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By Steve Horn
But as National Public Radio (NPR) demonstrated in a recent report, that's just the tip of the iceberg.
"More than a dozen schools in states as varied as Texas, Montana, Ohio and West Virginia are already tapping natural resources on college campuses," the report explains. "The University of Southern Indiana recently started pumping oil."
Like Pennsylvania—which has seen higher education budget cuts totaling more than $460 million since Republican Gov. Tom Corbett took office in 2010—nearly all of these states have faced massive cuts in their most recent budgets.
Texas, led by Republican Gov. Rick Perry, saw a $1.7 billion funding cut in its most recent budget cycle. Indiana, led by Republican Gov. Mitch Daniels, was hit with $150 million in higher education cuts in its most recent budget.
Montana, led by Democratic Governor Brian Schweitzer, was handed $14.6 million in higher education cuts in the most recent budget. And West Virginia, led by Democratic Governor Earl Ray Tomblin, saw $34 million evaporate from its higher education war chest in its most recent budget cycle.
Fracking on Campus a New Fundraising Mechanism, But "You Can't Drink Money"
Fracking on cash-strapped college campuses in these states has become a new fundraising mechanism and a way to pad endowments.
"...[W]e can put the revenue toward encouraging gifts to the endowment," Kristin Sullivan, a spokeswoman at University of Texas-Arlington told NPR. "This is a finite resource. You have to be very wise about how you allocate that revenue."
The costs associated with fracking on university grounds, though, go far above and beyond revenue it brings into vastly under-funded schools. The climate and ecological costs are also a huge part of any honest equation.
Or put much more simply, "you can't drink money" as the song in this video so clearly highlights.
Visit EcoWatch’s FRACKING page for more related news on this topic.
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Tesla just unveiled its first electric truck.
CEO Elon Musk showed off the new design at a launch event at the company's Design Studio in Hawthorne, California Thursday.
By Jason Bittel
Authorities in Hong Kong intercepted some questionable cargo three years ago — a rather large shipment of shark fins that had originated in Panama. Shark fins are a hot commodity among some Asian communities for their use in soup, and most species are legally consumed in Hong Kong, but certain species are banned from international trade due to their extinction risk. And wouldn't you know it: this confiscated shipment contained nearly a ton of illegal hammerhead fins.
Coldplay is releasing a new album on Friday, but the release will not be followed by a world tour.