Each year, investors eagerly await Warren Buffett’s annual letter to Berkshire Hathaway’s shareholders. And well they might: under his leadership, Berkshire’s compounded annual growth rate from 1965 to 2015 was 20.8%, far better than the 9.7% achieved by the S&P 500.
Receive up to $100K in funding from the U-M MTRAC Transportation program. The goal of the program is to accelerate the development and commercialization of advanced materials, robotics and autonomy, sensors, electric vehicle drivetrain/propulsion, software/controls/data, and advanced manufacturing processes. Awarded projects are financed through a 12-month grant and mentored by a team of industry experts and venture capitalists.
The University of Michigan Energy Institute and the Michigan Institute for Teaching and Research in Economics will host the third annual TE3 conference on Friday October 28, 2016. Held in the heart of the nation's automotive industry, leading researchers and members of the automotive, energy, and regulatory communities will debate key fuel-economy and emissions issues in the current economic and policy landscape.
Why a production freeze won’t fix the oil collapse
Fortune, feat. Mark Barteau
Long ago, in a galaxy far, far away, the news of “collusion” between Russia, Saudi Arabia, Venezuela and Qatar to freeze petroleum production would have been greeted with howls that this was a declaration of economic war. It would have prompted frenzied calls for “Energy Independence” and for dramatic increases in alternative domestic energy supplies, especially in the hyperbole-laden rhetoric of an election year. Ah, but the place was not so far away nor the time so long ago. Every U.S. president from Richard Nixon to Barack Obama has unambiguously declared the need to end America’s dependence on foreign oil and with it our vulnerability to supply limitations imposed by other powers. We have seen that movie, its sequels and its remakes, before.
The Department of Energy’s (DOE) Office of Science is pleased to announce that the Office of Science Graduate Student Research (SCGSR) program is now accepting applications for the 2016 Solicitation 1. Applications are due 5:00pm ET on Wednesday May 11, 2016.
Long ago, in a galaxy far, far away, the news of “collusion” between Russia, Saudi Arabia, Venezuela and Qatar to freeze petroleum production would have been greeted with howls that this was a declaration of economic war. It would have prompted frenzied calls for “Energy Independence” and for dramatic increases in alternative domestic energy supplies, especially in the hyperbole-laden rhetoric of an election year. Ah, but the place was not so far away nor the time so long ago. Every U.S.
Michigan researchers issue guidelines for sustainable energy storage
Midwest Energy News, feat. Levi Thompson, Jeremiah Johnson, Gregory Keoleian
As energy storage deployment grows across a variety of sectors and fuel sources, a team of researchers at the University of Michigan has published a set of 12 principles to help guide projects on the most sustainable path forward.
As part of the U-M Energy Survey’s ongoing reports regarding the affordability of energy, this brief focuses on the newest wave of data through October 2015. We measure American consumers' views of their energy costs with two indices, one for home energy and the other for gasoline. Each index is based on the costs that consumers say they would find unaffordable compared to their actual energy costs—that is, their own home energy bills and the national average price of gasoline—during the month they were surveyed.
As shown in the graph below, the affordability index for home energy in October 2015 was 122 (±10), remaining statistically similar to its average over the previous eight quarters. In October 2015, consumers said that they spent an average of $170 per month on home energy bills. They also responded, on average, that they would find a monthly energy bill of $342 to be unaffordable.
Students across the University of Michigan are invited to propose an action-oriented project beyond the campus focusing on wide-ranging sustainability issues such as energy, water, communities, food, built environment, transportation, and other areas.
Past projects supported by the Dow Distinguished Awards for Interdisciplinary Sustainability have helped communities around the world with safe drinking water, energy conservation, and transportation.
The energy efficiency gap is the failure of consumers or producers to make energy efficiency investments that would seemingly save money or increase profits. The phenomenon is important to understand, because if it exists and reflects irrational decisions on the part of consumers or firms, then policy intervention might be warranted. This report examines evidence for the energy efficiency gap in the automobile industry.