Five Energy Articles We’re Reading Today (2/1/11)
Here are five recommended reads for today (2/1/11).
- 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. “
- 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.”
- 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.”
- 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. “
- 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.’”
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