In Upstate Ad, Pro-Fracking Clinton Promises To 'Stand Firm With New Yorkers Opposing Fracking'

Posted by Brad Johnson Tue, 19 Apr 2016 01:30:00 GMT

In an unannounced climate-change ad running in upstate New York, the Hillary Clinton campaign declares allegiance with the anti-fracking movement, despite the candidate’s support for fracking. With images of dirty rigs and anti-fracking protest signs, the narrator promises that a President Clinton will “stand firm with New Yorkers opposing fracking, giving communities the right to say no.”

Watch:

The ad’s characterization of Clinton’s stance on fracking is technically accurate, though misleading, as Clinton will cede localities control over fracking, while supporting natural gas as a ‘bridge fuel’. One could say that Clinton will “stand firm” with other states supporting fracking, such as Wyoming, Oklahoma and Pennsylvania. Clinton has not taken a position on the Constitution Pipeline, a controversial fracked-gas pipeline being constructed through upstate New York from Pennsylvania. Clinton is on record supporting “new natural gas pipeline investment.”

Her opponent, Bernie Sanders, unequivocally opposes fracking nationally.

The television ad also credits Clinton’s work at the failed Copenhagen climate talks for “laying the groundwork” for the Paris climate agreement. The ad confusingly displays a photo of Clinton at Copenhagen under a Washington Post headline about the Paris talks six years later.

The ad began running in upstate New York communities on Wednesday, April 13, six days before the April 19th primary. It has aired over 200 times cumulatively on Albany, Rochester, Syracuse, Watertown, Elmira, Binghamton, and Utica stations.

The ad was not announced to the press by the campaign, allowing it to avoid scrutiny by fact-checkers or the public. Following New York, the election heads to Pennsylvania, where fracking is allowed.

Transcript:

NARRATOR: China. India. Some of the world’s worst polluters. As secretary of state, Hillary Clinton forced them to the table, making real change by laying the groundwork for the historic global agreement to combat climate change.

As president, she’ll invest in a clean energy future, and the jobs that go with it. And stand firm with New Yorkers opposing fracking, giving communities the right to say no. Because our future depends on getting this right.

CLINTON: I’m Hillary Clinton, and I approve this message.

Fracking-Fund Billionaire Marc Lasry is a Top Clinton Advisor and Fundraiser

Posted by Brad Johnson Tue, 01 Mar 2016 16:39:00 GMT

Marc Lasry and Hillary Clinton
Marc Lasry and Hillary Clinton
Wall Street hedge-fund billionaire Marc Lasry is one of Hillary Clinton’s biggest financial supporters, and has built deep family and financial ties between himself, Obama, and Clinton. Now he is betting on a Hillary Clinton presidency, while betting the retirements of public-school teachers on a fracking renaissance.

In 2014, Lasry, founder and chair of Avenue Capital Group, raised $1.3 billion for a fund that bought loans of distressed energy companies, only to watch the debt become even more worthless. $200 million raised for the Avenue Energy Opportunities Fund came from the Pennsylvania Public School Employees’ Retirement System. Lasry has shrugged off the losses, confident the good times will come again for the frackers.

“There’s going to be a huge turnaround on energy,” Lasry told reporters this January. The oil and gas slump has hurt exploration and production companies, but prices “will always come back. The question is, does it take six months or does it take three years?”

Meanwhile, Marc Lasry—a co-owner of the Milwaukee Bucks—has become a top contributor and bundler for the 2016 Hillary Clinton campaign. When Clinton announced her campaign, Lasry emailed his friends looking to quickly raise $270,000 with ten maxed-out contributions of $2700 each.

“It’s been a long time coming, and now there’s a huge amount of excitement behind her,” Lasry told Bloomberg News. “You will start seeing it in the numbers as people start donating.”

The exact amount of money bundled by Lasry has not been publicly disclosed; the Clinton campaign only discloses which bundlers have raised over $100,000.

She’s moving a little bit to the left, and I think that’s fine,” Lasry told Bloomberg in May 2015, after hosting one her first campaign fundraisers at his townhouse. “People who are giving money to her understand that. Obviously, some people have some issues. I think the vast majority won’t have issues.”

On February 12 of this year, Clinton came out in favor of new domestic natural-gas fracking and pipeline infrastructure.

Marc Lasry has deep financial and familial ties to the Clintons and Obamas.

Lasry’s daughter Samantha was a Congressional intern for Rahm Emanuel in 2005, the future chief of staff for Barack Obama. Meanwhile, Lasry donated to Rahm’s campaign.

In 2006, Marc Lasry hired Chelsea Clinton to work at his hedge fund, Avenue Capital Group, while Hillary Clinton was Senator of New York. Meanwhile, Lasry contributed to Hillary Clinton’s campaign.

Marc Lasry was a top contributor and bundler for Barack Obama in 2008 and 2012. Meanwhile, Alexander Lasry, his son, was a special assistant to Valerie Jarrett in the Obama White House from 2010 to 2012.

In 2011, Marc Lasry and Goldman Sachs CEO Lloyd Blankfein invested in Eaglevale Partners, the hedge fund set up by Marc Mezvinsky, Chelsea Clinton’s husband. Lasry invested $1 million. The fund “underperformed.”

Oddly enough, Lasry was also one of Donald Trump’s top investors: he managed the bankruptcy buyout of Trump’s casinos in 2010. He then served as the chairman of Trump Entertainment Resorts, Inc. from 2011 to 2013, with a 22 percent stake and managerial control of the Trump Plaza, Trump Marina and Trump Taj Mahal casinos.

In the same interview this January where Lasry bet that the oil and gas industry would rise again, he expressed similar confidence about his chosen candidate.

“Hillary is going to be the next president of the United States.”

Bernie Sanders: 'Hillary Clinton Supports Fracking. I Do Not.'

Posted by Brad Johnson Fri, 26 Feb 2016 15:27:00 GMT

“Hillary Clinton supports fracking. I do not.”

These words appeared in a recent fundraising email from Democratic presidential candidate Bernie Sanders, which fiercely attacked fracking and Hillary Clinton’s support from and for the natural gas industry.

In blunt language, Sanders contrasted his call for a national moratorium on fracking against Clinton’s fundraising from natural gas investors:
Just days before the Iowa caucus, Hillary Clinton left the campaign trail for a high-dollar fundraiser at a hedge fund. That same hedge fund is a major investor in fracking, an incredibly destructive practice of extracting natural gas by pumping hundreds of secret chemicals into the ground.

Hillary Clinton supports fracking. I do not.

And just as I believe you can’t take on Wall Street while taking their money, I don’t believe you can take on climate change effectively while taking money from those who would profit off the destruction of the planet.

Sanders’ email comes on the heels of the Clinton campaign’s February 12th release of a policy promoting new natural-gas extraction and infrastructure. Clinton’s promotion of “safe and responsible natural gas production” (the phrase “safe and responsible” was used five times) was praised by LiUNA, a trade union that had vigorously supported the construction of the Keystone XL pipeline.

“Domestically produced natural gas can play an important role in the transition to a clean energy economy,” Clinton’s policy position states, making no mention of the candidate’s February 4th pledge, caught on camera, to ban the extraction of fossil fuels, including natural gas, from public lands.

The conflict between Sanders and Clinton on natural gas is set to become a point of major political contention, as voters go to the polls next month in states overrun by fracking, including Oklahoma and Texas on March 1, Kansas and Nebraska on March 6, and Ohio on March 15. These states are reeling from the boom and bust of the fracking industry, left with earthquakes, degraded water supplies, and thousands of non-union workers exploited and poisoned by the private fracking companies Clinton’s donors have financed. Fights over natural-gas pipelines and facilities have mobilized activists in dozens of other states.

On a national scale, a growing body of scientific evidence is building that the climate benefits of switching from coal to natural gas were a total mirage, with the catastrophic Porter Ranch methane blowout the most visible and extreme example of a nationwide surge in methane leakage as a result of the domestic fracking boom promoted by the Bush and Obama administrations. Methane is a greenhouse gas that is 80 times more potent than carbon dioxide on a twenty-year timespan.

Read Sanders’ full email:

Sisters and Brothers -

Just days before the Iowa caucus, Hillary Clinton left the campaign trail for a high-dollar fundraiser at a hedge fund. That same hedge fund is a major investor in fracking, an incredibly destructive practice of extracting natural gas by pumping hundreds of secret chemicals into the ground.

Hillary Clinton supports fracking. I do not.

And just as I believe you can’t take on Wall Street while taking their money, I don’t believe you can take on climate change effectively while taking money from those who would profit off the destruction of the planet.

Please contribute to our campaign right now to help elect a president who isn’t beholden to special interests that profit off of pollution.

Dick Cheney pushed through changes to the Safe Drinking Water Act that legalized fracking, despite the fact that fracking companies keep the chemicals they pump into the ground a secret.

People who live near fracking locations no longer have drinkable water, and in some cases their tap water is actually flammable. Oklahoma has even seen a rash of earthquakes that many believe are a result of fracking.

In short, fracking is a disaster for the planet.

We need a president who is not beholden to special interests and who will do everything in his or her power to fight the effects of climate change. It’s clear that to elect that kind of president, millions of people need to come together and chip in whatever they can.

Make a contribution to our campaign now to send a message that you want to elect a president who will do everything possible to fight climate change.

We can’t afford to let people who would destroy our planet elect our next president.

Thank you for your support.

In solidarity,

Bernie Sanders

Clinton Goes to Pennsylvania to Reap Windfall from Pennsylvania Frackers

Posted by Brad Johnson Thu, 28 Jan 2016 16:34:00 GMT

Clinton enters the Franklin Square Capital Partners headquarters through a back entrance. Credit: Yong Kim
Last night, Hillary Clinton attended a gala fundraiser in Philadelphia at the headquarters of Franklin Square Capital Partners, a major investor in the fossil-fuel industry, particularly domestic fracking. The controversial fracking industry is particularly powerful in Pennsylvania, which will host the Democratic National Convention this July.

Clinton has avoided taking any clear stand on fracking. While she has embraced the Clean Power Plan, which assumes a strong increase in natural-gas power plants, she also supports a much deeper investment in solar electricity than the baseline plan. The pro-Clinton Super PAC Correct the Record, run by David Brock, touts Clinton’s aggressive pro-fracking record.

Numerous grassroots groups have risen to oppose the toxic fracking of Pennsylvania and its labor abuses, including Marcellus Protest, No Fracking Way, Pennsylvanians Against Fracking, Keep Tap Water Safe, Stop Fracking Now, and Stop the Frack Attack.

As reported by the Intercept’s Lee Fang, “One of Franklin Square Capital’s investment funds, the FS Energy & Power Fund” the Intercept’s Lee Fang reports, “is heavily invested in fossil fuel companies, including offshore oil drilling and fracking.” The company cautions that “changes to laws and increased regulation or restrictions on the use of hydraulic fracturing may adversely impact” the fund’s performance.

Through its fund, Franklin Square invests in private fracking and oil drilling companies across the nation, as well as Canada and the Gulf of Mexico. This includes heavy investment in Pennsylvania frackers.

Franklin Square companies in the Pennsylvania fracking industry

Bold indicates a company that runs fracking wells in Pennsylvania (Eclipse Resources is a Pennsylvania-based company with fracking operations in Ohio). The other companies listed are industry service companies with business in Pennsylvania, including pipelines, trucking, chemicals, and power plants. Murray Energy runs coal mining operations in Pennsylvania.

Tickets to the event ranged from $1,000 to $27,000. Contributors at the $2,700 level got a photo taken with Clinton, and the $27,000 contributors were afforded the opportunity to meet and hear Jon Bon Jovi perform an acoustic set.

Fracking Opponents Rack Up Victories in Local Battles

Posted by Brad Johnson Wed, 05 Nov 2014 16:26:00 GMT

This Election Day, opponents of the hydrofracturing boom achieved a number of local ballot victories, overcoming massive spending by the fossil-fuel industry.

  • Voters in Denton, Texas, the “birthplace” of the modern fracking boom, banned fracking in a landslide vote. Supporters of the ban were outspent by the oil-and-gas industry ten to one.
  • Athens, Ohio voters “overwhelmingly” passed a ban on fracking. An astounding 78 percent of voters supported the ban.
  • Central California’s San Benito County, which lies atop the Monterey Shale formation, passed Measure J to ban fracking, overcoming $1.8 million in spending from Chevron, ExxonMobil, Occidental Petroleum and other oil companies. Supporters of the ban won despite being outspent 15 to one.

There were additional local victories for oil-industry opponents and environmentalists across the nation.

In Richmond, the San Francisco suburb home to a major Chevron refinery which exploded in 1989, 1999, and 2012, a five-member progressive slate for mayor and city council won decisive victory over the Chevron-supported candidates. The progressives, supported by Richmond Working Families (ACCE Action, APEN Action, SEIU 1021), and by the Richmond Progressive Alliance, overcame $3 million in spending by the oil giant, a 60 to one spending ratio.

Fracking opponent Kristy Pagan, a first-time candidate, won election in Michigan’s state House 21st District.

In one of the few national races to swing unexpectedly for Democrats, Rep. Lee Terry of Nebraska, a major Keystone XL backer, lost to Democratic challenger Brad Ashford, who has also expressed support for the pipeline but was endorsed by the League of Conservation Voters.

In another local victory against industrial interests, a ban on genetically engineered crops in Maui County, Hawaii, narrowly passed, overcoming $8 million in spending from opponents such as Monsanto and Dow, who profit from the treatment of food as intellectual property. The failed opposition outspent advocates 87 to 1. GMO-labeling measures failed under a similar spending onslaught in Colorado and Oregon.

Their wins aren’t wins just for their communities — they are wins for all of us pushing back against the fossil fuel industry and for a climate safe future,” Oil Change International’s David Turnbull wrote. “They are bright spots in an otherwise dim night.”

VIDEO: Cory Gardner: "We Have to Stand Up to the Radical Environmentalists"

Posted by Brad Johnson Mon, 03 Nov 2014 14:20:00 GMT

Speaking at a right-wing conference, Rep. Cory Gardner (R-Colo.) denounced the “radical environmentalists” and “social engineers” who oppose the “individual job creators” who run fossil-fuel companies. Promising the Keystone XL pipeline will get built, Gardner went on to describe his allegiance to the fracking “shale revolution”: “We will rise up, and we will win!”

Rep. Cory Gardner (R-Colo.), now challenging Democrat Mark Udall’s U.S. Senate seat, has run a campaign as a “likeable” moderate.

Dick and Liz Cheney were the featured stars at the Steamboat Institute Freedom Conference, which took place in Steamboat Springs, Colo., on August 23, 2013. Gardner was the first speaker at the conference.

Gardner’s remarks about the “power” of fossil-fuel executives who “realize what is at stake in this country” alludes to the petrochemical billionaire Koch brothers and other campaign contributors.

Gardner is a “long-time friend” of Americans for Prosperity Colorado head Jeff Crank, and is known to have appeared at the Koch’s 2014 summit in California. AFP and the Koch super PAC Freedom Partners have spent over $3 million supporting Gardner’s candidacy, primarily by attacking Udall. Koch Industries is Gardner’s top campaign contributor this cycle. Gardner, who joined Congress in 2011, has raked in $772,000 in campaign contributions from the oil & gas industry.

TRANSCRIPT:

Cory Gardner

We have to stand up to the radical environmentalists, the social engineers who believe that we must stop. And in Colorado we know that threat is real. We know they’re going to try to stop something that is creating jobs on the eastern plains and the western slope of this great state. We know they’re going to try to say no to the Marcellus, no to the Bakken. They’ve already tried to say no to the Keystone pipeline. But you know what? We know we’re going to win because of the power of our individual job creators. They are right, they are with us. And when the individuals realize what is at stake in this country, we will rise up, and we will win. The shale revolution is real.