Archive for February 21st, 2013

Moniz: Shale Gas Boom a Low-Carbon Solution—for Now

InsideClimate: The likely nomination of nuclear physicist Ernest Moniz to lead the Department of Energy has drawn criticism from some environmentalists who say his support for natural gas and close ties to industry would undermine efforts to tackle climate change. Moniz strongly favors natural gas as a "bridge fuel" and directs the MIT Energy Initiative, a research program at the Massachusetts Institute of Technology that is funded by some of the world's largest fossil fuel companies. "His appointment to the DOE...

John Kerry Speech Ominous for Keystone XL Pipeline

Associated Press: In yet another potentially ominous sign for TransCanada's Keystone XL pipeline, John Kerry used his first major address as secretary of state on Wednesday to make an urgent call for comprehensive action on climate change. "We as a nation must have the foresight and courage to make the investments necessary to safeguard the most sacred trust we keep for our children and grandchildren: an environment not ravaged by rising seas, deadly superstorms, devastating droughts and the other hallmarks of...

Coal country bank first to report carbon footprint to shareholders

Mother Jones: There's a growing interest among enviros these days in combating climate change with direct offensives against the fossil fuel industry, sights locked on its bottom line. The idea is that while we scramble to invent more efficient light bulbs and throw up solar panels, we also chip away at the mountain of money that gives the industry its power, by turning shareholders on to the idea that unwise investments can make them accomplices in global warming. Activist investment is nothing new, of course,...