Tue, 2013-02-19 09:00Steve Horn
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Reports: Shale Gas Bubble Looms, Aided by Wall Street

Two long-awaited reports were published today at ShaleBubble.org by the Post Carbon Institute (PCI) and the Energy Policy Forum (EPF)

Together, the reports conclude that the hydraulic fracturing ("fracking") boom could lead to a "bubble burst" akin to the housing bubble burst of 2008.

While most media attention towards fracking has focused on the threats to drinking water and health in communities throughout North America and the world, there is an even larger threat looming.  The fracking industry has the ability - paralleling the housing bubble burst that served as a precursor to the 2008 economic crisis - to tank the global economy.

Playing the role of Cassandra, the reports conclude that "the so-called shale revolution is nothing more than a bubble, driven by record levels of drilling, speculative lease & flip practices on the part of shale energy companies, fee-driven promotion by the same investment banks that fomented the housing bubble..." a summary details. "Geological and economic constraints – not to mention the very serious environmental and health impacts of drilling – mean that shale gas and shale oil (tight oil) are far from the solution to our energy woes."

Tue, 2013-02-19 08:00Guest
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The Resurgence of an Evolving Climate Movement, Part 2

Ken Wu is executive director of Majority for a Sustainable Society (MASS) and co-founder of the Ancient Forest Alliance

For Part 1 of this article, click here.

In the first part of this article, I described what specific challenges the climate movement faces when confronting its own limiting tendencies as well as industry funded public relations campaigns. In this second part I outline what I think are four essential ways the climate movement must evolve in order to overcome these obstacles.

FIRST, we must become a lot more political, in the sense that it’s fundamentally the laws, policies, and agreements that shape our greater society and economy. And it’s our society and economy which are the foundations of our personal lifestyles. What is available, affordable, practical, and possible in our lifestyles is largely a product of the society in which we live – what clean energy sources exist at what price relative to dirty energy, how available public transit is, how well or poorly our cities are designed for walking, cycling, and accessing our needs, how energy efficient our buildings are, and so on.  

No individual is an island unto himself; the way we live is fundamentally shaped by the economy and society in which our lifestyles are nested.  

Mon, 2013-02-18 15:49Carol Linnitt
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Tar Sands Tailings Contaminate Alberta Groundwater

The massive tailings ponds holding billions of litres of tar sands waste are leaking into Alberta's groundwater, according to internal documents obtained by Postmedia's Mike De Souza.

An internal memorandum prepared for Natural Resources Minister Joe Oliver and obtained through Access to Information legislation says evidence confirms groundwater toxins related to bitumen mining and upgrading are migrating from tailings ponds and are not naturally occurring as government and industry have previously stated.

"The studies have, for the first time, detected potentially harmful, mining-related organic acid contaminants in groundwater outside a long-established out-of-pit tailings pond," the memo reads. "This finding is consistent with publicly available technical reports of seepage (both projected in theory, and detected in practice)."

This newly released document shows the federal government has been aware of the problem since June 2012 without publicly addressing the information. The study, made available online by Natural Resources Canada in December 2012, was still "pending release" at the time Minister Oliver was briefed of its contents in June.

Mon, 2013-02-18 10:56Guest
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The Keystone Principle

This is a guest post by KC Golden, originally published on GripOnClimate.org

The big President’s Day rally on the National Mall is more than a Keystone pipeline protest.  It’s a statement of principle for climate action.

After a year of unprecedented destruction due to weather extremes, the climate fight is no longer just about impacts in the future.  It’s about physical and moral consequences, now.  And Keystone isn’t simply a pipeline in the sand for the swelling national climate movement.  It’s a moral referendum on our willingess to do the simplest thing we must do to avert catastrophic climate disruption:  Stop making it worse. 

Sun, 2013-02-17 22:15Graham Readfearn
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How To Spot A Fake Grassroots Movement

PERHAPS somebody should write a pocket guide book with the title: "How to spot you've been suckered by a fake grassroots movement".

Once it's written, these guide books could be distributed free of charge to crowds at anti-carbon tax rallies, US Tea Party marches and pretty much any gathering of a "movement" telling you that you're freedom is being put at risk by big governments, nanny states, new world orders or communists disguised as climate scientists or public health professionals.

But why the sudden need for the guide?

There's now emerging evidence that if these really are "grassroots" movements, then many of the seeds and the fertilisers are being supplied by major corporations and "libertarian" billionaires. It turns out that the US Tea Party movement and its calls for "freedom" from government intervention wasn't some organic uprising of community concern after all.

A new academic study documents how the Tea Party was envisioned and planned by tobacco company executives in concert with Citizens for a Sound Economy, a group established by oil billionaire brothers David and Charles Koch.

As reported on DeSmogBlog, the study "‘To quarterback behind the scenes, third-party efforts’: the tobacco industry and the Tea Party" shows how the industry wanted to hide their profit motive and fear of the government regulating their deadly products behind a "movement to change the way that people think", as R.J Reynolds Tobacco's head of national field operations Tim Hyde described it.

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