The State University of New York at Buffalo announced Monday that it was closing its newly formed Shale Resources and Society Institute, which was devoted to the study of hydraulic fracturing, citing “a cloud of uncertainty over its work.” [New York Times]
The institute’s first study, released in May, drew sharp criticism for being biased in favor of the oil and gas industry.
In a letter addressed to the “university community,” President Satish K. Tripathi said he was closing the institute after an internal assessment that determined that it lacked “sufficient” faculty presence, that it was not consistent enough in disclosing its financial interests and that the credibility of its research was compromised because of questions over its financing.
Oddly enough, there’s no high-profile leader out there championing a carbon tax, yet it’s the subject of reports, conferences and a flurry of maneuvers by groups for and against it. [Kansas City Star]
In California’s first auction of greenhouse gas pollution credits, companies paid just a few cents more than the minimum price per ton of carbon, generating almost $290 million from the sale held last week. [Los Angeles Times]
If we are to avoid the next major -catastrophe—and it will come—then we have to start paying the bill now. [Newsweek]
One of the most significant energy issues facing President Barack Obama in his second term is whether to allow oil drilling off the coast of the Atlantic, where production has been off-limits for decades. [Wall Street Journal]
The amount of heat-trapping carbon dioxide in the atmosphere reached a record 390.9 parts per million (ppm) in 2011, according to a report released Tuesday by the World Meteorological Organization (WMO). That’s a 40 percent increase over levels in 1750, before humans began burning fossil fuels in earnest. [Climate Central]
Water levels on the Mississippi River may drop to historic lows next month in the Midwest, delaying barges carrying everything from grains and coal to steel and petroleum, after the worst U.S. drought in 56 years. [Businessweek]
The Conservative MP Peter Lilley, one of only three MPs who voted against the Climate Change Act, has received share options worth at least $400,000 from an oil company, Guardian analysis has revealed. [Guardian]
China assured its support to tackle the growing problem of climate change in the Maldives, a spokesman said on Tuesday. [China Daily]