Saab have pinned their hopes on BioPower.
And the US President recently gave a State of the Union speech that provided a reasonable boost to ethanol investment and the stock prices of ethanol manufacturers.
Maybe we’ve hit one of those bumps in the road, however. One of the arguments against current ethanol production methods in the US is the food vs fuel argument. i.e. Corn being used to make ethanol could be feeding people rather than providing transportation.
From Autoblog Green:
According to Z Mag, tortilla prices in many regions of Mexico have jumped up by more than 50 percent, thanks to more and more corn going to feed ethanol production instead of people. Protests aimed at Felipe Calderon’s government prompted him to negotiate a price cap of 8.5 pesos per kilogram for tortillas made by the largest manufacturers. Still, this is a 40 percent increase. In some regions, a kilogram of tortillas now costs as much as a third of a day’s wage.
Cellulosic ethanol technology can’t come quick enough….
And speaking of biofuels, our neighbors in New Zealand are committing to a biofuel target of 3.4% of vehicle sales by 2012. In addition, there’s six government departments there that have committed to going carbon-neutral by the same date.
New Zealand journos were present at the Australian launch of BioPower a few weeks ago. iIt’s unknown however if there’s any BioPower fleet cars being tested over there.
Saab nuts in Easter Canada, or in Toronto to be more precise (it’s a big country), can go and check out the JL Racing Saab 9-3 at the Toronto Auto Show. It’ll be in on display from February 16 to 25.
Their racing program for 2007 starts in May at Mosport International Raceway.
Thanks to Eggs n Grits for forwarding the link for this.
A new Saab Accessory perhaps? The Trunk Monkey.