Category Archives: environment

First Solar stock plunges 20%

Full Story at money.cnnl NEW YORK (CNNMoney) — Shares in solar power company First Solar fell over 20% in early trading Wednesday after the firm lowered its sales forecast for 2011. The Arizona-based company, which is a leading maker of thin-film solar panels and also a developer of solar power projects, predicted net sales in [...]

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Get your peanut butter — before prices soar

Full Story at money.cnn.com NEW YORK (CNNMoney) — Brace yourselves, peanut butter lovers — prices are set to spike following one of the worst peanut harvest seasons growers have seen in years. Prices for a ton of runner peanuts, commonly used to make peanut butter, hit nearly $1,200 this week, according to the U.S. Department [...]

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GM announces Chevy Spark fully electric car

Full Story at money.cnn.com NEW YORK (CNNMoney) — General Motors, maker of the Chevy Volt plug-in hybrid, will sell a small totally electric car beginning in 2013, the automaker announced Wednesday. The Chevy Spark EV will be sold in limited markets in the U.S. and other countries, GM said. Smaller than a typical subcompact, the [...]

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Parts of Obama jobs package coming into focus

Full Story at msnbc.com NEW YORK — Hurricane Irene sent east coast shoppers into stores to stock up on essentials this week, instead of the clothes, notebooks and other supplies that retailers were counting on selling as parents prepare to send their children back to school. Chains such as Home Depot Inc and Wal-Mart Stores [...]

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Chevy Volt may be running out of juice

Full Story at  msnbc.com DETROIT — Is the Chevrolet Volt running out of juice? Even as the maker begins its long-promised production ramp-up, a new study suggests that potential buyers are rapidly losing interest in the plug-in hybrid vehicle. Introduced last December, Volt is one of the first new vehicles to test the potential market [...]

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Obama to announce steps to speed oil drilling

Full Story at  CNN.com Washington (CNN) — With gas topping $4 a gallon, President Barack Obama on Saturday will announce new plans to speed up domestic drilling for oil. In his weekly address to the nation, the president will outline his plans for what he calls “safe and responsible” oil production. The Obama administration will [...]

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Refrigerator Redux: How to Put Your Electric Bill on Ice

Full Story at DailyFinance.com With families across the country struggling to economize, the electricity bill looms as a great place to cut expenditures. While unplugging laptops and installing compact fluorescent bulbs can certainly help trim your power bill, those items only account for a fraction of the average household’s electricity expenditure. To really cut down, [...]

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Newest Volkswagen Beetle unveiled

Full Story at money.cnn.com NEW YORK (CNNMoney) — The 2012 New Beetle, the car that Oprah Winfrey gave away to her audience back in November, is finally ready to show itself in public. The car was unveiled Monday at events held simultaneously in New York City and Shanghai.

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Oil tops $110 after Japan suffers another blow

Full Story atmoney.cnn.com The gains came after a 7.1-magnitude earthquake occurred around 10:30 a.m. ET, near the same location off the coast of Japan as the March 11 earthquake. Japan’s news agency NHK issued a tsunami warning for roughly the same area that had been deluged by water less than a month ago. The tsunami [...]

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Stocks rally for third day, Dow jumps 178

Full Story at Money.cnn.com NEW YORK (CNNMoney) — U.S. stocks rallied for a third day on Monday, as fears about Japan’s damaged nuclear plants eased and investors cheered a huge merger in the telecommunications industry. The Dow Jones industrial average (INDU) jumped 178 points, or 1.5%, to 12,037. It’s the first time the Dow has [...]

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Investors should get prepared for a wild week

Full Story at msnbc.com NEW YORK — Watch out for intraday swings because it’s going to be wild. Cataclysmic events, including a nuclear disaster in Japan, uprisings in the Middle East and North Africa and the possibility of more currency market intervention will keep investors reacting to headlines. “This is an extremely news-driven market. Investors [...]

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Chevy’s Volt offers tantalizing taste of the electric car’s future

Full Story at msnbc.com At a time when most of us stream YouTube videos and buy multimedia entertainment from the iTunes Store, the recollection of a time when we depended on a dial-up connection over an analog telephone land line to retrieve a few kilobytes of text may seem vaguely ridiculous. But while our consumer [...]

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Making Coke boMaking Coke bottles from sugar cane

Full Story at money.cnn.com Coca-Cola has won praise for an initiative that significantly cut water usage at its more than 900 plants around the world. But there’s another major sustainability project at Coke. Instead of focusing on Coke’s bottling plants, this one aims to make Coke bottles out of plants.

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Renewable energy without Uncle Sam’s help

Full Story at money.cnn.com NEW YORK (CNNMoney) — At a solar power company in downtown San Francisco, Edward Fenster plans on doubling his workforce to 8,000 people in the next year. Fenster is chief executive of SunRun, a company that puts solar panels on residential rooftops.

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