In Other News (May 15)
- A climate-change bill heading to the U.S. Senate could easily generate $3 trillion in value in the country by 2050, sparking a "wonky" debate over its particulars, reports Fortune magazine in an article picked up by CNN Money.
- An energy management company has developed a green IT system for remotely tracking energy usage at manufacturing facilities with a high level of detail.
- Fluor is getting a big shot of green from a U.K. renewable energy project. On Wednesday, the U.S. construction and engineering company said it had signed a $1.8 billion contract with Perth, Scotland-based Scottish and Southern Energy to design and build the world’s largest offshore wind farm project.
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One of America's most famous oilmen has made a dramatic $2 billion bet on wind power, an alternative energy he says has the power to replace dwindling oil reserves