Enviros Blamed for Bursting Frack Bubble
Here's The Script, in four despicable acts:
Act 2. Oil and gas industry loudly blames anti-fracking environmentalists and restrictive regulations.
Act 3. Congress rolls back environmental laws.
Act 4. Loosened regulations do little to boost actual oil and gas production, which continues to tank, but the industry wins the right to exploit marginal resources a little more cheaply than would otherwise have been the case.
Step 1. Borrow money and use it to lease thousands of acres for drilling.
Step 2. Borrow more money and drill as many wells as you can, as quickly as you can.
Step 3. Tell everyone within shouting distance that this is just the beginning of a production boom that will continue for the remainder of our lives and the lives of our children and that everyone who invests will get rich.
Step 4. Sell drilling leases to other (gullible) companies at a profit, raise funds through Initial Public Offerings or bond sales, and use the proceeds to hide financial losses from your drilling and production operations.
Glyphosate, the main ingredient in Monsanto's widely used herbicide Roundup, will be added July 7 to California's list of chemicals known to the state to cause cancer, according to a Reuters report Tuesday. This news comes after the company's unsuccessful attempt to block the listing in trial court and requests for stay were denied by a state appellate court and California's Supreme Court.
California's Office of Environmental Health Hazard Assessment (OEHHA) announced the designation on Monday under the Safe Drinking Water and Toxic Enforcement Act of 1986, or Proposition 65.
Canadian government officials and marine biologists are investigating the mysterious deaths of six North American right whales. The endangered animals all turned up dead between June 6 and June 23 in the Gulf of St. Lawrence, off Canada's southeastern coast.
North Atlantic right whales are the rarest of all large whale species and among the rarest of all marine mammal species, with only about 450 right whales in the North Atlantic.
By Jason Mark
Sequoiadendron giganteum. That's the scientific name for the giant sequoia: the mammoth trees found in California's Sierra Nevada that are the largest organisms on Earth, and among the longest-lived. Biologists estimate that about half of all sequoias live in Giant Sequoia National Monument, a 328,000-acre preserve in the Southern Sierra Nevada established by President Clinton in 2000.
Now that national monument is in jeopardy.
By Andy Rowell
Donald Trump this week is launching an "energy week," pushing the argument that the U.S. will become a net exporter of oil and gas.
The president and his cronies are talking about a new era of "U.S. energy dominance," which could stretch for decades to come. However, no one believes the president anymore.
By Colleen Curry
The United Nations has designated 23 new sites around the world to its World Network of Biosphere reserves—stunning natural landscapes that balance environmental and human concerns and strive for sustainability.
The forests, beaches and waterways were added to the list this year at the International Coordinating Council of the Man and the Biosphere Programme meeting in Paris earlier this month.
By Andy Rowell
There is a growing feeling within European capitals that a quiet, but deeply positive, revolution is happening under Emmanuel Macron in France.
Macron's opinion poll rating is high, especially boosted in how the young French president has reacted to Donald Trump on the international stage.