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...also becoming the chief financier for the U.S. clean-energy sector, retooling a sclerotic department to shell out about $39 billion worth of short-term stimulus projects - nearly 150% of its normal annual budget - while reorienting its long-term research and development toward artificial photosynthesis, advanced batteries and other technologies he envisions as low-emissions "game changers." Chu plays up his geeky image - he gave Jon Stewart a Nerds of America Society T shirt on-air - but he's no ivory-tower ingenue. "Energy," he says, "is all about money." He cut his teeth in the entrepreneurial culture of Bell...
...into wind and solar and should be the world's largest producer of renewables by 2010. "Every Chinese leader I met was absolutely determined to do something about their carbon emissions," Chu said. "Some U.S. policymakers still don't think this is a problem." (Read "One Voice in a Billion: Changing the Climate in China...
...under the Mediterranean. Libya is keen for investment to help fund much needed work in roads, rail links, telecommunications, and even on its oil rigs. Libya's Soviet-era military equipment is also in bad need of an overhaul, and France, Britain and Russia are all vying for multi-billion-dollar defense contracts. "Libya can offer a lot of investment opportunities," Zainy said. "There is construction, there is trade." (Read: "French Defense Execs Woo Gaddafi...
...investments in Libya in 1998, soon after the Italian government issued an official apology for its human-rights violations in Libya before World War II, when Libya was an Italian colony. Last year - the 10th anniversary of that apology - the two countries signed a friendship treaty involving $5 billion worth of infrastructure deals. And in 2007, while trying to negotiate a major deal to sell Libya French fighter jets, French president Nicolas Sarkozy secured the release of a group of Bulgarian nurses from a Libyan prison, where they were jailed for allegedly infecting patients with the HIV virus. When...
...warmed. In 2007, former British Prime Minister Tony Blair held talks with Gaddafi in the Libyan leader's tent in Tripoli. Soon after, BP officials signed a $900-million exploration deal with Libya's state-run National Oil Company; BP believes the deal could ultimately earn it about $15 billion in oil revenues. But Blair has denied that there was ever a link between the deal and the release, telling CNN on Saturday that he didn't have the power to arrange Megrahi's release. "I wasn't in a position to say so-and-so should be released. That...