$a fracked planet$

$a fracked planet$

The Colorado site was equipped with “air monitoring equipment and some of the best available technology,” and the company had the appropriate financial reserves to meet environmental obligations, said Brian Cain, a company spokesman. Extraction disputed the findings and said a state study showed far fewer incidents of exposure using a different methodology that considered shorter term exposure levels.Įxtraction Oil & Gas has said it offered key employees bonuses after determining that its previous compensation was “ineffective in motivating and incentivizing” them, and that its operations will continue as normal through its restructuring process.

$a fracked planet$ $a fracked planet$

Patricia Garcia Nelson, whose 7-year-old son attends school on grounds just 700 feet away from one of the company’s fracking sites in Greeley, Colo., fears the site will now be neglected.Īir pollution monitors at the school, which serves a fast-growing immigrant community, have shown that, over a period of about seven months last year, there were more than 100 periods of elevated levels of benzene, a toxic compound that can cause blood cancers such as leukemia, according to research commissioned by the environmental group 350 Colorado that examined exposures over eight-hour periods. Three days later, it filed for bankruptcy protection. Costly Environmental Tollĭenver’s Extraction Oil & Gas, founded at the start of the shale oil boom in 2012, paid 18 officers and key employees a combined $6.7 million in “retention agreements” last month. “These are the same managers who ran these companies into bankruptcy to begin with,” she said. “It seems outrageous that these executives pay themselves before filing for bankruptcy,” said Kathy Hipple, an analyst at the Institute for Energy Economics and Financial Analysis and a finance professor at Bard College. Then it won approval from a bankruptcy judge to pay its executives the same amount, as cash incentives. And Diamond Offshore Drilling secured a $9.7 million tax refund under the Covid-19 stimulus bill Congress passed in March, before filing to reorganize in bankruptcy court the next month. Chesapeake Energy, a shale pioneer, declared bankruptcy last month, just weeks after it paid $25 million in bonuses to a group of executives. Whiting Petroleum, a major shale driller in North Dakota that sought bankruptcy protection in April, approved almost $15 million in cash bonuses for its top executives six days before its bankruptcy filing. If there are any concerns regarding the accuracy of the information presented within the translated versions of our site, please refer back to the English language website.Still, as these businesses collapse, millions of dollars have flowed to executive compensation. By using Google Translate, you understand and agree to this disclaimer. We cannot be held liable for any inaccuracies or errors in the translation and shall not accept liability for any loss, damage, or other problem, including without limitation, indirect or consequential loss or damage arising from or in connection with use of the Google Translate Service.

$a fracked planet$

As such, the English version of our website is the official text. We can only verify the validity and accuracy of the information provided in English and, because of this. We do not make any promises, assurances, or guarantees as to the accuracy, reliability, or timeliness of the translations provided. We do not own, manage or control any aspect of Google Translate and are not responsible for the translations it provides. However, please be aware that, since translations are done by machine, they may not always be perfect. We use Google Translate to automatically translate content form our site into a number of languages spoken across Europe. This report examines the planned expansion of shale gas operators into vulnerable regions of Latin America, Asia and Africa, and highlights the threats posed to local environments and communities as well as the global climate. More than a decade of large-scale development in North America has left a legacy of environmental damage, primarily resulting from the use of high-volume horizontal hydraulic-fracturing (also known as ‘fracking’) to extract the unconventional oil and gas.ĭespite the controversy surrounding this technique, the numerous unknowns and uncertainties concerning its impacts and the growing number of questions about the economic benefits of this industry, oil and gas operators are eager to identify new opportunities and so are engaged in a battle to make fracking publicly and socially acceptable worldwide. The global development of ‘unconventional’ fossil fuels such as shale gas has provoked much debate involving scientists, industry, political decision-makers, environmental groups and civil society.

$a fracked planet$

A fracked planet