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Bankrupt fracking firm suing New York governor to end moratorium

2013-12-19 18:12:00| Climate Ark Climate Change & Global Warming Newsfeed

Grist: Norse Energy is a failure when it comes to its core business drilling for gas and oil. Despite Americas huge drilling boom, the company is bankrupt. Unable to turn a profit as a driller, the company has taken to suing governments and officials that limit fracking, blaming them for its undoing. Attorneys for the companys trustees filed a lawsuit Tuesday against New York Gov. Andrew Cuomo (D) and two state commissioners, claiming that the states fracking moratorium had brought about the companys...

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