Obama: Taking on Fracking?

The Obama Administration has taken its first federal action to regulate fracking.  Unfortunately, the new rule won’t do much to address the growing problems that fracking causes. The Bureau of Land Management issued the rules on Friday, March 20th.  The new rules only apply to fracking on federal lands, and would institute the following: New well-construction requirements to ensure the […]

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EPA Speaks Out on Keystone Pipeline  

The Keystone XL Pipeline, which would carry roughly 830,000 barrels of tar sands crude oil from Alberta, Canada to the Gulf Coast in the US, has been one of the most polarizing issues in American politics over the past few years. Environmentalists recognize that the pipeline will do little more than encourage continued tar sands extraction, one of the most carbon-intensive oil production methods on the planet. Supporters of heavy industry see the pipeline as a crucial piece of infrastructure that will create a more robust economy including jobs and increased energy security (although the Keystone would produce very few permanent jobs). President Obama has stated that the future of the pipeline project depends on whether or not it will contribute further to climate change. This week, the EPA weighed in on the State Department’s environmental impact statement, using authority granted by the Clean Air Act (CAA) and the National Environmental Policy Act (NEPA). The letter sent to the State Department from the EPA outlines their findings that the pipeline would indeed contribute to climate change. The production, transport, and refining processes, and the burning of the final product would result in an additional 1.3 -27.4 million metric tons of CO2 each year. On the high end, that’s equivalent to the GHG emissions from 5.7 million passenger vehicles or 7.8 coal-fired power plants. With oil prices currently lower than most economists expected, construction of the pipeline would make it cheaper […]

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Methane Leaks Prompt Calls for Regulation

Hydraulic fracturing, or “fracking,” touted by industry as the technological saving grace to our nation’s energy woes, has caused much concern to the environmental community during recent years. Amidst claims that burning natural gas is a less carbon-intensive source of electricity and heat, frackers have had to defend their business against assertions that their activities cause earthquakes, air and water […]

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Amazon Takes a Step Forward on Climate?

Amazon has added a line to the sustainability page of the Amazon Web Services site stating: In addition to the environmental benefits inherently associated with running applications in the cloud, AWS has a long-term commitment to achieve 100% renewable energy usage for our global infrastructure footprint. It’s always good news when a large company recognizes that it needs to shift […]

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Update – US Banks Still Investing Heavily in Coal

Banktrack.org released an updated review of various financial institutions’ holdings in dirty coal energy. Green America promoted a scorecard earlier this year outlining the banks that were the strongest supporters of coal extraction and electricity production. The lowest marks went to Wells Fargo (D+), Bank of America (D-), Citi (F) and Chase (F). Of course, each of these banks has […]

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President Obama clears the air on Keystone XL

  For many months, it’s been hard to determine the President’s exact position on the Keystone XL pipeline.  The President has frequently said that he is relying on the State Department’s review of the pipeline in order for the Secretary of State to decide whether to approve or reject it, and that review has been delayed several times. However, with the House of Representatives’ vote today in favor of the Keystone XL, the President made his clearest statement yet on the pipeline, and it was breath of fresh air.  According to the Washington Post: In a news conference Friday in Burma, the president rejected two of the most frequent arguments the project’s proponents have made on its behalf, saying he had “to constantly push back against this idea that somehow the Keystone pipeline is either this massive jobs bill for the United States or is somehow lowering gas prices.” “It is providing the ability of Canada to pump their oil, send it through our land down to the Gulf where it will be sold to everyone else,” he said. “It doesn’t have an impact on U.S. gas prices.” These are two of the most potent critiques of the pipeline, and are completely based in fact.  Analysis from Cornell Global Labor Institute demonstrates that the Keystone XL will only produce 35 permanent jobs.  No one disputes that oil produced by the Keystone XL is destined for boats that will take if […]

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