Five Energy Stories Worth Reading Today (11/13/12)

Here are five recommended reads for today (11/13/12).

  1. A new report by the Union of Concerned Scientists, “Ripe for Retirement: The Case for Closing America’s Costliest Coal Plants,” finds: “as many as 353 coal generators, located in 31 states, may no longer be economically viable after they are upgraded with modern pollution controls.  The power these generators produce would cost more than electricity produced by natural gas power plants and, in many cases, wind power.”
  2. According to the newly-released World Energy Outlook 2012, fossil fuels globally are “supported by subsidies that amounted to $523 billion in 2011, up almost 30% on 2010 and six times more than subsidies to renewables.”
  3. Boston Globe columnist Farah Stockman writes, “For all the millions of Google hits that ‘fracking’ brings up, remarkably little research has been done on what its risks actually are and whether they can be mitigated.”
  4. Renewable Energy World reports, “Wind farms, solar parks and hydroelectric dams are forecast to become the second biggest power generator in 2015 and rise to almost a third of all generation in 2035, a level approaching that of coal, the Paris-based agency that advises 28 nations on energy policy said today in its annual outlook.”
  5. According to The Hill, “House Speaker John Boehner (R-Ohio) won’t rule out targeting oil-industry deductions in a broad deal to avoid the higher income tax rates and deep automatic spending cuts set to take effect in 2013.”