Eco-Nut Investor Groups Trot Out Faux Report on Fracking “Risks”
Last week four anti-drilling groups, who also happen to have gobs of money (investor groups), issued an anti-drilling “report” and “scorecard” titled Disclosing the Facts: Transparency and Risk in Hydraulic Fracturing Operations. The so-called “report” supposedly shows drillers, many of them active in the Marcellus and Utica Shale, are not fully disclosing the nebulous “impacts” of fracking on communities near where they drill. The aim of the four organizations issuing the report–As You Sow, Boston Common Asset Management, Green Century Capital Management, and the Investor Environmental Health Network (IEHN)–is to get investors to stop investing in oil and gas companies and instead invest in their companies (i.e. mutual funds) because they back “renewable” and “sustainable” energy. Anyone else see a big, fat conflict of interest here?
Of course mainstream media (like Bloomberg) dutifully and unquestioningly regurgitates the press release and so-called “report” from these anti-drillers as real news. Below is the press release and the “report” itself, in case you care. We bring it to you to show you a glittering example of what charlatan propaganda looks like…
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This is rich. The head of the Republican Party in New York State, Ed Cox, criticizes Democrat Gov. Andrew Cuomo over the issue of his impotency on the fracking issue (see
The autocratic tendencies of liberals are amusing (and scary) to watch. Case in point: Teresa Heinz Kerry, chairwoman of the Heinz Endowments. Kerry finally addressed the issue of the Heinz Endowments firing three high profile employees, including the Endowments’ president Bobby Vagt (see
MDN has written many times about the odious and misnamed Food & Water Watch (FWW)–an anti-fossil fuel, anti-drilling group behind a lot of so-called “spontaneous” protests against fracking. We always knew the FWW faithful were misguided in their opposition. Unfortunately we have to be honest and add another adjective in the descriptor of FWW protesters: dumb.