Last week the US stock market experienced a major hiccup as it now appears the US economy is softening in areas and the ‘Trump Trade’ may not materialize. Dr. Rasmus explores the soft spots in the US economy in US policy, business spending, household consumption, trade and government spending. Consumer and Corporate debt data released by the NY Federal Reserve …
Lorraine Chow – Big Oil Cheers as Trump Plans to Open National Parks for Drilling
America’s national parks are already under threat, but will our beloved public lands survive Donald Trump‘s incoming presidency? The president-elect plans to open up federal lands for more energy development and, according to Reuters, energy companies and industry lobbyists are already expecting a flurry of new federal drilling and mining leases with the incoming administration. “This opportunity is unique, maybe …
Reynard Loki – Trump Declares All-Out War on Environment With Fossil Fuel-Loving, Climate Change-Denying Cabinet Nominees
Scientists warn in a major new reportthat the increasingly rapid melting of Arctic ice could potentially be irreversible and have severe implications not just for Arctic ecosystems, but for the entire planet. “The warning signals are getting louder,” said Marcus Carson of the Stockholm Environment Institute and one of the lead authors of the report, adding that these developments “also …
US drives rainforest destruction by importing Amazon oil, study finds
US imports of crude oil from the Amazon are driving the destruction of some of the rainforest ecosystem’s most pristine areas and releasing copious amounts of greenhouse gases, according to a new report. The study, conducted by environmental group Amazon Watch, found that American refineries processed 230,293 barrels of Amazon crude oil a day last year. And California, despite its green reputation, …
Pam Frost Gorder – New genus of bacteria found living inside hydraulic fracturing wells
Researchers analyzing the genomes of microorganisms living in shale oil and gas wells have found evidence of sustainable ecosystems taking hold there—populated in part by a never-before-seen genus of bacteria they have dubbed “Frackibacter.” The new genus is one of the 31 microbial members found living inside two separate fracturing wells, Ohio State University researchers and their colleagues report in …
Nika Knight – EPA’s Own Advisory Board Demands Revision of Deeply Flawed Fracking Report
The Environmental Protection Agency’s (EPA) Science Advisory Board, a panel of independent scientists, is calling on the agency to revise last year’s much–maligned report that declared fracking to have “no widespread, systemic impacts on drinking water resources.” “The EPA’s own analysis shows that dirty oil and gas fracking contaminates drinking water, confirming what millions of Americans already know.” —Lena Moffitt, Sierra Club As the Washington Post reports: The …
Dr Gideon Polya – Paris Climate Agreement Betrays Humanity Which Must Apply Boycotts, Divestment And Sanctions (BDS) Against Climate Criminal People, Corporations & Countries
The weak, non-binding and dishonest Paris Climate Agreement will have delighted climate criminal and war criminal nations likeSaudi Arabia, the US and US lackey Australia, but has betrayed our children, grandchildren, future generations, the Developing World, Humanity and the Biosphere – the target of 1.5 to 2 degrees C is both unavoidable and catastrophic and key matters are non-binding. The Paris betrayal demands a peaceful, …
Bill McKibben – Why the Earth Is Heating So Fast: Physics Doesnt Negotiate
President Obama is visiting Alaska this week — a territory changing as rapidly as any on earth thanks to global warming. He’s talking constantly about the danger that climate change poses to the planet (a welcome development given that he managed to go through virtually the entire 2012 election without even mentioning it). And everything he’s saying is right: we are a …
EPA study whitewashes the effects of fracking By Philip Guelpa
The US Environmental Protection Agency (EPA) released the final draft of a study last month on the effects on drinking water of fracking (high volume hydraulic fracturing for the extraction of oil and natural gas). The study had been requested by Congress in 2010. An earlier, 2004, EPA study had found that fracking had no adverse effect on drinking water. …
Frackquake Madness!: 35 Fracking Earthquakes Rock Oklahoma in a Week By Emerson Urry
Oklahoma City, Oklahoma — Historically speaking, Oklahoma used to be a place where almost no palpable earthquakes happened at all — but hydraulic fracturing, a.k.a. “fracking” has changed all that now. Between the dates June 17 and June 24, 2015, Oklahoma was jolted by 35 earthquakes greater than magnitude 3.0 due to fracking and fracking wastewater injection activities the Oklahoma …
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