Economy & Business

"These Members of Congress Are Bankrolled by the Fracking Industry"

"The growing fracking industry is 'yielding gushers' of campaign donations for congressional candidates—particularly Republicans from districts with fracking activity—according to a new report from the watchdog group Citizens for Responsibility and Ethics in Washington."

Source: Mother Jones, 11/21/2013

"Walmart's Sustainability Results Don't Match Promises, Report Finds"

"WASHINGTON -– Walmart, the world's largest retailer, has received positive press in recent years for its promises to go green. The company began issuing an annual Global Responsibility Report in 2005. It announced plans to slash emissions in its supply chain in 2010. The company pledged this year to expand the use of renewable energy. But according to a report released Wednesday, Walmart's green pledges remain more hype than reality."

Source: Huffington Post, 11/14/2013

"Need for Keystone XL Erodes As US Oil Floods Gulf Coast Refining Hub"

"The ongoing U.S. oil boom has flooded the Gulf Coast with domestic crude to levels not seen in decades, creating a homegrown oil glut in the nation's refining center just as the Obama administration prepares to rule on a pipeline that would add a torrent of heavy Canadian crude to the same region."

Source: InsideClimate News, 11/08/2013

"Nuclear Giant Taps Wind Tax Credit That It's Trying To Kill"

"The country's largest nuclear plant operator, Exelon Corp., has publicly fought to torpedo the wind industry's coveted production tax credits, calling them financial threats to its reactors in the Midwest. But the Chicago-based utility is also cashing in on those credits, known as PTCs."

"Exelon's third-quarter earnings results released last week show the company benefiting from the tax incentives that provide wind developers with $23 for every megawatt-hour of electricity they produce. Details about which of Exelon's 44 wind projects generate the PTCs are private."

Source: Greenwire, 11/07/2013

"GMO Labeling a Hot Ballot Fight in Washington State"

"OLYMPIA, Washington -- With one day before the election in Washington State, grassroots organization Food Democracy Now! is urging its 650,000 members and citizens everywhere to make calls urging voters to support Yes on 522, a ballot initiative that would require labeling of foods containing genetically modified organisms."

Source: ENS, 11/05/2013

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