Despite surging fuel costs, Americans keep on trucking

NEW YORK (AFP) - Soaring fuel costs have so far failed to dampen US enthusiasm for hitting the road in summer.

..."The American consumer's demand for gasoline is insatiable," said Jason Schenker, Wachovia Securities, who noted only modest changes in auto preferences of US motorists.

But it's starting to hurt: Pinched at the Pump

High fuel prices are pushing some drivers to the financial brink—and to the pawnshop for gas money. Low-wage earners are feeling the most pain.

Greenland makes oil companies melt

From Korea: High Oil Prices Take Toll on Firms

According to the Korea Chamber of Commerce and Industry (KCCI), which in May surveyed 627 firms in the metropolitan area, 63.2 percent of local companies said they would have to halt business operations if international oil prices surpass $80 a barrel.

From Australia: Slashing greenhouse gas would cut GDP

Achieving deep cuts to Australia's greenhouse gas emissions would slash the nation's GDP and require massive reductions in industry output, a new report suggests.

India can't accept cap on its energy consumption

U.S.: House urges IT managers to buy energy-saving servers

WASHINGTON -- Power usage at fast-growing server farms became an issue for Congress last week. The U.S. House of Representatives overwhelmingly approved a bill requiring a federal study of ways to improve the energy efficiency of servers and data centers.

U.K.: Labour plans carbon cap on household energy use