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Archive for November 2012

WOW! — Felonious BP to pony up $4 billion

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The Los Angeles Times reported this bit of news this morning:

In an announcement today from its London headquarters, BP confirmed an agreement with the U.S. Justice Department to resolve all federal criminal charges and all claims by the Securities and Exchange Commission against the company stemming from the events that began with the April 2010 explosion of the Deepwater Horizon oil rig.

As part of the agreement, BP said it has agreed to plead guilty to 11 felony counts of misconduct or neglect in connection with the 11 deaths caused by the rig’s explosion. It also agreed to plead guilty to other charges, including one felony count of obstruction of Congress. The agreement is subject to U.S. federal court approval.

Image: Sorry via Google images

 

Written by William DiBenedetto

November 15, 2012 at 12:39 pm

Posted in alternative energy

Where the jobs are

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So the election is over and we can breathe a sigh of relief. There’s general agreement that jobs are a priority for the coming months and the Sierra Club Magazine has helpfully illustrated where those jobs might come from. The short article and infographic debunks the fossil fuel industry’s well-heeled insistence about the huge loss of jobs that will occur in a switch to a clean energy economy. It’s just not so, according to the club, and its sees big opportunities in the concentrating solar and solar photovoltaic sectors.

Peter and Maria Hoey did the graphic and the text is by Paul Rauber.

Image: From Sierra’s Grapple page.

Written by William DiBenedetto

November 12, 2012 at 2:00 am

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