India

The 'Nano', a tiny car that gets 47 miles to the gallon and has low emissions, is hitting the Indian market. Environmentalists worry that the car's advantages will be outweighed by the increase in car ownership it may bring to the country.

The Oil Drum charts recent figures released by the U.S. Geological Survey, which show a stunning growth in cement use (and therefore, presumably, building activity) in China as compared to world usage.