Five Energy Articles We’re Reading Today (4/28/11)

Here are five recommended reads for today (4/28/11).

  1. MSNBC reports, “Exxon earned nearly $11 billion in the first quarter, a performance that will likely land it in the center of the national debate over high gasoline prices.”
  2. In a New York Times op-ed, Daniel C. Esty and Michael E. Porter argue that “we need to encourage clean energy innovation while letting the market decide which particular technologies prevail.” To accomplish that, the authors advocate imposing “an emissions charge of $5 per ton of greenhouse gases beginning in 2012, rising to $100 per ton by 2032. “
  3. According to The Hill, “The Energy Department’s statistical arm will not be able to fully analyze politically contentious issues like gas prices as a result of cuts in the fiscal year 2011 spending bill signed into law by President Obama.” According to EIA administrator Richard Newell, “The lower FY 2011 funding level will require significant cuts in EIA’s data, analysis, and forecasting activities.”
  4. Reuters reports that “Google has not given up on its goal of making renewable energy cheaper than coal for consumers but it is not predicting victory soon.”  According to the company’s director of green business operations, “Google is exploring more opportunities in renewables, including enhanced geothermal, where companies would tap into heat deep underground to produce power.”
  5. At Climate Progress, Richard Caperton of the Center for American Progress explains that electricity prices in the United States are actually low by world standards. Caperton argues, “Now, we need to build cleaner sources of power into that system.  Whereas the old mantra was ‘affordable and reliable,’ the new mantra has to be  ‘clean, affordable, and reliable.’”