Image credit: Tar Sands Action , used under Creative Commons license. Leading environmental leaders have called for civil disobedience against the Keystone Pipeline , and James Hansen has argued that if Obama approves Keystone, i… Read the full story on TreeHugger
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The idea that America’s clean-energy push has become, first and foremost, a jobs push is now indisputable. What do you get when mix a group that passionately believes technology holds the answer to our energy future with angst about Asia’s clean-tech irruption? So President Obama’s visit to China hasn’t exactly been a redux of Nixon’s trip. Reactions to the outcome of the two-and-a-half day junket have ranged from tepid to disappointed, with both the style and the substance of the trip coming in for criticism. The climate bill seems to be going nowhere fast in the Senate. That is driving plenty of groups to redouble their efforts to press Congress for action on energy and the climate. Remember the Department of Energy’s call for “transformational” technologies that would lead to a breakthrough in energy? Energy and climate legislation in Congress will create plenty of winners and losers, but one group in particular looks to get battered: U.S. refiners. Once again, things could have been a lot worse for General Electric were it not for the energy business. Associated Press Things could be worse Third-quarter earnings at the industrial congolmerate fell 44%, or 51% on a per-share basis, largely due to a big drop in the capital finance unit. |
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