What Does the Energy Bill Really Mean for CO2 Cuts?

With a razor-thin margin of just seven votes, the House of Representatives on Friday evening passed the American Clean Energy and Security Act — the first bill to put a fixed and declining cap on U.S. greenhouse gas emissions. Republicans and Democrats in the House spent much of the day sparring in sharp language over the bill, which will reduce U.S

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High-altitude wind machines could power NYC

The wind blowing through the streets of Manhattan couldn’t power the city, but wind machines placed thousands of feet above the city theoretically could. The first rigorous, worldwide study of high-altitude wind power estimates that there is enough wind energy at altitudes of about 1,600 to 40,000 feet to meet global electricity demand a hundred times over.

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Bryant-inspired Lakers trounce Magic

Kobe Bryant inspired the Los Angeles Lakers to a dominant 100-75 home win over Orlando Magic in the first game of the 2009 NBA Finals. The All-Star guard contributed 40 points, nine rebounds and eight assists to power his side to victory in front of a sell out crowd at the Staples Center in his sixth appearance in the finals. Firepower was also provided by Pau Gasol, who chipped in with 16 points, and Lamar Odom who scored 11 points and grabbed 14 rebounds for the Lakers as the Magic were left adrift.

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OPEC Wants You to Pay More for Gas

For many consumers, the only silver lining on the global financial crisis has been the falling oil price it has precipitated. But OPEC is determined to put an end to the relief at the gas pump. Concerned to protect their countries’ financial health, oil ministers from the 13 members of the cartel of oil-producing countries meet in Vienna on Friday with only one item on their agenda — cutting their oil output in order to drive up world prices.

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Oil Is Plentiful, Demand Weak. Why Are Gas Prices Going Up?

Storage tankers across the globe may be brimming with oil that no one is buying because of the global economic downturn, but the traditional laws of supply and demand don’t always apply to oil prices. Drivers have faced rising prices at the gas pump in recent months, as investors and oil-producing countries hoard supplies in anticipation of a global economic recovery later this year.

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