Oil Closes Below $50, Lowest Price Since May 2005
After rising to dizzying heights this summer, the oil market is suffering a hair-raising drop with no apparent end in sight.
Oil prices fell to their lowest level in more than three years, falling below $50 a barrel on Thursday, after shedding close to $100 in four months [...]

Suzy Jagger in New York
Google will use its clout as the world’s biggest internet company to lobby for policy change on alternative energy.
The group has already invested $45 million (£25.5 million) backing start-up companies that are trying to develop wind, solar and geothermal technologies. The investment has been made through Google.org. its philanthropic arm.
Eric Schmidt, [...]