A Shift in the Debate Over Global Warming

Most of the focus in the last few years has centered on imposing caps on greenhouse gas emissions to prod energy users to conserve or switch to nonpolluting technologies.

But now, with recent data showing an unexpected rise in global emissions and a decline in energy efficiency, a growing chorus of economists, scientists and students of energy policy are saying that whatever benefits the cap approach yields, it will be too little and come too late.

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Solar stocks soar on outlook for U.S. subsidies

LOS ANGELES (Reuters) – Shares of solar power companies soared on Friday on optimism that key tax subsidies for the renewable energy sector could be extended by U.S. lawmakers in the coming weeks.

A new bipartisan proposal by U.S. Senators Maria Cantwell and John Ensign would extend the tax credits, and Wall Street analysts said the measure has a good chance of passing soon because it is not linked to a tax hike for Big Oil.

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