Matt Damon to Star in Anti-Fracking Film
Matt Damon will star in “The Promised Land,” an anti-fracking movie that he co-wrote with actor John Krasinski (“The Office”), based on the draft by Dave Eggers (“Where the Wild Things Are”). Following the 2010 film “Gasland,” a documentary about the health concerns of citizens affected by the fracking industry, the new film has sparked similar controversy.
Damon and Krasinski will play two rival corporate executives—Damon playing a character whose life is disheveled after he arrives in a small town affected by hydraulic fracturing practices, a method for extracting natural gas from shale rock. The chemicals injected into wells deep in the ground in the process may taint nearby drinking water, among other environmental concerns.
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According to ProPublica, recent EPA tests have revealed dangerous quantities of methane gas and dozens of other contaminants in some areas. However, the group suggests that the substances detected do not violate specific drinking water standards.
“FrackNation,” a pro-fracking film, posted on their KickStarter site: "It will not be easy getting the message out with a sequel to Gasland in the works and now a big budget Hollywood movie concentrating on scare stories rather than true stories. Now, we recognize Hollywood movies don't have to be truthful - they just have to be entertaining, but it's likely that PROMISED LAND will increase unfounded concerns about fracking."
As for Damon himself, the concerns about fracking are relevant. In 2010, he promoted the Working Family's Party “working to prevent risky natural gas drilling” and keeping water clean in New York.
Hydrostor receives $4m funding for A-CAES facility in Canada
Hydrostor has received $4m funding to develop a 300-500MW Advanced Compressed Air Energy Storage (A-CAES) facility in Canada.
The funding will be used to complete essential engineering and planning, and enable Hydrostor to plan construction.
The project will be modeled on Hydrostor’s commercially operating Goderich storage facility, providing up to 12 hours of energy storage.
Hydrostor’s A-CAES system supports Canada’s green economic transition by designing, building, and operating emissions-free energy storage facilities, and employing people, suppliers, and technologies from the oil and gas sector.
The Honorable Seamus O’Regan, Jr. Minister of Natural Resources, said: “Investing in clean technology will lower emissions and increase our competitiveness. This is how we get to net zero by 2050.”
A-CAES has the potential to lower greenhouse gas emissions by enabling the transition to a cleaner and more flexible electricity grid. Specifically, the low-impact and cost-effective technology will reduce the use of fossil fuels and will provide reliable and bankable energy storage solutions for utilities and regulators, while integrating renewable energy for sustainable growth.
Curtis VanWalleghem, Hydrostor’s Chief Executive Officer, said: “We are grateful for the federal government’s support of our long duration energy storage solution that is critical to enabling the clean energy transition. This made-in-Canada solution, with the support of NRCan and Sustainable Development Technology Canada, is ready to be widely deployed within Canada and globally to lower electricity rates and decarbonize the electricity sector."
The Rosamond A-CAES 500MW Project is under advanced development and targeting a 2024 launch. It is designed to turn California’s growing solar and wind resources into on-demand peak capacity while allowing for closure of fossil fuel generating stations.
Hydrostor closed US$37 million (C$49 million) in growth financing in September 2019.