Vermont Yankee Nuclear Plant to Shut Down in 2014 – August 29, 2013

Entergy's decision to dismantle the plant ends a nasty legal battle between the company and the state of Vermont

In the aftermath of the Fukushima Daiichi nuclear power plant disaster, the nuclear energy sector has seen a downturn, enduring bad press and changing financial trends as well as racking up a running list of safety issues in plants around the world. 

Entergy cited low gas prices due to the fracking boom as reason for the closure.

Nuclear energy opponents have seen a series of successes recently, from the closing of San Onofre in California to the Paducah plant in Kentucky in May. Yesterday, Entergy Corp. announced it would decommission Vermont Yankee in 2014, the state’s only nuclear power plant. 

Nuclear… more

by: Ecowatch

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President Obama’s Climate Action Plan: Not Even Close – August 16, 2013

White House blueprint on tackling global warming has zero chance of stabilizing the climate

In June, after more than four years as president, President Obama finally proposed a climate action plan for America. True to form, the president gave an eloquent speech, with strong words for those still in denial about the severity of the crisis we face: “We don’t have time for a meeting of the Flat Earth Society.”

President Obama during his climate speech at Georgetown University on June 23.

Unfortunately for all of us, the blueprint he presented is more PR than plan, and has zero chance of stabilizing the climate. To the contrary, it promises even… more

by: Ecowatch

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Monsanto’s Stock Becoming High Risk as Demand for GMO Labeling Grows – August 15, 2013

More than 90 GMO-labeling bills were introduced in at least 26 US states over the past year

This article orginally appeared in EcoWatch

Whether you believe genetically engineered (GE) foods ought to be labeled or you believe they ought to be outright banned, this very debate means bad news for notorious Big Ag biotech giant Monsanto.

Photo by Alexis Baden-Mayer/Flickr

In a recent article published by conservative Canadian newspaper The Globe and Mail, well-known growth investor and columnist Chris Umiastowski, P.Eng., MBA, wrote about the instability of Monsanto’s longterm stock value in light of the swelling demand for GE labeling. Citing his focus on long term stocks, he notes:

… it’s just as important to know what stocks… more

by: Ecowatch

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Democratic Governors Raking in Funds from Fossil Fuel Companies – May 23, 2013

Oil and gas industry campaign contributions a bi-partisan affair

As fracking has made its way through several states, those concerned with its inherent dangers have vehemently voiced their opposition to the practice, but their concerns have fallen on deaf ears. While communities across the country have pleaded for bans and long-term moratoriums on the practice, many state leaders have pushed forward with weak regulations, most of which have been created through consultation with industry. It’s obvious that industry, with its misleading promises relating to new jobs and improved local economies, has serious influence when it comes to state-level politics. But just how much influence do they have?

While it’s… more

by: Ecowatch

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Farm Bill Extension in Fiscal Cliff Deal a Disgrace – January 3, 2013

Move reflects the skewed priorities that continue to produce an unbalanced farm and food policy, say critics

Buried in the 150-page “fiscal cliff” tax bill passed New Year’s Day is a last-minute farm bill extension that buys time for Congress to craft and debate food and farm policy for the long haul since they failed to complete a much-needed overhaul of the federal farm programs in 2012.

Instead of eliminating the wasteful direct payments program, the bill passed by Congress cuts funding for organic agriculture, clean water and beginning farmer initiatives. The extension perpetuates the widely discredited direct payment farm subsidies that will send $5 billion this year alone to large farming operations that already reap record profits.

This move… more

by: Ecowatch

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