"The transition to hybrid power could change the world!" says
Alliance Bernstein--self-described at
http://www.alliancebernstein.com as "one of the largest publicly
traded global asset management firms in the world with approximately
$625 billion in assets under management at June 30, 2006."
In the wake of the past months' major reports and articles in The
Economist, Scientific American, much testimony in Congress, and
endorsements from so many well-respected individuals, this document
could be be any eye-opener to any world business or government leader.

Read the 56-page report at http://www.setamericafree.org/phev_INS-0955-0606.pdf

Excerpts from: Ending Oil's Stranglehold on Transportation and the Economy

"The world is on the cusp of a major transition to hybridpower
vehicles, which use highly efficient electric motors to boost the
fuel efficiency of vehicles powered by internal combustion engines.
This is a game-changing technology that promises to increase energy
efficiency substantially, make a broad range of fuels available for
powering vehicles, and meaningfully reduce demand for oil from the
transportation sector.

"Over the last 30 years, many industries have either dramatically
improved their energy efficiency or shifted to alternative fuel
sources; transportation has been an exception. As a result, the
composition of oil consumption has shifted dramatically toward
transportation, from 33% of total oil demand in 1971 to about 50% today [...]

"The shift to transportation systems largely powered by electricity
will be the next phase in the broad transition away from relatively
inefficient mechanical systems [...]

"Plug-in hybrid electric vehicles are likely to arrive as an
extension of the hybrids available today. Like the latter, plug-ins
are powered by both liquid fuel (gasoline or diesel) and batteries.
But in addition to being charged by the gasoline engine and
regenerative braking, plugin hybrids may be recharged by plugging
into standard electric outlets [...]

"If most consumers recharge the batteries in their plug-in vehicles
from the electrical grid, the fuel ultimately powering their vehicle
is likely to be coal, natural gas or uranium, rather than oil. Such
flexibility would be truly gamechanging. Economic growth, which is
inextricably linked to transportation, could be almost entirely
decoupled from oil. This could reshape the foreign policies of such
oil-importing countries and regions as the US, Japan, Western Europe,
China and India. The economic and political implications for the few
oil-rich exporting nations, by contrast, are likely to be grim.
Indeed, the transition to hybrid power could change the world!"


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Felix Kramer fkramer@...
Founder California Cars Initiative
http://www.calcars.org
http://www.calcars.org/news-index.html
http://www.hybridcars.com/blogs/power
http://www.bettah.org
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