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US wind industry slammed by tax uncertainty, fracking

2014-04-20 04:13:00| Climate Ark Climate Change & Global Warming Newsfeed

USA Today: Once a booming industry, U.S. wind power saw its growth plummet 92 percent last year as it wrestled with tax uncertainties and cheap natural gas. The industry is still growing but not nearly as fast, says a report by the American Wind Energy Association. It added a record 13,131 megawatts of power in 2012 but that fell to only 1,087 MW last year the lowest level since 2004. One reason was investors uncertainty that Congress would renew a federal wind tax subsidy. People didnt know it would...

Tags: industry tax wind uncertainty

 

The fracking divide: Mexicos oil frontier beckons U.S. drillers in wake of new law

2014-04-19 21:11:00| Climate Ark Climate Change & Global Warming Newsfeed

Washington Post: The geological marvel known to Texas oilmen as the Eagle Ford Shale Play is buried deep underground, but at night you can see its outline from space in a twinkling arc that sweeps south of San Antonio toward the Rio Grande. The light radiates from thousands of surface-level gas flares and drilling rigs. It is the glow of one of the most extravagant oil bonanzas in American history, the result of the drilling technique known as hydraulic fracturing, or fracking. After the passage of a landmark...

Tags: law oil wake divide

 
 

Wisconsin debates fracking as sand mining for drilling booms

2014-04-18 18:48:00| Climate Ark Climate Change & Global Warming Newsfeed

CBS: In Wisconsin, residents are having an emotional debate over fracking. The state is rich in a special kind of sand used in that controversial gas drilling technique, and mining companies are lining up to get to it. That means jobs, and lots of them. But some residents fear the sand mining boom is ruining their farmland -- not to mention their health. Dean Reynolds reports.

Tags: wisconsin sand mining debates

 

US Underestimates Methane Emissions From Fracking Report

2014-04-17 13:44:00| Climate Ark Climate Change & Global Warming Newsfeed

Ria Novosit: The amount of methane emitted by natural gas extraction, including fracking, is grossly underestimated by the Environmental Protection Agency (EPA), according to a new study published in the US-based Proceedings of the National Academy of Sciences (PNAS). Thirteen scientists from different academic and research institutions and fields co-authored the report, which used special airborne instruments to identify large sources of methane and quantify emission rates in southwestern Pennsylvania....

Tags: report emissions methane underestimates

 

Brits: We Prefer Onshore Wind Farms Over Fracking

2014-04-17 03:50:00| Climate Ark Climate Change & Global Warming Newsfeed

CleanTechnica: The majority of people in Britain would prefer to live near a wind farm than a fracking site, new YouGov research commissioned by Ecotricity revealed today. When given the choice, 62% said they would rather have a wind farm in their local council area than a fracking site, with just 19% preferring to have fracking nearby. The research comes as Ecotricity founder Dale Vince today accused the Government of contradicting its own research on public attitudes to onshore wind. The Department...

Tags: wind prefer farms brits

 

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