In a post on his “Balance Sheet” blog, Mark Jaffe at the Denver Post wades in to the debate about drilling on public lands. He writes: When Willie Sutton was asked why he robbed banks, he replied, or at least is said to have replied: “Because that’s where the money is.” And so it is… Read more »
Price and geology have incentivized oil and gas companies to drill on nonfederal lands in recent years. Yet this fact hasn’t stopped industry group Western Energy Alliance (WEA) and Congressmen Ed Whitfield (R-KY.), who chairs the House Energy and Commerce Subcommittee on Energy and Power, from mischaracterizing a recent Congressional Research Service (CRS) report on… Read more »
The Center for Western Priorities released its new Follow the Oil report today. CWP Policy Director, and report author, Greg Zimmerman used GIS mapping technology, EIA data, and other information to show that economic, technological and geological forces are moving drillers to private land. The report includes great infographics, and pretty much flies in the… Read more »
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 »
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 »
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 »
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 »
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 »
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 »
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. History has shown that for more for more than a century, oil shale is not a commercially viable energy source in the U.S. Oil shale is actually a rock that doesn’t… Read more »
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