TV Schedule

Oil

  • Public Topic: Everyone is invited to contribute to Oil

    • ABC deems Al Gore's Alliance for Climate Protection advert too 'controve...

      Tell me now who really runs these networks. Controversial is merely a replacement for TRUTHFUL. It is a KNOWN FACT that oil lobbyists buy policy in Washington DC. The Iraq invasion is about OIL. Exxon can pull in billions of dollars in profits on the backs of working Americans all the while denying that global warming is manmade and that isn't controversial? Coal, which kills is not controversial? So, what is to be done about this BS? We can't even get a good enough boycott going in this country anymore to make these networks feel it where they should feel it: in their ratings and in their wallets. Well, I am boycotting ABC, all of their affiliates, and Disney and their products. Anyone who wants to join in please feel free because unless we do something networks will continue to get away with this blatant bias. This is not a political issue it is a moral issue. This is not about some ridiculous political grudge against Al Gore. This even goes beyond Al Gore. THIS IS ABOUT THE SUSTAINABILITY OF THIS PLANET! This is about truth. ABC has now shown it has no morals and should be treated as such. And yes, I'm angry. Outrageous so many others aren't.
      __________________

      From the article:

      The ABC network has refused to air an advert produced by Al Gore's environmental group, ruling that its charge of US government favouritism to the oil industry is too "controversial" for television.

      The TV commercial, part of the WE campaign run by Gore's Alliance for Climate Protection, was submitted for airing after this week's presidential debate between Barack Obama and John McCain - both of whom have vowed to limit greenhouse gas emissions if elected.

      But ABC concluded that the advert violated its internal policy against "controversial" content during network-sponsored programmes, network spokeswoman Julie Hoover told the Guardian.

      "All of our advertising is reviewed on a case-by-case basis, and the context of this particular ad was determined not to be acceptable per our policy on controversial issue advertising," Hoover said.

      The WE campaign has since attracted more than 170,000 supporters to an online petition drive asking ABC to reconsider its decision.

      The script of the advert is similar in tone to political speeches made by Obama and McCain during the election season. An unseen narrator states that climate change can be combated through wind and solar power as well as "end[ing] our dependence on foreign oil".

      Over an image of a young child playing with blocks, the narrator continues: "So why are we still stuck with dirty and expensive energy? Because big oil spends hundreds of millions of dollars to block clean energy. Lobbyists, ads, even scandals. All to increase their profits, while America suffers."

      An ABC email published on the blog of Grist magazine stated that the advert was rejected due to its split-second shot of the US Capitol building.

      "Per our guidelines, national buildings may be used in advertising provided the depictions are incidental to the advertiser's promotion of the product or service," the email stated. "Given the messages and themes of this commercial, the image of the Capital [sic] building is not incidental to this advertising."

      Cathy Zoi, chief executive of the WE campaign, called ABC's decision "outrageous" in light of US networks' frequent airing of adverts from Chevron, Exxon Mobil and other oil companies.

      "As our country faces deep economic problems, we need to be able to have an honest debate about the root causes of our problem," Zoi wrote in an email to supporters of Gore's group on Wednesday.
      Tell me now who really runs these networks. Controversial is merely a replacement for TRUTHFUL. It is a KNOWN FACT that oil lobbyists ... more

      JanforGore

      added this

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      1 hour ago
    • Afghanistan, a country in a 'downward spiral'

      Updated at: 0439 PST, Saturday, October 11, 2008
      Mullen urges India’s role needed in Afghanistan WASHINGTON: The chairman of the U.S. Joint Chiefs of Staff in Afghanistan, Admiral Mike Mullen, has said he feared the situation in the country would worsen, according to reports Friday.

      He added that in the great interest of the region, the war on terror should be extended to the involvement of India in connection with the growing insurgency of suspected Taliban militants in the save heavens in tribal areas of Pakistan

      In light of the poor economic situation and an intensifying Taliban insurgency, he told US media: 'I would anticipate next year would be a tougher year.'

      'The overall development is not going in the right direction,' he said, according to the U.S. newspaper.

      Mullen also singled out the booming heroine smuggling in Afghanistan, as well as the opposition by tribal leaders against the central government in Kabul. There were indications, he said, that the status and trends on the two issues 'are going to continue.'

      On Thursday, a confidential US intelligent report emerged which painted an extremely gloomy picture of the situation in Afghanistan, a country in a 'downward spiral'. It cast serious doubts on the ability of the Afghan government to curb the growing influence of the Taliban.

      Increased cooperation between al-Qaeda militants and the Taliban and an expanding network of militant groups, made the situation extremely complicated, the study said.
      Updated at: 0439 PST, Saturday, October 11, 2008 ... more

      arcticspirit

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      1 day ago
    • Two officials, 46 rebels killed in Afghanistan

      KABUL: A suicide attack in eastern Afghanistan killed two Afghan officials and wounded three others, while 46 militants were killed in clashes with Afghan and foreign troops in the country's south, officials said yesterday.
      The suicide bomber targeted government officials in Bak district of the province of Khost yesterday morning, killing two government officials and wounding two police officers and a civilian, said Provincial Governor Arsala Jamal.
      Taliban militants took responsibility for the attack in a statement posted at their website, and said one of their fighters carried out the attack, killing Shah Laat Noor, the district intelligence chief and 10 others.
      Taliban militants often exaggerate the death toll they inflict on Afghan or foreign forces during their attacks.
      Meanwhile, Afghan police chief of southern Helmand province, Assadullah Shirzad said Afghan forces backed by Nato troops killed 27 militants in Nad Ali district of the province.
      Shirzad said two policemen were wounded in the ongoing operation that started on Thursday in the district.
      US-led coalition forces also claimed yesterday that their forces killed 18 militants in two separate clashes in Nahr Surkh district of the same Helmand province on Wednesday.
      Both firefights began after Taliban militants in the area attacked Afghan and coalition joint patrols, US military said in a statement.
      Due to the remoteness of the area, it was difficult to verify the number of Taliban dead. – DPA
      KABUL: A suicide attack in eastern Afghanistan killed two Afghan officials and wounded three others, while 46 militants were killed in... more

      arcticspirit

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      5 hours ago
    • India will become Iran's main buyer of oil in 2009

      India will become Iran's main buyer of oil in 2009 - Now let that sink in.

      Tehran, Iran, Oct. 10 - Iran said on Friday that India would in 2009 become its top Asian buyer of oil, ahead of China and Japan.

      “We are negotiating with a few Indian companies to sell crude oil in 2009”, said Ali-Asghar Arshi, a senior official in the National Iranian Oil Company (NIOC).

      “Currently the leading customers of Iran's crude oil in Asia are Japan, China and India but next year the top ranking will change to India, China and Japan” said Arshi who is the NIOC's Managing Director for International Affairs.

      Arshi said that Tehran does not currently sell crude oil to Latin American countries, but has recently participated in bids to sell crude to Chile and Uruguay.

      Iran's top European customers for crude oil are Italy, France, Belgium, Greece, and Spain, according to state media.
      India will become Iran's main buyer of oil in 2009 - Now let that sink in. ... more

      arcticspirit

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      3 hours ago
    • The most Dangerous Country in the world Isn't Iraq.

      Follow the money trail... Pakistan requests Iran for oil on deferred payment

      ISLAMABAD:: Pakistan Friday requested Iran to help to meet its growing energy crisis by giving oil on deferred payment. The request was made by Foreign Minister Shah Mahmood Qureshi during talks with his Iranian counterpart Manouchehr Mottaki.

      Talking to newsmen jointly after the meeting, Foreign Minister Shah Mahmood Qureshi said Iran’s has already a system of three month deferred payment but Pakistan has requested to increase this time period.

      He said his counterpart has agreed to take up the issue with his government and the cabinet for increasing the time limit for the deferred payment.

      Qureshi said Iran-Pakistan-India (IPI) pipeline project was of strategic significance and as it has been agreed between in a meeting of President of Pakistan and Iran in New York last month, it has been again stressed that it should be on fast track for the economic benefit of the two countries.

      The Foreign Minister said Pakistan is committed to the IPI project and would go ahead even the third party did not join it at initial stages. He however appreciated India’s decision to join the project.

      He stressed that Pakistan wants that pipeline project should be initiated bilaterally between Pakistan and Iran while India could join afterwards whenever it so desires.

      The Minister said both the countries also agreed to establish a Joint Financing Company for the IPI project.

      Referring to the outstanding issues relating to IPI, the Foreign Minister said out of the five issues, four have been resolved while the fifth issue relating to pricing of the gas being sorted out and it would be settled soon.

      The Minister said both the countries also agreed to enhance people-to-people relations between the two countries and called for more exchanges between the parliamentarians of Pakistan and Iran and decided to further strengthen infrastructure facilities.
      Follow the money trail... Pakistan requests Iran for oil on deferred payment ... more

      arcticspirit

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      1 day ago
    • Libya blocks Swiss oil deliveries

      Libya has stopped all oil shipments to Swizerland, several months after the son of Colonel Gadaffi was arrested there.

      rwylie

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      13 hours ago
    • Nigeria: Shell to Face Trial in U.S. Over Saro-Wiwa

      Oil giant, Royal Dutch Shell Petroleum, will go on trial in the United States on February 9, 2009 for alleged complicity in human rights abuses in the Niger Delta, THISDAY has learned.

      The case entitled Wiwa v. Royal Dutch Shell and Wiwa v Anderson concerns the November 10, 1995 hangings of Ken Saro-Wiwa and eight other members of the Movement of the Emancipation of the Ogoni People (MOSOP) known as "Ogoni Nine" and the shooting of a woman protesting the bulldozing of her farm by Shell in preparation for a pipeline project.

      After several years of litigation, Judge Kimba Wood ruled that the trial would he held next year.

      According to documents made available by EarthRights International, one of the counsel, Shell was engaged in "acts of oppression" against peaceful opposition to the company's environmental damage and human rights abuses in the Ogoni area.

      THISDAY gathered that the plaintiff's action was brought under the Alien Tort Claims Act (ATCA) and alleges violations of the Racketeer Influenced and Corrupt Organisations Act (RICO).

      The defendants dismissed the complaints on grounds of lack of personal jurisdiction over Royal Dutch/Shell and lack of subject matter jurisdiction.

      According to the defendants, ACTA did not apply to a corporation and the claim was precluded by the political questions and act of state doctrines as well as Nigerian law on corporate liability. They also argued that the case should be heard in the Netherlands or England.

      But on September 25, 1998, Judge Wood ruled that personal jurisdiction was appropriate in New York but also ruled that England was a more convenient forum and therefore that the defendant's motion to dismiss should be granted for forum non conveniens (Latin for "inconvenient forum" or "inappropriate forum").

      Plaintiffs appealed to the US Court of Appeals for Second Circuit, arguing that a forum non conveniens dismissal would vitiate Congressional intent to allow plaintiffs claims to be heard in US courts.

      Defendants cross-appealed the ruling personal jurisdiction. And the Court of Appeal on September 15, 2000 reversed the district court's forum non conveniens dismal, thereby concluding that the US was the proper forum.

      The court further upheld the district court's ruling that jurisdiction over the defendants was proper.
      Oil giant, Royal Dutch Shell Petroleum, will go on trial in the United States on February 9, 2009 for alleged complicity in human righ... more

      khromadjo

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      2 responses

      1 day ago
    • ABC won't air this We campaign ad

      Tell ABC you want them to broadcast this Ad now!

      uroborus8

      added this

      8 responses

      24 minutes ago
    • We want green jobs now

      The sooner we become self sufficient as a nation the sooner we can 'buy' our country back from it's lenders (foreign natioins).

      We need 'Green Jobs' now. Wind energy, solar energy and natural gas will help end the massive outflow of money overseas and keep it here on our soil.

      Vote for the candidate that stimulates the economy with wind energy, solar energy and natural gas.
      The sooner we become self sufficient as a nation the sooner we can 'buy' our country back from it's lenders (foreign na... more

      resolute

      added this

      3 responses

      3 hours ago
    • The Mossadegh Project :: Mohammad Mossadegh.com

      Did you know that Iran used to be a democracy?

      "It's a sad story that really began in the 1950's..."
      - President Bill Clinton

      "Iran had a democratic government which was overthrown because of oil."
      - Congressman Dennis Kucinich (D-OH)

      Why did we, our government, help overthrow Mossadegh in 1953? It had to do with oil. So our foreign policy is designed to protect our oil interests."
      - Congressman Ron Paul (R-TX)

      "That's ancient history..."
      - President Jimmy Carter, 1980
      Did you know that Iran used to be a democracy? "It's a sad story that really began in the 1950's..." ... more

      Mossadegh

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      20 hours ago
    • LA TRAGEDIA DEL 911 ANTICIPATA SEI MESI DA UNA SERIE TV!

      LA TRAGEDIA DEL 911 ANTICIPATA SEI MESI DA UNA SERIE TV!

      Il 4 Marzo 2001 (potete verificare la data ovunque) andò in onda sui network televisivi americani, il telefilm "The Lone Gunmen", i cui protagonisti principali sono i "consulenti" di Fox Mulder in "The X-Files", Langly, Byers e Frohike, i cosidetti "Pistoleri Solitari".
      Ebbene in questo "spin-off" di X-Files, nella prima puntanta intitolata "Pilot" si trova la "profezia" di un atroce evento che sarebbe avvenuto qualche mese dopo. Nella puntata pilota si vede un Boeing 747 di una comune linea aerea, pieno di passeggeri, dirottato sul... Word Trade Center. Inoltre l’aereo è dirottato “da remoto” sfruttando il pilota automatico e la natura dei mandanti dell’attentato.

      Nel telefilm l’attacco sarebbe organizzato da alcuni settori del Governo Federale allo scopo di “giustificare l’aumento delle spese militari e l’attacco ad un paese con un regime non affine agli Stati Uniti“.
      E' solo una coincidenza oppure c'è davvero un sospetto (legittimo o meno che sia) che dietro le idee di Chris Carter (ideatore della serie "X Files" e di "The Lone Gunmen") ci sia la supervisione di qualche ente governativo e di "intelligence" USA?

      Sopra alcuni spezzoni del telefilm RILEVANTI (in inglese con i sottotitoli in italiano) rispetto ai tragici eventi che sarebbero realmente accaduti 6 mesi dopo...

      Commenti?
      LA TRAGEDIA DEL 911 ANTICIPATA SEI MESI DA UNA SERIE TV! ... more

      innovari

      added this

      2 responses

      2 hours ago
    • U.S. to limit oil development in polar bear habitat

      The U.S. Interior Department will designate within two years protected areas of the Arctic that are considered critical habitat for polar bears and cannot be harmed by oil development as part of a legal settlement with environmental groups on Monday.

      The Interior Department formally listed polar bears as threatened in May, but did not create protected areas for them.

      Environmental groups said the threatened listing needed to be coupled with habitat designations to protect polar bears from spreading oil development or other industry impacts.

      "You can't protect a species without protecting the place where it lives," said Kassie Siegel, a staff attorney for the Center for Biological Diversity, one of the three groups who sued the Bush administration to secure the designation.

      "After global warming, oil development is the biggest threat to polar bears," said Siegel.

      Oil companies, looking for untapped resources, are turning to the ice-filled waters of the Arctic as potentially lucrative areas for development. Environmentalists see oil development disturbing a delicate habitat for many Arctic wildlife.

      The Center for Biological Diversity, Greenpeace and the Natural Resources Defense Council are still suing the government to have polar bears listed as "endangered," a more critical classification than the current "threatened" listing.

      The groups are also seeking to force the Interior Department to mandate regulation of greenhouse gas emissions, which the environmentalists argue are the root cause of the polar bears' problems.

      When it designated the bears as threatened, the Interior Department acknowledged that the rapidly warming Arctic climate has damaged polar bears' habitat and the species' chances to avoid extinction.

      The partial settlement, filed on Monday in U.S. District Court in Oakland, California, establishes a June 30, 2010, deadline for the critical habitat designation that was considered important to the species.

      "We certainly intended to make a decision on critical habitat anyway," said Bruce Woods, spokesman for the U.S. Fish and Wildlife Service's Alaska headquarters.
      The U.S. Interior Department will designate within two years protected areas of the Arctic that are considered critical habitat for po... more

      jefftego

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      2 days ago
    • Says Chambliss: 'Enough about Wall Street. Let's talk about the gas shor...

      Looks like U.S. Sen. Saxby Chambliss wants to change the topic — back to gasoline and energy. Things were going so much better for the Republican incumbent’s campaign when the focus was on drilling rather being drilled by the stock market.

      Republicans felt shortchanged last month when their victory of the summer — the caving of congressional Democrats on the offshore oil issue — was obliterated by the financial crisis on Wall Street.

      With Georgia just finished with a serious gasoline shortage, Chambliss apparently thought it worthwhile to revive the topic.

      This below, entitled “Insane” was posted on YouTube only a few hours ago. A spokesman for the Chambliss campaign confirmed that it’s a new TV ad headed your way.

      Here’s the script:

      Chambliss: “We have to get the gas price situation under control. We have to explore for oil right here in the United States.

      “We’re dependent on foreign oil for 62 percent of our oil. We have more oil within our country than all the oil in Saudi Arabia.

      “So why in the world would the left-wing Democrats in Congress oppose exploring for oil in America. That’s insane.”
      Looks like U.S. Sen. Saxby Chambliss wants to change the topic — back to gasoline and energy. Things were going so much better for the... more

      khaosworks

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      1 response

      1 hour ago
    • Oil Prices Tumble as Financial Turmoil Goes Global

      "Oil prices broke beneath a key support level Monday, trading under $90 a barrel for the first time in eight months on expectations that a widening financial maelstrom will drastically reduce global demand for energy.

      Light, sweet crude for November delivery fell $3.06 to $90.82 a barrel on the New York Mercantile Exchange, after earlier dipping to $88.89, the lowest level since Feb. 8. On Friday, the November contract lost 9 cents to close at $93.88 a barrel.

      Oil prices have tumbled nearly 40 percent since peaking in July 2008..."
      "Oil prices broke beneath a key support level Monday, trading under $90 a barrel for the first time in eight months on expectatio... more

      EddieStarr

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      3 days ago
    • Nigerian oil rebels release 19 hostages

      LAGOS (AFP) - Militants behind a recent "oil war" in Nigeria's Delta region on Sunday freed 19 local hostages but said they were detaining two Britons and a Ukrainian "for security reasons".

      "The Nigerian hostages rescued from pirates by the Movement for the Emancipation of the Niger Delta have been released in Rivers state," MEND said in an email statement to the media on Sunday.

      MEND told AFP that the 19 Nigerians were part of a group of 27 hostages they said were liberated from "pirates" in mid-September and which they have been holding since.

      The rebels said that the three foreign nationals still being held were "two Britons and one Ukrainian, officially.

      "Due to the location where the expatriates were kept for their safety, they cannot be released at this time because of security concerns," the email added.

      MEND has previously identified the group as comprising 22 Nigerians and two South Africans as well as the British and Ukrainian trio. The South African pair were freed on September 18.

      The release of the 19 comes a day after a British national kidnapped this month in the southern Nigeria's oil hub of Port Harcourt was freed with no ransom paid.

      However, six Filipinos were kidnapped early on Saturday in the Delta region by armed men who attacked their vessel near the key Bonny oil terminal, security sources told AFP.

      The most prominent armed group in southern Nigeria, MEND declared a ceasefire on September 21 following a week of attacks on oil industry targets.

      MEND has changed the security paradigm in Nigeria since its emergence in early 2006 -- multiplying attacks, kidnappings of foreign oil workers and sabotage at oil installations on land and offshore.

      It has caused Nigeria to lose one quarter of its oil production, costing Lagos its place as the biggest crude oil producer in Africa, with Angola recently taking that title.

      The group says it is fighting for a larger share of Nigeria's oil revenue to go to local populations.
      LAGOS (AFP) - Militants behind a recent "oil war" in Nigeria's Delta region on Sunday freed 19 local hostages but said ... more

      Rillz

      added this

      1 response

      23 hours ago
    • At least a half million gallons of crude oil spilled into the Gulf of Mexico

      WASHINGTON - Hurricane Ike's winds and massive waves destroyed oil platforms, tossed storage tanks and punctured pipelines. The environmental damage only now is becoming apparent: At least a half million gallons of crude oil spilled into the Gulf of Mexico and the marshes, bayous and bays of Louisiana and Texas, according to an analysis of federal data by The Associated Press.

      In the days before and after the deadly storm, companies and residents reported at least 448 releases of oil, gasoline and dozens of other substances into the air and water and onto the ground in Louisiana and Texas. The hardest hit places were industrial centers near Houston and Port Arthur, Texas, as well as oil production facilities off Louisiana's coast, according to the AP's analysis.

      "We are dealing with a multitude of different types of pollution here ... everything from diesel in the water to gasoline to things like household chemicals," said Larry Chambers, a petty officer with the U.S. Coast Guard Command Center in Pasadena, Texas.

      More at link
      WASHINGTON - Hurricane Ike's winds and massive waves destroyed oil platforms, tossed storage tanks and punctured pipelines. The e... more

      aspenlve

      added this

      17 responses

      2 hours ago
    • Why your gas cost so much?

      How much does oil companies make per second?

      mashdata

      added this

      1 response

      5 days ago
    • Dubai aims to top its own world's tallest tower

      DUBAI, United Arab Emirates - With its world's tallest building nearing completion, Dubai said Sunday it is embarking on an even more ambitious skyscraper: one that will soar more than 10 American football fields.

      That's about two-thirds of a mile or the height of more than three of New York's Chrysler Buildings stacked end-to-end.

      Babel had nothing on this place.

      "This is unbelievably groundbreaking design," Chief Executive Chris O'Donnell said during a briefing at the company's sales center, not far from the proposed site. "This still takes my breath away."

      The tower, which will take more than a decade to complete, will be the centerpiece of a sprawling development state-owned builder Nakheel plans to create in the rapidly growing "New Dubai" section of the city. Foundation work has already begun, O'Donnell said.

      The area is located between two of the city's artificial palm-shaped islands, which Nakheel also built. The project will include a manmade inland harbor and 40 additional towers up to 90 floors high.

      About 150 elevators will carry employees and workers to the Nakheel Tower's more than 200 floors, the company said. The building will be composed of four separate towers joined at various levels and centered on an open atrium.

      "It does show a lot of confidence in this environment" of worldwide credit problems and a souring global economy, said Marios Maratheftis, Standard Chartered Bank's Dubai-based regional head of research.

      As part of government-run conglomerate Dubai World, Nakheel has played a major role in creating modern-day Dubai, a city that has blossomed from a tiny Persian Gulf fishing and pearling village into a major business and tourism hub in a matter of decades.

      Besides the growing archipelago of man-made islands for which it is best known, Nakheel is responsible for a number of the city's malls, hotels and hundreds of apartment buildings.

      The company said the new project is inspired by Islamic design and draws inspiration from sites such as the Alhambra in Spain and the harbor of Alexandria in Egypt.

      "This is nothing like it in Dubai," said Sultan Ahmed bin Sulayem, Nakheel's chairman.

      Perhaps not quite. But Dubai is already home to the world's tallest building, even if it remains unfinished.

      That skyscraper, the Burj Dubai, or Dubai Tower in Arabic, is being built by Nakheel's chief competitor, Emaar Properties.

      Emaar has kept the final height of the silvery steel-and-glass tower a closely guarded secret, saying only that it stood at a "new record height" of 2,257 feet at the start of last month. It's due to be finished next September.

      The final height of Nakheel's proposed tower is likewise a secret, as is the price tag. The company would only say it will be more than a kilometer (3,281 feet) tall.

      O'Donnell said he was confident that Nakheel could pay for the project despite the financial troubles roiling the world's economy.

      He also brushed aside concerns by some analysts that Dubai's property market is becoming overheated and due for a potentially sharp correction.

      "In Dubai, demand outstrips supply," he said. "There might be a slowdown, but there definitely won't be a crash."
      DUBAI, United Arab Emirates - With its world's tallest building nearing completion, Dubai said Sunday it is embarking on an even ... more

      Pericles1978

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      1 hour ago
    • zeitgeist movie, part II - addendum

      posted online today october 3rd http://video.google.com/videoplay?docid=7065205277695921912

      lfm

      added this

      6 responses

      1 hour ago
    • "Dirty fuels" profit by bailout bill's tax breaks for renewable ene...

      The renewable-energy tax incentives tucked into the financial bailout package passed by the House on Friday include billions of dollars in breaks for old-fashioned fossil-fuel processes such as liquefying coal and squeezing petroleum out of sand and rock.

      These "dirty fuels" are making a tentative comeback among policymakers. Such ventures are aimed at "unconventional" deposits once deemed too expensive or technologically difficult to tap. Backers of the tax breaks believe the substantial incentives might boost these technologies and spur invention of new ones.

      "We feel good about the outcome here, in terms of the government supporting our requirements," said Larry Winter, vice president of Oil Shale Producing Exploration Co., which operates an experimental project in Utah's Uintah Basin. "As we start to expand our project, we will be looking to build our own refinery. That requires a very large capital investment that requires long-term paybacks. Without government support, they are potentially a nonstarter."

      Critics of the measures note that the breaks run counter to the carbon-reduction message Congress intended when it vowed to bankroll clean, renewable technology. And a substantial portion of the tax breaks go to energy companies already flush with record oil profits.

      "This is deeply offensive that they would attach this massive lobby goodie bag to a bill," said Tyson Slocum of Public Citizen, a Washington-based public interest organization.


      "This is a gravy train. The American people are suffering here, and oil companies are getting a tax break. Not even clean energy. This is not a way to make laws. This is not even a way to make sausage."

      The provisions are found in the complicated tax-extenders legislation tacked on by the Senate after the House rejected the original bailout package. Although House members were adamant that the overall tax provisions remain revenue-neutral, the add-ons will cost taxpayers more than $100 billion, according to the Congressional Budget Office.

      Managers in the Senate said the energy provisions were needed to make the bailout more palatable to some Western members.

      Energy companies say oil prices that exceed $100 a barrel make extracting some of these nonconventional fossil fuels profitable.

      A recent report by the Air Force put the cost of building a coal gasification plant at $6 billion or more.

      "They are not going to build those because of the massive capital costs," Slocum said. "This will encourage an industry where no one wants to invest -- for a reason. The question is, should taxpayers' money be used to shovel subsidies for coal?"

      Converting solid coal into a liquid transportation fuel, an industry that does not exist in the United States, could nearly double the global warming effects of the fuel and increase air and water pollution associated with coal mining, according to some scientific estimates. The bill extends production credits for coal gasification plants and includes the end product, aviation fuel, in the alternative fuel category.

      The coal investment credit will cost $389 million next year, the CBO said.
      __________________
      It is obvious Congress is not really concerned about climate change. They will continue to spend our money on subsidies for coal, oil, shale, and nuclear, even though we are calling for them to look to renewable (REAL renewable) energies such as solar, wind, geothermal. They will throw a crumb once in a while, but not enough to give solar the boost it needs to be truly competitive with their cash cows. It's time to go over their heads. And this is the bill Obama and McCain voted for. They claim to want to tackle climate change and then vote for this? No wonder Bush was so quick to sign it!
      The renewable-energy tax incentives tucked into the financial bailout package passed by the House on Friday include billions of dollar... more

      JanforGore

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      3 days ago
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