The economics of fracking may be as big a worry as its environmental impacts, finds a new book on the energy extraction industry. Our latest BookShelf reviews the volume from a seasoned business reporter, who questions conventional views about a renewed U.S. energy “dominance,” probes the financial instability of the industry’s boom and raises the politically destabilizing spectre of a future decline for the fossil fuel market.
Economy & Business
"The Trump administration is sitting on billions of dollars intended to help vulnerable cities and states prepare for extreme weather, prompting growing criticism from state officials worried about the next storm season."
SEJournal looks ahead to key issues in the coming year with this "2019 Journalists’ Guide to Energy & Environment" special report. Stay tuned as we continue to add elements to the report up through and beyond its formal launch Jan. 25 at an annual roundtable, organized by the Society of Environmental Journalists with the Wilson Center in Washington, D.C.
"Senator Elizabeth Warren broadly supports the "idea" of a "Green New Deal," one of her Senate aides told Axios."
"The American Farm Bureau lobbies to protect the status quo, and its own interests".
"U.S. and Norwegian oil majors Chevron and Equinor have become the latest target of activist investors moving to force five of the biggest oil companies to commit to fixed emissions targets and align with the Paris climate agreement."
"About a dozen retailers have pledged to stop selling paint removal products that can kill their customers, but formal restrictions promised by a federal agency have yet to materialize."
The upward trends for renewable energy sources like wind and solar are a sure source of news for 2019, even if challenging political, economic and technical obstacles remain. This week’s TipSheet explains why, plus suggests stories to look for, notes the points of possible contention and offers a range of reporting resources to turn to.
"When the Trump administration laid out a plan this year that would eventually allow cars to emit more pollution, automakers, the obvious winners from the proposal, balked. The changes, they said, went too far even for them. But it turns out that there was a hidden beneficiary of the plan that was pushing for the changes all along: the nation’s oil industry."
"Global investors managing $32 trillion issued a stark warning to governments at the UN climate summit on Monday, demanding urgent cuts in carbon emissions and the phasing out of all coal burning. Without these, the world faces a financial crash several times worse than the 2008 crisis, they said."