BP reneges on deal to rebuild oyster beds, repair wetlands, Louisiana officials say

By Mark Schleifstein, The Times-Picayune February 21, 2011 BP has reneged on promises made in November to negotiate early payments to Louisiana to help rebuild oyster beds, repair damaged wetlands and build a fish hatchery to allow the state to respond immediately to the collapse of commercial fisheries in the wake of the BP Gulf […]

Indonesian Borneo and Sumatra lose 9 percent of forest cover in 8 years

February 25, 2011 (mongabay.com) – Kalimantan and Sumatra lost 5.4 million hectares, or 9.2 percent, of their forest cover between 2000/2001 and 2007/2008, reveals a new satellite-based assessment of Indonesian forest cover. The research, led by Mark Broich of South Dakota State University, found that more than 20 percent of forest clearing occurred in areas […]

Graph of the Day: Average US Household Income and Change in Share of Income, 1979-2007

Source: Congressional Budget Office [pdf] A huge share of the nation’s economic growth over the past 30 years has gone to the top one-hundredth of one percent, who now make an average of $27 million per household. The average income for the bottom 90 percent of us? $31,244. Note: The 2007 data (the most current) […]

BP knew of problems, but left them unattended before Gulf oil well blowout, new report says

Published: Thursday, February 17, 2011, 11:05 PMBy David Hammer, The Times-Picayune New evidence unearthed by investigators shows that in some key moments before the Deepwater Horizon exploded in the Gulf of Mexico, BP leaders were disengaged from critical tests and recognized major problems, but they failed to communicate their concerns or take corrective action. The […]

Suit says BP official resigned over safety issues

By JUAN A. LOZANO, Associated Press Tue Feb 15, 3:14 am ET HOUSTON – A former official with BP’s drilling operations in the Gulf of Mexico resigned just months before last year’s oil spill because of disagreements with the oil giant over its commitment to safety, according to a class-action federal lawsuit related to the […]

KOCH KILLS: Billionaire bashing in Rancho Mirage, California

By Mike Roddy14 February 2011 We came dressed for battle at Rancho Las Palmas Hotel. Gail Zawacki and I had matching tuxedo shirts, top hats, ghoul masks, and the best sign ever: KOCH KILLS, on an eight by two foot banner, painted in dripping red by Gail. We’d been planning it for weeks, and came […]

Greenpeace urges west Africa to protect fish stocks from poaching and overexploitation

By Staff WritersDakar (AFP) Feb 11, 2011 Conservation organisation Greenpeace on Friday urged west African countries to combat illegal fishing and over-fishing in their waters, in a statement released at the World Social Forum in Senegal. “We must tirelessly engage with authorities to ensure that the problems of illegal fishing and over-fishing in west Africa […]

Philippines ban logging following deadly floods

By Sally Davies6 Feb 2011 The president of the Philippines, Benigno Aquino, has imposed a nationwide ban on logging after floods which affected a high proportion of the country. The president said that too much logging was resulting in these areas being more susceptible to flooding and landslides. However, it is expected that it will […]

Republicans meet with polluters to plan legislative attack on Environmental Protection Agency

By DARREN GOODE & ROBIN BRAVENDER1/20/11 4:32 AM EST Top staff members for key House and Senate Republicans met in a closed-door session Tuesday with energy industry interests to work on strategy to handcuff the Obama administration’s climate change agenda. With the backing of GOP caucus leaders, aides for House Energy and Commerce Chairman Fred […]

Paul Kedrosky: Don’t count on technology to save us

Adam Taggart, www.Chrismartenson.com Jan. 21, 2011, 10:11 AM This week’s Straight Talk contributor is Paul Kedrosky. Paul is an investor, writer, entrepreneur and editor of the widely-followed econoblog Infectious Greed. He is a prolific engine of commentary on the economy, the markets, and society – often looking through the lens of how technology serves (and […]

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