Archive for March 1st, 2013

Canada: Keystone XL focus shifts to climate change, oil lobby says

National Post: A delegation of oil sands CEOs “couldn’t get a clear reading” in Washington this week over whether Barack Obama’s renewed focus on climate change means more uncertainty for the proposed Keystone XL pipeline, an executive with the Canadian Association of Petroleum Producers said Thursday. The climate discussion, the carbon discussion, is clearly back as being a priority issue The Canadian lobby group and a handful of Canadian oil patch leaders met with members of Congress, the administration...

Natural capital: avoiding the next financial crisis

Chinadialogue: Nature underpins global wealth creation. The renewable flow of goods and services provided by the earth's ecosystems buttress our economy and yield benefits for business. But this stock of ecosystems -- also known as "natural capital' -- is largely invisible in financial decision-making. As a result, natural capital does not appear on the balance sheets of businesses and is largely unaccounted for in financial products. Take for instance an investor in London, Shanghai or New York who finances...

Youngstown gas driller indicted, accused of dumping fracking waste into river

Plain Dealer: A federal grand jury returned an indictment against the owner of an oil and gas drilling company on Thursday, charging him with violating the Clean Water Act by dumping more than 20,000 gallons of fracking waste into a river in Youngstown. In addition to the charges against Benedict Lupo, 62, of Poland, Ohio, the grand jury also returned Clean Water Act indictments against Lupo`s company, Hardrock Excavating, and an employee of the company, Michael Guesman, 34, of Cortland. Guesman previously...

Why you should sweat climate change

USA Today: More American children are getting asthma and allergies, and more seniors are suffering heat strokes. Food and utility prices are rising. Flooding is overrunning bridges, swamping subways and closing airport runways. People are losing jobs in drought-related factory closings. Cataclysmic storms are wiping out sprawling neighborhoods. Towns are sinking. This isn't a science-fiction, end-of-the-world scenario. Though more anecdotal than normal - today, at least - these scenes are already playing...