Summary:

Andy Grove on Industry Transformation: Andy Grove, the former CEO of Intel, says the auto industry “today is as vertical as the computer industry was before the PC,” and warns that government efforts to protect the viability of General Motors may be as detrimental to innovation […]

Andy Grove on Industry Transformation: Andy Grove, the former CEO of Intel, says the auto industry “today is as vertical as the computer industry was before the PC,” and warns that government efforts to protect the viability of General Motors may be as detrimental to innovation as if the Reagan administration had made huge investments in the mainframe giants of the 1980s. — Wall Street Journal

More Honda Hybrids in the Works: Honda CEO Takanobu Ito said today that the automaker will bring the CR-Z hybrid sports car to the Japanese market in February, and a hybrid version of its Fit compact by the end of 2010. — MarketWatch

Billions on the Line for Energy, Water: The House will take up a $33.3 billion fiscal 2010 spending bill this week that supports increases in renewable energy, efficiency and science funding but also counters a DOE plan to end hydrogen vehicle research and pares back a $280 million plan to create eight “energy innovation hubs.” — Greenwire via NYT

Lawsuit Over Transmission Corridors: “A coalition of environmental groups have sued the federal government over the creation of transmission corridors that will perpetuate the use of coal-fired power throughout the West.” — Red, Green, and Blue

SEC to Consider Climate Disclosure Rules: Federal regulators are set to take “a very serious look” at forcing public companies to assess and report the effects of climate change on their financial health, according to an SEC commissioner. — ClimateWire via NYT

Comments have been disabled for this post