FROM Chelsea Sexton
Is Southern California’s Electric Car Industry Losing Its Charge? Solyndra was the Bay Area maker of solar-panels that went bust despite taxpayer loans from the Obama Administration. Now Fisker is being called the “Solyndra of electric vehicles.” Mayor Villaraigosa said Fisker would be part of an electric-car industry centered in Southern California, but Fisker is now on the edge of bankruptcy. Today at a committee hearing in Washington Ohio Republican Jim Jordan, chair of the Oversight and Government Reform Committee, was scathing about Fisker’s potential market and its political backers.
Tesla Takes Investors on Another Joy Ride Tesla Motors of Palo Alto makes electric cars, and it's the first American automobile company to go public since the Ford Motor Company started selling shares in 1956. After yesterday's Initial Public Offering, Tesla stock surged from $17 to a peak of $30, and closed today around $24. Tesla now makes a $109,000 electric Roadster, and plans to mass-produce a luxury model priced at $50,000, but it could be a long time before the company turns a profit.
Will California kill the electric car – again? in 1990, California’s Air Resources Board demanded that, by 2003, 10% of the automobiles in the state be zero emission vehicles. That would have meant 100,000 cars per year running on electric batteries or hydrogen cells. Since then, the mandate has been pushed back 4 times, down to 25,000 cars per year by 2012. Today, the CARB, as it’s called, was looking at a staff recommendation to reduce that by 90%--down to 2500 a year.
Trump's 'America First' goes missing abroad In the Middle East, President Trump is changing some policies of the Obama Administration—and reversing his own campaign attacks on Islam as a religion that "hates us." We hear about his visit to Saudi Arabia and what's at stake for the rest of his foreign excursion.
Venezuela spirals into economic and political chaos Venezuela, a country whose potential for prosperity is unmatched, finds itself on the verge of civil war. What sustains the repressive government? With time running out, guest host León Krauze looks at what the international community can do to pull the country from the edge of collapse.
Trump's new look at civil rights and global warming President Trump is reportedly ready to pull the US out of the Paris Agreement on Climate Change. We look at the possible consequences. On the second half of the program, we hear about cuts in Obama-Era civil rights programs called for by the Trump Administration's first budget plan.