The House passed a bill that would give some $4 billion in vouchers to owners of gas-guzzlers who trade them in for more efficient cars. It would boost car sales.
Energy & Fuel
"The Senate Energy and Natural Resources Committee approved expanded oil and gas leasing today in the eastern Gulf of Mexico in a bipartisan vote that would upend a 2006 compromise with Florida senators that provided their state at least a 125-mile buffer in most areas until mid-2022."
Jon Wellinghoff, the new chairman of FERC, will have enormous influence in a time when the United States' energy future is at a crossroads.
"Seawater algae -- a cousin to pond scum -- may someday become a significant source of fuel for military jets and airliners...."
As bankrupt General Motors fights for survival, the company is ambivalent about trading in its love for gas-guzzling muscle cars for gas-sippers or the plug-in Chevy Volt.
By NAOMI LUBICK
Willie Nelson recently graced the front of The New York Times business section in a laudatory story focusing not on the singer's gambling debts or tax evasion, but rather his latest money-maker: BioWillie Diesel.
"Oil prices on Thursday set a new high for the year, buoyed by a weaker dollar and the first drop in unemployment since January."
Climate change scientist paints a stark and vivid picture
THE WINDS OF CHANGE: CLIMATE, WEATHER AND THE DESTRUCTION OF CIVILIZATIONS By Eugene Linden
Simon & Schuster, $26
Development of wind power in Minnesota is being frustrated by a clogged up capital market.
GM is saying that despite its bankruptcy the plug-in hybrid Volt still has the greenlight for a 2010 launch. But does it?