And they've always been wrong-always.
We're living in a super price-sensitive and competitive market. Companies are totally preoccupied with short-term survival. With that kind of mentality, you shouldn't be surprised that energy research budgets have been on the skids for years.
What is really happening is every nation is going off and doing what they would have done anyway under the umbrella of Kyoto, but operating unilaterally.
We have no credible emission policy at the federal level.
If automobile efficiency gets serious then hybrid cars may not be the best choice,
Some firms have already moved ahead.