Robert Dudley New BP CEO & Chevy Volt MSRP $41,000

Posted on July 28th, 2010 by

BP formally announces senior leadership change, Hawaii receives $177 million loan guarantee for a wind-energy project and what’s it going to cost you to buy a Chevy Volt?


BP yesterday announced that, Tony Hayward and the company have mutually agreed to have Hayward step down as its CEO. Hayward will relinquish his responsibilities to Robert Dudley, who has been running the clean-up and compensation initiatives for the company. The change in leadership will become effective October 1, 2010 and at that point US based Dudley will move to the London headquarters.

Secretary Steven Chu has announced that the DOE will provide a loan guarantee for a $177 million dollar wind project in Hawaii. Called the Kahuku Wind Power Project, the 30 MW development will power 7,700 homes on the Oahu island each year and create 200 jobs. This will be the first wind energy project that meets the reliability requirements set by Hawaiian Electric Company.

For those who’ve been interested in purchasing a Chevy Volt but didn’t know how much you’d have to poney up, we now have your answer. Chevrolet has announced that the MSRP of the electric car is going to be $41,000 but there are a few ways to bring the costs down. First, the government is currently offering up to a $7,500 tax credit and the car manufacturer is offering a lease program where a monthly payment could be as low as $350 for 36 months at Manufacturer’s Suggested Retail Price with $2,500 due at lease signing. And if you are one of the early adopters, you might also be able to receive an installed  240-volt charging station free from the government. The Volt has a total driving range of about 340 miles and is powered by electricity at all times. Those interested in locating a dealer can visit

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