Tag: fracking

And that's the heart of the problem – the rush to make plastics from cheap fracked shale gas in America hasn't been driving more polluting plants out of business, it's been adding to the world's new plastics production.

Yet governments around the world, the same ones which ratified the Paris Agreement, are supporting oil and gas companies as they seek to greatly widen fracking's global footprint.

It may take some time, but eventually investors wake up — or run out of money.

"Oil and gas has already devastated our state's air quality, water quality and flow, and public health. It's clear the Trump administration will stop at nothing to sacrifice public interest for private profits."

And even with the Trump administration rolling back a number of environmental regulations like the rules for methane flaring and venting, the oil and gas industry is looking for still more deregulation from the federal government.

“The bottom line is we want to stop the project, so whatever tools are available to do that — so I’m not ruling out anything.”

“Hiring a revolving door fossil fuel lobbyist to direct their staff on the Senate Energy and Natural Resources Committee completely undermines Democratic party leaders’ stated commitment to addressing climate change.”

“Other countries, namely China, are frantically investing in renewables. For us to crow about our oil wealth, and not focus on renewables, is for us to miss the opportunity to be leaders in the world as it’s going to be.”

Instead, the fracking industry has helped set new records for U.S. oil production while continuing to lose huge amounts of money – and that was before the recent crash in oil prices.

Despite the fact that the federal government's own report shows that oil and gas production on public land contributes significantly to U.S. greenhouse gas emissions, Interior Secretary Ryan Zinke and the Trump administration continue to push on expanding its use.