Friday, August 10, 2012


On Monday, I posted that representatives from the New York State Department of Environmental Conservation were presenting environmental groups with aspects of Gov. Andrew Cuomo’s plan to begin shale gas development in New York. I have since learned more about the plan from sources who have been briefed on it. These details were presented as conditions “on the table” to allow permitting of initial wells, with the final outcome still a work in progress. It’s worth keeping in mind that the Cuomo administration briefed environmental groups on these points in the wake of criticism that the DEC was working too closely with industry to develop the plans. It’s also worth noting that these ideas have been presented to environmental groups verbally but not in writing, according to my sources.

The rumors are beginning to build about the expected release of the Governor’s/DEC’s plan for fracking in NYS.  Recently, it was reported that “environmental groups” were being briefed on plans– in response to a hubbub that ensued when FOILED documents indicated that the DEC had been meeting with industry groups in advance of releasing its draft SGEIS, but not environmental groups.  Fred LeBrun, a reporter for the Albany Times Union, purported to have some leaked information, from said environmental groups, which he published under the headline “End of the Anti-frack World Near.”

A petition for an anti-fracking ballot issue, filed July 20 by the group "Our Health, Our Future, Our Longmont," has enough signatures to go before voters in November, City Clerk Valeria Skitt announced Tuesday night. The petition needed 5,704 valid signatures to qualify; Skitt said at least 6,609 of its signatures had been validated.

The rate of new foreclosure filings in Maryland far exceeded any other state's this spring, a spike caused in large part by the national robo-signing legal settlement that unleashed a flood of new cases.
Almost 20 in every 1,000 home loans in Maryland — twice the national average — were drawn into the foreclosure process during April, May and June, according to survey data released Thursday by the Washington-based Mortgage Bankers Association.

"If you look at what's going on in foreclosure starts, Maryland now has exceeded Florida, has exceeded Georgia — some of the states that have been up there at the top in terms of the percent of loans on which foreclosure actions have started," said Jay Brinkmann, the trade group's chief economist.

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Many of the world’s best-known fish and whales are in danger of extinction Financial Times

August 9, 2012 – Fires in Sicily NASA

The Wall Street Journal: Dismissing Environmental Threats Since 1976 Media

Demand for water outstrips supply Nature

Ex-Goldman programmer faces new charges Financial Times.

Obama, Not Reid, Should Be Taking on Mitt Romney’s Tax Record Matt Taibbi

Neil Barofsky on ‘Foaming the Landing’ for Banks PBS Newshour

JPMorgan revises down capital levels Financial Times

Charts of the Day: Trading Volume Slump Continues WSJ Marketbeat

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