Five Energy Stories Worth Reading Today (3/2/12)

Here are five recommended reads for today (3/2/12)

  1. According to Fast Company, “Models for predicting the cost of solar power may be totally off-base. What does that mean for you? The moment when you’re wasting money by not having solar panels is coming sooner than you know.”
  2. The Hill reports, “Senate Energy and Natural Resources Committee Chairman Jeff Bingaman (D-N.M.) floated highly anticipated legislation Thursday to reduce power plant pollution by mandating greater use of low-carbon energy sources.”
  3. CleanTechnica reports, “Energy Secretary Steven Chu yesterday announced the launch of an ambitious offshore wind energy research and development initiative that, over the next six years, will see some $180 million invested in accelerating ‘the deployment of breakthrough wind power technologies that will help diversify our nation’s energy portfolio, promote economic development and launch a new industry here in America.’”
  4. NASA’s Earth Observatory has a striking satellite image which shows that “emission of pollutants from oil sands mining operations in Canada’s Alberta Province are comparable to the emissions from a large power plant or a moderately sized city.”
  5. Climate Progress writes: “Higher gas prices mean that money is flowing out of Americans’ wallets and pocketbooks and straight into the coffers of Big Oil companies. This Center for American Progress analysis finds that each penny rise in the average quarterly (three months) price of a gallon of gas corresponds to a $200 million increase in quarterly profits of the big five oil companies—BP, Chevron, ConocoPhillips, ExxonMobil, and Royal Dutch Shell.”