Five Energy Articles We’re Reading Today (11/3/11)

Here are five recommended reads for today (11/3/11)

  1. The LA Times reports, “Venture capitalists are pouring money into clean technology even as investors scale back funding in many other areas. Firms in the green sector raised almost $1.2 billion in the third quarter — up 73% from $684 million collected in the same period last year, according to a report released Wednesday by Ernst & Young.”
  2. At EnergyBiz, Ken Silverstein argues that, “In Central Appalachia, coal’s potential troubles are running much deeper than the proposed environmental regulations. Both public and private reviews note a reduction in production, citing not just pending federal rules but also increased competition and the depletion of the most recoverable deposits.”
  3. USA Today reports, “President Obama, asked about a trade case U.S. solar manufacturers have filed against China, said China has ‘questionable competitive practices’ on clean energy and his administration has fought ‘these kinds of dumping activities.’”
  4. At Grist, Sean Casten makes the case that we shouldn’t “get complacent about the recent downturn in natural gas and electric prices. It can’t last.”
  5. Ted Danson and Andrew Sharpless write at the Huffington Post that “Last year, the biggest five oil companies alone scored $76 billion in profits..[and] received more than $4 billion in tax breaks.” Danson and Sharpless conclude, “it’s clear that Big Oil doesn’t need billions in handouts.”