Category Archives: Fracking

‘The Public Has a Right to Know’: Fed Refuses to Release Documents on Fossil Fuel Industry’s Covid-19 Bailouts

“As the climate crisis demands an abrupt shift away from fossil fuels, the federal government should not be creating programs to bail out these polluters.”

By Jake Johnson, staff writer for Common Dreams. Published 7-9-2020

“The Federal Reserve was tasked with creating a massive program to protect workers’ livelihoods during an intense economic and public health crisis. We should, at the very least, expect transparency about how the program is structured,” said Food & Water Action attorney Adam Carlesco. (Photo: Tony Webster/Flickr/cc)

The Federal Reserve has missed a deadline to release documents requested by environmental group Food & Water Action in May to reveal the extent to which the central bank has used one of its major Covid-19 lending programs to rescue the faltering oil and gas industry.

“The public has a right to know if the Fed created an oil and gas bailout at the behest of an industry that has wreaked havoc on our air, water, climate, and potentially the global financial system,” Food & Water Action attorney Adam Carlesco said in a statement. “As the climate crisis demands an abrupt shift away from fossil fuels, the federal government should not be creating programs to bail out these polluters.” Continue reading

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‘Conflicts of Interest Abound’: Progressives Sound Alarm as BlackRock Prepares to Lead the Fed’s Covid-19 Corporate Bailout Program

“We cannot afford to allow the interests of private corporations to supersede the needs of the American people and the long-term stability of our economy.”

By Jake Johnson, staff writer for Common Dreams. Published 5-11-2020

BlackRock CEO Larry Fink. Screenshot: CNBC

BlackRock, the largest asset management firm on the planet, has for years faced criticism and protests from progressives over its massive investments in fossil fuelsprivate prisons, and the arms industry—and now the financial behemoth is set to take on a leading role in the Federal Reserve’s sprawling coronavirus bailout program.

The Wall Street Journal reported Sunday that BlackRock—which manages over $7 trillion in assets—will in the coming days help the central bank funnel “money into both new and already-issued corporate bonds, assisting the Fed in its recently adopted role as lender of last resort for businesses.” Continue reading

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‘Against Colonial Violence and Land Theft,’ Indigenous Activists and Allies Target Mining Industry Convention in Toronto

Demonstration held “in solidarity with every community that has found itself staring down the barrel of a gun for daring to oppose Canada’s ongoing colonial project through resource extraction.”

By for Common Dreams. Published 3-1-2020

“From coast to coast we are rising up in solidarity with the Wet’suwet’en nation and against colonial violence and land theft,” said Vanessa Gray, Anishinaabe Kwe Land Defender from Aamjiwnaang First Nation and one of the organizers of Sunday’s demonstration. “It’s clear that Canada is a state built on the removal of Indigenous people for resource extraction.” (Photo: Mining Injustice Solidarity Network/@mininginjustice)

Hundreds of people led by Indigenous land defenders and a coalition of environmental groups worked to shut down a large mining industry convention in downtown Toronto on Sunday, blockading the entrances to the building where the meeting was taking place as they protested against “the extractive industry’s violence, ongoing colonization, and complete disregard for the future of life on this planet.”

Sunday’s action—aimed at the Prospectors and Developers of Association of Canada (PDAC)—is the latest solidarity demonstration aligned with the Wet’suwet’en First Nation nation that remains locked in a fierce battle with the Canadian government over the controversial “Coastal Gas Link” fracked gas pipeline through unceded territory in northern British Colombia.
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‘The Saddest Thing Is That This Won’t Be Breaking News’: Concentration of CO2 Hits Record High of 416 ppm

“Emissions from fossil fuels and deforestation need to be reduced to ZERO to stop this trend!”

By Jessica Corbett, staff writer for Common Dreams. Published 2-12-2020

Bush fire at Captain Creek central Queensland Australia. Photo: Lithgowlights/CC

The concentration of carbon dioxide in the atmosphere hit a record high Monday, a reading from the National Oceanic and Atmospheric Administration that elicited fresh calls from climate activists and scientists for the international community to end planet-heating emissions from fossil fuels and deforestation.

According to NOAA’s Mauna Loa Observatory, an atmospheric baseline station in Hawaii, the daily average of CO2 levels on Feb. 10 was 416.08 parts per million. In recent years, soaring rates of CO2 concentrations in the atmosphere have signaled that the world is not ambitiously addressing the climate crisis. Continue reading

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‘Something Big Is Shifting’: As Georgetown Announces Fossil Fuel Divestment, Students Across US Demand Their Schools Follow Suit

The decision came after 90% of students who voted on a referendum voted in favor of divestment.

By Julia Conley, staff writer for Common Dreams. Published 2-8-2020

The Georgetown University board of directors announced Thursday it would divest from fossil fuels. (Photo: Ehpien/Flickr/cc)

Student-led anti-fossil fuel campaigns at universities across the country pointed to Georgetown University Friday as the school’s board of directors announced it would divest from fossil fuels and redouble its efforts to invest in renewable energy instead.

The university’s decision came after a sustained pressure campaign from Georgetown University Fossil Free (GUFF), a student group which submitted multiple proposals to the Georgetown Committee on Investments and Social Responsibility before the panel recommended the divestment this week. The school community also voted on a referendum regarding divestment on Thursday, with more than 90% voting in favor. Continue reading

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Climate Expert Says UN Emissions Report Makes Clear Only Solution Is to ‘Cut Off Supply of Fossil Fuels at Their Source’

“Climate policy proposals that do not squarely confront the issue of supply are not making a serious attempt to avert catastrophe.”

By Jessica Corbett, staff writer for Common Dreams. Published 11-26-2019

“The urgent, necessary solution is to stop the supply of fossil fuels by banning fracking and all other forms of fossil fuel drilling,” says climate campaigner Mitch Jones. (Photo: CGP Grey/Flickr/cc)

An annual United Nations report published Tuesday on current and estimated future greenhouse gas emissions shows the “urgent need for supply-side action” to combat the climate emergency, according to the advocacy group Food & Water Action.

Mitch Jones, director of Food & Water Action’s Climate & Energy Program, released a statement responding to the new Emissions Gap report from the U.N. Environment Program (UNEP), which warned that global temperatures are on track to rise as much as 3.9°C by the end of the century. Continue reading

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‘Students Have Led and We Must Follow’: Thousands of Scientists From 40 Nations Join Global Climate Strike

“Students have led and we must follow—in defense of the scientific truths our colleagues have discovered over the decades, and of the planet we love.”

By Julia Conley, staff writer for Common Dreams. Published 9-19-2019

March for Science – Earth Day 2017 in Washington DC. Photo: Amaury Laporte/flickr

More than 2,000 scientists on Thursday pledged to take part in the Global Climate Strike and week of action beginning Friday, joining the labor movement, Amazon workers, and teachers in refusing to allow children to carry the burden of securing the planet’s future by demanding climate action.

The scientists, who conduct their research in more than 40 countries, wrote in an open letter that “solid, incontrovertible evidence” supports climate campaigners’ grave concerns about the effect of uncontrolled carbon emissions on the planet. Continue reading

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New BLM Appointee Brings Conflicts of Interest and Plans to Sell Off Public Lands to Agency Charged With Protecting Them

“It’s hard to imagine anyone in this position more dangerous than William Perry Pendley.”

By Julia Conley, staff writer for Common Dreams. Published 7-30-2019

Vermilion Cliffs National Monument in Arizona is among the public lands which could be threatened by the appointment of William Perry Pendley to oversee the Bureau of Land Management. (Photo: Bureau of Land Management/Flickr/cc)

Control over nearly 250 million acres of public lands was placed Monday in the hands of a former Reagan administration official who has argued that all federal lands should be sold to fossil fuel and other corporate interests in accordance with the goals of the signers of the Declaration of Independence.

Interior Secretary David Bernhardt appointed attorney William Perry Pendley as acting head of the Bureau of Land Management (BLM), sending fears throughout conservation groups that many of the country’s minerals and resources will soon be handed over to oil and gas companies. Continue reading

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As Trump Sows Discord, Chief of Staff Mulvaney Reportedly Focused on ‘Building Empire for the Right Wing’

“Cabinet members are pressed weekly on what regulations they can strip from the books and have been told their performance will be judged on how many they remove.”

By Jessica Corbett, staff writer for Common Dreams. Published 7-15-2019

Mick Mulvaney press conference about President Donald Trump’s budget plan. Screenshot: YouTube

While President Donald Trump dominates national media with racist tweets and lies, acting White House Chief of Staff Mick Mulvaney is quietly “building an empire for the right wing” and pushing Cabinet members to impose a radical and rapid deregulation agenda across the federal government, according to a new Washington Post report.

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Ahead of Trump ‘Utter Fantasy’ Speech on Environmental Record, DC Flooding Sparks Warnings on Danger of Climate Inaction

“We don’t have time for more lies. We must address the climate crisis now,” says Sen. Bernie Sanders

By Andrea Germanos, staff writer for Common Dreams. Published 7-8-2019

A flash flood emergency in Washington left roads submerged and cars stranded as heavy rains poured over the region. Photo: CNN screenshot

Flooding in Washington, D.C. on Monday prompted calls for climate action as well as renewed scorn for the Trump administration’s abysmal environmental record.

The heavy rains came the morning President Donald Trump gave an afternoon speech in which he boasted of supposed environmental accomplishments. “Is this a joke?” said Ken Kimmell, president of the Union of Concerned Scientists. “It’s like an arsonist talking about how valuable his work is to the fire department.” Continue reading

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