U.S. Gasoline prices hit the $4 mark; the war against carbon dioxide could cost up to $45 trillion; and Anheuser-Busch tries to put a cork in its delivery trucks’ diesel emissions. It’s the Monday Daily Five.

Gas price record reaches $4 a gallon: There’s pain at the pump following Friday’s $11 dollar per barrel spike in crude oil prices. While Asian market oil prices opened slightly lower in early Monday trading, AAA reports that average U.S. gasoline prices topped $4 a gallon over the weekend. Meanwhile, government officials from five energy-consuming nations have been reduced to begging producers for more oil. (CNN)

Clean Technology Needs $45 Trillion Investment, G8 Says: How much cash will it cost to get man-made carbon dioxide under control? Economists from the G8 league of industrialized nations think about $45 trillion should do the trick. The agency’s annual Energy Technology Perspectives Report says that to hit proposed mid-century emissions targets, participating nations must build 32 nuclear power plants and 17,500 wind turbines each year. (CleanBeta)

Has LG Chem/Compact Power Been Chosen to Supply the Chevy Volt Battery Pack?: It looks as if General Motors is pushing hard to finalize the spec of its upcoming electric hybrid roadster, the Chevy Volt. GM has been testing drivetrain and electrical component on roadworthy Volt “mules” for several months. The test components included a shootout between A123 and LG Chem storage batteries. The winner? Apparently, it’s Korea’s LG Chem. That’s according to an article just published by the Guardian newspaper. Comments by LG Chem’s CEO seem to verify the rumor. (GM-Volt blog)

European Union Poised to Increase Recycling: Europe’s already strict recycling laws are poised to get stricter. Ministers are this week taking up waste disposal regulations which would significantly increase the amount of recycling in the EU by 2020. Households would be required to recycle or reuse half its waste, while certain business sectors — such as construction — would need to mett 70 percent standards. (WorldChanging)

Anheuser-Busch Cleans Up it Fleet: The largest brewer in the U.S. has been awarded a government grant to clean up emissions on its diesel delivery fleet. Company officials say the $150,000 EPA grant will be used on a pilot program to install multi-stage filter devices and closed crankcase systems on some of its New York trucks. The company is in the process of converting much of the Anheuser-Busch fleet to compressed natural gas. (GreenBiz.com)

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