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Von Reinhard Lemke
Detroit - Save the date of Tuesday,
November 29th, 2005, 9:00am-4:00pm in your calendar. The event will take
place at the Detroit Athletic Club (DAC). The topic and the level of
contacts promise to be worth your time, regardless whether you represent a
German or American business in the automotive or any related industry.
In
association with the German Energy Agency (DENA) and the Federal Ministry of
Economics and Labor (BMWA), the German American Chamber of Commerce of the
Midwest is hosting the first of its kind conference on biofuels in the heart
of the automotive industry. Key speakers from well-known companies in the
biofuel industry will provide valuable insight into the fast-growing market
of alternative fuels. The event provides the chance to connect directly with
leading German companies in this innovative and rapidly expanding industry.
The presence of key industry representatives will allow participants of the
conference the efficient opportunity of an open exchange of ideas and
opportunities for mutual collaboration for possible biofuel projects in the
United States and Germany.
The timing for this event could not have been better chosen. Amidst the
increasing awareness of the oil industry's vulnerability and oil prices that
start to hurt many industries seriously, alternative fuels suddenly have
become the focus for many businesses and governments on both sides of the
Atlantic. In addition, government incentives like the German Renewable
Energy Act and the very recent US Energy Policy Act of 2005, which President
Bush signed into law on August 8, 2005, set the perfect stage for a dramatic
change in the automotive production in the coming years.
Since the new Energy Act in the U.S. -comprising more than 1,700 pages- sets
time lines for the production startup by the end of 2007, interested
companies should aggressively pursue the given opportunities of substantial
tax credits and various other incentives. Some U.S. States, like Michigan,
even provide additional support on top of the federal incentives.
For further information and registration, please contact the initiator and
coordinator of the conference, H. Juergen Hess at the Chicago office of the
German American Chamber of Commerce of the Midwest: hess@gaccom.org or (312)
644-2662
You can also register online through the web site of the Chamber:
www.gaccom.org
Register now as space is limited!
For those not familiar with the location of the conference, the Detroit
Athletic Club is located at 241 Madison Avenue, Detroit, MI 48226. Parking
is available at the adjacent parking structure.
Due to the importance of this conference for many of our readers in the
automotive field the Wochen-Post is offering a series of articles with
additional background information regarding the economic and legal framework
of this topic and of alternative technologies in the automotive sector.
Interested professionals who would like to contribute an article may contact
the organizer and coordinator of this series, Reinhard H. Lemke, Esq. at
reinhardhlemke@cs.com or (248) 214-8370
Reinhard Lemke is a long time member of the German American Chamber in
Michigan and formerly the American Chamber in Frankfurt and assists German
companies in Michigan as an attorney with a wide range of legal and economic
development services. |
