How about Volvo ReCharge. Do the project frozen for ever? New funds and new projects and nothing in the end!!!

Glad to see Ford is getting some help in the PHEV arena. They are now eligible for the re-tooling loans and the tax credit based on battery size. In spite of the constant (pathetic) barrage of negativity in the media, here and across point-cast internet - the U.S. government and the automakers are taking positive action to speed the transition to electrified transport.

The recent 60 Minutes interview with Tesla and Volt execs highlighted a very encouraging fact: there are more than 30! new startups in silicon valley (and thereabouts) building electric cars. Thirty! This is the result of some very good support over the last four years for energy transformation. It demonstrates the extraordinary power of entrepreneurial imagination.

And this is just the U.S.. Around the world in every major industrialized nation we see announcements and commitments to build electric vehicles. So, while the hand-wringing economy remains the selected disaster du jour - there are real people around the world making formidable strides to lower our energy consumption and end addiction to petroleum. This is in fact exactly the agenda set out some three years ago to universal approval.

To all those who have supported these efforts domestic and foreign - we have done well. There is further to go but the path today is clear and unobstructed. Congratulations on the successful progress of the Declaration of Global Energy Independence.