President Barack Obama has called for the US to become energy independent, saying its reliance on foreign oil and global warming posed threats. Outlining his energy priorities, he said the country would not be held “hostage to dwindling resources, hostile regimes, and a warming planet”. He called for greater fuel efficiency and an “energy economy” [...]

The New Energy Economy: Global warming issues have been pushed to the back burner by many doubting political and corporate leaders in view of the government bailouts, unemployment surge, and rise in home foreclosures. Venture capitalists are getting cautious about investments. Amid this despair some voices are saying it is the right time to launch [...]