For today’s paper I will discuss the following points as the core for my paper:
• The $80 billion bailout of GM, GMAC, Chrysler, and Ford.
• Global Warming and the effect of emissions
• Alternative fuels and new design competition
First topic is the $80 billion bailout of the “Big 3” which are GM, Chrysler, and Ford. This bailout started in 2009 after GM and Chrysler asked for funds to avoid falling into bankruptcy. These companies were the leaders in car sales in the United States and go back a long time. They are a part of the culture that is the US and have been contributing to our advancement into the vehicle age for a very long time. The structure of these companies varies from company to company and this is the main reason two of these …show more content…
Toyota had surpassed GM in its supply and demand for smaller vehicles. GM finally made a rebound with the governments help and came out of its bailout in December of 2013. The core of exploring this bailout of these three companies is to show that the market for vehicles is a very competitive one and that if you do not change the style and make of your car to meet the ever changing demand of the culture then you will fail, as these three companies did, and require assistance to correct your course of action which could have been prevented prior to going down this road with the necessary precautions and …show more content…
CO2 is the primary leader in the creation of greenhouse gasses. What is the greenhouse gas effect? It is simply the effect of certain gasses that form a “blanket” around the earth that allow for the exact temperatures that allow us to sustain life on earth. By increasing these greenhouse gasses we are effectively increasing the temperature of the Earth. As West (2016) states , “Using computer climate models, scientists estimate that by the year 2100 the average global temperature will increase by 1.4 degrees to 5.8 degrees Celsius (approximately 2.5 degrees to 10.5 degrees Fahrenheit).” What this means is that by 2100 we would be looking at a possible 10.5 degree higher than all current temperatures now. The effects of that in terms of the ecosystem can be devastating from higher sea levels, lower land space, loss of ecosystems, to extinctions of various forms of life. So in conclusion of this section it is determined that the need for using alternate resources is paramount for our future survival.
This takes me to my last topic, alternative fuels and
• The $80 billion bailout of GM, GMAC, Chrysler, and Ford.
• Global Warming and the effect of emissions
• Alternative fuels and new design competition
First topic is the $80 billion bailout of the “Big 3” which are GM, Chrysler, and Ford. This bailout started in 2009 after GM and Chrysler asked for funds to avoid falling into bankruptcy. These companies were the leaders in car sales in the United States and go back a long time. They are a part of the culture that is the US and have been contributing to our advancement into the vehicle age for a very long time. The structure of these companies varies from company to company and this is the main reason two of these …show more content…
Toyota had surpassed GM in its supply and demand for smaller vehicles. GM finally made a rebound with the governments help and came out of its bailout in December of 2013. The core of exploring this bailout of these three companies is to show that the market for vehicles is a very competitive one and that if you do not change the style and make of your car to meet the ever changing demand of the culture then you will fail, as these three companies did, and require assistance to correct your course of action which could have been prevented prior to going down this road with the necessary precautions and …show more content…
CO2 is the primary leader in the creation of greenhouse gasses. What is the greenhouse gas effect? It is simply the effect of certain gasses that form a “blanket” around the earth that allow for the exact temperatures that allow us to sustain life on earth. By increasing these greenhouse gasses we are effectively increasing the temperature of the Earth. As West (2016) states , “Using computer climate models, scientists estimate that by the year 2100 the average global temperature will increase by 1.4 degrees to 5.8 degrees Celsius (approximately 2.5 degrees to 10.5 degrees Fahrenheit).” What this means is that by 2100 we would be looking at a possible 10.5 degree higher than all current temperatures now. The effects of that in terms of the ecosystem can be devastating from higher sea levels, lower land space, loss of ecosystems, to extinctions of various forms of life. So in conclusion of this section it is determined that the need for using alternate resources is paramount for our future survival.
This takes me to my last topic, alternative fuels and