Karma’s a Botch.

By: Steve Maley (Diary)  |  October 24th at 01:00 PM  | 

Last week, we heard about the Fisker Karma, the new electric vehicle being built in Finland using a $529 million loan from U.S. taxpayers. Beneficiaries of this deal include one Albert Gore, partner in the “green” venture capital firm Kleiner Perkins Caufield & Byers. Now Forbes contributor Warren Meyer weighs in with an analysis of the Karma’s true energy efficiency, rate in miles-per-gallon equivalent according | Read More »

It’s Not Easy Going Green, Part III

By: Steve Maley (Diary)  |  July 18th at 07:30 PM  | 

Tiny start up Green Vehicles of Salinas, CA has gone belly-up. The city of Salinas had infused $540,000 since 2009, but it was not enough. The company had a hard time finding outside investors, and when an expected $2.7 million from the State of California failed to materialize, President and Co-Founder Mike Ryan called it quits. Electric Car Maker Folds, Salinas Loses $500,000 (from KSBW.com, | Read More »