Money

Mon, 2012-12-17 15:50Farron Cousins
Farron Cousins's picture

Republican Groups Tell Obama To Back Off Fracking Rules

The Republican Governors Association (RGA) along with the Republican Attorneys General Association (RAGAsent a letter to President Obama today [PDF], telling him that the federal government should abandon a Bureau of Land Management (BLM) proposal to create more transparency for natural gas fracking operations.

The proposal that the RGA and RAGA are referring to was first pitched earlier this year, and would require fracking companies who operate on federal or Native American lands to disclose the chemicals used in the fracking process.  A loophole in the proposal allows companies to disclose after the fracking process has already begun, meaning that there are no requirements for disclosure prior to drilling. 

But even such lax standards are too much for the dirty energy industry’s friends, and they believe that the federal government is overstepping its bounds on the matter.  From their letter:

Wed, 2012-11-07 10:53Farron Cousins
Farron Cousins's picture

The Real Winner Of US Election – Dirty Energy Money

As Democrats crawl out from their election night hangovers, still riding the high of President Barack Obama’s re-election victory, it appears that a reality check is due.  Obama might have won the election, but the battle was won by the dirty energy industry.

Sure, the industry went all-in on Republican nominee Mitt Romney, showering him with almost $5 million, compared to a paltry $705,000 to Obama in 2012.  But the industry knew better than to put all of their eggs in one basket, and they received a massive return on their investment in the down ballot races, particularly those for the U.S. House of Representatives.

According to OpenSecrets.org, the top 20 House candidates who received money from the dirty energy industry were all members of the Republican Party.  Together, these 20 Republican candidates received more than $3.6 million from the industry.

Here are the top recipients of dirty energy largesse (all money sources via OpenSecrets, election results via Huffington Post), along with the results of their respective elections:

Sun, 2012-10-28 05:00Farron Cousins
Farron Cousins's picture

Why Is North America Behind The Curve On Climate Change and Energy?

Just three short years ago, it appeared that North America was on the verge of finally kicking that nasty dirty energy addiction that was crippling our economies and our energy independence.  The United States had elected a president (Barack Obama) who set incredibly lofty goals for renewable energy targets, and green energy investments across the continent were higher than anywhere else in the world.

Mon, 2012-10-22 10:55Farron Cousins
Farron Cousins's picture

What To Expect When You're Electing - The Candidates' Energy Plans

With only a few weeks left for American voters to decide between President Barack Obama and Republican challenger Mitt Romney, more and more attention is being paid to the candidates’ respective energy policies.

We’ve reported in recent months that Mitt Romney has stacked his energy team of advisors with dirty energy industry insiders and lobbyists, which gives us an idea of how he would run the country.  With Obama, we have the benefit of using the past as an example of what to expect in the future. 

But both candidates are now in a position where their current proposals and policy ideas are being shown to the public, so let’s break down what each presidential candidate says they will do with regards to energy and the environment, if elected.

Think Progress has put together a great side-by-side comparison of the two candidates, which gives us a very clear picture of where each candidate would take the country:

Wed, 2012-10-10 18:01Farron Cousins
Farron Cousins's picture

Heritage Foundation Distributes List Of Fallacies Regarding Obama’s Energy Policies

In an attempt to paint President Obama as bad for the U.S. economy, the Heritage Foundation recently released a list of the top ten ways in which the President’s energy policies are 'destroying' both the economy and our domestic energy production.

The list contains numerous falsehoods coupled with half-truths and out of context information.  When taken at face value, they give conservatives plenty to salivate over in the short time before the national election.  But those of us who have been paying attention can easily conclude that the statements made by Heritage have no basis in reality.

Before diving into the list, it is important to remember that Heritage has received millions of dollars from the dirty energy industry over the years, including such noted players as Exxon Mobil and Koch Industries.  They are also a hub for many prominent climate change skeptics.

Here’s Heritage’s list of Obama’s attacks against the energy economy, each one followed by the reality behind the situation:

Wed, 2012-09-19 12:01Farron Cousins
Farron Cousins's picture

National Parks At Risk Of Exploitation From Oil And Gas Drilling

The U.S. National Park System currently encompasses more than 84 million acres of land in the United States, and if oil-funded politicians in Washington, D.C. get their way, those millions of protected acres could soon become the playground for the dirty energy industry.

According to a new report by the Center for American Progress (CAP), oil and gas drilling is already taking place in at least 12 areas designated as “national parks” by the U.S. Department of Interior, with as many as 30 more being considered for drilling.

CAP’s chart below shows us where drilling is occurring, or could likely occur in the near future:

Photobucket

Tue, 2012-09-11 10:37Farron Cousins
Farron Cousins's picture

As BP Tar Balls Litter Gulf Coast, Oil Giant Sells Off Gulf Of Mexico Assets

It’s been a little over two weeks since Hurricane Isaac struck the Gulf Coast, leaving flooding and wind damage in its wake. But one of the side effects of the storm that has gone largely under-reported are the tar balls that are now littering beaches all along the Gulf Coast.

Beaches from Louisiana to Florida have seen the toxic, sticky tar balls rolling in with the surf, and while some have questioned whether the tar balls are actually from BP’s Macondo well blowout, Auburn University researchers have confirmed today that they are a match.

The tar balls began washing up only days after the U.S. Department of Justice released a memo blaming BP’s gross negligence for the Deepwater Horizon oil rig explosion that killed 11 men and subsequently caused close to 5 million gallons of oil to leak into the Gulf of Mexico.

In the wake of the DOJ’s accusations, and the continuous presence of tar balls that are linked directly back to BP’s negligence, it comes as no surprise that the oil giant has decided to sell off billions of dollars worth of their assets in the Gulf of Mexico.

Mon, 2012-08-27 12:41Farron Cousins
Farron Cousins's picture

Fuel Economy Standards To Save U.S. Consumers Billions, Create Jobs, Yet Republicans Say Too Expensive

A proposed rule by the Obama Administration to raise fuel economy standards for cars and “light-trucks” is facing mounting attacks by Republican lawmakers. The proposed rule would require all newly manufactured automobiles that fall under the car or light truck category to achieve a minimum gas mileage of 54.5 miles per gallon by the year 2025.

The crusade against the new CAFE standards is being led by Republican Darrell Issa, the chairman of the House Committee on Oversight and Government Reform. Issa claims that the new standards amount to “coercion” of the auto industry. Rep. Issa has received more than $188,000 from the oil industry during his career, according to the Center for Responsive Politics.

Issa’s statements show how out of touch he truly is with both economics and business, as the new standards were the result of cooperation between the Obama Administration and the auto industry itself.

The new fuel economy standards have been approved by Ford, GM, Chrysler, BMW, Honda, Hyundai, Jaguar, Land Rover, Kia, Mazda, Mitsubishi, Nissan, Toyota and Volvo, who together control 90% of the United States’ auto sales market.

Thu, 2012-08-16 12:31Farron Cousins
Farron Cousins's picture

Fracking Industry Paying Off Scientists For "Unbiased" Safety Studies

As a whole, Americans have an unfortunate tendency to distrust scientists. The number of those who distrust science and scientists is skewed heavily by ideology, with self-identified “conservatives” overwhelmingly saying that they don’t trust science. DeSmogBlog’s own Chris Mooney has spent an enormous amount of time and energy devoted to finding out why science has become so controversial, and has compiled a great new book explaining why certain sectors of the U.S. population are more prone to denying many scientific findings.

And while most of the distrust that Americans have for scientists and science in general is completely without warrant, there are times when it is reasonable and often necessary to question the findings of scientists. Especially when the money trail funding certain science leads us right back to the oil and gas industry.

Five years ago, the ExxonMobil-funded American Enterprise Institute began offering large cash incentives to scientists willing to put their conscience aside to undermine studies that were coming out regarding climate change. The dirty energy industry knew that these studies would put their well-being at risk because they were responsible for so much of the global warming emissions, so they had to open their wallets to scientists who were more concerned with their finances than the well being of the planet.

A similar scenario played out in the months following BP’s Gulf of Mexico oil disaster. BP arranged meetings with scientists and academics all along the Gulf Coast, offering them $250 an hour to report on the oil spill, as long as the reports weren’t negative. This also would have allowed the oil giant an advantage in future litigation, by creating a conflict of interest for scientists that might otherwise testify against the company.

And then we have the media’s role in all of this, with 'experts for hire' like Pat Michaels allowed to pollute the public conversation with disinformation.

Mon, 2012-08-13 10:04Farron Cousins
Farron Cousins's picture

What To Expect When You’re Electing: Representative Paul Ryan

With the selection of Wisconsin Republican Representative Paul Ryan has his running mate, Mitt Romney has effectively pushed his campaign into the climate change denying fringe. While Romney hasn’t been considered a friend of the environment since he began running for national office, his tendency towards flip-flopping made some of his more extreme, anti-environment positions rather toothless. But Paul Ryan is someone that isn’t just all talk, and what he’s saying will be a disaster for our environment.

While Ryan isn’t necessarily a complete climate science denier, he is certainly classified as a “skeptic,” and oftentimes has used anecdotal evidence to say that we’re making too much of a fuss over something that may or may not be happening.

Let’s start by following the money on Rep. Paul Ryan. Since 1989, he has received $65,500 from Koch Industries, making them his sixth largest campaign donor. In total, he has pulled in a little over $244,000 from the oil and gas industries.

Those finances are clearly represented in his voting history in Congress. Here are a few of Ryan’s most anti-environment, pro-industry votes since being elected:

2000 – Voted against implementing Kyoto Protocol
2001 – Voted against raising fuel economy standards
2001 – Voted against barring oil drilling in ANWR
2003 – Voted to speed up “forest thinning” projects
2005 – Voted to deauthorize “critical habitats” for endangered species
2005 – Voted to speed up oil refinery permitting
2008 – Voted against environmental education grants
2008 – Voted against tax incentives for renewable energy
2008 – Voted against tax incentives for energy conservation
2009 – Voted against enforcing CO2 limits for air pollution
2011 – Voted NO on allowing EPA to regulate greenhouse gas emissions
2011 – Voted YES to opening up the Outer Continental Shelf for oil drilling
2011 – Voted to eliminate climate advisors for the president
2011 – Voted in favor of allowing Keystone XL Pipeline

Pages

Subscribe to Money