EU and US vow to use crisis for green new deal

Secretary of state Hillary Clinton on Friday said the Obama administration was committed to take EU-US co-operation to a new level, particularly in regards to climate change and the current economic crisis, which had to be dealt with together.

"We are committed to a cap-and-trade system, but also to a number of other things. We are making major investments now in our stimulus package in alternative energy, in basic science research, in new forms of fueling transportation, as well as upg...