Five Energy Articles We’re Reading Today (9/29/11)

Here are five recommended reads for today (9/29/11)

  1. The LA Times reports, “The Energy Department approved two loan guarantees worth more than $1 billion for solar energy projects in Nevada and Arizona, two days before the expiration date of a program that has become a rallying cry for Republican critics of the Obama administration’s green energy program.”
  2. According to Think Progress Green, “A new report from the Center for American Progress’ Dan Weiss and Valeri Vasquez shows that even as Big Oil fights tooth and nail to preserve tax breaks that President Obama and congressional Democrats have proposed repealing, just five oil companies (Exxon, Shell, Chevron, BP, and ConocoPhillips) “are sitting on cash resources of $59 billion.” This pile of cash ‘is 30 times more than the estimated $2 billion in annual tax breaks that these companies receive.’”
  3. Writing at Climate Progress, Kiley Kroh argues, “Rather than being “job killers” that displace people working in the fossil fuel sector, clean energy investments are important ways to leverage the expertise of skills of workers in conventional energy.”
  4. The Wall Street Journal’s Washington Wire blog reports, “The Solyndra episode has generated reams of press coverage and fodder for political speeches, but this hasn’t changed voters views on clean energy, new research from a pair of Democratic and Republican pollsters suggests.” The article adds that the Solyndra story “has not undermined voter support for public investments in clean energy,” and that it “is still news junkie fodder,” not “dinner table conversation.”
  5. According to the U.S. Energy Information Administration (EIA), “the amount of global hydroelectric and other renewable electric generating capacity will rise 2.7% per year through 2035, more than any other electricity generating source.” In addition, EIA says that “installed solar power capacity sees the largest growth rate over the projection period, expanding 8.3% per year, based on EIA’s IEO2011 released on September 19, followed by 5.7% for wind, 3.7% for geothermal, 2.0% for hydropower, and 1.4% for other renewables such as wood waste, landfill gas, and agricultural byproducts.”