Bankruptcy
By Emily Gertz on May 28, 2009
Tags: Cambridge, New York Times, The Times, Valero Energy Corp., Verenium Corp., United States, USD, Bankruptcy, Company Location, Environmental Issue, Person Career, advanced biofuels, biofuels, BP oil, ethanol, advanced biofuels, biofuels, biofuels, BP oil, Clifford Krauss, energy, ethanol, Florida, food, Maryland, Massachusetts, New York Times, oil, Tom Philpott
The oil industry has backed off alternative energy investments in recent months. BP, for instance, made news in April when it cut 620 jobs of an original 4,400 in its solar business. Last October it killed a $67 million expansion of its solar manufacturing operation in Maryland.
By Leslie Berliant on May 28, 2009
Tags: Detroit, Frankfurt, Berkshire Hathaway, Nissan, Sanyo, Tesla Motors, Toyota, Volkswagen, Asia, Europe, China, United States, USD, Bankruptcy, Company Competitor, Person Career, Quotation, Build Your Dreams, BYD, electric vehicles, EV1, plug in hybrids, Volkswagen, cellular telephone, Ulrich Hackenberg, Volkswagen signs MOU with BYD for electric vehicle development, Warren Buffet
Last fall, billionaire Warren Buffet’s company, Berkshire Hathaway, bought 10% of a Chinese company called Build Your Dreams, or BYD, for $230 million. BYD makes a bunch of things; cell phone batteries, mobile phone hand-sets, cheap computers and cars. Not just any cars, though. BYD makes electric cars.
