No Fracking Way

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GREENWASHED Center for Sustainable Shale Development

June 13, 2013
GREENWASHED Center for Sustainable Shale Development

Greenwash or Greenwashing is form of spin where public relation campaigns or marketing by corporations or organization is deceptively used to promote the perception that the entity’s aims and policies are environmentally friendly. Whether it is to increase profits or gain political support, greenwashing may be used to manipulate popular opinion to support otherwise questionable aims. Calling itself “green” doesn’t make it so. A recent Public Accountability Initiative report, “Big Green Fracking Machine,” striped away the green paint to reveal the Heinz Endowments — a major CSSD sponsor — and various environmental groups represented on the center’s board of directors have “extensive undisclosed ties” to the very industry the center is trying to regulate. Click here to read the full report. Highlights: The major philanthropic force behind CSSD, The Heinz […]

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Kinder Morgan Energy Partners: A “New” Rumpelstiltskin Tries to Cash in on the Last Gasp of Industrialized Extraction

March 17, 2013

*The text below offers the first few lines of an essay concerning what I am calling the “magical thinking” of mid-stream energy corporation Kinder Morgan. I argue that Richard Kinder-who I profile after the self-aggrandizing imp from the fable Rumpelstiltskin-epitomizes magical thinking insofar as he holds to the view that the massive pipeline transport and export projects KMEP has leveraged over the course of the shale gas boom will be worth the billions of dollars of investment-despite the fact that, as Deborah Rogers persuasively argues, the scale of gas in the ground (the resource) is unlikely ever to become gas in the pipeline. Kinder-Skiltskin exemplifies the mad-imp rush to do whatever it takes to get the gas into the pipelines-and at potentially enormous environmental and human expense. if we thought […]

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Chesapeake Energy: A Problem like Aubrey – Part 3

August 28, 2012

Shareholders of Chesapeake Energy received an unwelcomed wake-up call on Wednesday, April 17, 2012. Reuter’s headline screamed “Exclusive: Chesapeake CEO took out $1.1 billion in unreported loans” - By Anna Driver and Brian Grow Aubrey McClendon, the CEO of Chesapeake Energy Corp, has borrowed as much as $1.1 billion over the last three years against his stake in thousands of company wells - a move that analysts, academics and attorneys who reviewed loan documents say raises the potential for conflicts of interest. The loans, which haven’t been previously detailed to shareholders, are used to fund McClendon’s operating costs for an unusual corporate perk that offers him a chance to invest in a 2.5 percent interest in every well the company drills. McClendon in turn is using the 2.5 percent stakes […]

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