House Energy Bill On Tap

Posted by Brad Johnson Thu, 11 Sep 2008 11:16:00 GMT

According to E&E News, Democratic leadership plans to unveil an “all of the above” energy package today or tomorrow which likely has the following components:
  • Expansion of OCS leasing to include areas off the coasts of the Carolinas, Virginia and Georgia, and possibly the eastern Gulf of Mexico as well. A bipartisan Senate plan known informally as the “Gang of 10” proposal would allow drilling in these regions no closer than 50 miles from shore. But House lawmakers and aides did not say how close to shore their plan would allow drilling.
  • New revenues from oil companies. A Democratic leadership aide said the bill may include provisions to ensure payment of royalties from late-1990s deepwater Gulf of Mexico leases that currently allow royalty waivers regardless of energy prices. The absence of price-based limits on these royalty waivers could cost the Treasury as much as $14.7 billion over 25 years, according to the Government Accountability Office. The bill may also include the repeal of the Section 199 tax deduction for major oil companies. This plan, past versions of which have also frozen the deduction at 6 percent for non-majors, raises roughly $13.6 billion over a decade, the Joint Committee on Taxation estimated in June.
  • A so-called renewable electricity standard that requires utilities to supply escalating amounts of power from sources like wind and geothermal power. The House Democrats plan to include a standard of 15 percent by 2020, an aide said, akin to a measure the House approved last year that did not survive negotiations with the Senate. The plan allows roughly a fourth of the standard to be met with efficiency measures.
  • Extension of renewable energy and energy efficiency tax credits.
E&E also reports that Pelosi indicated “the energy bill might include support for automakers’ retooling to make more efficient vehicles.”
This could also be part of an economic stimulus package being prepared or the continuing resolution to extend government spending beyond the Sept. 30 end of the fiscal year, she said.

New Report: Stimulus Plan For 2 Million Green Jobs In Two Years

Posted by Wonk Room Wed, 10 Sep 2008 15:08:00 GMT

From the Wonk Room.

Yesterday, the Center for American Progress released Green Recovery, a new report by Dr. Robert Pollin and University of Massachusetts Political Economy Research Institute economists. This report demonstrates how a new Green Recovery program that invests $100 billion over two years would create 2 million new jobs, with a significant proportion in the struggling construction and manufacturing sectors. It is clear from this research that a strategy to invest in the greening of our economy will create more jobs, and better jobs, compared to continuing to pursue a path of inaction marked by rising dependence on fossil fuel billionaires.

Job Creation

To create 2 million new jobs within two years, the overall level of fiscal expansion will need to be around $100 billion, or roughly the same as the portion of the April 2008 stimulus program that was targeted at expanding household consumption. This green economic recovery program will create more jobs and better paying jobs. If Congress were to decide as part of a domestic oil production and gas price reduction effort to spend $100 billion on new oil and gas subsidies and subsidizing gasoline and oil prices, only a quarter as many jobs would be created:

Stimulus Package Comparison

House Democrats Develop "All of the Above" Energy Agenda in Response to Republican Attacks

Posted by Brad Johnson Wed, 03 Sep 2008 22:08:00 GMT

Alex Kaplun reports for E&E News:
Top House Democrats say that shortly after Congress reconvenes, they will put on the floor a piece of legislation that will include an expansion of offshore drilling but also a renewable electricity mandate, energy-efficiency standards for buildings and oil industry tax provisions.

Rep. Ed Markey (D-Mass.) described the plan as “a political reverse takedown on the Republicans,” by calling the GOP bluff on their calls for an “All of the Above” energy agenda. David Sandalow, an adviser to Sen. Barack Obama (D-Ill.), told E&E News: “We’ll see whether the proponents of all of the above can take yes for an answer.”

Renewable electricity standards, building efficiency standards, and oil tax provisions have repeatedly passed the House over Republican opposition, but have died in Republican filibusters in the Senate.

The legislative plan will represent a compromise from the agendas of the various national lobbying campaigns by outside organizations:
  • Al Gore’s We Campaign’s call for a 100% renewable electricity standard by 2018;
  • Newt Gingrich’s American Solutions For Winning the Future’s call for expanded drilling;
  • T. Boone Pickens’ call for new grid development, tax incentives for wind and solar, and subsidies for natural gas;
  • The coal industry’s American Coalition for Clean Coal Electricity’s call for increased advanced coal technology subsidies.

ACCCE and Pickens each have had a significant presence at the national conventions.

On a lighter note, as Open Left’s Matt Stoller found, the people employed by ACCCE to spread the “clean coal” message in Denver weren’t necessarily all up to speed.

NWF: "Train of Storms is Symptomatic of a New Era of Stronger Storms"

Posted by Brad Johnson Wed, 03 Sep 2008 21:56:00 GMT

In a news release, the National Wildlife Federation’s climatologist Amanda Staudt warns that “this hurricane season is a stark reminder of what science tells us to expect from a new era of stronger hurricanes fueled by global warming: higher wind speeds, more precipitation, and bigger storm surge in the coming decades.”

Scientific findings she notes:
  • “The big picture is that global warming is allowing hurricanes to pack a bigger punch. Over this century, windspeeds could increase 13 percent and rainfall could increase 31 percent.”
  • “Even storms that do not reach category 3 and above will hit harder because they will likely bring more rain than a similar storm would have just a few decades ago. It is a law of physics that warmer air is able to carry more water.”
  • “Both Tropical Storm Fay and Hurricane Gustav brought costly flooding, with rainfall totals exceeding 10 inches in some locations. As the remnants of Gustav continue to bring heavy rains, much of the lower Mississippi valley remains under flood watch.”

“We must restore the coastal wetlands, lowlands, and barrier islands that provide the first line of defense against hurricanes,” advises Dr. Staudt. “For example, about half of the wetlands around New Orleans have been lost in recent years. Because scientists estimate that every mile of healthy wetlands can trim about 3-9 inches off a storm surge – and an acre of wetlands is estimated to reduce hurricane damage by $3,300 – we must restore these wetlands.”

For more, read the full NWF report on the influence of global warming on the destruction caused by tropical storms.

Bush Exploits Hurricane Gustav To Demand More Offshore Drilling

Posted by Wonk Room Tue, 02 Sep 2008 21:48:00 GMT

From the Wonk Room.

President Bush exploited this morning’s press briefing on the “follow-up efforts” to Hurricane Gustav to attack Congress about lifting the offshore drilling moratorium. Stating that “what happens after the storm passes is as important as what happens prior to the storm arriving,” he made the declaration that “our discussion here today is about energy.” Bush wasn’t referring to the 1.4 million Louisianans who have lost power due to the storm’s destructive force, and chose not to mention the 102 deaths caused by Gustav. Instead, he went on the attack:
I know that Congress has been on recess for a while, but this issue hasn’t gone away. And, uh, this storm should not cause members of Congress say well, we don’t need to address our energy independence. It ought to cause the Congress to step up their need to address our dependence on foreign oil. And one place to do so is to give us a chance to explore in environmentally friendly ways on the Outer Continental Shelf.
Watch it:

MSNBC’s Mika Brzezinski and Joe Scarborough were both floored by Bush’s decision “to use another hurricane in Louisiana to promote offshore drilling at this point,” after he “performed so poorly during Hurricane Katrina.”

Bush’s tasteless politicization of an ongoing civil emergency repeated tired right-wing talking points. As Van Jones told the Wonk Room last week, Bush is selling false solutions and more pollution:
Let’s be very clear. Number one: There’s no such thing as American oil any more. These are multinational corporations. If you let multinational corporations drill all this oil, they’re going to sell it to the highest bidder, whether it’s China, or India, it doesn’t matter. Why would we throw away America’s beauty chasing the lost drops of oil, so multinational corporations can sell it to India and China?

And people also got to remember, we didn’t stop this as an environmental issue. We didn’t stop offshore drilling for the duckies and the fishies. We stopped it because coastline communities were suffering. Because the property owners, the children who live in those coastline communities – not when there were oil spills – but every day, when your child goes out to swim, he comes back covered in oil, you have to use gasoline to get the oil off your child. That was happening coast to coast

Transcript:

Gov. Sarah Palin Questions Anthropogenic Climate Change and Evolution 4

Posted by Brad Johnson Sat, 30 Aug 2008 01:31:00 GMT

Sen. McCain’s (R-Ariz.) running mate pick, Gov. Sarah Palin, is a proud evangelical conservative who questions anthropogenic climate change and evolution.

In January of this year, she questioned climate models that show the threat of extinction of polar bears due to the loss of sea ice:
In fact, there is insufficient evidence that polar bears are in danger of becoming extinct within the foreseeable future — the trigger for protection under the Endangered Species Act. . . The possible listing of a healthy species like the polar bear would be based on uncertain modeling of possible effects. This is simply not justified.
Following the decision to list polar bears as a threatened species in May, Palin chose to file suit to overturn the listing. She argued:
We believe that the Service’s decision to list the polar bear was not based on the best scientific and commercial data available.
In a Newsmax interview released today, Palin questioned the science of manmade global warming:
A changing environment will affect Alaska more than any other state, because of our location. I’m not one though who would attribute it to being man-made.

This position is in opposition to the global scientific community, the leaders of every nation on the planet, and her running mate.

Similarly, Palin is an advocate of teaching creationism in opposition to natural selection:
Teach both. You know, don’t be afraid of information. Healthy debate is so important, and it’s so valuable in our schools. I am a proponent of teaching both.

In an interview with the Anchorage Daily News, she said “I won’t have religion as a litmus test, or anybody’s personal opinion on evolution or creationism.”

The Podesta, Pickens, and Pope Power Summit

Posted by Wonk Room Wed, 27 Aug 2008 22:02:00 GMT

From the Wonk Room.

At the Big Tent in Denver, Center for American Progress President and CEO John Podesta, Sierra Club executive director Carl Pope, and oil billionaire T. Boone Pickens engaged in a discussion about our energy future. Pickens, who believes that our global oil production is at its peak and will soon inexorably decline, discussed his “Pickens Plan” for a massive increase in wind and solar electricity production and a shift for trucking fleets from diesel to natural gas. Podesta noted that the climate crisis is evident today, in the flooding in Florida and the increasing threat of powerful hurricanes. “The cost of doing nothing,” Podesta said, “is extremely substantial.”

This panel of three highly powerful individuals from the environmental, progressive, and conservative energy industry communities represented a remarkable confluence of priorities, in recognizing the energy crisis and the need to get off oil. As Carl Pope described:
If our politics was even vaguely functional, anything that all three of us agree on would have happened long ago. We have some very deep profound political problems. Our politics are broken.

Pickens himself, a highly influential fundraiser for right-wing politicians, described how his money has gotten him access in Washington but that he had learned that his contributions don’t translate to policy. He expressed his enthusiasm for the ability of the Pickens Plan campaign to reach millions on the Internet and mobilize hundreds of thousands of people. He argued, “I’m not doing this to make money. My entire estate will go to charity when I go. We are now importing almost 70 percent of our oil. It’s too much. We’re not talking about my generation—we can make it to the finish line.”

Pope explained what Newt Gingrich and other conservatives are really trying to do with their drill-drill-drill agenda, when they know that lifting the offshore drilling moratorium won’t deliver new oil to this country.

What is it about? It’s about distracting us from the conversation we ought to be having. As long as we’re talking about drill drill drill, it distracts Americans from the fact there’s a chasm between the two candidates. It’s a huge headfake by Karl Rove.

At the end of the conversation, Podesta and Pickens talked about their political differences. Pickens – who helped sponsor the Big Tent – admitted he is inclined to defend oil companies, who work for their shareholders and are run by his friends. When challenged by Podesta for having given significant contributions to “the gang on Capitol Hill who have been blocking the renewable production tax credit,” Pickens, with resignation apparent in his face, said, “I grind on them . . . I don’t have the time.” He argued that he is now trying to act on behalf of the American people, to avoid being partisan, to move past the old politics—the politics that he has spent millions to sustain.

ACCCE to Spend $2 Million at Democratic National Convention 1

Posted by Brad Johnson Fri, 22 Aug 2008 17:41:00 GMT

The Politico’s Jeanne Cummings reports that the American Coalition for Clean Coal Electricity is spending $2 million at the Democratic National Convention on billboards and street teams to promote the coal industry:
The Democrats are mighty proud of the “greening” of their convention. Recycling will be celebrated, as will bicycling and a whole host of other environmentally sound practices.

Amid the glow from all that global warming warfare enters the American Coalition for Clean Coal Electricity. Yep, those fellows have got guts.

The coal coalition, a nemesis to many environmentalists, plans to spend $2 million on advertising in and around the Denver convention venues, promoting the virtues of clean coal.

It will also be doing “experiential advertising,” meaning the group will put people on the streets to actually talk to conventioneers about the role coal could play in future energy policy.

The street teams will also be handing out city maps with blurbs inserted about the importance of the coal-based electricity industry and ongoing research into capturing and storing carbon emissions from those plants.

“We started this conversation with policymakers and the American public in 2000,” said Joe Lucas, the coalition’s vice president of communications. “We’ve significantly turned up the volume on that conversation in the last year.”

And the coalition figured, what better place to go to continue that conversation than at the conventions?

In billboards and other ads, the coalition will argue that the coal-based electricity industry can help keep jobs at home, reduce costs for consumers and — with more research — find its own tidy spot in an environmentally cleaner energy future.

“Clean coal means the next president won’t have to choose between the economy and the environment,” concluded Lucas, adding that both Barack Obama and John McCain already see coal in the nation’s future energy industry.

This will be the coalition’s first appearance at the two political conventions. But Denver is clearly the group’s best shot at a breakthrough moment.

National Wildlife Federation: Fay's Floods Are A 'Wake Up Call'

Posted by Wonk Room Fri, 22 Aug 2008 17:35:00 GMT

From the Wonk Room.

The National Wildlife Federation, which has been warning that global warming is worsening wildfires and floods, describes the triple threat of global warming-fueled tropical storms in a new report:
While Florida and Gulf Coast residents bear the brunt of Tropical Storm Fay, the latest science connecting hurricanes and global warming suggests more is yet to come: tropical storms are likely to bring higher wind speeds, more precipitation, and bigger storm surge in the coming decades.

Watch it:

As Dr. Staudt writes in the report, “Stronger hurricanes, heavier rainfall, and rising sea level: this is what global warming has in store for the U.S. Gulf and Atlantic coasts.”

Oil and Coal Industries Spending Two Million Dollars a Day to Shape Political Debate

Posted by Brad Johnson Thu, 21 Aug 2008 11:44:00 GMT

A report from the Public Campaign Action Fund on 2008 spending by oil and coal industries finds that they are on track to spend about one billion dollars this year on lobbying, political contributions, and advertising. The full report amasses the following expenditures:

2008 SPENDING BY OIL AND COAL INTERESTS, BY CATEGORY
Amounts in millionsCoal/Electric Utilities Oil/Gas Total
Political Contributions $16.5 $20.9 $37.4
Lobbying Expenditures 73.7 55.3 129.0
Paid Media 7.4 201.2 208.6
Other Political Spending 40.0 12.2 52.2
Total $137.6 $289.6 $427.2

Lobbying expenditures and political contributions come from Center for Responsive Politics data compiled from public disclosures. Paid media figures are from TNS Media Intelligence, the industry standard for tracking media spending.

The “other political spending” comes from the coal industry group Americans for Balanced Energy Choices / American Coalition for Clean Coal Electricity (ABEC/ACCCE) and from Newt Gingrich’s 527 corporation, American Solutions for Winning the Future (ASWF).

Older posts: 1 ... 50 51 52 53 54 ... 83