NY Lawmakers Want State Pension Fund to Divest from Fossil Fuels
It looks like students at the University of Pittsburgh aren’t the only the only ones who are devoid of intelligence (see Pitt Brats “Demand” Endowment Divest from < 1% Fossil Investments). You can now add a group of Democrat lawmakers in New York State’s Senate and Assembly to the list of fools. Some two dozen Democrat lawmakers want State Comptroller Thomas DiNapoli (radical Democrat), the sole trustee in charge of investing the state’s public workers pension fund (worth $178.3 billion), to sell any investments the fund has in companies that engage in extracting fossil fuels. Why? Because they believe in the fairy tale that burning fossil fuels causes Mother Earth, whom they worship, to heat up. Never mind global warming isn’t actually happening and hasn’t been happening for nearly 20 years (see Inconvenient Global Warming Fact: Avg Temp Hasn’t Risen in 18 Yrs)–it’s what you can make people believe that counts…
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Seems to us like folks in Kentucky swing more to the liberal side of the isle when it comes to opposing natural gas drilling and pipelines. Just our observation over time. We think they overreact to anything related to fracking and gas drilling. However, in this case, we don’t think they’re overreacting. It appears that 47 dumpsters full of concentrated frack waste from OH, PA and WV was illegally dumped in a Kentucky landfill in Estill County, KY. They were buried between last July and November, near as anyone can tell. And the landfill sits across the road from a school. Normal frack waste has extremely low (usually no) kind of radioactivity. But when drill cuttings are further processed and concentrated, as was the case with this series of loads, the naturally occurring radiation present can become more concentrated. There’s no indication of a problem at the landfill…no indication that it’s leaking radioactivity into the water table, etc. Radiation levels are being monitored and do not show anything above normal background levels. But still, somebody somewhere should have known this was happening. Local residents have a right to be up in arms over not being told…
There was a small fire at an Antero Resources well pad in Doddridge County, WV last Thursday. Antero immediately shut down the four producing natural gas wells and contacted local first responders who put the fire out. The important news is that (a) nobody was hurt, (b) the environment was not harmed, and (c) the wells are secure and there is no danger. What happened is this: When natural gas comes out of the borehole, more than just methane comes out. Along with methane comes other hydrocarbons and water. There is a separating unit on the pad to strip out the water and some of the other substances from the methane. That unit failed, allowing some methane to escape which then caught fire. The good new is that safety precautions worked and the fire did not spread. Below are the details…