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Economic Update – Which Way for US Economy? – 12.03.17

Updates on Uber’s corrupt profiteering, sugar producers immoral cancer research, Trump’s personal business, neglecting New York subways, UK’s historic wage decline, and Norway’s sovereign wealth fund. Interview with economist Stephanie Kelton, adviser to Bernie Sanders. Download this episode (right click and save)

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Emerson Urry – The Department of Defense Is the Third Largest Polluter of US Waterways

Advocacy group Environment America has “crunched the numbers” in an effort to reveal who the largest polluters of American waterways are. The culprits that crack the top-15 list may very well surprise you. If you ask people on the street who America’s biggest water polluter is, for many, oil Goliaths like Exxon or Chevron might be first to come to …

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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 …

Drilling & Nuclear Power in the Arctic by ROBERT HUNZIKER

In the farthest regions of the north, the Russians have already drilled, but the Americans are coming. Shell makes preparation to drill. So it is, the most distant Northern Hemisphere will never be the same. Not only that, but astonishingly, Russia is doubling down on its risky energy play with grandiose plans to power Arctic drill rigs with floating nuclear …

Obama

Obama’s Catastrophic Climate-Change Denial – BILL McKIBBEN

THE Obama administration’s decision to give Shell Oil the go-ahead to drill in the Arctic shows why we may never win the fight against climate change. Even in this most extreme circumstance, no one seems able to stand up to the power of the fossil fuel industry. No one ever says no. By “extreme” I don’t just mean that Shell …

Finally, Some Climate Crisis Honesty: Forget About a 2˚C Future; It Will be 4˚-6˚C Degrees, and Soon – Dave Lindorff

A tectonic shift is occurring suddenly in the debate over climate change. Only a year ago, at least in the US corporate media, there was always a rough equivalence accorded to those experts who were warning about a looming climate disaster facing mankind, and those who called the whole thing a “conspiracy” by corrupt scientists and politicians (albeit without ever …

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How You Can Help Prevent an Arctic Nightmare – Michael Brune

I had a terrible nightmare: President Mitt Romney approved Shell Oil’s drilling plans for the Chukchi Sea off the coast of Alaska. He did it even though his own Department of the Interior calculated that the odds of a large oil spill were 75 percent. He did it even though no proven method exists to respond to such a spill. He did …

oil and nuclear

Oil Wars: Fracking, Manipulation, and the Future of Our Energy System – Karl Grossman

Manipulation of the petroleum market is not new. John D. Rockefeller with his Standard Oil Trust mastered it between the end of the 19th and start of the 20th Century. Rockefeller and his trust succeeded in controlling virtually all the oil industry in the United States and also dominating the international market. The Standard Oil Trust fixed prices, set production …

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Shell’s Climate Change Strategy: Narcissistic, Paranoid, And Psychopathic

In an open letter to Shell’s Ben Van Beurden, the UK’s former top climate envoy says now is the time for him to show leadership Dear Mr. van Beurden – one month ago, at the IP Week dinner in London, you gave a speech calling on your peers, as you put it in your title, to be “Less Aloof, More …

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OIL AND GASOLINE PRICES COULD DOUBLE BY THE FALL, SAYS EX-SHELL CEO

Enjoying those prices at the pump? You might not want to get used to them. A former top oil executive says the price of gas at the pump could double by the end of the year. In an interview with CNBC, former Shell Oil President John Hofmeister predicts that U.S. oil could skyrocket from the current levels under $48 a …