Lauren Steiner: For those of you who are worried about hydraulic fracturing, otherwise known as fracking, coming to California, you might be shocked to find that it is already here.
As Coal King Retires to $12 Million, Mine Safety Struggle Goes On
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Marian Wang: It’s probably safe to say that Don Blankenship had something to celebrate with the new year. Last Friday, the CEO of Massey Energy retired, and according to company disclosures [1] he received $2 million that day.
The Rebirth of Regulation
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Robert Reich: What do oil giant BP, the mining company Massey Energy, and Goldman Sachs have in common? They’re all big firms involved in massive plunder. BP’s oil spill is already one of the biggest and most damaging in American history. Massey’s mine disaster, claiming the lives of 29 miners, is one of the worst in recent history. Goldman’s alleged fraud is but a part of the largest financial meltdown in 75 years.
Coal: There Is No Good Way to Get It
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John Peeler: The wrenching drama of the latest coal mine disaster, this one at the Upper Big Branch coal mine in West Virginia, reminds us to be careful what we wish for. Just as the Obama administration is finally imposing a moratorium and stronger regulations on “mountaintop removal” as a means of getting at coal through open-pit mining, an explosion in a deep mine points up the hazards of getting at coal the traditional way.
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