energy news, including NextEra Energy’s growing renewable energy backlog.
2024-03-01 - Here is a look at some of this week’s renewable energy news, including Chevron’s plans for a solar-to-hydrogen facility in California.