President Obama is demanding more money for green energy initiatives in his second term. As if Solyndra wasn’t a big enough bust the first time around. Meanwhile, one of the anchors at CNN asks aloud whether global warming contributed to an asteroid nearly swiping the planet Earth. Ben Crystal offers all the Weird Science news on this edition of The Great Eight from Personal Liberty Digest.
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Don’t fall for the green/Hollywood propaganda, as pedaled in The Promised Land, the Matt Damon environmental screed shamelessly financed by Middle Eastern oil interests. As pundit Dick Morris explains, fracking is a perfectly sound and viable solution to the America’s energy needs.
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Hank Green from the SciShow explains how fracking is done. The process has greatly expanded our domestic pool of oil and natural gas. At the same time, Green says, it carries certain environmental risks, so must be done carefully to avoid contaminating water supplies or increasing the probability of earthquakes.
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Tensions are mounting between China and India over rich oil and natural gas deposits below the South China Sea. China stakes claim to most of the energy resources, but India has acquired rights to some territories from Vietnam, and vows to defend its holdings and economic interests. RT, the Russian global TV network, reports.
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The United States will overtake Saudi Arabia and Russia as the world’s top oil producer as soon as the year 2017. That’s the latest forecast of the International Energy Agency, standing in sharp contrast to previous IEA reports that had projected Saudi Arabia remaining the leading oil producer through the year 2035. Maria Van Der Hoeven, executive director of the IEA, discussed the new findings Monday in London with Reuters.
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