A recent article by three professors of business, energy and economics looks at the role of patents on hydraulic fracturing, or fracking, the process of injecting pressurized water and chemicals into subterranean formations to extract natural gas.
I sympathize with those tasked with putting a precise dollar figure on the externalities of fossil fuels. Sure we know there are costs to society in terms of lung damage and long-term environmental damage, but what are they?
Chinese researchers have developed a method of removing oil from polluted water using tiny barbed spikes that mimic the natural design of a cactus. Writing in the journal Nature Communications, the Beijing-based researchers describe how arrays of tiny copper spikes, similar to the cone-shaped spikes of a type of cactus known as Opuntia microdasys, (more…)
Commenting on Monday’s ruling by a federal judge in Anchorage that Shell’s oil spill plans for drilling in Alaska’s Beaufort and Chukchi seas don’t violate environmental laws, Greenpeace International Arctic campaigner Ben Ayliffe said:
“Even a cursory glance at Shell’s oil spill response (more…)
44 workers have been evacuated from the platform. The rig is in the Gulf of Mexico which is where the Deepwater Horizon rig exploded in 2010, leaking (more…)
In the US shale natural gas is now dominating pricing and supply. In Europe the king had been Russia natural gas. Norway overtook Russia as the main supplier of the European Union’s natural gas in 2012 as stated by the chief economist for the British Petroleum Group chief said in unveiling a new energy report in Brussels. Christof Rühl, who is also a BP vice (more…)
As described here, legendary environmentalist Bill McKibben’s suggestion that folks sell their holdings in fossil fuel companies has been accepted by a gathering wave of universities, churches and synagogues, city governments and pension funds. According to the article, “In the last few months, fossil fuel divestment has turned into one of the fastest-growing protest (more…)
Memorial Day not only marks the day we pay tribute to those who have served in the United States Armed Forces, but it also marks the first unofficial weekend that kicks off the summer. With that said, tens of millions of Americans are expected to get away this weekend and according to an analysis by the Union of Concerned Scientists (UCS) Americans will spend (more…)