Energy & Fuel

"Regulators Assess the Ultimate Blackout Threat"

"As the utility industry embarks on a potential $1 trillion-plus expansion in renewable energy transmission and energy-saving smart grid technologies over the next two decades, it must also confront a new and growing fragility while demands on the grid increase. It must be able to protect the grid against so-called "high-impact, low-frequency" threats to the power system."

Source: ClimateWire, 07/06/2010

"As Oil Industry Fights a Tax, It Reaps Subsidies"

Proposals afloat in Congress would raise taxes on the oil industry to help pay for spill cleanup. The industry objects, claiming the burden would harm not only companies, but the country. But the oil industry already gets tens or hundreds of billions in tax breaks and outright subsidies from the federal government.

Source: NYTimes, 07/06/2010

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