Friday fracking video

Comments

More on Aqua America

And it's not a pretty picture:

DeBenedictis has said that selling water to shale gas operations could comprise 10 percent of Aqua America’s total income in 2015. That means that he expects those water sales to bring in more than $15 million in profit. This year, the company expects to make about $1.5 to 2 million in profit from selling water to the fracking industry via the same pipeline that caused the eviction of residents in the Riverdale Mobile Home Village.

Private water has faced considerable public resistance in recent years as more people realize that water is best controlled and managed by the public. So what’s a corporation to do when its plans to sustain profits are foiled? In this case, the answer appears simple: join forces with another greedy industry.

While there are many, many reasons to oppose fracking, Aqua America’s apparent attempts to cozy up to the oil and gas industry serve as a reminder of some of the darker, possibly more insidious aspects of the fight—while we try to protect our communities and our collective future from fracking, it seems some CEOs just can’t wait to enjoy all their new loot.

The privatization of formerly public functions and resources is going to be one of those things we look back on with extreme regret, and the loss of our water will likely top the list of regretfuls.

A perfect story to go along

Art Pope's most recent venture ... a shiny new newspaper for North Carolina called ...