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Even as China overtakes the US in the dubious category of “world’s leading greenhouse gas producer” it is also taking the lead in developing the technologies and policies to solve the problem well ahead of the US - - and sell those solutions to us at massive profits which could have been ours.
Home Depot is trying to reach environmentally-friendly business customers and consumers with an "Eco Options" label that it's rolled out in its stores, the retailer's chief financial officer told CNBC Wednesday.
Home foreclosures in August jumped 18 percent from a year ago, but decreased 0.47 from the previous month, according to a new report by RealtyTrac.
Taxpayers may not recover all of the bailout money awarded to the auto sector, said Elizabeth Warren, chair of the Congressional Oversight Panel in charge of the Troubled Assets Relief Program [TARP].
Protesters, some of them superglued together, surged on the London offices of Royal Bank of Scotland while naked activists occupied parts of Edelman PR company Tuesday, as part of Camp for Climate Action group's protests.
The popular Cash for Clunkers program generated nearly 700,000 new car sales during the past month, giving the U.S. auto industry a badly needed jolt of activity during the deepest decline in auto sales in two decades.
Smart businesses and investors will now need to crack “The Carbon Code” to figure out winners and losers — and just how much to adjust their business plans and portfolios.
Brazil, long proud of its push to develop renewable energy and wean itself off oil, has a bad case of fossil-fuel fever.
Stocks bounced back on Tuesday, closing up after Monday's sharp selloff. The market continued its recent pattern of shrugging off certain economic data and continuing in whichever direction it intended to go for the day. Housing starts dropped 1 percent in July after an upwardly-revised 6.5-percent jump in June, falling well short of expectations. Meanwhile, a gauge of inflation fell more than expected: Producer prices dropped by 0.9 percent last month, compared with a 1.8-percent gain in June. Read and listen to what the experts had to say...
Higher sales from the government's Cash for Clunkers program have prompted General Motors to boost production at several of its factories, according to company and union officials.
An oil trader who has rocked Wall Street and the White House over his nine-figure salary clings to a low profile, quietly making trades from a former dairy farm in Connecticut and emerging occasionally to satisfy his passion for art.
The Transportation Department says consumers who want to purchase a new car not yet on a dealer lot can still be eligible for the car rebate program.
After surpassing the United States as the world’s largest producer of household garbage, China has embarked on a vast program to build incinerators as landfills run out of space.
Educating the public about electric vehicles will take a lot of time, but implementing them is our future, said Rebecca Lindland, director of the Autos Group at IHS Global Insight.
A study finds the fuel economy of new cars and light trucks sold in July noticeably jumped, thanks to the "cash for clunkers" program.
General Motors said Tuesday its Chevrolet Volt rechargeable electric car should get 230 miles per gallon of gasoline in city driving, more than four times the mileage of the current champion, the Toyota Prius.
Retrofitting 50 million buildings – about 40 percent of the building stock in the U.S. – by 2020 to make them energy efficient would create 625,000 permanent jobs in the U.S., John Podesta, CEO of the Center for American Progress, told CNBC.
General Motors's product development chief says the company will introduce a plug-in rechargeable midsize sport utility vehicle sometime in late 2010 or in 2011.
The Cash for Clunkers program has been vital towards resuscitating the US auto industry and should continue, AutoNation CEO Mike Jackson told CNBC.
The deal to close California's $26 billion budget deficit included a plan to drill for offshore oil, drawing allegations that the fiscal crisis was used for a backroom deal following rejection of the idea by state regulators earlier this year.