I certainly understand that criticism. I disagree with it. Because I think Al Jazeera has obviously long since established itself as a really distinguished and effective news gathering organization. And by the way, its climate coverage has been far more extensive and of high quality than any…Al Gore • Defending his sale of Current TV to Al-Jazeera, which is owned by the Emir of Qatar, Hamad bin Khalifa Al Thani. He was asked by Matt Lauer about the sale on the context of his criticism of the oil industry’s control of media outlets (key phrase, from his recent book: “Virtually every news and political commentary program on television is sponsored in part by oil, coal and gas companies…”)… and his answer was kind of a non-answer.
» Don’t start fracking in your backyard just yet: While increased instances of hydrofracking on (well, literally in) U.S. soil have helped decrease any reliance on oil from the Middle East — which only comprises 10% of our consumption anyway — the bigger help is increased fuel economy, among other energy efficiency measures being taken. Heck, the more energy-efficient our cars are, the less oil we need from anywhere.
Businesses should make a profit — that’s what drives the economy — but do these very profitable companies actually need taxpayer subsidies? Energy incentives should help us build the energy future we want to see — not pad oil company profits.Senate Finance Chairman Max Baucus • Speaking during a Congressional hearing about big oil profits and tax breaks. The oil industry’s answers during the hearing were predictable. Here’s Chevron’s CEO, John Watson: “Tax increases on the oil and gas industry — which will result if you change long-standing provisions in the U.S. tax code — will hinder development of energy supplies needed to moderate rising energy prices.” So, who’s right, Max or the oil industry? We’re guessing Max is. source (via • follow)