T. Boone Pickens

Wed, 2013-12-04 13:32Steve Horn
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Documents Reveal ALEC's Looming Attacks on Clean Energy, Fracking Laws, Greenhouse Gas Regulations

The Guardian has released another must-read piece about the American Legislative Exchange Council (ALEC), this time laying bare its anti-environmental agenda for 2014. 

The paper obtained ALEC's 2013 Annual Meeting Policy Report, which revealed that ALECdubbed a “corporate bill mill” for the statehouses by the Center for Media and Democracy — plans more attacks on clean energy laws, an onslaught of regulations pertaining to hydraulic fracturing (“fracking”) and waging war against Environmental Protection Agency (EPA) greenhouse gas regulations.

“Over the coming year, [ALEC] will promote legislation with goals ranging from penalising individual homeowners and weakening state clean energy regulations, to blocking the Environmental Protection Agency, which is Barack Obama's main channel for climate action,” explained The Guardian. “Details of ALEC's strategy to block clean energy development at every stage, from the individual rooftop to the White House, are revealed as the group gathers for its policy summit in Washington this week.”

The documents also reveal ALEC's boasting of introducing myriad “model resolutions” nationwide in support of fast-tracking approval for the northern half of Transcanada's Keystone XL pipeline, along with another “model bill” — the “Transfer of Public Lands Act” already introduced in Utah — set to expropriate federally-owned public lands to oil, gas and coal companies. 

Tue, 2013-06-25 13:16Steve Horn
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Obama Climate Plan Touts Gas Fracking As "Transition Fuel," Doubling Down on Methane Risk

Today, President Barack Obama announced his administration's “Climate Action Plan” for cutting carbon pollution in his second term in the Oval Office at Georgetown University and unfortunately, it's a full-throttle endorsement of every aspect of fracking and the global shale gas market.

Hydraulic fracturing (“fracking”) is the toxic horizontal drilling process via which gas is obtained from shale rock basins around the world, and touting its expanded use flies in the face of any legitimate plan to tackle climate change or create a healthy future for children. 

Here is what President Obama said today at Georgetown about natural gas and fracking:
 
Now even as we're producing more domestic oil, we're also burning more clean-burning natural gas than any country on earth. And again, sometimes there are disputes about natural gas, but we should strengthen our position as the top natural gas producer because in the medium-term at least, it can provide not only safe cheap power, but it can only help reduce our carbon emissions.

Federally-supported technology has helped our businesses drill more effectively and extract more gas. And now we'll keep working with the industry to keep making drilling cleaner and safer, make sure that we're not seeing methane emissions, and to put people to work, modernizing our modern infrastructure so that we can power more homes and businesses with cleaner energy. The bottom line is natural gas is creating jobs, it's lowering many familes' heat and power bills and it's the transition fuel that can power our economy with less carbon pollution, even as our businesses work to develop and then deploy more of the even cleaner technology for the energy economy of the future.

Sun, 2012-11-18 11:45Steve Horn
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Locking in Dirty Energy Demand: GE Signs Deal with Clean Energy Fuels for Gas-Powered Vehicles

On November 13, Clean Energy Fuels (CEF) signed a deal with General Electric (GE) to purchase its natural gas vehicle fueling assets in an effort to expand what it describes as “America’s Natural Gas Highway.”

CEF is owned on a 20.8 percent basis by T. Boone Pickens, energy magnate and owner of the hedge fund, BP Capital. Andrew Littlefair, President and CEO of CEFdescribed the deal as one of the “most significant milestones in Clean Energy’s history.”

The deal, “will enable trucks to operate [on natural gas] coast to coast and border to border.”

Forbes dug into the nuts-and-bolts of the deal:

Sun, 2011-12-04 13:00Steve Horn
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U.S. Rep. Dan Boren, Exemplar of Political Corruption

Today, The New York Times ran an investigative piece uncovering a thick, multi-layered corruption scene, honing in on one man: U.S. Rep. Dan Boren (D-OK). Boren, many will recall, is one of the original co-sponsors of H.R. 1380, the NAT GAS Act, also known as the Pickens Plan, which would given tax credits to natural gas vehicles - the bigger the vehicle the more tax credits recieved. 

As I have covered on numerous occasions, the NAT GAS Act was written by and for the trio of energy magnate T. Boone Pickens; Pickens' long-time business partner and President and CEO of Clean Energy Fuels Corp., Andrew Littlefair; and Chesapeake Energy's CEO Aubrey McClendon. I coined the three a “self-enriching trifecta.” 

Boren, as revealed by the Times, has served for years as a useful pawn for the unconventional gas industry insiders, or what the Occupy movement has rightfully coined the “one-percent.”

As Gas Riches Remake Plains, Lawmaker Shares in Bounty,” the NYT article written by Eric Lipton, reveals many important ties between Boren and the gas industry which he is dutifully serving as a “public servant.”

Mon, 2011-09-26 11:33Steve Horn
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"Haynesville" Shale Gas Industry Documentary Exposed on AlterNet

This weekend, AlterNet published a long investigative piece that I wrote on a documentary that has made the rounds at film festivals and conferences around the country.

Titled, “Haynesville: A Nation's Hunt for an Energy Future,” the movie has pegged itself as the host of the “middle ground” conversation on domestic natural gas drilling, using the Haynesville Shale, located predominantly in northwest Louisiana, as a case study.

What goes unsaid each time the film director, Gregory Kallenberg, goes on tour, is that Kallenberg is an oil and gas man, with familial industry ties in the Shreveport area dating back 80+ years. Prior to the release of this article, his gas ties have flown under the radar since the film's release in late-2009.

An excerpt from my AlterNet article explains some of this in more depth: 

Sun, 2011-09-25 11:53Steve Horn
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NAT GAS Act That Would Overhaul U.S. Fueling Infrastructure Moves Forward

On Thursday, the U.S. House Ways and Means Committee's Subcommittee on Select Revenue Measures held a hearing on Energy Tax Policy and Tax Reform.

Three separate panels were held within the hearing itself: one on green energy credits included in the American Recovery and Reinvestment Act of 2009, another examining different view points on the proper role of the tax code in promoting U.S. energy policies, and the third on House Resolution 1380, the NAT GAS (New Alternative Transportation to Give Americans Solutions) Act.

As stated in an earlier article, “The bill is 24-pages long and rewards [natural gas vehicles] with tax [subsidies] to help 'drive' consumption. The bigger the vehicle, the more tax credits given.” The bill's main purpose is to build up a massive fueling and vehicle infrastructure for the natural gas industry, which currently does not exist in the United States.

The NAT GAS bill was written by and for natural gas insiders, chief among them energy magnate T. Boone Pickens, Chesapeake Energy CEO Aubrey McClendon and Clean Energy Fuels CEO Andrew Littlefair – referred to in an earlier post as the “self-enriching trifecta.” The bill currently possesses 183 bipartisan co-sponsors and until finally getting a hearing Friday, had sat in the Congressional coffers since early April.

Mon, 2011-07-25 23:51Steve Horn
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Chesapeake "Declaration of Energy Independence": NAT GAS Act Embodied

This article has been cross-posted with permission of the Center for Media and Democracy’s PR Watch.

On July 11, Chesapeake Energy, the second largest methane gas corporation in the United States, announced its  “bold new plan”: a “Declaration of Energy Independence” for America’s energy future. (“Natural gas” is the public relations term the industry uses for methane gas, because it sounds so much more appealing than the real name.)

The plan is double-pronged and will no doubt lead to increased levels of fracking, the process drilling companies use to extract methane gas in areas like the Marcellus Shale and other shale deposits throughout the country. Fracking is a dirty process, as covered in-depth by DeSmogBlog in an April 2011 report titled, “Fracking the Future: How Unconventional Gas Threatens our Water, Health, and Climate.”

First, Chesapeake will pour $150 million into Clean Energy Fuels Corporation (CEF). Energy tycoon and hedge fund manager T. Boone Pickens sits on CEF’s Board of Directors and owns a 41 percent stake, according to the company’s March, 2011 10-Q filing. That money will go toward funding methane gas fueling stations along federal highways spanning the country.

Second, Chesapeake has purchased a $155 million, 50 percent stake in Sundrop Fuels, Inc.  Chesapeake’s CEO, Aubrey McClendon, is also the CEO of Sundrop Fuels.

While superficially a “bold new plan,” the reality is that the plan serves merely as the embodiment of the vision outlined in House Resolution 1380, the NAT GAS Act of 2011 (New Alternative Transportation to Give Americans Solutions Act of 2011), with all of the same key players still in the fold.

Wed, 2011-06-15 15:17Steve Horn
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NBC/GE, Dylan Ratigan Show, and the Methane Gas-Media Industrial Complex

Yesterday, I published an article for the Center for Media and Democracy’s PRWatch titled, MSNBC’s (GE’s) Dylan Ratigan Show ‘Firewater?’ Series: Natural Gas Industry-Media Complex Exposed.

Among other things, the article lays out the fundamental flaw with NBC’s coverage of anything pertaining to methane gas drilling–they are a “player in that game,” to put it bluntly, with a direct financial interest in the project occurring.

The article then proceeds to discuss, based on that troubling journalistic premise, the “Firewater?” series that took place on the Dylan Ratigan Show from Wed. June 8 through Fri., June 10, revealing all the ways that overarching premise flawed what was pitched as “in-depth coverage,” but in reality, served as a three-day advertising campaign for General Electric and the methane gas industry (an industry GE is a part of).

Wed, 2008-08-13 14:01Richard Littlemore
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T. Boone Pickens Sniffs the Wind, Makes a Plan

I Love Capitalists

Takeover king T. Boone Pickens has a plan to save America from its unaffordable dependence on foreign oil: switch to wind.

Of course, critical to this plan is a national willingness to support the switch and to start buying wind power in large amounts from - well, more likely from T. Boone Pickens, who is currently building the largest wind farm in the world in Pampa, Texas. Excellent!

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