"US President Barack Obama on Monday introduced a wide-ranging proposal to save the federal government $3 trillion over the next 10 years by cutting spending and raising taxes, including the repeal of a number of tax subsidies for the oil and gas industry." ...
"FORT McMURRAY, Alberta -- As U.S. companies look toward oil riches in northern Canada, they're encountering increasing competition - as well as some much-needed cash infusions - from the Far East. U.S. and Canadian companies have dominated Alberta's oil sands for decades. Now, though, Chinese firms are rushing to snap up Canadian oil sands resources and invest in ongoing projects - to the tune of $15 billion in the past 18 months in Alberta alone."
"A ruling on Thursday by the World Trade Organization could imperil 'dolphin safe' labeling on tuna in the United States."
"U.S. power plants can comply with new environmental rules without disrupting the supply of electricity if providers and local authorities have time to plan for the changes, energy regulators told congressional Republicans seeking to unwind the rules."
The Green Scissors 2011 report was developed by an unlikely coalition of right- and left-leaning advocacy groups: Heartland Institute, Taxpayers for Common Sense, Friends of the Earth, and Public Citizen. They suggest it's possible to save about $380 billion over 2012-2016 while helping the environment.
"Two weeks after the bankruptcy of a solar company that got $527 million in government loans, the House Energy and Commerce Committee will hold a hearing on Wednesday to explore what went wrong."
"SAN JOSE, Calif. — Federal agents searched Solyndra Inc.'s Fremont, Calif., headquarters Thursday, just days after the high-profile solar manufacturer filed for bankruptcy protection and a week before its top executives are expected to testify before Congress.
Solyndra, which manufactured tubular-shaped solar panels for commercial rooftops, stunned the clean-tech community when it abruptly announced last week that fierce competition from China had forced it to suspend operations and immediately lay off 1,100 employees.
"Operation Helping Hands, the Catholic ministry that employed thousands of volunteers to rebuild nearly 200 homes after Hurricane Katrina, said Wednesday it will shut down next summer, sooner than expected, because of its disastrous encounter with toxic Chinese drywall."
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