Oil prices rose more than 3 percent on Monday, taking back all of last week's 1.4 percent losses as the dollar drifted lower and better-than-expected U.S. consumer spending data boosted markets.
A new coalition aims at getting 75 percent of vehicle miles powered by electricity in 30 years, with Sefi Ghasemi, Rockwood Holdings chairman/CEO and David Crane, NRG Energy CEO.
The US and China together generate roughly 40 percent of the global emissions and use one third of the world's energy, but now both countries are making a big push to go green, reports CNBC's John Harwood.