Eyes on Enefit: Conflicting Claims
2013-03-5
For over a century, conflicting claims have surrounded the rock called oil shale. Estonian oil shale company Eesti Energia, and its U.S. arm, Enefit, are no exception to this rule. Whether it’s company executives, other oil executives or financial experts, we’ve seen numerous inconsistencies about Enefit’s financial health, technological capability, impact on the environment, and… Read more »
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Another Friday News Dump: State Department Paves Way for Keystone XL Approval
2013-03-1
State Department releases Keystone XL environmental impact statement, ignores reality of climate change impacts This afternoon, the State Department released its Supplementary Environmental Impact Statement (SEIS) on the controversial Keystone XL (KXL) pipeline, claiming that the pipeline will “not likely result in significant adverse environmental effects.” The SEIS paves the way for President Obama’s approval… Read more »
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Conservation group sends BLM Director Hankins a sign
2013-02-28
This week, Alan Prendergast wrote in Westword about a new Environment Colorado campaign to protect Colorado’s national parks from drilling: “When you’re a bureaucrat under fire, accused of being a tool of Big Oil, there’s nothing like a big, wet kiss from your critics to let you know you’re being watched — closely. Particularly if… Read more »
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Eyes on Enefit: Under fire for risky investments
2013-02-27
Eesti Energia, known as Enefit in the U.S., has been under fire from both the Estonian press and high-level Estonian officials for its poor investment record. As Raimo Poom, a columnist for Estonian publication Eesti Paevaleht wrote: “Eesti Energia’s plan to build up a huge shale oil industry raises a lot of questions; financing the… Read more »
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Eyes on Enefit: Oil shale extraction an environmental threat
2013-02-26
Contaminated groundwater, 600-foot high piles of oil shale waste that spontaneously ignite, and the emission of “lots of carbon dioxide”; all of this comes from a company that claims to be “highly dedicated to lessening the environmental impact of our production processes.” A look at the facts reveals that, despite its claims, Estonian oil shale… Read more »
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The Real Cost of Coal Exports and Fossil Fuels
2013-02-26
With major fossil fuel projects ramping up across the globe, fossil fuel interests are ignoring the catastrophic costs that carbon pollution causes (and will cause) around the world. Meanwhile, critics of clean energy technologies continue to spread disinformation to discredit the emerging sector and promote fossil fuels as the only viable source of energy. Coal… Read more »
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Eyes on Enefit: Untested technology, unproven results
2013-02-20
This blog is part of a series about Enefit, and Eesti Energia, covering the company’s financial outlook, background and status of its Utah project. Despite posturing by Enefit’s corporate officers, internal documents and tests show that the company’s attempts to extract and process oil shale in Utah have run into trouble. Enefit Chairman Harri Mikk… Read more »
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2012 record-breaking year for Colorado oil production; in last nine years, 2,000 new oil and gas wells added per year
2013-02-15
Yet again, the oil and gas industry is crying wolf about stunted energy production. But, as Colorado Oil and Gas Conservation Commission Director, Matthew Lepore testified before a House subcommittee, the industry is achieving record growth in Colorado. In testimony to the House Committee on Energy and Commerce Subcommittee on Environment and the Economy today,… Read more »
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