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Compromise on Cap and Trade?: Top science adviser John Holdren hinted yesterday that the Obama administration might agree to auction only a portion (rather than all) of the emissions allowances initially granted under a cap-and-trade scheme — a compromise likely to please utilities and manufacturers but face resistance from environmentalists. — Washington Post

Detroit Needs More Than Green: Simply making more fuel-efficient cars won’t be enough to save Detroit. The big automakers also need consistently higher oil prices to move new vehicles off dealership lots. — Los Angeles Times

Mitsubishi On Board With Oregon EV Network: Mitsubishi Motors North America has partnered with the Oregon government and utility Portland General Electric (s PGE), joining Nissan in an effort to develop a statewide electric vehicle charging network. — Portland Business Journal

Funds to Consider Carbon Factor: Mutual fund companies are responding cautiously to suggestions that they should give more weight to companies’ greenhouse gas emissions as they select stocks in their funds. — Dow Jones Newswires

State-by-State Energy Costs: A new report from the Small Business and Entrepreneurship Council ranks all 50 states by energy costs. Looking for lower rates on electricity and gasoline? Head to Wyoming or Idaho, and hightail it out of Rhode Island and Alaska. — WSJ’s Independent Street