Clean energy progress too slow to limit global warming, warns IEA.

“Unless we get (carbon emissions) prices and policies right, a cost-effective clean-energy transition just will not happen,” the report said. (This is the core issue; the powers that be need a carbon credit market and it is collapsing as we speak)
bertb news feed

Treasury Quietly Warns: ‘Expect Debt Limit to Be Reached Near End of 2012′.

The U.S. Treasury quietly warned at the end of a statement issued last Wednesday that it expects the federal government to hit its legal debt limit before the end of this year–which means before the new Congress is seated–and that “extraordinary measures” will be needed before then to keep the government fully funded into the early part of 2013.
WT news feed