Fracking

Trump Rebuked for ‘Breathtakingly Vicious’ Plan for Fossil Fuel Lease Sales in California Amid Historic Wildfires

Especially given the climate-fueled wildfires ravaging the region, conservationists sounded alarm Thursday in response to a Trump administration proposal for an oil and gas lease sale in California, which would be the state’s first such federal auction in eight years. At issue are over 4,300 acres of public land in Kern County, an area recently dubbed …

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Pressured by Climate Activist Groups, Deutsche Bank Ditches Drilling in the Arctic

Climate activists are celebrating Deutsche Bank’s new energy policy banning financial support of drilling in the Arctic, a move which comes after years of pressure from advocacy groups. The bank, a multinational investment company headquartered in Germany, announced Monday that it will no longer offer financial services to new projects that involve drilling for oil …

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‘Privatize the Profit, Socialize the Mess’: Abandoned Fracking Wells Left Spewing Climate-Killing Methane Nationwide

A devastating new report from the New York Times details how as fracking companies are going out of business they are leaving behind unsecured wells spewing methane and other gases into the atmosphere and paying out the same executives that drove them into bankruptcy huge bonuses—drawing condemnation from activists and climate advocates.  “Frackers don’t clean up …

‘Privatize the Profit, Socialize the Mess’: Abandoned Fracking Wells Left Spewing Climate-Killing Methane Nationwide Read More »

‘The Poster Company for US Fracking Has Fallen’: Chesapeake Energy Files for Bankruptcy

Climate advocates pointed to news Sunday that fracking giant Chesapeake Energy was filing for bankruptcy as further evidence that the fossil fuel industry’s collapse is being hastened by the coronavirus pandemic and called for the government to stop propping up businesses in the field.  “Fracking giant Chesapeake Energy just declared bankruptcy thanks to its massive …

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