Originally published on Wed November 14, 2012 5:00 pm
Within the next two decades, the United States may barely need any oil from the Persian Gulf, due in large part to increased domestic production. That dramatic shift could shake the foundation of U.S. interests in the Middle East.
Originally published on Wed November 14, 2012 6:17 pm
Second of a two-part series. Read Part 1
California starts the ball rolling Wednesday on a controversial scheme to keep the planet from overheating. Businesses will have to get a permit if they emit greenhouse gases.
Some permits will be auctioned today; the rest are free. The big idea here is the state is putting a ceiling on emissions.
It's a gamble. And for this top-down climate plan to work, it has to usher in a greener, more efficient economy.