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Warren Buffett Exposed: The Oracle of Omaha and the Tar Sands

On January 23, Bloomberg News reported Warren Buffett's Burlington Northern Santa Fe Railway (BNSF), owned by his lucrative holding company Berkshire Hathaway, stands to benefit greatly from President Barack Obama’s recent cancellation of the Keystone XL pipeline

If built, TransCanada's Keystone XL (KXL) pipeline would carry tar sands crude, or bitumen (“dilbit”) from Alberta, B.C. down to Port Arthur, Texas, where it would be sold on the global export market

If not built, as revealed recently by DeSmogBlog, the grass is not necessarily greener on the other side, and could include increased levels of ecologically hazardous gas flaring in the Bakken Shale, or else many other pipeline routes moving the prized dilbit to crucial global markets.

Rail is among the most important infrastructure options for ensuring tar sands crude still moves to key global markets, and the industry is pursuing rail actively. But transporting tar sands crude via rail is in many ways a dirtier alternative to the KXL pipeline. “Railroads too present environmental issues. Moving crude on trains produces more global warming gases than a pipeline,” explained Bloomberg.

A key mover and shaker behind the push for more rail shipments is Warren Buffett, known by some as the “Oracle of Omaha” — of "Buffett Tax" fame — and the third richest man in the world, with a net worth of $39 billion. With or without Keystone XL, Warren Buffett stands to profit enormously from multiple aspects of the Alberta Tar Sands project. He also, importantly, maintains close ties with President Barack Obama.


Read more: Warren Buffett Exposed: The Oracle of Omaha and the Tar Sands



Media Matters Analysis Shows Keystone XL Proponents Dominated Media

A compelling new study from Media Matters for America reveals that proponents of the Keystone XL pipeline were granted far more time in the media than those who opposed it. As their study reveals, the majority of the coverage of the proposed pipeline regarded the creation of jobs, which was overwhelmingly discussed in a positive light, with most news outlets reporting only the industry’s own analysis of the jobs that would be created, even as reports repeatedly showed the industry’s job numbers to be false.

In general, the report shows that the pipeline issue was often covered in a positive light, with industry “experts” being quoted or hosted on TV news programs, as well as in print. The only two print outlets that the study found to have reported more negatively about the pipeline were The Los Angeles Times and USA Today. However, they note that the USA Today editorial board did come out in favor of the pipeline.

Here is a chart detailing coverage by type of media outlet:


Read more: Media Matters Analysis Shows Keystone XL Proponents Dominated Media



Climate Change Spin A Growing Problem For Fox News

When it comes to climate change denial, a new study shows that the folks at Fox News are leading the pack. Through politically-charged news segments and commentary, Fox News personalities are helping spread misinformation about climate change while convincing their viewers that scientists are torn on the issue.

The International Journal of Press/Politics has published a new study titled “Climate on Cable: The Nature and Impact of Global Warming Coverage on Fox News, CNN, and MSNBC,” [PDF] which details the ways in which the major American news outlets are reporting stories on climate change.

From the report:

National surveys reveal that many Americans do not believe that scientists are in agreement over this issue. More troubling, the number of Americans who believe that global warming is happening and that it is a result of human activities has declined in recent years: In April 2008, 71 percent of Americans perceived solid evidence for global warming, relative to only 57 percent in October 2009. And while President Obama has pledged that passing legis- lation to curb pollution that contributes to global warming is a priority of his admin- istration, in January 2009, Americans ranked global warming last in a list of twenty policy issues that they felt were important for the president and Congress to address. These surveys also point to stark partisan divides in global warming perceptions, with Democrats far more likely to accept the evidence for the human causes of global warming and to consider environmental protection a policy priority than Republicans.

The views that many Americans have towards climate change are clearly reflected in the cable news arena. Fox News, sadly, has the highest ratings of any other cable news organization, and the study shows that their viewers are for more likely to believe that manmade climate change isn’t happening. More from the study:

Of the three networks, Fox News was simultaneously the least likely to be accepting and the most likely to be dismissive of climate change. Nearly 60 percent of Fox News broadcasts were dismissive of climate change, whereas less than 20 percent were accepting of climate change. On the other hand, more than 70 percent of CNN and MSNBC broadcasts were accepting of climate change. Not a single MSNBC broadcast took a dismissive tone toward climate change and just 7 percent of CNN broadcasts did so.

Read more: Climate Change Spin A Growing Problem For Fox News



Climate Skeptic Pat Michaels Admits On CNN Forty Percent of His Funding Comes From Oil Industry

Notorious climate skeptic Pat Michaels of the CATO Institute finally admitted openly on CNN this weekend that 40 percent of his funding comes from - wait for it - Big Oil. 

DeSmogBlog readers have known for years about Michaels’ long-time association with a network of at least eleven think tanks and industry front groups funded by ExxonMobil. Many of these same outlets have received funding from other oil interests like the Koch Family Foundations.

Michaels’ admission that he receives around 40 percent - his guess - of his funding from Big Oil is important, because he is quoted widely in the media for his skepticism about manmade climate change.  As the ExxonSecrets profile of Pat Michaels sums up well, he is “possibly the most prolific and widely-quoted climate change skeptic scientist.”

Fareed Zakaria deserves a round of applause for challenging Michaels directly to cough up a figure for how much oil money he receives to defend the status quo fossil fuel addiction and to confuse the public about the threat of climate change.  Far too few journalists bother to ask that question, and Zakaria has sent a much needed reminder to journalists - it is your job to expose the potential conflicts of interest among your interviewees.  Zakaria gets an A+ for outing Michaels’ oily funding.


Read more: Climate Skeptic Pat Michaels Admits On CNN Forty Percent of His Funding Comes From Oil Industry



Obama’s Cap and Trade Costs vs. GOP’s Lies, Damned Lies and Statistics

The quote (lies, damned lies and statistics) is from 1840’s British statesman Benjamin Disraeli, but the political scene remains unchanged 170 years later. The Republicans would have you believe that President Barack Obama’s proposed cap-and-trade emissions plan will cost the average American family $3,000 a year if implemented.

If, as they say, a lie oft repeated becomes the truth, Fox News, CNN, Politifact and Roll Call are clearly in the business of “retruthing” the administration’s cap-and-trade proposals by parroting the GOP’s lie. Shamelessly, in fact, since none of the above-mentioned media sources (or their reporters) even bothered to question the figures presented them like so much frosting on a truly toxic fossil-fuel cake.


Read more: Obama’s Cap and Trade Costs vs. GOP’s Lies, Damned Lies and Statistics



Anti-Gore Hate Mail Campaign Too Obvious to Be Believed

If you’re looking for  evidence of the gathering campaign to game the public conversation about climate change, check out this CNN post of Al Gore’s presentation to the Senate Foreign Relations Committee.

Scroll to the bottom of the story and you will see that in less than two hours from the time of posting, the story attracted more than 150 comments, nearly all of them hysterical, bitchy, vitriolic sneers or classic denier talking points.

In a country that just elected President Barack Obama, this is not a representative sample - and I don’t believe for a minute that this is accidental. It would be interesting if CNN could check the IP addresses (or maybe, the IP ADDRESS) on these enthusiastic media consumers. I suspect that would prove this is a fix.


Read more: Anti-Gore Hate Mail Campaign Too Obvious to Be Believed



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Help us clear the PR pollution that clouds climate science.

About the climate cover-up

About the climate cover-up

Democracy is utterly dependent upon an electorate that is accurately informed. In promoting climate change denial (and often denying their responsibility for doing so) industry has done more than endanger the environment. It has undermined democracy.

There is a vast difference between putting forth a point of view, honestly held, and intentionally sowing the seeds of confusion. Free speech does not include the right to deceive. Deception is not a point of view. And the right to disagree does not include a right to intentionally subvert the public awareness.


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