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Paul Merrell

BP Settlement in Gulf Oil Spill Is Raised to $20.8 Billion - The New York Times - 0 views

  • The Justice Department on Monday announced a final settlement with the oil giant BP of $20.8 billion for its role in the disastrous 2010 Gulf of Mexico oil spill, raising the total from the initial $18.7 billion settlement announced in July.At either amount, it is the largest environmental settlement — and the largest civil settlement with any single entity — in the nation’s history.The United States attorney general, Loretta Lynch, called the filing of the final settlement “a major step forward in our effort to deliver justice to the gulf region in the wake of the Deepwater Horizon tragedy — the largest environmental disaster our nation has ever endured.”Gina McCarthy, the Environmental Protection Agency administrator, estimated that the final settlement represented a payment of $1,725 for each barrel of oil spilled in the disaster. The maximum amount that a judge could have assessed in the case was $4,300 a barrel.
  • The settlement resolves a 2010 lawsuit filed by the Justice Department against BP. It includes civil claims under the Clean Water Act, for which BP has agreed to pay a $5.5 billion penalty, the largest civil penalty in the history of environmental law. Also, it includes natural resources damages claims under the Oil Pollution Act, for which BP has agreed to pay $7.1 billion, on top of the $1 billion it previously committed to pay for early restoration work. Continue reading the main story Related in Opinion Editorial: BP Deal Will Lead to a Cleaner GulfJULY 8, 2015 In addition, the settlement includes economic damages claims, for which BP has agreed to pay $4.9 billion to the five gulf states — Alabama, Florida, Louisiana, Mississippi and Texas — and up to $1 billion to local governments. Louisiana, the hardest hit of the states, will receive $5 billion of the $8.8 billion allocated for restoration.Ms. Lynch said the increase in the total settlement represented a “refining of the numbers” over the initial settlement. “Over time, we refine numbers as the settlement is finalized,” she said.
  • Geoff Morrell, BP senior vice president for United States communications, said in a statement that the revised overall figure did not change the settlement announced in July, but included amounts previously spent or disclosed by the company. The settlement, he said, “resolves the largest litigation liabilities remaining from the tragic accident,” and provides the company “certainty with respect to its financial obligations.”Under the draft restoration plan, $8.8 billion would be allocated to restore the gulf ecosystem.
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  • A panel responsible for assessing the damages to the gulf ecosystems found effects on the region’s wildlife, including fish, oysters, plankton, birds and sea mammals; habitat, including marshes and beaches; and recreational activities.The proposed $8.8 billion in restoration would be invested across the five gulf states over 15 years, in a range of projects intended to restore those resources.“This restoration plan ensures that the funds will be distributed in ways that make sense,” Ms. McCarthy said.
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    Let's see. $20.8 billion total settlement. $8.8 billion going to environmental restoration. The Feds pocket $12 billion. And it's all pennies on the dollar in terms of ongoing damage.  The Feds, knowing that they can profit from environmental havoc committed by corporations, only paused deep ocean drilling permits for a few months, hoping for more damage to be caused by other companies.  The real scandal was and is that BP had a long and extremely well-documented history of causing environmental disasters in their pursuit of oil profits. Were there truly any environmental justice, the result would have been corporate capital punishment and virtually all of its executives in prison for the remainder of their lives, preferably at hard labor cleaning up the mess they created. But throw enough zeros after the settlement number and the human beings whose penny-pinching on safety caused the disaster walk free, free to do it all over again. They must have joined the same Too Big to Jail Golf Club that the banksters use.  
Gary Edwards

BP is asking for its punishment-literally | The Daily Caller - Chris Horner - 0 views

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    Chris Horner was in the room when BP, Enron, Al Gore and Clinton met to discuss by-passing the Constitutional advise and consent role role of the Senate and signing the Kyoto Treaty with "Cap and Trade" mandates.  Enron and BP invented "Cap and Trade".  And now Obama promises to punish BP by passing a USA "Cap and Trade" energy tax on US citizens.  Right.  Figure that one out!  Excellent article. Tim Carney has a column at the Washington Examiner detailing BP's lobbying influence, which begs the following history lesson and first-hand account for voters, generally unaccustomed to such sleaze, to fully appreciate the game presently being played out in Washington. President Obama announced in Pittsburgh last week that BP's Gulf oil spill demands his wrath in the form of the Kerry-Lieberman "cap-and-trade" energy tax. Hearing this, your reaction may have been to wonder just how making energy more expensive for everyone-seniors, the poor, it's all good-is a proper response. And the truth is that our young ideological president's effort to make sure this crisis doesn't go to waste is actually much worse than it seems on its face. BP, joined by Enron, invented carbon cap-and-trade in the mid-1990s. Yeah. That cap-and-trade. I know, because I was in the room. And BP has been lobbying for it aggressively and at great expense ever since, some eight figures of which has gone to green pressure groups. Specifically, in May 1997 I met with senior officials from BP, Niagara Mohawk Power, and others… "others" like the Union of Concerned Scientists and their ilk… in the Washington offices of a white-shoe New York law firm, putting our collective heads together strategizing on how to get the U.S. roped into a global warming treaty, and get "cap-and-trade" imposed domestically, too.
Paul Merrell

The Cartel: How BP Got Insider Tips Through a Secret Chat Room - Bloomberg - 0 views

  • Copies of messages sent to BP traders over the course of a year were provided to Bloomberg News by a person with access to the online conversations. The person, who redacted the names of banks sending the messages and dates of conversations, said they came from firms whose senior foreign-exchange traders belonged to a chat room called “The Cartel” that was set up by Usher and included dealers at JPMorgan, Citigroup Inc. (C), Barclays Plc and UBS Group AG. (UBSN) The information offered an insight into currency moves minutes, sometimes hours before they happened. The messages could drag the U.K.’s biggest energy company into a scandal that has enveloped 11 banks and led to more than 30 traders from London to Singapore losing or being suspended from their jobs. Last month six banks were fined $4.3 billion for passing along information about their clients and working together to rig foreign-exchange markets.
  • While there’s no evidence that any BP traders were members of the Cartel, Usher participated in at least one chat room with White, according to a person who has examined conversations that included both men. It couldn’t be determined from the messages reviewed by Bloomberg News who sent the information to BP or whether BP employees acted on any of the tips.
  • In the clubby, lightly regulated world of foreign exchange, traders passed around tips to their circle of trusted contacts like candy. The victims: mutual-fund investors, pensioners and day traders who took the other side of a transaction at a lower price than they would have if they had the same information. “The authorities have made it clear in the enforcement notices accompanying the recent fines that irrespective of whether specific markets are regulated, banks cannot have pockets of business where traders behave as if they’re dealing in the Wild West,” said Janine Alexander, a partner at law firm Collyer Bristow LLP in London who specializes in financial-services litigation. “Banks have a responsibility to preserve market integrity, and traders must consider the effect of their behavior on clients and the market as a whole.”
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  • The settlements the banks reached with regulators reveal that in the minutes before 4 p.m. the traders would meet on chat rooms to discuss their positions and how they planned to execute them. Sometimes they also agreed to work together to push exchange rates around to boost their profits –- something they called “double-teaming.”
  • The four banks in the Cartel controlled about 45 percent of the global spot-currency market, according to a survey by Euromoney Institutional Investor Plc, so information about their plans was valuable. Some days they worked together to push around the 4 p.m. fix, settlements with the banks show.
  • The party came to an end in October 2013, when regulators around the world announced they were investigating allegations of abuses in the currency market. The four members of the Cartel have left their firms, and JPMorgan, Citigroup and UBS were among banks fined in November. Individuals could face criminal charges when the U.S. Department of Justice and the U.K.’s Serious Fraud Office conclude their own investigations.
Paul Merrell

Greg Palast: 25 Years After Exxon Valdez, BP Was the Hidden Culprit - Truthdig - 0 views

  • Two decades ago I was the investigator for the legal team that sold you the bullshit that a drunken captain was the principal cause of the Exxon Valdez disaster, the oil tanker crackup that poisoned over a thousand miles of Alaska’s coastline 25 years ago on March 24, 1989. The truth is far uglier, and the real culprit—British Petroleum, now BP—got away without a scratch to its reputation or to its pocketbook. And because BP’s willful negligence, prevarications and fraud in the Exxon Valdez spill cost the company nothing, its disdain for the law, for the environment and for the safety of its workers was repeated in the Gulf of Mexico with deadly consequences, resulting, two decades later, in the Deepwater Horizon disaster. Just this month, the Obama administration authorized BP to return to drilling in the Gulf.
  • It would be worth the time of our ever-trusting regulators to take a look at my Exxon Valdez BP files. They would see a decades-long pattern of BP’s lies, bribes and cover-ups that led, inexorably, to the Deepwater Horizon blowout—and that continue today within BP’s worldwide oil operations. Advertisement <a href='http://www.truthdig.com/banners/www/delivery/ck.php?n=abee66dc&cb=453495791' target='_blank'><img src='http://www.truthdig.com/banners/www/delivery/avw.php?zoneid=8&cb=453495791&n=abee66dc' border='0' alt='' /></a> Here is a sample from my files on BP from the original Exxon Valdez fraud and racketeering investigation:
Gary Edwards

Is U.S. Now On Slippery Slope To Tyranny? - Thomas Sowell - 0 views

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    This is the article that has set the Web on fire.  Thomas Sowell takes the recent Obama shakedown of BP and cast these unconstitutional actions against the historical background of how tyrants go about the business of crushing constitutional liberty.  The first to go is the "rule of Law", as the crisis of the moment is used as an excuse to suspend the rule of Law for the good of the people. excerpt: "In our times, American democracy is being dismantled, piece by piece, before our very eyes by the current administration in Washington, and few people seem to be concerned about it. The president's poll numbers are going down because increasing numbers of people disagree with particular policies of his, but the damage being done to the fundamental structure of this nation goes far beyond particular counterproductive policies. Just where in the Constitution of the United States does it say that a president has the authority to extract vast sums of money from a private enterprise and distribute it as he sees fit to whomever he deems worthy of compensation? Nowhere. But our government is supposed to be "a government of laws and not of men." If our laws and our institutions determine that BP ought to pay $20 billion - or $50 billion or $100 billion - then so be it. But the Constitution says that private property is not to be confiscated by the government without "due process of law." With vastly expanded powers of government available at the discretion of politicians and bureaucrats, private individuals and organizations can be forced into accepting the imposition of powers that were never granted to the government by the Constitution. If you believe that the end justifies the means, then you don't believe in constitutional government. And, without constitutional government, freedom cannot endure. There will always be a "crisis" - which, as the president's chief of staff has said, cannot be allowed to "go to waste" as an opportunity to expand the government's p
Paul Merrell

Colluders in Crude: The Oily Politics of How the Obama Administration Sided with BP Ove... - 0 views

  • The explosion and sinking of the Deepwater Horizon oil rig on April 21, 2010,  was the largest accidental marine oil spill in the history of the petroleum industry. The resulting devastation to human health and the environment continues to this day. A new Florida State University study, published on Jan. 20 in the journal Environmental Science & Technology, reports that up to 10 million gallons of crude oil “missing” from the spill settled at the bottom of the Gulf of Mexico, imperiling wildlife and marine ecosystems. Stuart H. Smith, an environmental plaintiff attorney who served as lead counsel on more than 100 oil pollution cases and has won major litigation against oil giants Chevron and ExxonMobil, came to represent thousands of claimants against BP. He saw from the inside how BP and the American government really responded to the crisis. This article is adapted from his book, Crude Justice: How I Fought Big Oil and Won, and What You Should Know about the New Environmental Attack on America (BenBella Books, 2015). 
Paul Merrell

Multiple Polls: Americans Are More Afraid of the GOVERNMENT than TERRORISTS Washington'... - 0 views

  • According to a pair of recent polls, for the first time since the 9/11 terrorist hijackings, Americans are more fearful their government will abuse constitutional liberties than fail to keep its citizens safe. Even in the wake of the April 15 Boston Marathon bombing – in which a pair of Islamic radicals are accused of planting explosives that took the lives of 3 and wounded over 280 – the polls suggest Americans are hesitant to give up any further freedoms in exchange for increased “security.” A Fox News survey polling a random national sample of 619 registered voters the day after the bombing found despite the tragic event, those interviewed responded very differently than following 9/11. For the first time since a similar question was asked in May 2001, more Americans answered “no” to the question, “Would you be willing to give up some of your personal freedom in order to reduce the threat of terrorism?”
  • Of those surveyed on April 16, 2013, 45 percent answered no to the question, compared to 43 percent answering yes. In May 2001, before 9/11, the balance was similar, with 40 percent answering no to 33 percent answering yes. But following the terrorist attacks of 9/11, the numbers flipped dramatically, to 71 percent agreeing to sacrifice personal freedom to reduce the threat of terrorism. Subsequent polls asking the same question in 2002, 2005 and 2006 found Americans consistently willing to give up freedom in exchange for security. Yet the numbers were declining from 71 percent following 9/11 to only 54 percent by May 2006. Now, it would seem, the famous quote widely attributed to Benjamin Franklin – “They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety” – is holding more sway with Americans than it has in over a dozen years.
  • A similar poll sampling 588 adults, conducted on April 17 and 18 for the Washington Post, also discovered the change in attitude. “Which worries you more,” the Post asked, “that the government will not go far enough to investigate terrorism because of concerns about constitutional rights, or that it will go too far in compromising constitutional rights in order to investigate terrorism?” The poll found 48 percent of respondents worry the government will go too far, compared to 41 percent who worry it won’t go far enough. And similar to the Fox News poll, the Post found the worry to be a fresh development, as only 44 percent worried the government would go too far in January 2006 and only 27 percent worried the government would go too far in January 2010.
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  • The Fox News poll found that a bare majority of Democrats (51%) would give up more personal freedom to reduce the threat of terror, while only 47% of Republicans – and a mere 29% of independents – would do so. This is not entirely surprising. As we noted in February: For years, “conservative” pollsters have said that Americans are furious at the government: Rasmussen noted in 2010 that only a small minority of the American people think that the government has the consent of the governed, and that the sentiment was “pre-revolutionary” Gallup noted in 2011 that a higher percentage of American liked King George during the colonial days than currently like Congress
  • And last year, Gallup noted that trust was plummeting in virtually all institutions Liberals may be tempted to think that this is a slanted perspective. But non-partisan and liberal pollsters are saying the same thing: An NBC News/Wall Street Journal poll from 2011 found that 76% of Americans believe that the country’s current financial and political structures favor the rich over the rest of the country The Washington Post reported in 2011 that Congress was less popular than communism, BP during the Gulf oil spill or Nixon during Watergate
  • Public Policy Polling added last month that Congress is also less popular than cockroaches, lice, root canals, colonoscopies, traffic jams, used car salesman and Genghis Khan And the liberal Pew Charitable Trusts noted last week that – for the first time – a majority of the public says that the federal government threatens their personal rights and freedoms: The latest national survey by the Pew Research Center for the People & the Press, conducted Jan. 9-13 among 1,502 adults, finds that 53% think that the federal government threatens their own personal rights and freedoms while 43% disagree. In March 2010, opinions were divided over whether the government represented a threat to personal freedom; 47% said it did while 50% disagreed. In surveys between 1995 and 2003, majorities rejected the idea that the government threatened people’s rights and freedoms.
  • *** The survey finds continued widespread distrust in government. About a quarter of Americans (26%) trust the government in Washington to do the right thing just about always or most of the time; 73% say they can trust the government only some of the time or volunteer that they can never trust the government. *** Majorities across all partisan and demographic groups express little or no trust in government. Obviously, Democrats are currently more trusting in government than Republicans. For example: The Pew Research Center’s 2010 study of attitudes toward government found that, since the 1950s, the party in control of the White House has expressed more trust in government than the so-called “out party.”
  • But given that even a growing percentage of Dems believe that government is a threat to their freedom, things are indeed getting interesting … It doesn’t help that the government claims the power to assassinate American citizens living on U.S. soil, indefinitely detain Americans without trial, spy on everyone and otherwise intrude into every aspect of our lives. Postscript: What are the actual risks coming from government versus terrorism?  That’s an interesting question.
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    From 2013, not long after the Boston Bombing. I never had much respect for those willing to surrender my liberties so they could feel a bit more secure. "Security is mostly a superstition. It does not exist in nature, nor do the children of men as a whole experience it. Avoiding danger is no safer in the long run than outright exposure. Life is either a daring adventure, or nothing." Helen Keller, The Open Door (1957).
Paul Merrell

US Corporations Used Personal Armies To Uproot, Terrorize Colombia - 0 views

  • Some of the numerous foreign corporations accused of serious human rights abuses in Colombia include fruit companies Dole, Del Monte, and Chiquita, agribusiness giant Cargill, and other representatives of the fossil fuel industry like Texaco (formerly Texas Petroleum Company) and Exxon Mobil. Heeding corporate orders, paramilitary groups murdered union and labor rights activists, tortured and terrorized countless indigenous and Afro-Colombian people, and devastated entire villages of subsistence farmers to make way for mining, fossil fuel extraction, or plantations that would bring massive profits to foreign corporations. The Colombian military — and, in at least one high-profile massacre, the U.S. military — sometimes lent a hand in these human rights crimes. “Every human rights person I work with in Colombia believes the peace process is a necessary precondition” to ending corporate exploitation of Colombia, Dan Kovalik, a human rights and labor rights lawyer who teaches at the University of Pittsburgh School of Law, told MintPress News.
  • In court, “Chiquita admitted to paying paramilitaries and giving them 3,000 Kalashnikov rifles between 1997 and 2004,” Kovalik said. Chiquita allied with the United Auto-Defense Forces of Colombia (AUC), one of the country’s most violent paramilitary groups, Steven Cohen noted in a report for ThinkProgress in 2014. The AUC, a group once designated as a terrorist group by the U.S. government, is responsible for thousands of deaths in Colombia. It turns out that Chiquita had been playing both sides of the conflict. Cohen reported: “By its own account, Chiquita made at least 100 payments — $1.7 million in total — to the AUC between 1997 and 2004. In the decade prior to that, the company had maintained a similar arrangement with the Revolutionary Armed Forces of Colombia (FARC), the nominally leftist rebel group chased out of the region by the combined (and coordinated) efforts of the AUC and Colombian military.”
  • “There’s been some recent reports that [Chiquita’s funding of paramilitaries] may have continued until very recently through a subsidiary,” Kovalik added. While these allegations remain unproven in court, they do suggest a staggering number of victims. Multiple lawsuits were consolidated in 2011, accusing Chiquita of being involved in the killings of as many as 4,000 Colombian nationals. While the evidence is clearest in the case of Chiquita, other international banana growers are suspect as well. “According to Salvatore Mancuso, a high-ranking paramilitarian in U.S. prison, Dole and Del Monte also worked with the paramilitaries,” Kovalik said. “All the banana companies have.” Mancuso is currently serving a 15-year sentence in a federal prison and has been spoken openly about the influence that corporations like Chiquita hold in Colombia.
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  • The influence of banana growers in Colombia pre-dates the ongoing civil war. In 1928, the Colombian government brutally shut down a strike by United Fruit Company banana pickers under threat from the U.S. government. Some estimates put the death toll from the military action as high as 2,000, including workers, women and children. United Fruit was once one of the most powerful corporations in the world, manipulating the governments and economies of multiple Latin American countries. Chiquita was a trademark of United Fruit until 1990, when the company renamed itself Chiquita Brands International in an effort to rehabilitate its image. (Chiquita was purchased by two Brazilian companies in 2015, and is now headquartered in Switzerland.)
  • “It should be noted under the peace agreement, at least the one that went down in October, Coca-Cola was one of the companies named [that will be] subjected to further investigation for paramilitary ties,” Kovalik said. Coca-Cola, or at least its Colombian bottlers, have also been linked to paramilitary groups and human rights abuses. The bottlers and the company’s Atlanta headquarters have faced multiple lawsuits over attacks on union organizers. A 2010 documentary, “The Coca-Cola Case,” focused on the soda giant’s role in turning Colombia into the “trade union murder capital of the world,” June Chua wrote in a review for Rabble.ca that year.
  • Colombia is rich with resources that foreign corporations are eager to exploit, particularly in the mining, agriculture, and biofuels industries. “Mining is probably the biggest threat now to indigenous people, Afro-Colombians and peasants, and will continue to be as the peace agreement goes forward,” Kovalik added. Justin Podur, an author and global political analyst, told MintPress that Colombian human rights activists frequently say that “displacement in Colombia is not a side effect of the war, it’s really the point of the war.” Whether by design or coincidence, decades of unrest created fertile ground for profit.
  • In one of the most shocking examples of fossil fuel companies supporting the death and displacement of Colombian people, Kovalik highlighted the “the Santo Domingo massacre, in which Occidental Petroleum were part of an operation to bomb the Santo Domingo community.”
  • In a 2005 article for Z Net on the massacre, Kovalik and Luis Galvis explained: “On December 13, 1998, in what has become one of the most notorious war crimes in Colombia, the hamlet of Santo Domingo was attacked by a U.S. cluster bomb from a Colombian Air Force helicopter. Seventeen civilians, including 7 children, were killed as a result of the bombing.” In 2002, the Los Angeles Times revealed that the bombing had actually been carried out at the behest of, and with the assistance of, the Houston-based oil company which had its headquarters in Los Angeles at the time. Times staff writer T. Christian Miller wrote: “Los Angeles-based Occidental Petroleum, which runs an oil complex 30 miles north of Santo Domingo, provided crucial assistance to the operation. It supplied, directly or through contractors, troop transportation, planning facilities and fuel to Colombian military aircraft, including the helicopter crew accused of dropping the bomb.”
  • And, earlier this year, Gilberto Torres, a Colombian union activist, sued BP in London. He alleges that in 2002, he was kidnapped and tortured for 42 days by paramilitaries who were following orders from the oil giant.
Paul Merrell

UT Documents: Does Obama administration view journalists as Snowden's "accomplices"? It... - 0 views

  • James Clapper, the Director of National Intelligence, appeared today before the Senate Intelligence Committee, his first appearance since outright lying to that Committee last March about NSA bulk collection. In his prepared opening remarks, Clapper said this: Who, in the view of the Obama administration, are Snowden's "accomplices"? The FBI and other official investigators have been very clear with the media that there is no evidence whatsoever that Snowden had any help in copying and removing documents from the NSA. Here, Clapper is referring to "accomplices" as those who can "facilitate the return of the remaining" documents. As Snowden has said, the only ones to whom he has given those documents are the journalists with whom he has worked. As has been publicly reported, the journalists who are in possession of thousands of Snowden documents include myself, Laura Poitras, Barton Gellman/The Washington Post, The New York Times, the Guardian, and ProPublica.
  • Is it now the official view of the Obama administration that these journalists and media outlets are "accomplices" in what they regard as Snowden's crimes? If so, that is a rather stunning and extremist statement. Is there any other possible interpretation of Clapper's remarks? UPDATE: In response to media inquiries about what Clapper meant when he referred to "accomplices", a spokesman for the DNI's office, Shawn Turner, is saying this: "anyone who is assisting Edward Snowden [to] further harm our nation through the unauthorized disclosure of stolen documents." (Turner declined to be more specific when asked if that included journalists.) Turner may be reluctant to admit it, but that essentially dispels all doubt - if there was any - that Clapper was publicly accusing journalists who publish Snowden documents of being "accomplices" in his "crimes". That a top-level Obama official is publicly accusing journalists of criminality for their journalism seems like fairly big (though unsurprising) news. posted by Glenn Greenwald
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    For an analysis of which statutes might be used to criminally prosecute journalists publishing the Snowden materials, see http://blogs.fas.org/secrecy/2014/01/dni-transparency/
Paul Merrell

Fracking pushing U.S. oil production above Saudi Arabia's - Nature & Environment Israel... - 1 views

  • Fracking remains enormously controversial, but the report that the oil-extraction technique is about to lift the United States' oil production beyond that of mega-producer Saudi Arabia means it's probably here to stay. The practice, which involves injecting water into the ground in order to fracture the rock and allow oil and gas to escape, has been associated by critics with earthquakes and heightened pollution, to name just two problems. Just today, Thursday, Ohio authorities shut down a local fracking operation while geological detectives investigate whether it could be behind the 11 quakes recorded there in a few days.
  • But an indication of just how crucial fracking has become to the American economy comes from next-door Tennessee, where lawmakers voted down proposals to ban the practice (and mountaintop mining, while about it). As The Independent reported today, thanks to the practice, the United States is about to become a bigger oil producer than Saudi Arabia.
  • Proponents of the technique point mainly at economic benefits, not least achieving American independence from imported oil. Opponents bewail contamination of ground-water, depletion of fresh water supplies, and ground contamination from the rising hydrocarbons. More recently concerns have arisen that like mining, fracking can stabilize local geology and cause quakes. The United Kingdom had banned fracking but later lifted the prohibition, favoring regulation instead. In the United States, legislation on the matter depends on the state, and Germany frowns on the practice but hasn't outlawed it. France has, becoming one of the countries to adopt the position of opponents and ban fracking outright, in 2011. Just today a French court voided a drilling license held by the American energy company Hess for fear that it would frack.
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    Related: The public comment period just closed on the State Department's environmental impact statement for the Keystone Pipeline. Environmental organizations filed the objections of over 2 million Americans just before the deadline, an amazing achievement in the annals of environmental activism. On the other hand, Big Oil almost invariably gets what it wants from the Feds, regardless of the environmental consequences. E.g., the BP oil disaster in the Gulf hadn't even been plugged before the Obama Administration resumed granting permits for deep ocean drilling, without any new required preventive measures.   
Gary Edwards

Just 62 people control more wealth than half the world's population: study - CSMonitor.com - 1 views

  • Oxfam argues that there are several reasons for why the disparity between rich and poor has become so vast, including what the report terms “the global spider’s web of tax havens and the industry of tax avoidance, which has blossomed over recent decades.”Oxfam estimates that nearly $7.6 trillion, or more than twice the combined GDP of the United Kingdom and Germany, is currently being held offshore.
  • The Oxfam study also suggests that the global economy’s push on the importance of capital over labor is another reason for widening inequality. This not only concentrates national incomes in the hands of those few that control it, Oxfam says, but has implications for private companies as well. It increases pay for executives while preventing many workers in the very lowest-paying jobs at the bottom from earning higher wages.
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    "A recent study conducted by Oxfam International indicates that just 62 people, 53 of them men, now control over half the world's wealth. The study, 'An Economy for the 1 Percent,' was released ahead of the World Economic Forum (WEF) in Davos, Switzerland. The study from the anti-poverty NGO calculated that 62 people held the same amount of wealth as the world's 3.6 billion poorest citizens in 2015.  That's a huge drop from the estimated 388 people who controlled that amount of wealth in 2010, and the concentrated amount of wealth that those 62 people possess has increased by 44 percent over that same five-year period, to $1.76 trillion dollars. It is true that global poverty has declined substantially since 1990, according to Oxfam. However, the study found that at the same time that global wealth rose dramatically among the world's richest 1 percent, the relative wealth of those living in extreme poverty has declined dramatically since 2010, by approximately $1 trillion."
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    The divide between the haves and the have-nots has been deepening for decades and is well known. This year, the topic has become part of presidential election politics thanks to Bernie Sanders. But while the situation has no public defenders, we have yet to see a single piece of legislation submitted to remedy the situation. That leaves the situation as a talking point rather than the focus of remedial action, which leads to the conclusion that those who talk about it don't care enough about it to do anything to reverse the situation. Example, since the financial crash of 2007 we have no bill to reintroduce Glass\Seagall, no bill to break up the too-big-to-fail banks (which are no bigger than before), no bill to back the U.S. out of the trade agreements that have shipped millions of American jobs overseas, no bill to increase taxes for the wealthy, etc. Instead, we see a majority of members of Congreess voting to maintain the status quo, which is that the rich get richer and the poor get poorer. The cure? Step 1 is adoption of the We the People Amendment to get corporations and money out of the election process. https://movetoamend.org/wethepeopleamendment
jacob logan

Golar to provide FLNG unit for BP's West Africa project - 0 views

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    Bermuda-based liquefied natural gas (LNG) shipping company Golar has announced its agreement with BP for the charter of a floating liquefied natural gas (FLNG) vessel to service the Greater Tortue Ahmeyim project in West Africa.
Paul Merrell

MI6 gets off scot-free over rendition of suspected Islamists to Libya | World news | Th... - 0 views

  • So after more than four years of Scotland Yard investigations, and months of agonising within the Crown Prosecution Service, ministers and MI6 are getting off scot-free over the abduction and subsequent torture of two suspected Islamists. Abdel Hakim Belhaj and Sami al-Saadi were enemies of Muammar Gaddafi delivered to Tripoli, courtesy of MI6 and the CIA, in 2004 when Tony Blair’s government was cuddling up to the Libyan dictator. Gaddafi had promised to abandon his nuclear and chemical weapons programme and as a reward for British friendship – including the secret rendition of his opponents – he agreed to huge and lucrative oil deals for BP.
  • In one of the deepest ironies in the history of British intelligence, clear evidence of British involvement in the rendition of Belhaj, Saadi and their families to Tripoli’s jails emerged in 2001. They were spelled out in a letter from Sir Mark Allen, then head of MI6 counter-terrorism operations, to Moussa Koussa, Gaddafi’s intelligence chief, written in March 2004. In it, Allen trumpeted MI6’s role in the operation. The letter was found among documents in Moussa’s office destroyed by Nato bombs. Saadi accepted £2.2m compensation from the British government. Belhaj chose to fight on, demanding an apology. The supreme court is soon due to deliver judgment on his claim that Britain must take responsibility for his abduction. Lawyers for the government argue that British courts have no right to hear the case since the agents of foreign intelligence agencies – notably the CIA – were also involved in the operation. Eliza Manningham-Buller, then head of MI5 – MI6’s sister service responsible for British security as opposed to spying abroad – was so angry with what MI6 had been up to, that, as the Guardian reported last week, she fired off a letter to Blair complaining about it, saying its actions may have compromised the security and safety of MI5 officers and their informants. Such was her fury that she ejected MI6 staff from MI5’s headquarters, Thames House.
  • After the Allen letter came to light, Blair said he had “no recollection at all” of the Libyan rendition. Jack Straw, then foreign secretary responsible for MI6, told MPs in 2005 – a year after the Libyan abductions – that “there is simply no truth in the claims that the United Kingdom has been involved in rendition full stop.” After the Allen letter emerged, Straw said: “No foreign secretary can know all the details of what its intelligence agencies are doing at any one time.” Government officials have insisted that the operation was in response to “ministerially authorised government policy”. Sir Richard Dearlove, head of MI6 at the time, has said: “It was a political decision, having very significantly disarmed Libya, for the government to cooperate with Libya on Islamist terrorism.” Referring to MI6’s links with Gaddafi, Manningham-Buller has stated: “There are clearly questions to be answered about the various relationships that developed afterwards and whether the UK supped with a sufficiently long spoon.” Section 7 of the 1994 Intelligence Services Act, sometimes described as the “James Bond clause”, protects MI6 officers from prosecution for actions anywhere in the world that would otherwise be illegal. They would be protected as long as their actions were authorised in writing by the secretary of state.
Paul Merrell

Article: Pakistan's first Prime Minister Liaquat Ali Khan was assassinated by America |... - 0 views

  • Tellingly, till writing this story, the latest stories about the assassination of Pakistan's first Prime Minister were not denied by Washington.
  • Not surprisingly, August 1953 the CIA staged a coup against the Iranian nationalist Prime Minister Mohammad Mossadegh to safeguard the west's oil interests in the country. In April 1951 Iranians democratically elected the head of the National Front party, Dr. Mohammad Mossadegh, as prime minister. Mossadegh moved quickly to nationalize the assets in Iran of the Anglo-Iranian Oil Company (the forerunner of today's BP) a step that brought his government into confrontation with Britain and the US. Britain's MI6 military intelligence then teamed up with the CIA and carried out a coup that ousted Mossadegh in August 1953 and returned Shah Mohammad Reza Pahlavi to power. In August 2013, 60 years after the coup, the CIA admitted staging a coup against Mossadegh though at least two US Presidents, Bill Clinton and Barrack Obama, have publicly acknowledged the US role in the Iranian coup.
  • "The military coup that overthrew Mossadegh and his National Front cabinet was carried out under CIA direction as an act of US foreign policy, conceived and approved at the highest levels of government," reads a previously excised section of an internal CIA history titled The Battle for Iran. The declassified documents, under the US Freedom of Information Act, related to CIA's TPAJAX operation that sought regime change in Iran through the bribery of Iranian politicians, security and army high-ranking officials, and massive anti-Mossadegh propaganda that helped to instigate public revolt in 1953. Mossadegh was replaced with Iranian general Fazlollah Zahedi, who was handpicked by The CIA and M16. Mossaddegh was later sentenced to death, but the Shah never dared to carry out the sentence. Mossadegh died in his residence near Tehran in 1967. The Shah's pro-Western dictatorship continued for 27 years and ended with the Islamic Revolution of 1979, which paved the way for today's Iran, where anti-American sentiments remain strong. The 1953 coup still casts a long shadow over Iranian-US relations.
Paul Merrell

Shell stops Arctic activity after 'disappointing' tests - BBC News - 0 views

  • Royal Dutch Shell has stopped Arctic oil and gas exploration off the coast of Alaska after "disappointing" results from a key well in the Chukchi Sea.In a surprise announcement, the company said it would end exploration off Alaska "for the foreseeable future".Shell said it did not find sufficient amounts of oil and gas in the Burger J well to warrant further exploration.The company has spent about $7bn (£4.5bn) on Arctic offshore development in the Chukchi and Beaufort seas."Shell continues to see important exploration potential in the basin, and the area is likely to ultimately be of strategic importance to Alaska and the US," said Marvin Odum, president of Shell USA. "However, this is a clearly disappointing exploration outcome for this part of the basin."
  • Indeed some analysts suggested Shell might give up on the Arctic completely. "It is possible that Shell might almost be relieved as they can stop exploration for a legitimate operational reason, rather than being seen to bow to environmental pressure," Stuart Elliott from energy information group Platts told the BBC."With the oil price around $50 a barrel, it was a risky endeavour with no guarantee of success. "You could argue that this has been bad for Shell's reputation and it wouldn't be a big surprise if they abandoned Arctic drilling altogether."
  • So, what changed?Certainly, the first findings from the Burger J exploration well 150 miles off the Alaskan coast were not promising.Second, although President Barack Obama had given the necessary permissions for drilling to start again following the problems of rig fires in 2012, Mrs Clinton's tweet revealed that political risks were still substantial.
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  • The US Geological Survey estimates that the Arctic holds about 30% of the world's undiscovered natural gas, as well as 13% of its oil.According to Shell, this amounts to around 400 billion barrels of oil equivalent, 10 times the total oil and gas produced in the North Sea to date.
  • However, environmental groups oppose Arctic offshore drilling, saying it will pollute and damage a natural wilderness largely untouched by human activity. They also argue that fossil fuels such as oil and gas must be left in the ground if the world is to avoid dangerous climate change.Over the summer, protesters in kayaks unsuccessfully tried to block Arctic-bound Shell vessels in Seattle and Portland, Oregon. "Big oil has sustained an unmitigated defeat," said Greenpeace UK executive director John Sauven."The Save the Arctic movement has exacted a huge reputational price from Shell for its Arctic drilling programme, and as the company went another year without striking oil, that price finally became too high."Shell had continued to explore for oil despite the slump in the price of oil. Other oil and gas majors have shelved expensive exploration projects but, having invested billions of dollars in its Arctic project, Shell persisted, believing that Arctic oil would be competitive in the longer term.This is why the announcement came as such a surprise.
  • More on this story Video Shell calls end to Alaska oil search 52 minutes ago Shell has made a costly call to abandon Alaska 28 September 2015 'Volatile' oil price hard to predict, says Shell boss 17 September 2015 Why mega-merger is so important for Shell 8 April 2015 BP profits fall on low oil price 28 July 2015
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    Not mentioned in the article, but environmental groups recently announced that they would begin a consumer boycott of Shell fuels because of its Artic drilling.  
Paul Merrell

West's antiquated unipolar world collides with the East's vision of a mulipolar future.... - 0 views

  • For years the West has been cultivating a proxy political machine inside of Ukraine for the purpose of peeling the nation away from its historical and socioeconomic ties to Russia. The deep relationship between Western corporate-financier interests on Wall Street and in London and the opposition in Ukraine are best summarized in PR Weeks “Analysis: PR gets trodden underfoot as sands shift in Ukraine.” In the article, the involvement of some of the most notorious corporate lobbying firms on Earth, including Bell Pottinger and the Podesta Group, are revealed to have been involved in Ukraine’s internal affairs since the so-called “Orange Revolution” in 2004 – a coup admittedly orchestrated by the West and in particular the US government.  The article chronicles (and defends) the continuing, unabated meddling of the West up to and including the most recent turmoil consuming Ukraine.    PR Week’s article revealed that heavily funded networks propping up the proxy regime in Kiev are sponsored by “individuals and private companies who support stronger EU-Ukraine relations.” It is these Western corporate-financier interests, not Ukrainian aspirations for “democracy” and “freedom,” that kicked off the “Euromaidan” mobs in the first place – and will be the driving force that misshapes and deforms the regions of western Ukraine now overrun by the West’s proxies.  To the east in Ukraine, people are prominently pro-Russian, sharing closer cultural, linguistic, and socioeconomic ties to Russia as well as long historical parallels. They have welcomed moves by Russia to counter the coup in Kiev and protect eastern Ukraine from the corrosive influence that will grow as the West further entrenches itself.
  • With the vacant chair of deposed Ukrainian President Viktor Yanukovych still warm, the tentacles of Western corporate-financier interests have already wound themselves around Kiev and have begun to squeeze.  Chevron, which had signed a multi-billion dollar deal with Ukraine in November, 2013, was operating in the west of Ukraine, and alongside other Western energy giants such as ExxonMobil and Shell. The deals were part of President Yanukovych’s apparent gravitation toward the West and impending integration with the EU which was then suddenly overturned in favor with re-cementing ties with Russia. Western oil giants clearly saw the benefit of backing a putsch that would leave the western half firmly in the orbit of the US, UK, and EU. They can not only continue their business on the western edge of Ukraine, but expand their interests unabated across the country now that a capitulating, puppet regime sits in Kiev.   While Western big-oil plans to move in and siphon billions, the International Monetary Fund (IMF) is already planning deep cuts in social benefits as part of a staggering austerity regime to restructure financially the seized western region of Ukraine, and if possible, all of Ukraine proper.
  • RT reported in its article, “Pensions in Ukraine to be halved – sequestration draft,” that: The self-proclaimed government in Kiev is reportedly planning to cut pensions by 50 percent as part of unprecedented austerity measures to save Ukraine from default. With an “empty treasury”, reduction of payments might take place in March.  According to the draft document obtained by Kommersant-Ukraine, social payments will be the first to be reduced. The proxy regime set up in Kiev has already indicated its eager acceptance to all IMF conditions. The fate of western Ukraine will be no different than other members of the European Union preyed upon by the corporate-financier interests that created the supranational consolidation in the first place. The reduction of a multipolar Europe into a unipolar, supranational consolidation which can be easily and collectively looted is a microcosm of what the West’s Fortune 500 plan as part of their global unipolar order.  
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  • The natural resources, human capital, and geopolitical advantages found within the borders of Ukraine, will now become the natural resources, human capital, and geopolitical advantages of Chevron, BP, Monsanto, a myriad of defense contractors, telecom corporations, and other familiar brands seen marauding across the planet leaving in its wake destitution, socioeconomic disparity, and perpetual division they intentionally sow in order to protect their holdings from any form of unified or organized opposition.    No matter how obvious the West’s game may be to some, had Ukraine fallen entirely under the control of Western interests, a multitude of excuses could and would have been peddled to explain the unraveling of Ukrainian society in terms that would exonerate the corporate-financier interests truly driving the crisis. But Ukraine has not entirely fallen to the West, and because of that, the planned decimation of western Ukraine, its economy, and its sovereignty will stand out in stark contrast to the eastern region that has remained beyond the West’s reach and within the orbit of Russia’s multipolar vision of the future.  
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