economy

Tue, 2011-12-06 17:34Farron Cousins
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Bowing to Republican Pressure, EPA Eases Boiler Emission Standards, Threatening U.S. Economy and Health

The U.S. EPA has bowed to pressure from Republican members of Congress and relaxed the proposed rules for boiler emissions. By allowing utility industry companies to make “upgrades” to existing boilers, rather than replacing them with lower-emission boilers, corporations will save an estimated $1.5 billion in their attempts to meet emission standards.

The EPA claims that allowing companies to upgrade their existing equipment will still reduce emissions. The specific emissions being targeted are mercury and other toxic chemicals that are pumped out of oil refineries, chemical plants, and industrial plants.

The new, lower standards are the result of political attacks on EPA led by Republicans on Capitol Hill. Less than two months ago, Republicans in Congress unanimously voted to delay the EPA’s boiler ruling by another 15 months, as well as to give corporations 5 years to comply with the new standards. Only 41 Democrats voted in favor of delaying the rules, compared to 234 Republicans.

However, voting to delay the rules seems to go against the wishes of the American public, as majorities of both registered Democrats and Republicans were in favor of enforcing the emissions standards immediately.

So, if the public was for the rule, why did Congress vote to delay it? According to noted climate change denier Senator James Inhofe:

Tue, 2011-11-15 10:57Steve Horn
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Food and Water Watch Report Exposes Lies About Oil and Gas Industry Jobs Claims

A report released today by Food and Water Watch (FWW) titled, “Exposing the Oil and Gas Industry’s False Jobs Promise for Shale Gas Development: How Methodological Flaws Grossly Exaggerate Jobs Projections,” exposes one of the key lies at the heart of the domestic oil and gas debate in the United States – inflated jobs potential.

The oil and gas industry has tried to stand on three legs, claiming that shale gas is good for the environment, good for American energy security and good for the economy. The first two legs have already been kicked out, and our new analysis kicks out the third,” said Food & Water Watch Executive Director Wenonah Hauter in a press release. “They have no legs left to stand on.”

Jobs Numbers Hugely Overestimated

FWW's study hones in on the arguments made in the July 2011 report written by the Public Policy Institute of New York State (PPINYS), titled, “Drilling for Jobs: What the Marcellus Shale Could Mean for New York.” That report concluded that by 2018, the development of 500 new shale gas wells each year in five key counties in the state of New York could create 62,620 new jobs.

The report is often cited in the mainstream media, particularly when attemping to “balance” arguments against fracking in the Marcellus Shale and other shale basins around the United States, namely that it is a dirty fossil fuel with a procurement process that is inherently toxic.

After sifting and winnowing through the scores of methodological flaws found in the PPINYS report, FWW discovered that, contrary to the rosy jobs numbers publicly disseminated, very few jobs will actually be created by drilling in these counties, and PPINYS has grossly over-projected job creation.

Rather than over 62,000 potential jobs, FWW's study shows that only 3,469 jobs would be created – a stark difference indeed.  

Fri, 2011-11-11 10:51Farron Cousins
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Koch Brothers Behind Push To Dismantle EPA

During last week’s Americans For Prosperity (AFP) event, a common theme kept creeping into the speakers’ presentations: Dismantle the EPA. And as the major funders of AFP, Charles and David Koch are the ones pulling the strings of the American elected officials who keep clamoring for an end to all environmental protections.

Since the new Republican-controlled Congress took over earlier this year, calls for the EPA to be disbanded and general attacks on the agency have been constant. In the last 11 months, we have covered those stories here, here, here, here, here, here, and here. Those in favor of saying goodbye to the EPA include presidential candidates like Newt Gingrich and Mitt Romney, elected officials like Republican Representatives Mike Rogers and David McKinley, and even media figures like Fox News’s John Stossel. The attacks include false claims that the agency is destroying jobs, or just general claims that the agency’s usefulness has run its course.

But when you look past those claims, the money from the Koch brotherss and their organizations is all that you can see.

Wed, 2011-10-05 17:30Farron Cousins
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New Federal Report Says Gulf of Mexico Cleanup Needed “Urgently”

A preliminary report released Wednesday by the federal Gulf Coast Ecosystem Restoration Task Force says that cleanup is needed for the Gulf of Mexico “urgently,” in order to protect the environmental and economical status of the Gulf.

The task force was established by President Obama after the oil disaster in the Gulf last summer, and is set to deliver a final report on the status of the Gulf of Mexico, as well as a restoration strategy for Gulf Coast states to implement in order to save the region. The goals set forward by the task force include conserving habitats along the Gulf Coast, improving water quality, protecting coastal resources, and enhancing the resilience of coastal communities.

Sun, 2011-10-02 12:06Farron Cousins
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Oil Lobbyists Targeting “Super Committee”

As the so-called “Super Committee” works to figure out how to trim $1.2 trillion from the U.S. government’s federal deficit, the dirty energy industry has their lobbyists working overtime to make sure that their billions of dollars in annual subsidies aren’t among the items on the chopping block.

The Super Committee only has until Thanksgiving to submit their proposals to President Obama. And not being ones to miss an opportunity, members on the committee have scheduled dozens of personal fundraisers for their campaigns before that deadline hits. And many of the companies who fear that their subsidies could be cut will be in attendance. After all, the lobbyist blitz contains more than 180 former staffers of members of the Super Committee, so access is not an issue, and no introductions will be necessary.

The New York Times lays out the issue as follows:
  

Hundreds of lobbyists, including many former Congressional officials and frequent campaign contributors, are making their cases to the committee members.

Ethanol fuel producers, oil companies, corporate jet owners and many other businesses want the committee to guard their own special tax breaks.

“Everybody’s at risk,” said Howard Marlowe, president of the American League of Lobbyists, “and so everyone’s going to be out there lobbying.”

With the lobbying, of course, come valuable campaign contributions. Despite calls from watchdog groups to suspend their fund-raising, most committee members are continuing to raise money from many of the same industries affected by their work.
 
Sun, 2011-09-25 14:00Farron Cousins
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Michele Bachmann Envisions a World Without Food Industry Safety Standards

Republican Presidential candidate Michele Bachmann believes that the government needs to stay out of the business of protecting the foods we eat. At a campaign stop this week, she told her supporters that food suppliers are “overburdened” by Food and Drug Administration (FDA) regulations. She informed the crowd that, yes, we need safety, but more importantly, we also need what she calls “common sense.”

Bachmann is joining in the chorus of conservative voices railing against “burdensome” regulations, but she is among the first to make the claim in regards to the food industry. Last December, Bachmann was one of the few members of Congress to vote against legislation that would have protected consumers by increasing the oversight of the food processing industry, a move that she claims would cause producers to spend more on safety and less on creating new jobs.

Bachmann was joined in her crusade against food safety standards last year by the conservative Heritage Foundation. Heritage went on the offensive last year when Congress debated legislation to increase food industry safety standards. Heritage claimed that regulation will never work, and that the free market has built in mechanisms that weed out any bad eggs who produce substandard goods:

Market forces such as competition, brand-name value, monitoring by financial markets and insurers, and common law are also powerful drivers of food safety. There are bad actors in every pursuit, of course, but considering the sheer size of the market, Americans enjoy a remarkably safe food system.
Tue, 2011-09-13 10:55Farron Cousins
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Polluters Join Forces To Pressure Obama On Oil And Gas Drilling

In the wake of President Obama’s speech on job creation last week, major players in the energy industry have banded together to put pressure on the president to speed up the permitting process for new oil and gas drilling leases. At least 17 different companies and interest groups sent a joint letter to the president telling him that the best way to create jobs is to allow the dirty energy industry to drill, baby, drill.

From the industry letter:
  

One policy initiative that simultaneously creates high-paying jobs and increases revenues into federal coffers would be to improve efficiency and the rate of permitting activity in the Gulf of Mexico to a rate that is commensurate with industry’s ability to invest. Because safe, reliable domestic energy impacts all sectors of the US economy — manufacturing, agriculture, transportation and small business – such a move makes sense in light of the new regulatory regime and containment protocols developed by the Interior Department and private industry working in partnership.


The dirty energy industry would like us to believe that the administration’s energy protocols for drilling are hindering job growth in the country, even though the current wait time for drilling approval is about three months. Their claims of “safety” also ring hollow for those of us living on the Gulf Coast who are still witnessing oil washing up on our shores more than a year after the Deepwater Horizon oil rig exploded and sank into the Gulf of Mexico, spewing oil into the water for more than three months.

The American Petroleum Institute was not a part of the 17 groups that sent the letter to the president, but they have not been silent in the jobs debate. In a recent release, the API claimed that by lifting restrictions on oil and gas drilling, the energy industry would add as many as 1.4 million jobs and generate as much as $800 billion in tax revenue for the federal government. API president Jack Gerard acknowledged that it would take about 7 years for all of these jobs to materialize, far less than the estimated 2 million “green” jobs created in just one year by the President’s 2009 stimulus package.

Tue, 2011-08-30 06:15Farron Cousins
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Death Of A Talking Point? Regulations Actually Create Jobs

For years, the Republican Party in America has been on a crusade against what they call “job killing regulations.” A quick Google search for the phrase “job killing regulations” returns 368,000 results – many from official Republican Party sources and some others attempting to debunk this talking point.

The phrase “Job killing regulations” has been a consistent battle cry for GOP Congressmembers in their war against workplace safety and environmental protections. True to form, House Majority Leader Eric Cantor (R-VA) echoed this sentiment on Monday with his reference to “job-destroying regulations” in a memo about the Republican plan to further gut the Environmental Protection Agency.

While this talking point is used to berate a lot of different government protections, from checks and balances applied to Wall Street, to product safety laws, to measures safeguarding consumers from dangerous chemicals in food and pharmaceuticals, and so forth.

But most often, the perjorative “job-killing regulations” talking point is used to describe the actions of the Environmental Protection Agency (EPA.) And it has resonated extremely well among an American public that is currently suffering from a severe lack of jobs. As of July 2011, we have an unemployment rate of 9.1%, resulting in almost 14 million Americans looking, but unable to find, a job. For a populace that desperately wants to work but is unable to do so, scapegoating “regulations” has been a very powerful and effective narrative.

Unfortunately for the Republican Party, these “job killing regulations” are a myth. There is no empirical data to back up their claims, but there is a wealth of information available showing that regulations – all regulations – actually promote job growth and put Americans back to work.

Wed, 2011-06-15 11:52Farron Cousins
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Report: Broad Bipartisan Support For Action On Climate Change

A new report by George Mason University’s Center for Climate Change Communication shows that voters in America are concerned about global climate change, and would support broad action by the federal government to prevent future disaster. The report shows that voters from both major political parties are at odds with most Republicans in Washington, who have made it clear that they are not concerned with climate change and their voting records reflect that lack of concern.

The focus that most Congressional Republicans have had involving climate change revolves around U.S. energy policy. They believe that the only solution to America’s energy crisis and high gas prices is to drill in every available square inch of American soil or American waters. And while the report shows that 66% of Americans are in favor of more domestic oil drilling, it is likely because they are unaware that any new oil produced in the United States would have no impact on energy prices.

Tue, 2011-06-14 15:24Farron Cousins
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Koch Money Fuels AFP Misinformation Campaign On Gas Prices

The Koch-funded Americans for Prosperity (AFP) is taking their misinformation machine on the road in an attempt to convince American consumers that President Obama is causing the spike in gasoline prices. AFP is claiming that the president is intentionally keeping gas prices high because he refuses to allow oil companies to drill for oil in protected areas of the United States.

The tour is necessary for the AFP, as Americans do not believe that President Obama should be blamed for high gasoline prices. A staggering 61% of Americans say that the blame lies on the shoulders of the energy companies, and 59% say that some of the blame lies with the oil speculators. These numbers are not sitting well with the oil industry, and the AFP tour is just one of many oil industry tactics to try to shift public opinion using misinformation.

AFP’s “Running on Empty” campaign has scheduled stops in Virginia, Michigan, and Ohio in the upcoming days, to “teach” Americans about the numerous ways in which President Obama is making them pay higher prices at the pump.

AFP conveniently ignores the fact that gas prices were north of $4 a gallon during the Bush administration, when they peaked at $4.12, as pointed out by protesters who showed up at one of AFP’s early gas tour events in Nebraska.  But in the alternate reality that AFP is creating to enable Koch’s further oil profits, it’s somehow all Obama’s fault.

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