$michael bloomberg on fracked gas$

$michael bloomberg on fracked gas$

Biden, and other moderates including former Colorado Governor and long-shot candidate, John Hickenlooper, offered much less ambitious climate plans.īack in March, as Bernie continued to rise in the polls, Biden began co-opting his rival’s strong anti-fracking, pro-environmental position. This intra-party fault line resonated throughout the Democratic primaries with progressives Senators Bernie Sanders, Elizabeth Warren and Kamala Harris all firmly committing to banning it. As progressives at all levels lead grassroots campaigns against fracking, the Democratic National Committee (DNC), and party leadership, including mega-donor and short-lived presidential candidate billionaire Michael Bloomberg, has come out against initiatives intended to reduce its spread, increase regulations or give communities more local control. Governing its future splits much of the Democratic Party. Leadership in both parties and most corporate media have largely tried to ignore that public acceptance of fracking has dwindled. Fugitive methane escaping during the fracking process and downstream is also leading to massive spikes in atmospheric levels, accelerating the climate crisis, essentially wiping out many of the emissions benefits of shifting away from coal.

$michael bloomberg on fracked gas$

But there is mounting scientific evidence that fracking can release toxic, often radioactive chemicals into the air, contaminate drinking water supplies, create earthquakes and is responsible for a host of negative health impacts for those living near or downwind of fracking sites.

$michael bloomberg on fracked gas$

Under successor Trump, America has indeed become the world’s largest oil and gas producer-vaulting over both Saudi Arabia and Russia in 2018.įracking, short for hydraulic fracturing, a process in which millions of gallons of clean water, tons of sand and untold chemicals are pumped deep into the ground at high pressure to break up layers of rock trapping fossil oil and gas–has become the nation’s dominant extraction method. Bush, fracking accelerated during President Obama and vice-president Biden, booming some 72% through 2016 according to the Energy Information Administration. Michael Buchsbaum)Ī bi-partisan effort fueled by copious Wall Street cash, fracking has unlocked tremendous oil and gas resources, boosted many regional economies, and made a few insiders super-rich. Akriti Bhargava, Karla Martínez Toral and Aradhna Tandonįracking is one of the most controversial issues in the us presidential election campaign ( Copyright L.

$michael bloomberg on fracked gas$

Michael bloomberg on fracked gas