Apr 09 2013
Buzz Flash: MIT Professor Frackenstein Moniz, Oil and Gas Industry Favorite, to Become Secretary of DOE.
When it comes to US energy policy, President Obama’s actions toward changing our basic reliance on fossil fuels is so incremental, you can hardly notice it is moving forward.
Yes, one came blame the Republicans for continuing an earth-destroying dependency on fossil fuel, but you get the feeling Obama is not pushing much beyond lip service to create a systemic change in US energy policy.
That is why there is no reason to be surprised that President Obama is highly likely to approve the last segments of the Keystone XL Pipeline, as BuzzFlash at Truthout has predicted: “Obama Hints at Approval of Keystone XL Pipeline at SF Fundraiser, Blames Middle Class Priorities.”
That is also why it should be no surprise that Ernest Moniz will likely be approved by a wide margin in the Senate, after expected committee approval on Tuesday to become secretary of the Department of Energy. Moniz’s funding at MIT is so lubed up with the oil and gas industry, you might find a fracking site in his lab. As the website dcbureau.org reported:
Professor [and] nuclear physicist Ernest Moniz, is director of the MIT Energy Initiative, a research arm that has received more than $125 million in pledges from the oil and gas industry since 2006, according to the Public Accountability Initiative, a non-profit that blew the whistle on UBuffalo.
The four “founding members” of MITEI — BP, Shell, Italy’s ENI and Saudi Aramco — each agreed to pay $25 million over five years for the right to help manage research projects, maintain an office at MITEI headquarters and “place a researcher in a participating MIT faculty member’s lab,” according to the MITEI website. Ten “sustaining members” commit $5 million each for fewer rights, but still get seats on MITEI’s executive committee and governing board.
A host of others energy interests, including the Clean Skies Foundation, have participated as well, funding and shaping MIT research.
Clean Skies was founded and chaired by Aubrey McClendon, CEO of Chesapeake Energy Corp., the nation’s No. 2 gas producer. At the time Clean Skies officials called on MIT with a research idea, Chesapeake had placed a large bet on high-volume hydraulic fracturing of shale formations, or fracking, by aggressively leasing land in shale regions.
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