BP to Pay $4.5 Billion in Penalties For Its Role in Gulf Oil Spill Yup, the fine will take them FOUR DAYS to make up in revenue based on BP’s 2011 earnings figures. Read more More
Best Twitter Exchange Ever: T. Boone Pickens Trolls … Drake? T. Boone Pickens is an 84-year-old former corporate raider turned alternative energy activist. Drake is 25-year-old ‘Degrassi’ alum turned rapper who only lives once. That’s what makes this the best repartee in Twitter history. Read more More
Congress Repeals Incandescent Light Bulb Ban Tucked inside the new spending bill is language that effectively overturns the 2007 legislation to make light bulbs 30 percent more efficient. That law was passed with overwhelming bipartisan support. Read more More
Guess Who Just Won $27 Million Worth of Leases to Drill for Oil and Gas in the Gulf? Yup, the same BP that basically murdered the Gulf of Mexico in 2010. Wouldn’t the stronger message here to corporations be that if you monumentally screw up and cause catastrophic damage to the environment there’s a stiff penalty to pay? Read more More
Rick Perry Mistakes Company Solyndra for Country Solynda Perry was hammering Obama about his spending and used the president’s $500 million loan to the country Solynda. Which would have been a good point, but he was referring to the loan made to Solyndra, a company. Read more More
Water’s on Fire: EPA (Finally) Claims Fracking May Cause Groundwater Pollution The Environmental Protection Agency announced on Thursday that fracking may be blamed for causing groundwater pollution. The report is specific to one operation, but could have wider implications. Read more More