Duke Energy Gets Go-Ahead For Save-A-Watt: North Carolina utility regulators have approved Duke Energy’s (s DUK) proposal to temporarily charge residential ratepayers an extra 38 cents per month as it sets up a long-planned energy efficiency program. Regulators will review a final compensation scheme for Duke this summer. — Charlotte Business Journal
Toyota Posts Worst-Ever Loss: Hybrid leader Toyota (s TM) has just reported a loss of $7.7 billion for the first quarter of this year, the worst in its history and even worse than GM’s (s GM) just-reported $6 billion loss for the same period. — Autoblog
Alt-Fuel Car Incentives Boost China’s Automakers: China’s passenger car sales rose 44.5 percent last month from a year earlier, and automakers there say it’s only because of government stimulus policies that are bringing new focus to independent Chinese brands and development of alternative fuel vehicles. — Gasgoo
Dirty Truth About Carbon Offsets: While European-based polluters are expected to buy 162 million tons of carbon offsets for 2008, their emissions for the year will likely end up totalling roughly 1 percent more than they did in 1990. — NYT’s Green Inc.
Bioelectric Vehicles: A new study from the University of California, Merced suggests converting biomass, or plant matter, into electricity for plug-in cars may be more efficient than turning it into ethanol for internal combustion vehicles. — Press Release