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What A Week It Was: Apocadocuments from
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global warming  ~ ecosystem interrelationships  ~ anthropogenic change  ~ contamination  ~ carbon emissions  ~ climate impacts  ~ coal issues  ~ economic myopia  ~ health impacts  ~ massive die-off  ~ corporate malfeasance  



ApocaDocuments (3) matching "corporate malfeasance" from this week
[see full week] ~ [see all stories tagged "corporate malfeasance"]
Sat, Apr 10, 2010
from Reuters:
Missing West Virginia miners found dead, blast toll at 29
Four missing West Virginia coal miners were found dead early on Saturday, nearly five days after an explosion killed 25 others in the worst U.S. mining disaster in nearly four decades. The four bodies were found in an area of the Massey Energy mine briefly searched after the blast on Monday but were missed by rescuers amid heavy smoke, Kevin Stricklin of the U.S. Mine Safety and Health Administration told reporters. Rescue teams found the miners on their fourth attempt after earlier efforts were thwarted by thick smoke, fire and an explosive build-up of methane, carbon monoxide and hydrogen... "We did not get the miracle we prayed for," an emotional West Virginia Governor Joe Manchin told a news briefing. ...


prayers unanswered for/miners, canaries who could/not take wing in time

ApocaDoc
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Thu, Apr 8, 2010
from Bloomberg:
Kalamazoo Cleanup Delayed After Lyondell Bankruptcy
Environmentalist Jeff Spoelstra says an 80-mile stretch of the Kalamazoo River that runs through toxin-laced land in southwestern Michigan was on its way to becoming safe again. The area, once home to Potawatomi Indians and Dutch celery farmers, was finally on the verge of getting cleaned up. Then, in January 2009, Lyondell Chemical Co. filed for bankruptcy protection. The Houston-based petrochemical giant argued in court that as it reorganized, it could avoid what the U.S. Environmental Protection Agency said were about $2.5 billion in cleanup costs for the river, which flows into Lake Michigan, and another $2.5 billion in liabilities at 10 other polluted spots across the country.... If a company has to pay the billions the U.S. seeks for cleanups, its debt investors can end up getting pennies on the dollar. If the decision goes the other way, the costs can fall on taxpayers. "It's a no-win situation," says Evan D. Flaschen, a bankruptcy lawyer at Bracewell & Giuliani LLP, who isn't involved in cases mentioned in this story. "If the debtor can walk, the toxins keep boiling, often getting worse with time. If the debtor has to pay billions for a cleanup, they might go out of business, losing thousands of jobs. Pick your poison."... Companies in bankruptcy can argue that environmental liabilities are just like other claims -- and that they can ditch them to get a fresh start.... "It's the most-maddening thing," McKinney says. "It's the community that's going to lose." ...


That smell of toxic bullshit? Lyondell says it "smells like money."

ApocaDoc
permalink

Wed, Apr 7, 2010
from Greenpeace:
Koch Industries: Secretly Funding the Climate Denial Machine
Billionaire oilman David Koch likes to joke that Koch Industries is "the biggest company you've never heard of." But the nearly $50 million that David Koch and his brother Charles have quietly funneled to climate-denial front groups that are working to delay policies and regulations aimed at stopping global warming is no joking matter. Charles G. Koch and David H. Koch have a vested interest in delaying climate action: they've made billions from their ownership and control of Koch Industries, an oil corporation that is the second largest privately-held company in America (which also happens to have an especially poor environmental record). It's time more people were aware of Charles and David Koch and just what they're up to. Greenpeace has released the report "Koch Industries: Secretly Funding the Climate Denial Machine" to expose the connections between these climate denial front groups and the secretive billionaires who are funding their efforts. The Koch brothers, their family members, and their employees direct a web of financing that supports conservative special interest groups and think-tanks, with a strong focus on fighting environmental regulation, opposing clean energy legislation, and easing limits on industrial pollution. ...


This is what plutocracy looks like.

ApocaDoc
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