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Meanwhile, energy companies are increasingly having to face the unprofitable reality of fracking. And some executives are now starting to admit that publicly. But the question is whether the industry will listen — or continue to gamble with shale gas and oil. This comes after a decade of fracking which has resulted in losses of hundreds of billions of dollars. But despite the unsuccessful investments and fresh warnings, some companies continue to promise investors that the industry has finally figured out how to make profits from fracking for oil and gas. Analysis by Justin Mikulka. Have a story tip or feedback? Get in touch: [email protected]. Thanks, P.S. Readers like you make it possible for DeSmog to hold accountable powerful people in industry and government. Even a $10 or $20 donation helps support DeSmog’s investigative journalism. Pennsylvania Families Exposed to Unusually High Levels of Oil and Gas Industry Chemicals, Report Finds— By Sharon Kelly (13 min. read) —A groundbreaking four-part report by Environmental Health News (EHN) offers new scientific evidence that living near oil and gas development can expose people to a wide array of hazardous and carcinogenic chemicals — not just those living near shale drilling and fracking, but also those living near older conventional oil and gas wells. The two-year EHN investigation sought to fill in a gap in the scientific understanding of fracking and chemical exposures by undertaking some research themselves, under the guidance of scientific advisors and with approval from an Independent Review Board. They collected air, water, and urine samples from five Pennsylvania families and sent the samples off to researchers at the University of Missouri for analysis. Those tested also wore personal air monitors for up to eight hours on most days samples were collected. The testing cost the publication an average of $12,000 per family, reporter Kristina Marusic said. Researchers also collected data about the families' activities and other potential sources of chemical exposure before and during the sampling. READ MOREUN Human Rights Experts Condemn Expanding Petrochemical Industry in Louisiana’s Cancer Alley as 'Environmental Racism'— By Julie Dermansky (8 min. read) —Human rights experts appointed by the United Nations Human Rights Council issued a statement on March 2 raising concerns about the further industrialization of Louisiana’s “Cancer Alley.” This largely Black-populated stretch of the Mississippi River between New Orleans and Baton Rouge is lined with more than a hundred refineries and petrochemical plants. The experts said additional petrochemical development in this region, which U.S. Environmental Protection Agency (EPA) data shows has some of the country’s highest cancer risks from air pollution, constitutes “environmental racism” that “must end.” “This form of environmental racism poses serious and disproportionate threats to the enjoyment of several human rights of its largely African American residents, including the right to equality and non-discrimination, the right to life, the right to health, right to an adequate standard of living and cultural rights,” the experts said. READ MOREAnalysis: Some Fracking Companies Are Admitting Shale Was a Bad Bet — Others Are Not— By Justin Mikulka (10 min. read) —Energy companies are increasingly having to face the unprofitable reality of fracking, and some executives are now starting to admit that publicly. But the question is whether the industry will listen — or continue to gamble with shale gas and oil. In February, Equinor CEO Anders Opedal had a brutally honest assessment of the Norwegian energy company’s foray into U.S. shale. “We should not have made these investments,” Opedal told Bloomberg. After losing billions of dollars, Equinor announced last month that it’s cutting its losses and walking away from its major shale investments in the Bakken region of North Dakota. READ MORENew IEA Data Shows World on Path to Resume 'Carbon-Intensive Business-as-Usual'— By Andrea Germanos, Common Dreams (3 min. read) —Following warnings that the coronavirus-triggered drop in planet-warming emissions would be short-lived without structural changes, the International Energy Agency released data Tuesday showing that global CO2 emissions from the energy sector were 2 percent higher in December 2020 compared to the same month the previous year. The Paris-based agency said the figures reflect a lack of concrete action by global governments to follow through on pledges to meet net zero emissions by 2050 and predicted 2021 emissions would continue the upward trend barring sufficiently bold action. READ MOREFrom the Climate Disinformation Database: Steven GoddardSteven Goddard (Tony Heller) is a climate science denier, regular contributor to WattsUpWithThat (WUWT), and operator of ”The Deplorable Climate Science Blog.” The name “Steven Goddard” is a pseudonym used by Tony Heller, which he confirmed himself in June 2014. Heller was among dozens of the individuals and organizations profiled in DeSmog's Disinformation Database who posted online or gave interviews about the events surrounding the Jan. 6, 2021 Capitol insurrection. Among his social media posts, Heller uploaded a video in which a participant in the failed insurrection claims that antifa had infiltrated the mob. Read the full profile and browse other individuals and organizations in our Climate Disinformation Database and Koch Network Database. |
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