In light of the attacks on Tom Steyer from sources linked to the Koch Brothers, InsideClimate News posted a story the other day providing a detailed account of how the Koch brothers made their money. To put it mildly, it’s not a pretty picture.
Steyer’s turnaround took moral courage, they argued, and asked: What about the Koch brothers? What is their history with global warming emissions?
It turns out the Koch brothers built their first fortune on the particularly dirty form of oil mined in Alberta’s tar sands, where they have been major players for 50 years, and remain deeply invested.
The key moment came in1969, when Charles Koch secured full ownership of a heavy oil refinery in Minnesota that his father had a stake in.
In his 2007 book Charles Koch called that acquisition “one of the most significant events in the evolution of our company.” The refinery was a doorway that permitted Koch Industries “to enter chemicals and, more recently, fibers and polymers,” he said.
If you want to know more about the Koch brothers and how they built their fortune, InsideClimate News has a helpful timeline with detailed information. It’s well worth checking out, just so we all know exactly what we’re up against with these folks.
The following video will definitely get no argument from us. For more, see here:
The ad, from green groups Oil Change International, The Other 98% and Environmental Action, is a follow-up to last year’s “Exxon Hates Your Children” video.
The original ad was slated to air on Fox News in the Houston and Denver markets during the 2013 State of the Union address, but it was pulled at the last minute after Exxon Mobil Corp. gave a cease-and-desist order to Comcast.
The new ad was released Tuesday and accompanies a crowdfunding campaign to buy airtime across the country.
So, in addition to polluting the environment and fighting a rapid transition to clean energy, a new article adds yet another reason why we’re not fans of the oil industry.
The oil industry could waste up to $1.1 trillion in the next decade on unnecessarily expensive drilling projects, such as those in the Arctic and deep water, according to a new study.
That’s the total that oil explorers would have to spend through 2025 on projects that would require oil prices of at least $95 a barrel just to break even, Bloomberg News reported, citing a study by the Carbon Tracker Initiative.
Oil companies do not need to spend that money, because the amount of oil that the world could consume without warming the planet to dangerous levels is available from less expensive places that can be developed for $75 a barrel, the study said.
So here’s an idea for the oil industry: instead of wasting $1.1 trillion trashing the environment, how about investing that money into energy efficiency, solar power, wind power, and other forms of clean, renewable energy? Come to think of it, perhaps investors in these companies should start demanding that.
Fossil fuel spills, messes, accidents and even disasters occur all the time, but it’s highly likely that most aren’t reported by the media. In this feature on Scaling Green, we’re going to keep an informal, running tally of notable oil, natural gas, and coal messes in the United States that were reported in the news media. And just for run, we’ll also throw in any solar spills, aka “sunny days,” that happen to come along. For instance, today (April 3, 2014) is a beautiful, sunny day in Arlington, Virginia, where Scaling Green is headquartered.
OIL April 30, 2014: Crude Oil Train Derails, Catches Fire, Spills Into Virginia’s James River (“A CSX freight train carrying crude oil derailed in Lynchburg, Virginia Wednesday afternoon around 2 p.m. according to local authorities, ‘causing extensive flames and dense black smoke’ to reach into the air.”) April 30, 2014: BP Well Sprays Crude Oil Mist Over 27 Acres Of Alaskan Tundra (“A large pipe attached to a BP-owned well pad on Alaska’s North Slope has sprayed an oily mist of natural gas, crude oil, and water over an area of tundra larger than 20 football fields, state officials confirmed Wednesday.”) March 24, 2014:BP more than doubles estimate of oil spill in Lake Michigan (“BP, the petroleum giant, has more than doubled its estimate of how much crude oil it spilled this week into Lake Michigan, a source of drinking water for some 7 million people in Chicago and its suburbs.”) March 22, 2014:Shipping Channel Opens Partially After Huge Oil Spill in Galveston Bay (“Almost 100 ships had been waiting to pass since 4,000 barrels of oil leaked into Galveston Bay on Saturday from a barge that collided with a ship.”) March 21, 2014: Hiland Crude Pipeline Spills Oil Near Alexander, ND (“Cleanup workers have contained about 34,000 gallons of crude that spewed from a broken oil pipeline in northwestern North Dakota, a state health official said Friday.”) December 30, 2013: 400,000 gallons of crude oil spilled in North Dakota train crash (“About 400,000 gallons of crude oil spilled from 18 rail cars after after a Dec. 30 derailment near Casselton, N.D…An ensuing explosion sent a massive mushroom cloud of fire above the prairie and forced the evacuation of 1,400 residents”) March 29, 2013: 2013 Mayflower oil spill (“…an ExxonMobil pipeline carrying Canadian Wabasca heavy crude from the Athabasca oil sands ruptured in Mayflower, Arkansas, about 25 miles northwest of Little Rock… A reported 5,000−7,000 barrels of crude were spilled” from Exxon’s Pegasus pipeline.) March 9, 2013: 2013 Magnolia Refinery Oil Spill (“…the line between a vital pump and an oil storage container broke…a reported 15,000 barrels…of crude oil into the Little Corney Creek [near] the town of Magnolia, Arkansas. The resulting oil slick was approximately 1.5 miles (2.4 km) long on the surface of the water…”) October 29, 2012: Arthur Kill Oil Spill: Hurricane Sandy’s Surge Dumps Diesel Into New Jersey Waterway (“…almost 350,000 gallons of fuel that spilled as a result of superstorm Sandy…a tank ruptured at a storage facility owned by Motiva Enterprises LLC, a joint venture of Shell and Saudi Refining Inc. Diesel spilled into the Arthur Kill, a narrow waterway separating New Jersey and Staten Island…”) July 1, 2011: Yellowstone River Oil Spill (“An ExxonMobil pipeline which runs from Silver Tip, to Billings, Montana ruptured about 10 miles west of Billings…The resulting spill leaked an estimated 1,500 barrels of oil into the Yellowstone River…for 56 minutes before it was shut down.”) July 26, 2010: Kalamazoo River oil spill (“…a 40-foot pipe segment in Line 6B, located approximately 0.6 of a mile downstream of the Marshall, Michigan pump station, ruptured. The rupture in the Enbridge Energy pipeline caused a 877,000 US gallons (3,320 m3) spill of diluted bitumen also called tar sands or heavy crude oil originating from Canada (Alberta and Saskatchewan) into Talmadge Creek in Calhoun County, Michigan, which flows into the Kalamazoo River”)
COAL February 3, 2014: Up To 82,000 Tons Of Toxic Coal Ash Spilled Into North Carolina River From ‘Antiquated’ Storage Pit (“Duke Energy, which owns the Dan River Steam Station, retired since 2012, estimates that 50,000 to 82,000 tons of coal ash and up to 27 million gallons of water were released from the 27-acre storage pond [into the Dan River]…Coal ash is a toxic waste byproduct from burning coal, usually stored with water in large ponds.”) January 9, 2014: 2014 Elk River chemical spill (“crude 4-methylcyclohexanemethanol…was released from a Freedom Industries facility into the Elk River, a tributary of the Kanawha River, in Charleston…West Virginia…up to 300,000 residents within nine counties in the Charleston, West Virginia metropolitan area were without access to potable water.”)
On Thursday, the Justice Department announced the biggest environmental settlement in history with Anadarko Petroleum, reaching a $5.15 billion deal to clean up dozens of sites across the United States and compensate more than 7,000 people living with the effects of the contamination.
So how many places were touched by Kerr-McGee’s toxic legacy of uranium mining, wood treatment, rocket-fuel processing and other activities? Take a look at this map…
Click here to view the map of Kerr-McGee environmental sites. Note that Kerr-McGee’s toxic legacy touches almost every state in the country. Also, why are we not surprised that Kerr-McGee is a subsidiary of an oil company?