Five Energy Stories Worth Reading Today (1/3/13)

Here are five recommended reads for today (1/3/13).

  1. According to the Washington Post, “MidAmerican Energy is buying two solar power projects under construction in Southern California from SunPower Corp. that will generate 579 megawatts of electricity.” MidAmerican is “part of Warren Buffett’s Omaha, Neb.-based Berkshire Hathaway Inc.”
  2. Bloomberg reports, “The one-year extension of a U.S. tax credit for wind energy revises the policy in ways that may revive an industry that’s expected to slump 59 percent this year.”
  3. The Boston Globe writes, “The extension of wind energy tax credits — passed as part of the fiscal cliff deal — includes a key change that will make it easier for wind ­developers in Massachusetts and elsewhere to obtain what are viewed as crucial incentives for a burgeoning industry.”
  4. Mother Jones reports: “Everything was supposed to be “on the table” in the crafting of deal to avert the so-called fiscal cliff. But in the end, congressional Democrats and Republicans skipped over some of the most glaring tax perks and giveaways. Case in point: Congress didn’t touch billions of dollars a year in freebies to the oil and gas industry that pad the profit margins of companies such as ExxonMobil and BP.”
  5. According to Reuters, “An Exxon Mobil pipeline spill into the Yellowstone River in 2011 would have been far less severe if the company had not delayed closing valves, a report issued on Wednesday by federal pipeline regulators said.”