Cap and Trade’s Biggest Losers: A new report by energy consultants Wood Mackenzie finds “cap-and-trade legislation will cost U.S. refiners about $100 billion a year by 2015 and put them at a competitive disadvantage to refiners in Europe.” — WSJ’s Environemental Capital
Bright Automotive Bags $1.4M Army Demo Deal: Anderson, Ind.-based Bright Automotive said today the U.S. Army plans to test the startup’s plug-in hybrid vehicle tech in non-combat situations as part of a $1.4 million demonstration project.
New World for Cleantech: “The race to cash in on the environmental technology wave just got a little more crowded on Monday with the founding of the New World Capital Group, a private equity firm focused on investing in companies in the nascent ‘green tech’ sector.” — NYT’s DealBook
Public Financing as Stimulus for Private Investment: A new report out today from the United Nations’ Environment Program suggests several public finance mechanisms to “help stimulate private investment in climate change solutions in developing countries.” — Reuters
What to Expect this Week from the Senate: The Senate is digging into debates over the climate bill this week. Here’s what to expect — WSJ.