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Tag: fracking
With sub-$60 oil, fracking and tar sands losses threaten financial system
2014-12-17 10:56:00| Climate Ark Climate Change & Global Warming Newsfeed
Ecologist: A new financial crisis is threatening to dwarf the 'subprime' mortgage debacle, writes Paul Mobbs. Cheap money from central banks has fuelled some $1.3 trillion of risky investments in high-cost 'unconventional' oil and gas. Now, with oil sinking below $60, all that paper is turning to junk - and that's putting the entire economic system at risk. Throwing free money after bad, the US fracking industry mopped up a large wad of QE cash, and shortly after the number of drilling rigs in the US took...
Tags: system
financial
oil
losses
Stanford Professor Discusses Techniques For Minimizing Environmental Impacts Of Fracking
2014-12-17 04:24:47| oilandgasonline Home Page
Natural gas from hydraulic fracturing generates income and, done well, can reduce greenhouse gas emissions, air pollution and water use compared to coal and even nuclear energy.
Tags: techniques
environmental
professor
discusses
Why America Should Invest in Renewables, Not Fracking
2014-12-15 12:55:00| Climate Ark Climate Change & Global Warming Newsfeed
EcoWatch: Callie Roberts is a senior, studying cancer biology and environmental policy, at Duke University. She has been awarded the Teens for Planet Earth Award, Ashoka Youth Venture Award, Presidents Gold Volunteer Service Award, and Presidents Environmental Youth Award for her work with biofuels and environmental health. She is currently a student in Dr. Rebecca Vidras environmental science & policy class. We have all heard about Americas energy crisis, peak oil, and anthropogenic climate change....
Tags: america
invest
renewables
fracking
Surreal Aerial Photos Show Impact From Fracking
2014-12-15 12:52:00| Climate Ark Climate Change & Global Warming Newsfeed
EcoWatch: Sometimes it takes a birds eye view to get a sense of the full scope of whats being done to our land in pursuit of profit. A few weeks ago we ran some photos by artist Mishka Henner who creates projects that make people think about how we interact with our environment. Those photos showed industrial-scale feed lots, factory farms where thousands of animals are raised, taken from the air. He discovered them while flying over the country working on another project: aerial photos of oil drilling...
Tags: show
photos
impact
aerial
Alberta will not appeal court ruling that allows woman to sue over fracking
2014-12-10 00:01:39| Oil & Gas - Topix.net
Alberta will not appeal a court ruling that says a woman can sue the province over hydraulic fracturing that she alleges has so badly contaminated her well that the water can be set on fire. Jessica Ernst began legal action against Alberta's energy regulator and Calgary-based energy company Encana in 2007, and amended her statement of claim in 2011 to include Alberta Environment.
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