26 Jan '11, 4am

Obama vows to slash oil aid, race to clean energy

WASHINGTON: US President Barack Obama on Tuesday vowed to eliminate billions of dollars of oil subsidies in order to invest in a space race-like drive towards a clean energy future. "I'm asking Congress to eliminate the billions in taxpayer dollars we currently give to oil companies. I don't know if you've noticed, but they're doing just fine on their own," he said in his State of the Union address. "Instead of subsidizing yesterday's energy, let's invest in tomorrow's," he added in the annual speech outlining his main policy goals. Obama vowed government support for research that could lead to breakthroughs in green energy, comparing such efforts to the Cold War race to the moon. "We're not just handing out money. We're issuing a challenge. We're telling America's scientists and engineers that if they assemble teams of the best minds in their fields, and focus on the hard...

Full article: http://www.channelnewsasia.com/stories/afp_world_business...

Tweets

Obama lays out recipe for US recovery in speech: Obama demanded a surge in research and development investment t...

Obama lays out recipe for US recovery in speech...

straitstimes.com 26 Jan '11, 5am

OBAMA'S RECIPE FOR RECOVERY SUCCESS INNOVATION Obama demanded a surge in research and development investment to the highes...

See! SEEE! Obama! Sputnik! He IS a communist!!!

todayonline.com 27 Jan '11, 3am

WASHINGTON - United States President Barack Obama warned of the threat to US economic power and global influence from Chin...

Oil lower ahead of US energy reserves data: SIN...

channelnewsasia.com 20 Jan '11, 3am

SINGAPORE: Oil was lower in Asian trade Thursday as investors awaited the release of a widely watched US government energy...

Obama goes back to his old social-media campaig...

todayonline.com 27 Jan '11, 10pm

WASHINGTON - United States President Barack Obama is turning to his 2008 playbook by leaning on social media to help push ...

Kumar's Amazing Race: Trailer

miyagi.sg 25 Jan '11, 2am

Kumar’s Amazing Race: Trailer Kumar’s Amazing Race Ingterneck company boss pwned by Rockson’s Horse Construction mystery r...

From miyagi.sg: Kumar's Amazing Race

From miyagi.sg: Kumar's Amazing Race

miyagi.sg 22 Jan '11, 5pm

The past cou­ple of years, I’ve said it’s a priv­i­lege work­ing with the fun­ni­est drag queen on the planet. Nothing’s c...

Volunteers spring clean homes of elderly residents

Volunteers spring clean homes of elderly residents

channelnewsasia.com 25 Jan '11, 3pm

SINGAPORE : Elderly residents living alone at Block 31 in Toa Payoh East got a helping hand to spring clean their home for...

Raffles Place Energy Medicine / Alternative Med...

streetdirectory.com 29 Jan '11, 9pm

allows users to search for businesses by Company Names and/or Products and Services in Singapore, Malaysia, Penang and USA...

"There is no hope for the human race"

cowboycaleb.liquidblade.com 27 Jan '11, 6am

Posted 27 January 2011 @ 2pm Tagged Asides Related Previous Posts: There is no hope for the human race There is no hope fo...

Oil prices gain as Fed Reserve sticks to stimul...

channelnewsasia.com 26 Jan '11, 9pm

NEW YORK: Oil prices rebounded in New York on Wednesday after six straight drops as the US central bank announced that it ...

World oil prices up as Egypt tensions mount

World oil prices up as Egypt tensions mount

channelnewsasia.com 31 Jan '11, 6am

SINGAPORE - World oil prices rose in Asian trade Monday on fears that mounting political tensions in Egypt would disrupt s...