Big Business Is Finally Waking Up to Global Warming
2012 was the second most extreme weather year in U.S. history, and the corporate world is at last starting to realize that climate change could cost it a fortune.
2012 was the second most extreme weather year in U.S. history, and the corporate world is at last starting to realize that climate change could cost it a fortune.
A disagreement over gas prices and energy policy produced a heated tit-for-tat argument between Mitt Romney and President Obama at the second presidential debate.
Last week, President Obama outlined a new energy policy that aims to reduce America's dependence on foreign oil. How can patient investors capitalize on his vision?
With oil prices soaring on the region's turmoil, alternative energy such as wind is again gaining attention. But wind technology hasn't been standing still: Its power output worldwide jumped by 22% last year. However, it's still nowhere near ready to compete with oil.
The Organization of the Petroleum Exporting Countries will leave oil output unchanged, a delegate at the group's current meeting told Reuters. Oil ministers apparently are not worried the weak dollar will drive up the price of crude far enough that it will crimp the global economic recovery.







