D.C.’s metro was extremely packed during Monday’s morning commute, which could only mean one thing (aside from it being tourist season): Congress is back in session.
I blogged earlier about the major flaws in the latest climate change legislation, America’s Climate Security Act, introduced by Sens. Joe Lieberman (I-Conn.) and John Warner (R-Va.) The Senate will [...]
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We applaud the Commodity Futures Trading Commission (CFTC) for publicly acknowledging what most educated observers have been saying for months: Wall Street speculators are reaping unconscionable profits by exploiting and manipulating the unregulated energy trading markets.
Commodity traders have pushed oil prices far higher than what can be explained by basic supply and demand. Under mounting [...]
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Photo from Flickr / [Framing] Insights
Industry generates pollution. A lot of pollution. In 2006, it emitted an estimated 3.4 billion metric tons of carbon dioxide. These aren’t just fuzzy numbers we’re talking about; those 3.4 metric tons account for 57 percent of America’s total carbon dioxide emissions.
Numbers startling you a bit? They startled Congress, too, [...]
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A federal bill effectively creating a “market” for pollution? A new U.S. fuel economy proposal that lags behind the rest of the world? These are just some of the topics we address in the latest issue of Public Citizine, an online sampling of articles from Public Citizen’s member newspaper, Public Citizen News. Take a look!
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Posted in Energy, tagged big oil, gas prices, oil on May 6, 2008 | No Comments »
Poor ExxonMobil. It barely cleared $10.8 billion in profit in the first quarter of this year, which still was second highest corporate profit posted ever. And yet, it still wasn’t enough for Wall Street analysts, who had predicted that ExxonMobil would make even more. Nomi Prins at The WIP figures ExxonMobil’s woes are “just pre-election [...]
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Posted in Congress, Energy on May 1, 2008 | No Comments »
Charlie Rangel, Democratic member of Congress from New York, drives a 2004 Cadillac DeVille for a cool $777.54 a month. Michael McNulty, also a New York member of Congress, leases his 2007 Mercury Mariner hybrid for $816 a month.
And guess what? You are paying for it, along with vehicles driven by hundreds of members [...]
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With gas prices and oil industry profits reaching new, obscene highs, Americans deserve real solutions to our energy crisis, and not the partisan finger-pointing that is hallmark of this administration. Beginning with the vice president’s discredited energy task force, the Bush administration has failed to address the root causes of today’s energy crisis: The lack [...]
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Meet Trevor. He works with Public Citizen’s Texas Office, which is active in the fight against new coal-fired power plants. He’s got an important message for Bank of America and CitiBank, two of the financial giants that are trying to fund new coal-fired power plants. Here’s the deal: Coal is dirty. It’s yesterday’s technology. [...]
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Posted in Energy on April 17, 2008 | No Comments »
People often acknowledge that today’s youth are among the most concerned about climate change. However, now campus administrators are joining their students in the fight against global warming. More than 500 colleges and universities around the nation are focusing to reduce their impact on the environment.
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Dominion energy company says it’s going to build one of the “cleanest” coal-fired power plants in the nation in southwest Viriginia, yet, when the State Corporate Commission voted to approve the plant, it designated it a “conventional coal facility,” which makes us wonder who Dominion is trying to fool? With no plan to capture and [...]
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