Daily Sprout

Terms Set for Panasonic’s Sanyo Takeover: Panasonic said today it plans to make a tender offer for a majority stake in smaller rival Sanyo after negotiating with regulators for approval of a $4.45 billion deal that would transform Panasonic into a cleantech powerhouse with business in solar panels, fuel cells and rechargeable batteries for hybrid and electric vehicles. — Wall Street Journal

Buffett’s Big Rail Bet: “Is Warren Buffett’s $26 billion purchase of Burlington Northern Santa Fe railroad a bet on 19th-century industry or the 21st-century economy? Neither, it seems—it’s the perfect hedge.” — WSJ’s Environmental Capital

Al Gore Q&A: Elizabeth Kolbert talks with Al Gore about his new book, “Our Choice,” covering the rise of Chinese environmentalism, the ongoing Congressional debate over a cap-and-trade system, and what he learned in the course of his research. — The New Yorker

Fisker Lines Up Emil Frey Group for EU Distribution: Plug-in hybrid vehicle developer Fisker Automotive, which so far has announced 45 U.S. dealership agreements and two smaller European distributorships, said this morning that it has now signed the 100-plus dealership Emil Frey Group to handle much of its European sales and service. — Edmunds Green Car Advisor

Envisioning Car 2.0: The electric car will eventually “be a kind of ultimate mobile device, produced in expanding networks for expanding networks; a piece of hardware manufactured by a burgeoning supplier grid and nested in an information grid interlacing the electrical grid. Building out these three networks will be more profitable, and a greater engine of economic growth, than building the cars themselves.” — Inc.