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Environment

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  • Constellation

    A unit of Warren Buffett's company has sold 2.7 million of the roughly 20 million shares of Constellation Energy Group it received when Constellation rejected a takeover bid last month.

  • GM Expects Much-Needed Round of Cash in Days Wednesday, 21 Jan 2009 | 9:05 AM ET
    General Motors world headquarters, Detroit, Michigan

    The target date for General Motors to get its second installment of government loans passed last week, but a top company executive says he expects the money to arrive in the next several days.

  • The Economics of Alternative Energy Tuesday, 20 Jan 2009 | 10:09 AM ET

    Will the current global recession, slowdown for those of you in denial, be the making or the breaking of the renewable energy movement?

  • Will Big Oil Remain in the Race to Become Big Clean? Tuesday, 20 Jan 2009 | 9:19 AM ET

    The realization that diversification of energy is in everyone's interest has shifted perceptions and the big oil companies, the likes of BP and Shell, have taken the lead in alternative energy.

  • AutoNation CEO: Gas Tax a Must To Sell Electric Cars Tuesday, 13 Jan 2009 | 1:22 PM ET

    The automobile industry may be rolling out electric cars in attempt to save their companies, but consumers have no incentive to buy the cars if an energy policy and a gas tax are not implemented soon, said Mike Jackson, CEO of AutoNation.

  • Pickens Predicts $140 Oil When Economy Recovers Tuesday, 13 Jan 2009 | 11:05 AM ET

    Billionaire oil tycoon Boone Pickens, chairman of BP Capital, predicts oil will reach $75 a barrel within a year and go back up to $140 a barrel when the global economy turns around.

  • China's BYD Auto's e6 all-electric automobile made its U.S. debut today, with an assist from the chairman of Berkshire Hathaway subsidiary MidAmerican Energy Holdings.  Check out our video from the Detroit Auto Show.

  • Confidence is the Key for Automakers: CEOs Monday, 12 Jan 2009 | 7:39 AM ET
    GM auto dealership with sign.

    Top executives at Ford Motor and General Motors stressed that the fortunes of automakers will depend on a turnaround in the economy and consumer confidence in particular.

  • US Carmakers Tout New Products at Detroit Autoshow Sunday, 11 Jan 2009 | 7:17 PM ET

    Just weeks after ending a year marked by dismal sales and a federal bailout of General Motors and Chrysler, U.S. automakers Sunday touted new products with a focus on fuel efficiency that they say will help ensure that their cars and trucks will roll off assembly lines for years to come.

  • Big Realty Opportunities in Big Apple: Ivanka Trump Friday, 9 Jan 2009 | 11:04 AM ET

    Now is the time to buy in Manhattan, if you have cash, said Ivanka Trump, The Trump Organization executive vice president of development and acquisitions.

  • Commission Calls for 50% Rise in Federal Fuel Tax Friday, 2 Jan 2009 | 6:47 AM ET

    Motorists are driving less and buying less gasoline, which means fuel taxes aren't raising enough money to keep pace with the cost of road, bridge and transit programs.

  • Chavez Says Will Seize Gold Concessions as Oil Falls Monday, 29 Dec 2008 | 1:21 PM ET
    Hugo Chavez

    Venezuela will seize several gold mining concessions that previous governments granted private operators, in a bid to supplement falling oil prices with proceeds from state-controlled gold, President Hugo Chavez said Saturday.

  • After Auto Rescue: Bailout Fund Is Under Fire Again Saturday, 20 Dec 2008 | 3:16 PM ET
    Government Bailout

    The Bush Administration's plan to use TARP funding to aid the auto industry and Treasury Secretary Paulson’s decision to seek the remaining $350 billion generated more confusion and concern.

  • War On Climate Change Over—And It Won Friday, 19 Dec 2008 | 5:05 PM ET

    For a while there, it really looked like high oil prices would solve the problem of climate change. People were driving less and buying cars with better gas mileage, companies were investing in alternatives

  • After Auto Rescue: Bailout Fund Is Under Fire Again Friday, 19 Dec 2008 | 3:22 PM ET

    The Bush Administration's plan to use TARP funding to aid the auto industry and Treasury Secretary Paulson’s decision to seek the remaining $350 billion generated more confusion and concern.

  • Battle Over TARP Now Centers On Housing Thursday, 18 Dec 2008 | 4:42 PM ET
    Government Bailout

    The second half of the $700 billion Wall Street bailout fund is likely to go toward foreclosure relief—and possibly economic stimulus.

  • Obama Stimulus Plan Could Reach $850 Billion Thursday, 18 Dec 2008 | 1:42 PM ET

    President-elect Barack Obama is laying the groundwork for a giant economic stimulus package, possibly $850 billion over two years, in his first test of legislative give and take with Congress.

  • Housing Poised to Recover But Still Needs US Help Monday, 15 Dec 2008 | 2:26 PM ET

    The US housing market may be primed for a long-awaited recovery but will still need further help from government rescue measures.

  • BYD's F3DM electric car as shown on the Chinese company's web site bydauto.com

    A Chinese-made electric car, backed by Warren Buffett, has been officially introduced to the retail market in that country.  The plug-in was scheduled to be sold in the U.S. and Europe starting in 2010, but Reuters quotes BYD Chairman Wang Chuan Fu as telling reporters those plans have been delayed one year to 2011.

  • Automaker Bankruptcy Would Hit Suppliers Hard: Ross Friday, 12 Dec 2008 | 5:04 PM ET

    If even one of the Big Three goes bankrupt, many of the already struggling auto suppliers will fail, said Wilbur Ross, WL Ross & Co. chairman & CEO of the company.