By Megan Darby, Climate Home News
The UK ...
Ian Anderson, president of Kinder Morgan Canada Ltd., must be laughing all the way to check on his stock options since the Trudeau government offered to use public funds to bail out the company’s...
In 2008, Aubrey McClendon was the highest paid Fortune 500 CEO in America, a title he earned taking home $112 million for running Chesapeake Energy. Later dubbed “The Shale King,” he was at the forefront of the oil and gas industry's next boom, made possible by advances in fracking, which broke open fossil fuels from shale formations around the U.S.
What was McClendon’s secret? Instead of running a company that aimed to sell oil and gas, he was essentially flipping real estate: acquiring leases to drill on land and then reselling them for five to 10 times more, something McClendon explained was a lot more profitable than “trying to produce gas.” But his story may serve as a cautionary tale for an industry that keeps making big promises on borrowed dimes — while its investors begin losing patience, a trend DeSmog will be investigating in an in-depth series over the coming weeks.
While big coal and big oil have spent millions on disinformation about climate change, the Bush Administration has upped the ante by turning industry-generated denial into a government policy of censorship.
The targets are some of the most respected climate scientists in the U.S.
Jim Hansen, a NASA researcher who first told the U.S. in 1988 that “global warming is at hand,” complained recently he is being muzzled by officials in his own agency. His sin: suggesting that we need to act quickly to reduce carbon emissions. As a result, NASA brass ordered the agency's public information staff to review any future statements, including interviews with journalists, by its scientists.
Last year, the famous “hockey-stick” graph by researchers Michael Mann, Raymond Bradley and Malcolm Hughes, came under fire when it was deemed inaccurate by two Canadians – Stephen McIntyre, a minerals and oil consultant, and Ross McKitrick, and economist – neither of whom have any background in climate science.
If you wake up and see a reasonable scientific argument, go back in your hole for six weeks …
Actually, this is a bad set-up for a great Molly Ivins column on the Bush Administration’s handling of the climate file. Molly doesn’t quite nominate Punxsutawney Phil for President, but she allows: “At least he doesn’t lie about the weather.” Phil, that is. Not the president …
The American Association of Petroleum Geologists is presenting its annual journalism award this year to Michael Crichton, the science fiction writer whose latest book, “State of Fear,” dismisses global warming as a largely imaginary threat embraced by malignant scientists for their own ends.
“It is fiction,” conceded Larry Nation, communications director for the association. “But it has the absolute ring of truth” he told the New York Times.
Card rapped as stooge: Critics say energy advice is tainted
The Boston Herald, Feb. 7, 2006
Environmentalists yesterday blasted President Bush’s energy budget as the product of an administration dominated by ex-oil and auto industry executives — including former auto lobbyist turned White House chief of staff Andrew Card.
In a direct swipe at the head-in-the-sand Bush Administration, a major Republican Senator called on the U.S. to rejoin the Kyoto process in a major address to the U.N. Security Council:
Among other things, Sen. Richard Lugar of Indiana said:
“I have urged the Bush Administration and my colleagues in Congress to return to a leadership role on the issue of climate change.