Five Energy Articles We’re Reading Today (2/1/11)

Here are five recommended reads for today (2/1/11).

  1. GreenBiz is out with its “State of Green Business 2011” report. According to the report, it’s a “mixed bag” in the “green business world,” but on the positive side: “During 2010, we saw a steady march of progress, with some of the world’s biggest companies and brands putting a stake in the ground in the name of environmental (and sometimes social) sustainability. “
  2. The New York Times “Green” blog reports that “with increased scrutiny from regulators, more communities’ beingdirectly exposed to natural gas exploration, and questions arising about the fuel’s global climate benefits, a more variegated view of natural gas is emerging.”
  3. Michael Levi of the Council on Foreign Relations demolishes the new, oil industry talking point that “[t]he federal government by no stretch of the imagination subsidizes the oil industry…[but that the] oil industry subsidizes the federal government at a rate of $95 million a day.” To the contrary, according to Levi, “[American Petroleum Institute President Jack] Gerard’s member companies are drilling for and selling oil and gas that ultimately belongs to the American people. In many parts of the world they pay considerably more for the privilege.”
  4. Climate Progress points out that, according to the U.S. Energy Information Administration, offshore oil drilling in the United States will have minimal impact – maybe a few pennies per gallon – on gasoline prices by 2030. This, as “top Republicans are exploiting the Egyptian uprising to press for more domestic oil drilling. “
  5. Dow Jones reports, “Sen. Jeff Bingaman (D., N.M.), chairman of the Senate Energy and Natural Resources Committee, said he will work on a legislative proposal ‘to achieve what the president has set out as his goals [for renewable energy],’ but added ‘there are a lot of details to be worked out.’”