In a report being released today, the U.S. Conference of Mayors asserts that 4.2 million green jobs will be added to the economy by 2038 — as long as the U.S. shifts towards producing more alternative energy.

A new energy bill unveiled by House Democrats allows for new offshore drilling, extend tax credits for the production of renewable energy, and tightens a few screws on big oil companies. (Grist — Kate Sheppard)

With demand for gasoline low and prices still high, a bevy of U.S. companies are searching for ways to operate in a shifting marketplace — and plenty are already finding solutions. (Wall Street Journal — Justin Lahart and Conor Dougherty)

While traveling in Europe, New York Times pundit Thomas Friedman suggests that Americans could learn plenty from the Danes about conserving fuel, finding alternative energy sources, and using technological innovation for economic growth.