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Tag Archives: fracking
How Can Cameron Stop Fracking Causing Earthquakes? Easy. Change the Definition of Fracking.
How Can Cameron Stop Fracking Causing Earthquakes? Easy. Change the Definition of Fracking. David Cameron’s government has snuck a new definition of fracking onto the statute books – allowing hydraulic fracturing for shale gas to take place outside the new regulatory regime. Cuadrilla’s exploratory fracking, which caused two earthquakes in 2011 at Preese Hall in Lancashire, would not be classified […]
The Chilling Thing Devon Energy Just Said About the US Oil Glut
The Chilling Thing Devon Energy Just Said About the US Oil Glut The oil-price plunge hit the industry when it was drunk on its own exuberance and awash in money. At the time, over-indebted junk-rated drillers had no trouble borrowing even more to drill more, efficiently or not. Dreadful IPOs flew off the shelf. Misbegotten […]
Fracking Go-ahead For National Parks as Controversial Infrastructure Act Becomes Law
Fracking Go-ahead For National Parks as Controversial Infrastructure Act Becomes Law Weak fracking rules have officially been enshrined in law as the controversialInfrastructure Bill became an actlast night. The new act will see national parks and groundwater protection zones at riskfrom fracking as the government backtracked on amendments agreed only weeks ago to increase the safety of hydraulic fracturing for shale gas. […]
Never before has drilling for oil collapsed this far this fast.
Never before has drilling for oil collapsed this far this fast. The word “boom” can never be thought of as a stand-alone concept that everyone loves, particularly governments because they get to rake in the big bucks. It’s always attached to its miserable twin that no one wants to see, the “bust.” They come invariably in […]
Fracking Quakes Pose Added Risks and Require Study, Expert Warns
Fracking Quakes Pose Added Risks and Require Study, Expert Warns Researchers need more seismic data to understand unique hazards. One of Canada’s foremost experts on earthquake hazards recently told an audience of Calgary engineers that earthquakes triggered by hydraulic fracturing can exceed “what the natural hazard was in the first place” and pose risks to […]
Junk Science? Report Finds Shale Industry Cited ‘Retracted and Discredited’ Studies
Junk Science? Report Finds Shale Industry Cited ‘Retracted and Discredited’ Studies Since the beginning of the shale gas rush, the drilling industry has insisted that the process is relatively benign, arguing that its critics are simply fear-mongering and that a sober scientific review of the data fails to prove, for instance, that fracking has ever […]
Fracking set to be banned from 40% of England’s shale areas
Fracking set to be banned from 40% of England’s shale areas Guardian analysis reveals new rules agreed by government will make huge swath of protected areas off limits for shale gas exploration Fracking is set to be banned on two-fifths of the land in England being offered for shale gas exploration by the government, according […]
The High Cost of Capitalism
The High Cost of Capitalism In my book, The Failure of Laissez Faire Capitalism, I explain the concept of external or social costs. These are the costs associated with production that are not incurred by the producer but are inflicted on outside third parties, most often the environment, such as land, air, and water resources […]
Fracking Failure: Frackers In Pennsylvania Violate Health And Environmental Regulations On A Daily Basis
Fracking Failure: Frackers In Pennsylvania Violate Health And Environmental Regulations On A Daily Basis From the American Petroleum Institute’sclaim that fracking is “safely unlocking vast U.S. reserves of oil and natural gas” to Chris “Frack Master” Faulkner himselfinsisting “fracking isn’t contaminating anything,” the oil and gas industry constantly tells us that fracking can be done safely, despite plenty of evidence to the […]
Flustered Liz Truss Blames Civil Servants for Redacted Fracking Report Fiasco
Flustered Liz Truss Blames Civil Servants for Redacted Fracking Report Fiasco Liz Truss, the environment secretary, turned on her own department yesterday as the Tory government came under increasing criticism for its heavy-handed redactions to a controversial report about fracking. Truss, a Conservative member of the Cabinet, toldthe House of Commons there are “no plans” for […]
Leaked Document Could Shatter UK Shale Dreams
Leaked Document Could Shatter UK Shale Dreams U.K. Prime Minister David Cameron’s hopes for a British-style shale gas revolution recently took a major hit. Cameron has promised that his government will be “going all out” to develop Britain’s shale gas resources, which he argues will create new jobs and cut dependence on imported gas. But a committee […]
Did Alberta Just Break a Fracking Earthquake World Record?
Did Alberta Just Break a Fracking Earthquake World Record? Hydraulic fracturing, a technology used to crack open difficult oil and gas formations, appears to have set off a swarm of earthquakes near Fox Creek, Alberta, including a record-breaking tremor with a felt magnitude of 4.4 last week. That would likely make it the largest felt […]
‘The Drop in Oil Price Means We Need More Action on Climate Change Not Less’
‘The Drop in Oil Price Means We Need More Action on Climate Change Not Less’ This month, a powerful article in Nature highlighted yet again that most of the world’s oil, coal and gas needs to stay in the ground, if we want to prevent dangerous climate change. This is the “unburnable carbon” analysis that President Obama and Bank […]
Message to the UK: the fracking ‘bridge’ is burning!
Message to the UK: the fracking ‘bridge’ is burning! The lesson of fracking in the US and Canada is a simple one, writes Naomi Klein. The fracking industry is vicious, brutal and will stop at nothing to get its way. British anti-frackers can celebrate yesterday’s achievements – but the fight ahead will not be an […]
