On Thursday by a unanimous vote, the California Air Resources Board adopted strict standards for measuring the "carbon offsets" generated by well-managed forests. The rules are designed to meet international standards and provide a way for forest managers to earn money for pulling carbon out of the air. Separately, it started work on a suite of new emissions-cutting schemes, including a plan to make big rigs more aerodynamic and fuel-efficient. The plans mandate a package of modifications, including new tires and aerodynamic skirts, recommended under a voluntary truck-efficiency program operated by the U.S. Environmental Protection Agency. Sacramento Bee 10/26/07
Mercedes-Benz will show off its Smart Fortwo, a tiny two-seater that goes on sale early next year, to the nation's auto journalists starting next week at a glitzy event headquartered in San Jose. A representative from the company said they chose the area because it matched the ‘innovative’ character of the car. Smaller cars are the fastest growing market in California this year, which led the company to introduce the product originally from Europe. SJ Mercury 10/26/07
Oil roared past $90, setting a record Thursday, as tight inventories and fresh signs that OPEC would shrug off calls for additional oil from big consumer nations sent prices up nearly 4%. "The high prices are not coming from a lack of production," Algerian Energy Minister Chakib Khelil said.LA Times 10/26/07
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