Environment

Financed Emissions: A Big Problem for Banks, and a Bigger Problem for the Climate

What is the total greenhouse gas footprint of Citigroup, Bank of America, or UBS? Right now, we don’t know, and that’s a major problem for both banks and the climate.
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Alert Issued at Oyster Creek Nuclear Power Facility in NJ

The Nuclear Regulatory Commission issued a flood-related alert for the Oyster Creek Plant in Lacey Township. From their press release:
The U.S. Nuclear Regulatory Commission is continuing to monitor impacts from Hurricane Sandy on nuclear power plants in the Northeastern United States, including an Alert declared at the Oyster Creek nuclear power plant in New Jersey. The plant, currently in a regularly scheduled outage, declared the Alert at approximately 8:45 p.m. EDT due to water exceeding certain high water level criteria in the plant's water intake structure.
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Conference Board of Canada: Economic Benefits of Tar Sands Hinge On Climate Inaction

By 2035 operators in Alberta's tar sands expect to produce 5 million barrels of the world's most environmentally dirty and energy intensive oil per day. Current daily production hovers around 2 million barrels. According to a recent Conference Board of Canada report, projected expansion of the tar sands will require roughly $364 billion in investment over the next 25 years and will create significant economic benefits for both Canada and the US..
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Global Insurers Call BS On Climate Deniers

I live in South Jersey, so yeah, Sandy is about to make my life uh interesting.
So before the power/interweb goes out let me reiterate a point that is not made often enough in the climate change debate - Big Business is not united in their denialism.
One sector that is particularly immune to fossil fuel propaganda is the global insurance and reinsurance industry - because unlike consumers or politicians they are on the hook when the reality of Climate Change strikes.
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North America Behind The Curve On Climate Change and Energy

Just three short years ago, it appeared that North America was on the verge of finally kicking that nasty dirty energy addiction that was crippling our economies and our energy independence.  The United States had elected a president (Barack Obama) who set incredibly lofty goals for renewable energy targets, and green energy investments across the continent were higher than anywhere else in the world.
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Groups Call On EPA To Close Fracking Disclosure Loopholes

Seventeen public interest groups, including the Environmental Integrity Project (EIP), have petitioned the U.S. Environmental Protection Agency (EPA) to close a loophole in U.S. laws that allows hydraulic fracturing operations to be exempt from disclosing the pollutants they release each year.
Under the...
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'I Ain’t Collateral Damage. I Am Somebody'

Larry at the Tar Sands Action with Teri Blanton from Kentucky and Texas landowner David Daniel
This past weekend I went to West Virginia to say goodbye to my friend Larry Gibson.
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Tobacco Apologist Steve Milloy's EPA Human Testing Scare Campaign

Oh, the irony. A guy who built his career -- and fortune -- by muddying the science on the health effects of smoking is now accusing the E.P.A. of harming lungs and causing heart problems.
Steve Milloy, the former Big Tobacco flack who now runs the trashy haven for climate denial JunkScience.com, is waging a veritable war on the E.P.A. for their research on the effects of smog (or soot, or fine particulates, or PM 2.5 if you want to get really technical) on the cardiovascular and respiratory systems.
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Athabasca Chipewyan First Nation Challenges Shell in Legal Hearing

The ACFN participated in a Fort McMurray rally today, asking for individuals, organizations and communities across Canada to stand in solidarity with their tribe.
"We are here today because a legal challenge may be the only remaining piece of law that can stop the destruction of our land," said Allan Adam, chief of the ACFN. "We are thankful for the mountain of support we've been receiving. People understand the significance of this challenge and what we must do for our land."
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Non-Profit Study: Coal Investments, Shale Gas, a Bad Bet

In a missive titled "White Paper: Financial Risks of Investments in Coal," As You Sow concludes that coal is becoming an increasingly risky investment with each passing day. The fracking boom and the up-and-coming renewable energy sector are quickly superseding King Coal's empire as a source of power generation.
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