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March 2 (Bloomberg) -- Duke Energy Corp. Chief Executive Officer James Rogers said President Barack Obama ’s plan to raise revenue from an emissions-trading system would increase electricity bills by as much as 40 percent in some U.S. states.

THE future of the national renewable energy program GreenPower is in doubt after big energy companies warned it might not be viable under the Federal Government's planned emissions trading scheme.

March 2 (Bloomberg) -- Russia, the worst-performing major stock market in 2008, was Europe’s best last month as the ruble rose and reserves stabilized. Every neighboring market crumbled.

I spoke yesterday at a seminar at the Convention on Modern Liberty on press freedom. It was a grim affair. Alan Rusbridger, the editor of the Guardian, spelt out how bleak the prospects for newspapers were. The regional press was collapsing – “for the first time since the Enlightenment major cities will not have a newspaper to report on local politics”. The national press was on its knees, and, he warned, would soon stop doing investigative journalism because of the costs of libel actions