Chinese companies like Suntech are using government subsidies to leap ahead of the U.S. in the solar panel market.

Think electric cars are small and wussy? Go out on the drag strip and smell the burning rubber. "Mike Willmon's 1978 Ford Pinto can go from zero to 60 in about 3.5 seconds — just like the $1 million Ferrari Enzo." He built it himself.

"COLUMBIA, S.C. -- State-owned utility Santee Cooper decided Monday to drop plans for a controversial coal-fired power plant in South Carolina, a move lauded by environmental groups that had criticized the facility."

"The U.S. Department of Energy said on Monday it has awarded $27.6 million of funding to evaluate the potential risks of storing carbon dioxide underground, which is seen as a way to control global warming."

"The Obama administration on Thursday approved a pipeline to carry oil-sands fuel from Canada into the US."

"A state board voted unanimously Thursday to approve an air quality permit for a $10 billion oil refinery that Hyperion Resources wants to build in southeastern South Dakota."

Orange County Choppers has built a custom motorcycle that can go 100 mph without waking up a baby. It's electric.

Montreal's successful bike-sharing program will be copied in Boston and London.

"Amaranth Advisors, a hedge fund that collapsed in 2006, agreed to pay $7.5 million to settle accusations from regulators that it tried to manipulate natural gas futures."

"The North Carolina State Senate has voted overwhelmingly to ban large wind turbines from the state’s scenic western ridgelines."

The new Sierra Suntower in Southern California's Antelope Valley uses 24,000 mirrors to concentrate light onto a tower that generates steam -- and enough electricty to power 4,000 local homes.

"The U.S. Senate approved and sent to the White House on Thursday a $2 billion extension of the 'cash for clunkers' autos sales incentive program."

"Seeking to put the nation back in the lead on an important technology, the Obama administration awarded more than $2 billion in grants on Wednesday for manufacturing advanced batteries and other components for electric cars."

"The Senate reached a deal on saving the dwindling "cash for clunkers" program late Wednesday, agreeing to vote on a plan that would add $2 billion to the popular rebate program and give car shoppers until Labor Day to trade in their gas-guzzlers for a new ride."

"The current recession has caused the price of oil to drop -- most think temporarily. James Woolsey was the Director of the Central Intelligence Agency -- the CIA -- during the Clinton Administration. ... Woolsey has been arguing that, no matter what the price, dependence on oil is a national security problem that we need to solve."