Green Chip Stocks

Green Chip Stocks Index:

ABB (ABB) - 23.85 -0.16

Canadian Solar (CSIQ) - 27.97 ↑ 0.00

Capstone Turbine (CPST) - 1.38 -0.01

Chipotle Mexican Grill (CMG) - 668.87 ↑ 8.67

Daqo New Energy (DQ) - 24.09 -0.72

First Solar (FSLR) - 63.78 ↑ 0.48

General Electric (GE) - 25.86 -0.09

Hannon Armstrong (HASI) - 14.16 -0.15

Hanwha SolarOne (HSOL) - 2.25 ↑ 0.01

JA Solar (JASO) - 9.44 ↑ 0.04

Maxwell Technologies (MXWL) - 12.23 -0.51

NRG, Inc. (NRG) - 31.56 -0.12

NRG Yield, Inc. (NYLD) - 53.65 ↑ 0.15

Ormat (ORA) - 26.77 -0.27

Pattern Energy Group (PEGI) - 32.21 -0.75

SolarCity (SCTY) - 72.88 ↑ 0.72

SunEdison (SUNE) - 21.12 -0.14

SunPower (SPWR) - 38.01 -0.08

TerraForm Power (TERP) - 33.65 ↑ 0.00

Tesla (TSLA) - 226.19 ↑ 2.65

TransAlta Renewables, Inc. (RNW) - 11.34 ↑ 0.00

Trina Solar (TSL) - 11.33 ↑ 0.05

U.S. Geothermal (HTM) - 0.69 -0.04

Whole Foods Market (WFM) - 37.28 -0.05

Yingli Green Energy (YGE) - 3.51 ↑ 0.03

Fracking Safety

Is Obama's Fracking Safety Panel A Scam?

By R.T. Jones   

Never, never, never trust the government to look out for your best interests!

It is not the top priority of any bureaucrat in Washington. Their top priority is to placate the special interests that butter their very expensive bread.

Check out this recent press release from the Environmental Working Group. . .

CONTACT: EWG Public Affair, (202) 667-6982: leeann@ewg.org

FOR IMMEDIATE RELEASE: June 8, 2011

WASHINGTON, DC -- Environmental Working Group (EWG) filed a Freedom of Information Act request with the U.S. Department of Energy today to uncover why the Obama Administration stacked a panel investigating oil and gas drilling and fracking safety with industry representatives while denying membership to citizens in affected communities.

On May 5, Energy Secretary Steven Chu announced the creation of the Natural Gas Subcommittee of the Secretary of Energy Advisory Board to make independent recommendations on how to improve fracking safety. Secretary Chu also said that the subcommittee needed to “solicit public input” when developing its findings.

Yet, as reported by EWG, six of seven members have a substantial financial interest in the oil and gas industry, compromising the subcommittee’s ability to review objectively fracking’s effects on public health and the environment. Industry representatives include John Deutch, the subcommittee chair, who currently serves on the board of Cheniere Energy, Inc., a Houston-based liquefied natural gas company that paid him about $882,000 from 2006 through 2009. Deutch also received about $563,000 in 2006 and 2007 for his service on the board of Schlumberger Ltd., one of the world’s three largest hydraulic fracturing companies.

As a consumer watchdog, EWG is exploring whether the oil and gas industry influenced the Energy Department to select members who would produce a report favorable to the industry position that oil and gas drilling and fracking can be conducted with minimal threat to nearby communities and wilderness. EWG advocates that the panel be expanded to include grassroots representatives from areas directly affected by drilling and fracking and also independent experts.

“The geographic footprint of the nation’s fracking boom encompasses thousands of communities, in states as diverse as Colorado, Ohio, North Carolina, Pennsylvania, Virginia, and West Virginia,” EWG Senior Counsel Dusty Horwitt and Staff Attorney Thomas Cluderay have written to DOE. “The stakes for public health are high, should the Obama administration reach the wrong conclusion about fracking safety.”

A 2010 EWG investigation reviewed records filed by oil and gas companies and found that fracking fluids, injected into natural gas wells by the millions of gallons, often contain highly toxic chemicals such as benzene, toluene, ethylbenzene and xylene. Short- and long-term exposure to these chemicals can cause serious adverse health effects, even at low concentrations.

My colleague Jeff Siegel attended a meeting of the Natural Gas Subcommittee last week, and he said the whole thing just seemed like a big dog and pony show with industry reps pretty much deciding how safety regulations would be pursued.

Any guess how that's going to turn out?

 

Enjoy this article? Get more in our Free Newsletter

Jeff Siegel on CNBC
Green Chip Stocks Editor Jeff Siegel, featured guest on CNBC's Green Week

Your Privacy is Assured.

Get the inside track on the most lucrative stock plays in today's scorching-hot alternative and renewable energy markets.

Sign up for the FREE Energy and Capital daily e-Letter from alternative energy experts Jeff Siegel and Nick Hodge. We'll also send you our latest report on Wind Investing straight to your inbox.

Please Enter Your E-mail:




Related Articles

Pennsylvania Drinking Water Fouled by Fracking
Editor Jimmy Mengel explains why fracking is still contaminating Pennsylvania's drinking water, even after community backlash...

Fracking Pollution Much Worse than Reported
Green Chip Living Editor Jimmy Mengel explains why new internal documents from both the oil industry and the EPA reveal water pollution from fracking is worse than reported.

Fracking Linked to Flammable Drinking Water
Jimmy Mengel shares the findings of a new study by Duke University on the environmental dangers of hydraulic fracking.

The Top Ten Most Endangered Rivers
The Susquehanna River is the most endangered river in the U.S. - due primarily to fracking pollution. Check out the top ten most endangered U.S. rivers to see if your local river is in trouble.