To the Point
Energy Security and Global Warming
US energy demands are rising as the price of oil goes through the roof and foreign sources are increasingly uncertain. Canadian tar sands and domestic coal would provide energy security, but at the risk of increased global warming. Can renewables be developed in time? How high is the price of economic growth? Also, the Secretary of the Treasury wants to rein in mortgage markets, and Florida Democrats and the presidential nomination. What a mess!
US energy demands are rising as the price of oil goes through the roof and foreign sources are increasingly uncertain. Canadian tar sands and domestic coal would provide energy security, but at the risk of increased global warming. Can renewables be developed in time? How high is the price of economic growth? Also, Treasury Secretary Paulson wants to rein in mortgage markets. On Reporter's Notebook, with the presidential nomination potentially at stake can Florida Democrats get it together?
Banner image: Screen grab from the PowerPoint presentation below on the tar sands. Photo. Bill Reinert
In this episode
3 storiesPaulson Wants to Rein in Mortgage Markets
The President's Working Group on Financial Markets has blasted the mortgage industry for its role in the global credit crisis that began with sub-prime mortgages.
Read the story6 minEnergy Security versus Environmental Stability
Just over 15 months ago, OPEC was worried that the price of oil would drop below $50 a barrel. Now, it's $110. With record-high oil prices overseas supplies increasingly uncertain, Vice President Cheney is expected to ask Saudi Arabia next week to help push the price down by producing more from its massive reserves.
Read the story36 minFlorida Democratic Party Pushes Mail-in Primary
Florida Democrats violated National Party rules by holding their presidential primary on January 29, long before they were supposed to. The candidates refused to campaign, but their names were on the ballot and Hillary Clinton won more votes than Barack Obama .
Read the story7 min