Five Energy Stories Worth Reading Today (5/11/12)

Posted By Lowell F. on May 11th, 2012

Here are five recommended reads for today (5/11/12)

  1. Brendan Demelle of DeSmogBlog reports: “ForestEthics Advocacy released a game-changing research brief today documenting the massive foreign control of Alberta’s tar sands oil industry. Publicly traded oil companies with active tar sands operations have a very high level of foreign ownership – 71 per cent.”
  2. According to the Huffington Post, “Progressive lawmakers Sen. Bernie Sanders (I-Vt.) and Rep. Keith Ellison (D-Minn.) teamed up on Thursday to introduce legislation designed to stop subsidies to the oil, coal and natural gas industries, preserving an estimated $110 billion over the next ten years.”
  3. InsideClimateNews reports, “Long involvement in Canada’s tar sands has been central to Koch Industries’ evolution and positions the billionaire brothers for a new oil boom.”
  4. According to CleanTechnica: “In a sign that wave and tidal stream renewable energy technology may be poised to come of age, Vattenfall, Europe’s sixth-largest power utility, Spanish multinational renewable energy developer, Abengoa and UK-based international engineering firm Babcock have joined to form Nautimus, a Scottish company that will provide engineering, procurement, integration and construction (EPC) services for utilities’ wave power and tidal stream projects.”
  5. ClimateProgress reports: “Today, behind closed doors in Charlotte, North Carolina, legislators from 15 states will meet with the oil and gas industry to discuss so-called “model legislation” as part of the American Legislative Exchange Council (ALEC). The result could be laws that handicap renewable energy targets — while creating loopholes for fossil fuels, written directly by the oil and gas industry itself.”
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