Aug. 1, 2010, 4:35 p.m. EDTCongress probing use of dispersants in Gulf effort: WSJ
SAN FRANCISCO (MarketWatch) -- Congressional leaders are looking into whether chemical dispersants were more widely used in the efforts to contain the Gulf of Mexico oil spill than previously disclosed, according to a report Sunday.
Rep. Edward Markey (D., Mass), has asked federal officials for more information on the chemicals, saying BP PLC (NYSE:BP) and the Coast Guard have used more of the dispersants than reported, The Wall Street Journal reported in its online edition.
The BP disaster could put a damper on this year's Oildorado Days in Taft, California. The festival commemorates a legendary oil spill that remains the largest in U.S. history. WSJ's Justin Scheck reports.
The U.S. Environmental Protection Agency had limited the use of the dispersants in May, citing concerns about their impact on marine life.
The Senate Committee on the Environment and Public Works is scheduled to hold a hearing on Wednesday on the use of the dispersants in the Gulf, the report added.
On Sunday, BP said that its use of dispersants have been approved by the government, the report said.
The new look at dispersants comes as BP readies another attempt to plug the blown-out Macondo well drilled by the stricken Deepwater Horizon rig, with a "static-kill" operation expected to start by Monday or Tuesday.
Riding a surging stock price in recent weeks as it brought the worst leak in U.S. history under control, BP (NYSE:BP) will use the successful capping system now in place to pump drilling mud into the well, followed by cement.
Unlike the top-kill attempt that didn't work a few weeks ago, the static kill is expected to plug the well because the drilling mud will be contained under the new cap, instead of billowing out of the top of vents as it did when a looser-fitting cap sat on top of the well pipe.
The static kill was expected to start over the weekend, but a BP spokesman said Friday that attempt must wait until Monday or Tuesday because it'll take time to clean out some stray rocks that fell into the relief well.
Meanwhile, work will continue to permanently kill the well through the use of relief wells. By Friday, BP was expected to finish attaching the casing on the inside of the primary relief wells in order to move ahead with the static kill.
The relief well efforts are still targeted for completion in August, when BP will pump cement near the point where the bottom of the blown-out Macondo well connects to the oil reservoir deep in the earth's crust.
The BP well leaked an estimated 3 million to 5.2 million barrels of oil into the Gulf of Mexico. The leak finally was capped on July 15.
The spill began after the April 20 with a blast on the Deepwater Horizon rig that killed 11 workers. The cause of the accident remains under investigation by several governmental entities. Meanwhile, a deepwater drilling ban is in effect in the Gulf of Mexico as regulators review the practice.
This past week, BP took a $17 billion loss and ousted Tony Hayward as CEO and
BP's share price touched a 14-year low of $27.02 a share on June 25. Since then, the stock has been rebounding. It was up about 33% in July.
Massive $45 trillion transfer of wealth to fund creation of global governance structure
Paul Joseph Watson
Friday, February 26, 2010
Leaked policy documents reveal that the United Nations plans to create a green world order by 2012 which will be enforced by a structure of global governance and funded by a gargantuan $45 trillion transfer of wealth from richer countries, as the globalists insidious plan to centralize power, crush sovereignty while devastating the economy is exposed once again.
As we warned at the time, the failure of Copenhagen in December did not spell the end of the global warming heist, but merely a roadblock in the UNs agenda to create a world government funded by taxes paid by you on the very substance you exhale carbon dioxide.
Using the justification of the vehemently debunked hoax that carbon dioxide is a deadly threat to the planet, the UN is already working to resurrect the failed Copenhagen agreement, with a series of new Copenhagen process negotiations set to take place in April, May and June.
Leaked planning documents (PDF) obtained by Fox News lift the lid on the UNs plan to impose global governance by the time of their 2012 World Summit on Sustainable Development in Rio, which will mark the 20th anniversary since the notorious Earth Summit held in the same city.
The new Rio summit will end, according to U.N. documents obtained by Fox News, with a focused political document presumably laying out the framework and international commitments to a new Green World Order, reports Fox News George Russell.
Just exactly what that environmental order will look like, and the extent of the immense financial commitments needed to produce it, are under discussion this week at a special session in Bali, Indonesia, of the United Nations Environment Programs 58-nation Governing Council/Global Ministerial Environmental Forum, which oversees UNEPs operations.
The document outlines the globalists mission to enact a radical transformation of the world economic and social order by putting a new treaty in place as the capstone of the Green World Order.
This system will be managed by an additional governing structure composed of exactly those insiders, writes Russell.
Moving towards a green economy would also provide an opportunity to re-examine national and global governance structures and consider whether such structures allow the international community to respond to current and future environmental and development challenges and to capitalize on emerging opportunities, states the white paper (emphasis mine).
The imposition of such global governance structures will be achieved with the help of vast wealth transfers from richer countries (in the form of carbon taxes levied on citizens) to poorer nations, amounting to no less than $45 trillion dollars. The paper also outlines the need to change the consumption patterns of people living in richer countries, which undoubtedly is a euphemism for lowering living standards.
The policy proposes that the old economic model be discarded in pursuit of a new global green economy focused around green jobs.
As we have previously highlighted, the promise that the creation of green jobs will offset the inevitable damage to the economy that a 50 per cent reduction in carbon dioxide emissions will cause is a complete fallacy.
The implementation of so-called green jobs in other countries has devastated economies and cost millions of jobs. As the Seattle Times reported back in June, Spains staggering unemployment rate of over 18 per cent was partly down to massive job losses as a result of attempts to replace existing industry with wind farms and other forms of alternative energy.
This post was modified from its original form on 01 Aug, 14:13
In a so-called green economy, Each new job entails the loss of 2.2 other jobs that are either lost or not created in other industries because of the political allocation sub-optimum in terms of economic efficiency of capital, states the report.
As we have documented, a reduction in carbon dioxide emissions of 50-80 per cent would inflict a new great depression in the United States, reducing GDP by 6.9 percent a figure comparable with the economic meltdown of 1929 and 1930.
The UNs mission to create a legally binding treaty on the reduction of CO2 emissions is running parallel with measures already being enforced at state level in the U.S. which bypass stuttering federal efforts to impose the cap and trade fraud.
The very foundation of the global warming argument has been completely eviscerated by the Climategate scandal, which proved that United Nations IPCC scientists forged and exaggerated data to hide the decline in global temperatures while engaging in witch hunts to cull dissenting opinions from appearing in IPPC reports.
Despite this, control freaks intent on taxing the life-giving gas carbon dioxide have signaled that they no longer care about the truth behind man-made climate change and have resolved to slam through their totalitarian agenda anyway. EPA head Lisa Jackson told reporters this week that The science regarding climate change is settled, and human activity is responsible for global warming, even though she failed to refute the fact that there had been no global warming since 1995, as was admitted by CRU scientist Professor Phil Jones.
This post was modified from its original form on 01 Aug, 14:12