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Despite Opposition, Scotland Announces Fracking Ban - Calls For US To Do The Same

Despite Opposition, Scotland Announces Fracking Ban - Calls For US To Do The Same

Authored by Julia Conley via TheAntiMedia.org,

“We have so much wind and wave power that it is retrograde in the extreme to lend any support to the fracking industry.”

Environmental groups from around the world applauded Scotland on Tuesday for its decision to ban fracking, following an overwhelming public outcry against the practice - and called for the United States and the rest of the United Kingdom to follow suit.

Auto OEMs Plan To Flood Market With New Electric Car Models Despite Massive Losses

Auto OEMs Plan To Flood Market With New Electric Car Models Despite Massive Losses

Last month we noted that Tesla really outdid itself in 2Q 2017 by posting a record cash burn of $1.2 billion, or roughly $13 million every single day.  Per the chart below, Tesla's Q2 cash burn was just a continuation of the company's money-losing trend that goes back at least 6 years and seems to be getting worse with each passing quarter.

But Tesla isn't alone in burning cash on "EV's" as pretty much every electric vehicle offered to customers loses money on a per unit basis.

TEPCO Admits Contaminated Water Leaked Into Fukushima Groundwater "Due To Erroneous Gauges"

TEPCO Admits Contaminated Water Leaked Into Fukushima Groundwater "Due To Erroneous Gauges"

In a revelation that, for some, will dredge up memories of TEPCO’s stunning admission back in 2013 that nearly 300 tonnes of radioactive material had leaked from the ruins of the Fukushima Daiichi nuclear-power plant into the water outside, contaminating virtually the entire Pacific Ocean, officials at the Japanese power company told the Associated Press that contaminated water may have leaked into the soil surrounding the plant after human error caused safety mechanisms to fail.

California Assemblyman Promises Bill To Ban Gas Cars By 2040

California Assemblyman Promises Bill To Ban Gas Cars By 2040

San Francisco Assemblyman Phil Ting would like for you to know that he has every intention of introducing new legislation in 2018 that will (i) make it much more difficult for low-income Californians to buy affordable vehicles and (ii) increase greenhouse gas emissions.  Of course, Ting didn't word it in exactly that way but his proposal to ban combustion-engine vehicles will inevitably result in both of the unintended consequences above.

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