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Fracking

Gavin Newsom Hands Out Fracking Permits To Connected Driller

On June 1, in the midst of the turmoil created by the coronavirus pandemic and the death of George Floyd in Minneapolis, California Gov. Gavin Newsom’s administration quietly issued 12 fracking permits to Aera Energy, a joint venture owned by ExxonMobil and Shell. The fracking permits are the latest example of California’s oil industry benefiting from regulatory or deregulatory action during the COVID-19 pandemic and came just months after the Newsom administration said it supported taking actions to “manage the decline of oil production and consumption in the state.” Aera, which also received 24 permits from the California Geologic Energy Management Division (CalGEM) on April 3 during the early days of COVID-19, has well-connected lobbyists in its corner who work for the firm Axiom Advisors.

Could COVID-19 Spell The End Of The Fracking Industry?

It has always been known that the oil and gas industry only survives by way of debt financing. Fracking is capital intensive, and very few companies involved ever actually even turn a profit in excess of the cost of capital. Instead, they have always operated by dependency on cheap money from Wall Street banks to finance their drilling and operations. Fred Nathan is the executive director of Think New Mexico, an independent nonpartisan statewide think tank whose mission is “to improve the quality of life for all New Mexicans, especially those who lack a strong voice in the political process.” Nathan said that the contraction of the oil and gas industry in New Mexico is a “cause for deep concern” for the state budget, because every time the price of a barrel of oil drops $1, the state’s general fund takes a $22 million hit.

Rights Of Nature Law Forces Revocation Of Fracking Permit

Grant Township, Indiana County, Pennsylvania - In an extraordinary reversal, last week, the Pennsylvania Department of Environmental Protection (DEP) revoked a permit for a frack waste injection well in Grant Township. DEP officials cited Grant Township’s Home Rule Charter banning injection wells as grounds for their reversal. Injection wells are toxic sewers for the fracking industry that cause earthquakes, receive radioactive waste, and threaten drinking water and ecosystems.  Township residents popularly adopted a Home Rule Charter (local constitution) in 2015 that contains a “Community Bill of Rights.” The Charter bans injection wells as a violation of the rights of those living in the township and recognizes rights of nature.

Is The U.S. Fracking Boom Based On Fraud?

In a 2016 interview with Fraud Magazine, former Enron CFO Andrew Fastow explained what he thought made him so successful while at the former energy corporation that's now infamous for financial scandal. “I think my ability to do structured financing, to finance things off-balance sheet and to find ways to manipulate financial statements — there's no nice way to say it. Like I said at the conference, I was good at finding loopholes.”

Bridge To Climate Chaos: Time For A Nationwide Fracking Ban

WASHINGTON - As the country makes little progress on reducing greenhouse gas emissions, new research calls into question the supposed climate benefits of the switch from coal to fracked gas-fired power generation. That finding comes in Fracking’s Bridge to Climate Chaos: Exposing the Fossil Fuel Industry’s Deadly Spin, a new report from the national advocacy group Food & Water Watch.

Canadian Doctors Demand Fracking Moratorium On Health & Climate Grounds

Within the report, concerns focus on negative health outcomes from environmental toxins such as naturally occurring radioactive materials (NORMs); the complex level of chemicals used in the fracking process, and the varying degree of toxicity these carry to impact to human health; water contamination through poor regulatory monitoring; psychological and mental impacts from living close to unconventional gas developments...

After A Decade Of Fracking, Billions Of Dollars Lost And A Climate In Crisis

As 2020 begins, the impacts of climate change have become increasingly clear around the world. The new year started amid devastating wildfires, tied to the worst droughts Australia has experienced in hundreds of years, which encircled much of the continent. So far, 29 people have been reported dead. A University of Sydney professor estimated the number of animals killed likely tops one billion.

This Problem With Fracked Oil And Gas Wells Is Occurring ‘At An Alarming Rate’

On February 15, 2018, a fracked natural gas well owned by ExxonMobil's XTO Energy and located in southeast Ohio experienced a well blowout, causing it to gush the potent greenhouse gas methane for nearly three weeks. The obscure accident ultimately resulted in one of the biggest methane leaks in U.S. history. The New York Times reported in December that new satellite data revealed that this single gas well leaked more methane in 20 days than an entire year's worth of methane released by the oil and gas industries in countries like Norway and France.

Environmental Groups Sue Trump Administration Calling Plan To Open Millions Of Acres Of Public Land To Fracking ‘Illegal’

Environmental groups are pushing back on the Trump administration’s decision to expand fracking in California. A lawsuit filed in Los Angeles on Tuesday challenges the Bureau of Land Management’s plan to open more than a million acres of public lands in Central California to oil and gas leasing, Common Dreams reported. Calling BLM’s fracking plan “illegal” and a “disaster for Central Valley communities,” the Center for Biologocal Diversity is joined by the Natural Resources Defense Council, the Central California Environmental Justice Network...

Weymouth And Quincy Communities Assaulted By Enbridge’s Reckless Construction Practices

Construction of a fracked gas compressor station in Weymouth, MA, started after the Federal Energy Regulatory Commission (FERC) issued a Notice to Proceed with Construction on November 27, the day before Thanksgiving. A spokesman for the energy company Enbridge at the time wrote in an email: “We remain committed to ensuring construction activities are conducted in compliance with all applicable requirements, with public health and safety as our priority.”

As Fracking Companies Face Bankruptcy, US Regulators Enable Firms To Duck Cleanup Costs

In over their heads with debt, U.S. shale oil and gas firms are now moving from a boom in fracking to a boom in bankruptcies. This trend of failing finances has the potential for the U.S. public, both at the state and federal levels, to be left on the hook for paying to properly shut down and clean up even more drilling sites. Expect these companies to try reducing their debt through the process of bankruptcy and, like the coal industry, attempting to get out of environmental and employee-related financial obligations. In October, EP Energy — one of the largest oil producers in the Eagle Ford Shale region in Texas — filed for bankruptcy because the firm couldn't pay back almost $5 billion in debt, making it the largest oil and gas bankruptcy since 2016.

Chile’s Warning To The World + The Untold Story Of Fracking

COP 25 is over and the people have spoken – from Chile to Madrid, largely indigenous-led protests are highlighting the uselessness of these climate summits and the danger of falling for greenwashed false solutions in the age of climate chaos. Next, you've likely heard of fracking, but do you know about frac sand mining? Ted Auch from Frac Tracker takes us into this seldom-discussed world of environmental destruction.

Massive Cricket Valley Fracked Gas Plant Shut Down By NY Protesters

Wingdale, NY – Impacted residents and supporters from across the Northeast, including local farmers, used a tractor blockade and climbed a 275ft tall smokestack halting construction of the Cricket Valley fracked gas power plant for a day on November 6, 2019, citing the plant’s large contribution to climate change and local air pollution, they are calling on Governor Cuomo to shut down the fracked gas power plant for good.

After Second Deadly Crash, Regulators Say Trucks Leaking Fracked Gas Cargo Are Fine

Last Friday, October 11, a “Virtual Pipeline” truck carrying compressed natural gas crashed on a highway in Orange, Massachusetts, killing the driver, leaking the potent greenhouse gas methane into the atmosphere, and leading local authorities to evacuate nearby residents. “Let me put this in perspective, if one of these trucks blew up in the right conditions, it could destroy a neighborhood,” said Bill Huston, director of a research and advocacy program called Terra Vigilate, and one of a small group of advocates raising awareness about the extreme risks of fire and explosion of Virtual Pipeline trucks.

States With Fracking Bans Are Still Building Fracking Infrastructure

Fracking bans have begun to sweep across the world, with Ireland, France, Germany and Bulgaria declaring a moratorium on the deadly fossil fuel process. While the U.S. is lagging behind in the effort to stop the ill effects of global climate crisis, states like Vermont, Washington, Maryland and New York have passed bans. Both Georgia and Florida have attempted these bans as well. Banning fracking isn’t enough, though. Fracking infrastructure is being built in states with bans and is continuing the fossil fuel industry’s race to drain the remaining dirty energy sources from the Earth.

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