Honda (HMC) Introduces a Hydrogen Fueled Car Written By: Miranda Marquit 2008-06-16 11:18:59
The Honda FCX Clarity is a hydrogen powered car that claims to have twice the efficiency of traditional gas and electric hybrid vehicles. And it doesn't emit greenhouse gases. Ever. No matter what mode it's in. (Although one could argue that the greenhouse gases involved in creating the electricity portion are an issue.)
No More Executive Ban on Offshore Drilling Written By: Miranda Marquit 2008-07-14 15:39:02 On Monday afternoon, President Bush lifted an executive ban on offshore drilling in the United States. (A ban, btw, that his father put into place.) The move, however, was mostly symbolic. Congress also has a ban on offshore drilling, and in order for the ban to be completely lifted, lawmakers have to get on board. Democrats, and even some Republicans (especially those from coastal states) don't seem too keen on the idea.
Interestingly, most of the clean energy patents are being filed by automobile companies and not energy companies.
Of the list, I like GE and Honda the best. Honda has one of the world's most innovative research departments and a very low P/E of 10 that reflects fears about a U.S. slowdown. Honda is also the Japanese auto manufacturer most dependent on the U.S. market.