Economy & Business

Report: Koch Founded Anti-Enviro Group To Protect Oil Industry Handouts

Faceless on Facebook, a shadowy but aggressive anti-environmental propaganda group called the Institute for Energy Research turns out, documents reveal, to be founded and funded by oil billionaire Charles Koch. It's mission: preserve tax breaks for big oil.

Source: Salon, 09/09/2014

"As BP Pays For Oil Spill Impact, Some People Aren't Seeing The Cash"

"BP's 2010 oil spill in the Gulf of Mexico disrupted business all along the coastline. Through the end of July, the oil giant paid more than $13 billion to compensate people, businesses and communities affected. The company is disputing some of those claims in court battles that could drag on for years."

Source: NPR, 09/05/2014

"America’s Coal Heartland Is in Economic Freefall"

"LOGAN, W.Va. — For 51 years he’d lived in the same hollow and for two decades he’d performed the same job, mining coal from the underground seams of southern West Virginia. Then, on June 30, Michael Estep was jobless. His mine shut down, and its operator said “market conditions” made coal production unviable.

Source: Wash Post, 08/28/2014

Congress Doesn't Want You To Read These Reports

More evidence of Congress' ineffectiveness comes in its ongoing failure to keep its secrets actually secret. Its official policy is to keep the Congressional Research Service from publicly releasing the handy explainers it produces at taxpayer expense. Thanks again to the Federation of American Scientists' Government Secrecy Project for unauthorized publication of these reports.

Shouldn't "Trade Secrets" Face a Sunset in Interests of Public Health?

One of the oldest tricks U.S. industry has used to hide the potential harm to public health done by chemicals it puts into the environment is to claim that their identities are trade secrets via a loophole established under the antiquated Toxic Substance Control Act of 1976. On August 21st, a coalition of groups petitioned EPA for toxic trade secrets to have an expiration date.

"Climate Change Policies Pay for Themselves, Study Says"

"An MIT climate change study released Sunday indicates the cost of slashing coal-fired carbon emissions would be offset by reduced spending on public health. The EPA-funded study examined climate change policies similar to those proposed by the Obama administration in June."

Source: Christian Science Monitor, 08/26/2014

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