To the Point
When It Comes to Fracking, Big Government Trumps Local Control
"Fracking" is used to extract underground oil and gas. The more it's used, the more controversial it becomes. A new EPA report is being cheered by both environmentalists and the energy industry — but the battle is far from over.
"Fracking" is used to extract underground oil and gas. The more it's used, the more controversial it becomes. A new EPA report is being cheered by both environmentalists and the energy industry — but the battle is far from over.
Also, Norway's "oil fund" to divest from coal. On today's Talking Point: is it almost impossible for any horse to win the Triple Crown?
Photo: Anti-fracking rally in New York City (Adrian Kinloch)
In this episode
3 storiesNorway's "Oil Fund" to Divest from Coal
The push to divest fossil fuel stocks began three years ago on college campuses, in the interests of climate change. Now the biggest sovereign wealth fund in the world has announced plans to sell off investments related to coal mining. It's Norway's $890 billion government pension fund.
Read the story7 minWhen It Comes to Fracking, Big Government Trumps Local Control
Hydraulic fracturing, or "fracking," is moving America toward energy independence. Fracking uses large volumes of water under high pressure to free oil and natural gas deposits from underground shale. The EPA says it can contaminate aquifers and create unhealthy air. It's even said to cause earthquakes.
Read the story33 minWhy Horse Racing's Top Prize Is So Elusive
Tomorrow — for the second year in a row — it’s possible that a horse could win the last race in the Triple Crown — for the first time since 1978. American Pharoah won the Kentucky Derby five weeks ago. Two weeks later, he took the Preakness.
Read the story11 min