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Mar 7, 2021 01:15:56   #
America 1 Loc: South Miami
 
RascalRiley wrote:
If he is then he is bucking the republican tide to keep fracking and relaxing environment concerns. One of Trumps achievements was the roll back of environmental regulations and another was the paid for relaxation of fiduciary regulations. Neither was an achievements for most Americans


The DOL’s Fiduciary Interpretation and Exemption: Impact on Rollover Recommendations
Tuesday, January 12, 2021
https://www.natlawreview.com/article/dol-s-fiduciary-interpretation-and-exemption-impact-rollover-recommendations

Labor’s Employee Benefits Security Administration’s PTE, called “Improving Investment Advice for Worker & Retirees,” is “broadly aligned” with Reg BI, according to the Employee Benefits Security Administration
Ali Khawar, deputy assistant secretary of Labor for EBSA, said Friday in a statement that “this exemption allows for important investor protections, including a stringent ‘best interest’ standard of care for fiduciary recommendations of rollovers from ERISA-protected retirement accounts.
https://www.thinkadvisor.com/2021/02/12/trump-dol-fiduciary-rule-to-take-effect-tuesday/

Pros and cons of fracking: 5 key issues
Ask the most hardcore of pro-fracking boosters for their take, and they’ll describe the modern miracle of America’s new-found energy independence, a reality almost inconceivable just a decade ago. For them, the oil and gas boom around the U.S. has helped to reboot the economy at a time of great need. Prices at the pump have plummeted. Sure, they may acknowledge, there are a few safety issues to be worked out and techniques yet to be perfected, but just look at the big picture.
https://yaleclimateconnections.org/2015/05/pros-and-cons-of-fracking-5-key-issues/

We’ve noticed this before with respect to fracked wells. Fugitive methane emissions come more from a poor cement job during the sealing of the wells than from fracking itself. EPA considers emissions from natural gas systems to be fairly low, even compared to agriculture and organic digesters (Duke University; Forbes Opinion).
Plus, no one believes fracking for gas to be anywhere near as environmentally destructive as getting coal or oil out of the ground by any means.
America’s carbon emissions are lower than at any time since 1989 and there are two big reasons for this - the Great Recession and the shale gas fracking craze.
Last year, EPA cut its estimates of methane emissions from natural gas production by 20%, bolstering industry claims that the fuel has a lower carbon footprint than coal and prompting new calls for the agency to soften its 2012 air rules for the sector (EPA).
https://www.forbes.com/sites/jamesconca/2016/08/28/fracking-really-isnt-so-bad/?sh=6f0f05241f12

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