Obama To Bomb Iraq To Protect Advisors He Sent In, Prevent Ethnic Killing, Secure US Oil Contracts

By: Friday August 8, 2014 5:19 am

Is this Iraq War III? President Barack Obama has ordered airstrikes in Iraq against ISIS forces officially entering America into the civil war in Iraq. The bombing is supposed to stop an ethnic cleaning campaign of the Yazidis by ISIS and protect military advisors that Obama sent into the country a few months ago. Also [...]

Battle Lines Drawn On New Coal Industry Rules

By: Thursday May 29, 2014 10:33 am

On June 2nd the Environmental Protection Agency is set to propose “legally sound” guidelines for limiting carbon dioxide under the Clean Air Act for existing power plants. The rules are anticipated to be enforced by executive action from President Obama, a move that is likely to infuriate Republican members of Congress. Implementing proposed EPA rules [...]

JPMorgan Pays $410 Million For Enron-Style Manipulation Of Energy Market

By: Monday August 5, 2013 7:51 am

 It’s the same old song. JP Morgan Chase & Co. has been caught once again breaking the rules to snatch profits and will only have to pay a small portion of its loot to make it all go away. No criminal prosecutions and no reforms, just a speeding ticket on the bankster highway. This time [...]

JPMorgan Accused Of Manipulating Energy Markets

By: Tuesday July 30, 2013 12:00 pm

Too Big To Fail Megabank JPMorgan Chase is back on the government’s radar. The bank has been under investigation numerous times after taking a bailout during the 2008 financial crisis – most notably for the London Whale trade – and is now under scrutiny for its trading activities in the energy market. The accusation comes [...]

IMF: Fight Climate Change By Ending Subsidies To Fossil Fuel Industry

By: Monday April 1, 2013 7:18 am

The International Monetary Fund (IMF) has a new report out claiming that fossil fuel is “mispriced” and that eliminating subsidies to the fossil fuel industry and adding carbon taxes could cut greenhouse gases by 13 percent. Energy subsidies are pervasive and impose substantial fiscal and economic costs in most regions. On a pre- tax basis, [...]

Fracking Industry Moves to Recycling Wastewater

By: Monday November 19, 2012 11:38 am

The fracking boom happened so quickly that nobody had any time to deal with the consequences. Not only did politicians not anticipate regulations, allowing the industry to operate in a kind of free-fire zone, but the industry didn’t recognize the massive amounts of limited resources they would need to continue fracking in the future. Specifically, [...]

JPMorgan Chase, Credit Suisse Don’t Have to Admit Wrongdoing in Another SEC Settlement

By: Friday November 16, 2012 2:45 pm

In another in a long line of weak settlements where the perpetrators of fraud don’t have to technically say whether or not they’ve committed it, the Securities and Exchange Commission reached agreement with JPMorgan Chase and Credit Suisse on a collection of violations related to the handling of mortgage backed securities. JPMorgan Chase and Credit [...]

Gulf Coast Oil Rig Explosion Kills Two

By: Friday November 16, 2012 10:11 am

A day after a record $4.5 billion criminal settlement in the BP oil disaster, another Gulf Coast oil rig exploded. An oil rig explosion off the coast of Louisiana sent four people to hospital Friday and two others were believed to be missing, Coast Guard officials said. Coast Guard spokesman Drake Foret said the fire [...]

California Begins Cap and Trade Auction

By: Wednesday November 14, 2012 9:15 am

California ushers in a new era today with one of the the first greenhouse gas emission auctions in the United States. The state passed the Global Warming Solutions Act in 2006, and six years later, the cap and trade program on carbon emissions in the law is operational and ready for action. More than six [...]

The Fate of Energy Policy in the Lame Duck Session

By: Wednesday November 14, 2012 8:30 am

I don’t think the late-in-the-game bid for a carbon tax will come to pass, but energy policy will become critical in the coming weeks, with expiring measures and controversial subsidies up for bid. The biggest threat to our energy future in the near term – and that’s not much of a hyperbole – is the [...]

The No Accountability for Bank Fraud Blues

By: Thursday November 1, 2012 7:45 am

I noted yesterday that the Federal Energy Regulatory Commission planned to fine Barclays Bank for its role in manipulating US energy markets. The fine came out and it was a record, a $470 million penalty. After the London market had closed, the Federal Energy Regulatory Commission announced the scale of the fine – $435m, plus [...]

support firedoglake
Follow FDL News Desk
TODAY’S TOP POSTS
Advertisement
FROM PR NEWSWIRE

Close