The Wonk Room

The ‘Party Of No’ Becomes The ‘Party Of Slow’ »

Our guest bloggers are Daniel J. Weiss, a Senior Fellow and the Director of Climate Strategy at the Center for American Progress Action Fund, and energy team interns Jaren Love and Michael McGovern.

Senate Republicans are demanding lengthy economic analyses of progressive clean energy policy, despite having spent careers voting for and against major energy legislation without such delay. This week the Republican members of the Environment and Public Works Committee boycotted its debate on the Clean Energy Jobs and American Power Act (S. 1733), claiming that the Environmental Protection Agency’s analysis of the economic impacts was not sufficiently thorough. Before they launched their boycott, committee ranking member Sen. Jim Inhofe (R-OK) and Sen. George Voinovich (R-OH) demanded a “full analysis” that satisfied their particular requirements:

As we’ve noted in previous letters and requests, getting a thorough, comprehensive economic analysis of the Kerry-Boxer bill is an essential component of a meaningful legislative process. To accomplish that, EPA needs to do a series of model runs examining key provisions in the bill, with a number of sensitivity analyses on critical issues, including, among others, the availability of offsets, potential growth in nuclear power, and the extent of emissions reductions by developing countries. Anything less than a full analysis of this kind will be unacceptable.

Sen. Lamar Alexander (R-TN), chair of the Senate Republican Conference, piled on: “We want to participate in any clean energy bill, but we’re not willing to do that until we know what it costs.”

“It undermines the credibility of the process,” said Sen. Judd Gregg (R-NH). “It’s not constructive to the process to proceed without knowing what it costs.”

On Monday, senators Lisa Murkowski (R-AK), Saxby Chambliss (R-GA), Chuck Grassley (R-IA), and Kay Bailey Hutchison (R-TX) joined Inhofe to demand a “complete and substantive analysis of any bill that attempts to address this issue” and “complete data and a thorough vetting” before the EPW Committee took action.

Yesterday, senators Gregg, Susan Collins (R-ME), Olympia Snowe (R-ME), and Lindsey Graham (R-SC) sent a letter to the EPA saying, “We cannot support legislation” without “a clear picture of the bill’s impacts on our economy,” saying the EPA analysis needs to be completed “prior to any action in EPW.”

Their arguments fall flat, however, because these and other senators routinely voted on energy and global warming bills without any analysis. Since 2001, the Senate has debated at least eight energy or global warming bills where there was no analysis by EPA, Congressional Budget Office or the Energy Information Administration completed in advance of Committee deliberations. In several cases, there was no full analysis before the bill was voted on by the entire Senate: More »« Less

Lindsey Graham Rebukes Fellow Republicans: ‘The Green Economy Is Coming’ »

While other Senate Republicans led by Sen. Jim Inhofe (R-OK) boycott action on the climate crisis, Sen. Lindsey Graham (R-SC) has chosen a leadership role. In a press conference today with Sen. John Kerry (D-MA), the author of the Clean Energy Jobs and American Power Act, and Sen. Joe Lieberman (I-CT), Graham rebuked Republicans unwilling to address carbon pollution, asking, “If you can’t participate in solving a hard problem, why are you up here?” Saying that he has “seen the effects of a warming planet,” Graham called for the United States to “lead the world rather than follow the world on carbon pollution”:

The green economy is coming. We can either follow or lead. And those countries who follow will pay a price. Those nations who lead in creating the new green economy for the world will make money.

Watch it:

Graham’s words recall the testimony of former Center for American Progress Senior Fellow and White House official Van Jones, who told Congress in January, “We can build a green economy Dr. King would be proud of.” Van Jones, the founder of Green for All, left the White House after talk show host Glenn Beck targeted him as an “avowed communist and radical activist.” Beck has warned that efforts to build a green economy are “socialism,” “black nationalism,” and “fascism.”

Sen. Kerry announced that the three senators would work in a “dual track” to the committee process now underway to craft clean energy legislation in concert with the White House, which they hope to present directly to the Senate leadership. The senators conducted the press conference in between meetings with Secretary of Energy Steven Chu, Secretary of the Interior Ken Salazar, and White House climate advisor Carol Browner.

Graham also discussed how Americans of any party “really feel uncomfortable with the fact that our nation sends a billion dollars a day overseas to buy foreign oil from some countries who don’t like us very much,” saying that part of “this initiative is to create a vision for energy independence and marry it up with a responsible climate control carbon pollution controls and create a new economy.”

Graham emphasized that his vision is to “help this planet” that “is in peril, create millions of new jobs for Americans that need them, and to become energy independent to make us safer,” because he believes that “controlling carbon pollution is good business.” Although he hoped for participation from his fellow Republicans, he said, “If you believe carbon pollution is not a problem, then you wouldn’t want to work with me, because I do.”

Transcript: More »« Less

In Reversal, Boxer Sharply Curbs Clean Air Act Regulation Of Greenhouse Gases »

In a major shift, Sen. Barbara Boxer (D-CA) has changed the Clean Energy Jobs Act to significantly restrict the use of existing Clean Air Act provisions to regulate greenhouse gases. Unlike the climate bill passed by the House in June, the initial version of the Clean Energy Jobs and American Power Act, released by lead sponsor Sen. John Kerry (D-MA) and Boxer last month, did not strip the Environmental Protection Agency’s existing authority. The new language excludes global warming pollution from several sections of the Clean Air Act, limiting its regulation to operating permits for stationary sources emitting over “25,000 tons per year of any greenhouse gas”:

Notwithstanding any provision of this title or title III, no stationary source shall be required to apply for, or operate pursuant to, a permit under this title solely because the stationary source, including an agricultural source, emits less than 25,000 tons per year of any greenhouse gas or combination of greenhouse gases that are regulated solely because of the effect of those gases on climate change.

The 25,000 ton standard reflects the EPA’s plan for starting global warming regulation under a “tailoring rule” limited to the few thousand stationary sources of more than that amount of carbon dioxide a year — in large part coal-fired power plants. However, Boxer’s text is poorly written, as many greenhouse gases are thousands of times more powerful global warming pollutants than carbon dioxide.

The new text — like that of the House bill — completely forbids the regulation of greenhouse gases under the criteria pollutant, hazardous air pollutant, and international air pollution sections of the Clean Air Act.

Although several progressive and environmental organizations have made the preservation of existing Clean Air Act authority in the Clean Energy Jobs and American Power Act a key demand, Democratic members of the Committee on Environment and Public Works — which is now beginning to mark up the legislation — are split on this issue. Committee members Sen. Kirsten Gillibrand (D-NY) and Sheldon Whitehouse (D-RI) are signatories, with Chris Dodd (D-CT), of a dear colleague letter in favor of allowing greenhouse gas regulation as a pollutant circulated by Sen. Bob Menendez (D-NJ). However, Sen. Arlen Specter (D-PA) had questioned the provision, and influential member Max Baucus (D-MT), the Finance Committee chair, strongly opposes EPA regulation.

Organizations that have called on the Senate to “save the Clean Air Act” include Friends of the Earth, 1Sky, and MoveOn, supported by youth and other grassroots activists.

Other changes to the original version of the legislation reflect industry-friendly demands from Democrats on the committee. They include: increasing free allowances to major oil refineries, putting the Secretary of Agriculture in charge of the agriculture offset program, and making owners of abandoned mountaintop removal sites (”private or public abandoned mine land”) eligible for “Greenhouse Gas Reduction Incentives.”

The chairman’s mark also adds some provisions which strengthen the bill: Rep. Doris Matsui’s (D-CA) tree-planting program language, incentives for rapid renewable energy deployment, and a program to reduce black carbon emissions from diesel.

Text in chairman’s mark of Clean Energy Jobs and American Power Act restricting Clean Air Act regulation of greenhouse gases: More »« Less

CNBC Exposes Hypocrisy Of Ben Nelson’s ‘Prairie Populism’

Last Friday on CNBC, Sen. Ben Nelson (D-NE) bashed clean energy reform as a scheme to raise electricity costs and prop up Wall Street. Nelson reaffirmed his opposition to the Clean Energy Jobs and American Power Act, legislation supported by President Obama which would establish a regulated market to cap carbon pollution. In a taped interview with CNBC’s John Harwood, the conservative Democrat argued that President Obama’s climate agenda would be costly to farmers, ranchers, store owners, manufacturers, and anyone who uses electricity:

I haven’t been able to sell that argument to my farmers and I don’t think they’re going to buy it from anybody else. I think at the end of the day, the people who turn the switch on at home are going to be disadvantaged. As you turn on the lights, the lights, the electricity is going to cost more. Store owners, the same thing. Manufacturers, the same thing. I don’t think that the farmers or the ranchers necessarily buy the argument that it’s all going to be offset. And I don’t know why we want to create a system that sustains Wall Street once again .

Watch it:

In reality, the legislation makes multi-billion-dollar investment in clean energy jobs (including Nebraska) and scales back the pollution that threatens American agriculture, all at a cost of a postage stamp a day.

Nelson’s “prairie populism” doesn’t extend to his opposition to the Consumer Financial Protection Agency. “I don’t see creating a new agency is necessary,” he told Harwood, unless it is “scaled back or put in some other format.” When Harwood noted that Nelson is “with Wall Street on that,” Nelson offered the feeble reply, “Not for the same reason.”

Strangely, Nelson’s opposition to the president’s reform agenda precisely follows the interests of his top corporate donors. This year alone, Nelson has received $553,300 from agribusiness, $164,200 from oil and gas interests, and $140,199 from electric utilities. Nelson has even taken $31,500 from the virulently right-wing Koch Industries, the private pollution giant that has mobilized tea party opposition to climate and health care legislation. Berkshire Hathaway, whose subsidiary MidAmerican Energy is one of the nation’s largest coal-powered utilities, opposes climate legislation and has given Nelson $51,800. Coal-hauling Union Pacific is Nelson’s number-three contributor at $49,750.

When it comes to financial regulation, the story looks the same. Nelson has received $1,343,060 from Wall Street interests, from banks to insurers, according to the Center for Responsive Politics.

In another remarkable coincidence, Nelson’s attacks on climate and financial reform are identical to those being offered by the right-wing U.S. Chamber of Commerce. The Chamber’s head, Tom Donohue, sits on the board of Union Pacific, for which he has received approximately $5 million in compensation.

Inhofe Orchestrates Shameless Boycott Of Clean Energy Jobs Act »

Our guest blogger is Josh Nelson, publisher of EnviroKnow.com.

Sen. James Inhofe (R-OK), the most prominent climate change denier in the United States Senate, has concocted a new and innovative strategy to thwart the Clean Energy Jobs and American Power Act, sponsored by Sen. John Kerry (D-MA) and Barbara Boxer (D-CA). To wit, he and his Republican colleagues on the Environment and Public Works Committee have worked up a plan to simply not show up for this week’s markup:

But Boxer cannot hold the markup unless at least two Republicans show up, and EPW ranking member James Inhofe (R-OK) signaled that he has unanimous support among the panel’s minority members to boycott the session until they get more data on the legislation from U.S. EPA and the Congressional Budget Office.

Late Friday, Inhofe spokesman Matt Dempsey announced “Republicans will be forced not to show up” at the markup hearing scheduled for Tuesday. Sadly, this is a continuation of the GOP’s longstanding strategy of delaying clean energy legislation:

– As Chairman Henry Waxman (D-CA) shepherded his American Clean Energy and Security Act (ACES) through the House Energy and Commerce Committee this June, committee ranking member Joe Barton (R-TX) employed multiple parliamentary tricks to “nitpick the bill into legislative oblivion.” Democrats responded to these “nefarious stall tactics” by calling Barton’s bluff, even hiring a speed reader.

– House Minority Leader John Boehner (R-OH) filibustered the final vote on the ACES Act for hours by reading the text of the bill on the House floor.

– Last year during the debate over the Climate Security Act, Minority Leader Mitch McConnell (R-KY) demanded that the entire 491 page bill be read on the floor of the United States Senate. A strategy memo was leaked at the time detailing the Republican strategy for delaying the bill as much as humanly possible.

While this Republican obstructionism is not necessarily surprising, it is especially egregious this time. Here are a few things about this episode that struck me: More »« Less

Sen. Jeff Merkley: Kerry-Boxer Sets The Stage For A Clean Energy Future »

Our guest blogger is Senator Jeff Merkley (D-OR), a member of the Senate Committee on Environment and Public Works.

The Senate is hard at work crafting legislation to create clean energy jobs, reduce our dependence on foreign oil and fight climate change. I am very proud of what we’ve accomplished on the Kerry-Boxer Clean Energy Jobs and American Power Act so far and I wanted to let you all know about the progress we’ve made. I want to point out how critical it is that we reach out to folks beyond the blogosphere to let them know why this legislation will benefit all Americans.

We have to face the fact that curbing global warming isn’t the top priority for every American. When I talk to folks back in Oregon who may be skeptical about the scientific consensus on the threat of global warming, I take the opportunity to point out that there is a consensus among Americans when it comes to the many benefits of this legislation:

– This bill will create jobs.
– It will make our air cleaner.
– And it will reduce our dangerous dependence on oil imported from countries like Saudia Arabia and Venezuela.

These are goals we can all get behind. When Americans are presented with the choice of jobs, clean air and self-sufficiency versus a stagnant economy, dirty air and billions sent overseas to purchase foreign fuel, it’s an easy choice.

Senators Kerry and Boxer have put together an excellent framework that adds up to a comprehensive plan that would create a number of new renewable energy and energy efficiency programs. In addition, the bill includes a pollution reduction and investment program that would go beyond what the House proposed, to cut pollution 20 percent by 2020 and more than 80 percent by 2050. It will reduce dependence on foreign oil by helping cities and states plan for cleaner and more efficient transportation infrastructure that reduces the pollution coming from cars and trucks and by investing in clean vehicle technology and electric vehicle deployment.

That’s the overview of why we must pass this bill. But the details are important too: More »« Less

Who’s Who On The EPW: Senate Committee Begins Landmark Climate Hearings »

This week, hearings begin in the Senate Committee on Environment and Public Works on the Clean Energy Jobs and American Power Act (S. 1733). This comprehensive climate and clean energy legislation, co-sponsored by Sen. John Kerry (D-MA) and committee chair Barbara Boxer (D-CA), will establish a mandatory global warming pollution reduction market that will fund clean energy and climate adaptation, as well as establish new renewable energy and energy efficiency standards. The 19 members of the committee — 12 Democrats and 7 Republicans — are overseeing a three-day marathon of legislative hearings this week, starting with Administration witnesses today.

The committee members can be sorted by their degree of support for clean energy, progressive reform, and strong climate action:

– STRONGEST ACTION: Jeff Merkley (D-OR), Bernie Sanders (I-VT), Sheldon Whitehouse (D-RI)
– STRONG ACTION: Barbara Boxer (D-CA), Ben Cardin (D-MD), Kirsten Gillibrand (D-NY), Amy Klobuchar (D-MN), Frank Lautenberg (D-NJ), Tom Udall (D-CO)
– CENTRIST: Max Baucus (D-MT), Tom Carper (D-DE), Arlen Specter (D-PA)
– ANTI: Lamar Alexander (R-TN), Mike Crapo (R-ID), George Voinovich (R-OH)
– EXTREME ANTI: John Barrasso (R-WY), Kit Bond (R-MO), Jim Inhofe (R-OK), David Vitter (R-LA)

Below is the Wonk Room’s summary of some key issues that will be debated at the hearings, ranging from support for policies to ensure a clean energy future to favored attacks on any action by the Republican members.

CLEAN FUTURE

CLEAN AIR: “We must act to reduce black carbon,” Carper says, “a dangerous pollutant emitted by old, dirty diesel engines like those in some school buses and thought to be the second largest contributor to global warming after carbon dioxide.” “Among my top priorities was to be sure that we not only address challenges that carbon dioxide poses to our planet, but sulfur dioxide and nitrogen oxide and mercury.”

COAL PLANT GREENHOUSE GAS REGULATION: Kerry-Boxer follows Gillibrand’s call that “the EPA has to have authority to regulate coal plants under the Clean Air Act.” Baucus opposes the retention of this authority.

EMISSIONS LIMITS: As Sens. Cardin, Lautenberg, Merkley, Sanders, Whitehouse requested, the 2020 target for greenhouse pollution reductions has been strengthened to 20 percent below 2005 levels, instead of Waxman-Markey’s 17 percent target. Baucus has criticized the stronger targets.

GREEN TRANSPORTATION: Kerry-Boxer includes Sen. Carper’s push for green transportation, devoting “a guaranteed share of revenues from carbon regulation to transit, bike paths, and other green modes of transport.” The SmartWay Transportation Efficiency Program is modeled on the Clean, Low-Emission, Affordable, New Transportation Efficiency Act (S. 575 / H.R. 1329), co-sponsored by Sens. Specter, Merkley, Lautenberg, and Cardin.

NATURAL RESOURCE ADAPTATION: Whitehouse and Baucus have submitted language to support efforts for natural resource adaptation.

INDUSTRY

More »« Less

Obama: ‘It’s Hard To Say’ Why Critics Of Clean Energy Accuse Him Of Socialism

This afternoon at the Massachusetts Institute of Technology, President Barack Obama challenged the nation to explore the “new frontiers” of the “clean energy economy of tomorrow.” He praised Rep. Ed Markey (D-MA), Sen. John Kerry (D-MA), and Sen. Lindsey Graham (R-SC) for working on legislation to make our energy system “more efficient, far cleaner, and provide energy independence for America.” But Obama challenged critics “whose interest or ideology run counter to the much needed action,” saying the status quo “endangers our prosperity” and the “only purpose” of those who question climate science “is to defeat or delay the change that we know is necessary”:

The naysayers, the folks who would pretend that this is not an issue, they are being marginalized. But I think it’s important to understand that the closer we get, the harder the opposition will fight and the more we’ll hear from those whose interest or ideology run counter to the much needed action that we’re engaged in. There are those who will suggest that moving toward clean energy will destroy our economy — when it’s the system we currently have that endangers our prosperity and prevents us from creating millions of new jobs. There are going to be those who cynically claim — make cynical claims that contradict the overwhelming scientific evidence when it comes to climate change, claims whose only purpose is to defeat or delay the change that we know is necessary. So we’re going to have to work on those folks.

Following the speech, the Wonk Room asked President Obama why such critics accuse the president of socialism. Obama replied:

You know, it’s hard to say. Maybe if you have an answer to that, you’ll let me know.

Watch it:

Among the critics of President Obama’s clean energy agenda who say it will destroy the economy are Glenn Beck, Marc Morano, Fox News, Sen. Jim Inhofe (R-OK), and even Democratic candidate for the governor of Virginia, Creigh Deeds. Beck believes the White House energy and environment adviser Carol Browner is a socialist. Morano, Inhofe’s former blogger, argued limits on global warming pollution is the “biggest threat to freedom” at the Accuracy in Media conference today. Fox News anchor Bill Hemmer calls the regulation “cap and tax.” Inhofe warns of a “global tax” from the United Nations. And Deeds is now running ads claiming the “cap and trade bill” would “hurt the people” of Virginia.

The reason Obama’s critics accuse him of socialism is because, for reasons of “interest or ideology,” they support a system of economic inequity based on an unsustainable fossil-fuel economy. The current system has reaped great rewards for the ultra-wealthy and the industrial polluters at the expense of the health and welfare of their fellow Americans. To avoid blame for their malfeasance, they must paint Obama as the villain, and his essential reform agenda as even scarier than the status quo, with language that taps into the darkest fears of the American public.

Kudlow: ‘Any Involvement Of The White House’ In Chamber Climate Hoax? »

This morning, climate activists claiming to represent the U.S. Chamber of Commerce announced the organization was now supporting the Kerry-Boxer Clean Energy Jobs Act, reversing its years of opposition to any climate bill before Congress. “We believe strong climate legislation is the best way to ensure American innovation, create jobs, make sure the U.S. and the world are on track to reduce global carbon emissions,” the spoof statement, sent to reporters and presented at a press conference at the National Press Club in Washington, D.C. read. After Reuters bit on the story, despite the announcement’s implausibility, CNBC and Fox Business Network ran “breaking news” segments promoting the false tale of the Chamber’s redemption. Both networks noted the companies who have abandoned the chamber over its clean energy opposition, including Exelon, PNM Resources, PG&E, and Apple. When CNBC ran a retraction, right-wing anchor Larry Kudlow opined:

Is there any involvement of the White House whatsoever?

Watch a montage:

Trish Regan’s response to Kudlow’s bizarre suggestion was simply, “We’re going to leave it there.”

Mother Jones and Talking Points Memo report that the spoof was conducted by the Yes Men and the Avaaz Climate Action Factory, a youth activist organization.

It should be noted that FBN’s Brian Sullivan immediately corrected his initial report, when a call to the Chamber for more comment elicited a denial “that they are changing their position on climate change legislation.”

Transcripts: More »« Less

Seventh Generation Founder: ‘The US Chamber Of Commerce Doesn’t Act In The Best Interest Of Business’

Last week, over 150 business leaders from major American companies came to the capital to tell Congress to “pass comprehensive climate change and energy policy legislation this year.” One of the corporate titans who participated in the We Can Lead effort was Jeffrey Hollender, the co-founder, executive chairman, and “chief inspired protagonist” of Seventh Generation, the leading producer of green household products. In an exclusive interview with the Wonk Room, Hollender had strong words for the U.S. Chamber of Commerce, explaining that it made sense for prominent companies like Nike and Apple to cut ties to the chamber over its opposition to climate action:

I think the U.S. Chamber of Commerce doesn’t act in in the best interest of business. They represent what was historically best for business. They represent exactly what’s the polar opposite of the future of business. The chamber is a voice of the energy industry, of the coal industry. As you’ve seen in the last couple of days, Nike gives up its position on the board, Apple resigns — businesses will increasingly abandon the chamber because they are just so wrong on this issue. Not that they’re not wrong on most issues, but they’re more wrong on this issue than they usually are.

Watch it:

Hollender further described membership in the U.S. Chamber of Commerce as a “reputational risk“:

These companies, like Nike and Apple, are taking a leadership position with their own energy efficiency initiatives. They don’t want to see a playing field where companies who abuse and pollute get benefits, and companies that are more efficient don’t. So, part of it is making sure the playing field is leveled. But I also think it’s undeniably important that the consumers of these companies would be embarrassed if they knew that Nike was sitting on the board of the chamber. I mean, I think it’s a reputational risk to be associated with the chamber, given their behavior.

Pausing in the Russell Senate building between meetings with senators from some of the 20 states in which Seventh Generation has manufacturing facilities, Hollender explained why capitalists like himself support the efforts of Sen. John Kerry (D-MA) and Sen. Barbara Boxer (D-CA) to craft legislation with a cap-and-trade and energy efficiency provisions to cut global warming pollution and promote clean energy investment. Responding to critics who claim that advocates of a green economy are “socialists” who want to “kill capitalism,” he said, “the fact that we should be responsible for the effect we have on other people, anyone who tells you that’s anti-capitalist is crazy.”

Hollender concluded that Congress should pass clean energy and climate legislation immediately, because it’s “right for business, right for the economy, right for jobs, and good for the future of the country.”

Blog Action Day: Is The CBO Trying To Kill Humanity? »

Today is Blog Action Day, with thousands of blogs discussing global warming.

Doug Elmendorf, CBO

Yesterday, Doug Elmendorf, the director of the Congressional Budget Office, testified before the Senate energy committee about the “comparatively modest” cost of a cap-and-trade system to limit carbon pollution. The Washington Post and Wall Street Journal blared “Congressional Budget Chief Says Climate Bill Would Cost Jobs” and “Cap-and-Trade Would Slow Economy, CBO Chief Says.” Conservatives leapt on the reports to cheer the “end” of “cap-and-tax.”

Of course, Elmendorf’s testimony is nothing new. Elmendorf warned that jobs in the fossil fuel industry would be lost, and that overall GDP growth would be slowed by less than one percent by 2020. No one is arguing that there won’t be a shift from pollution-based industries to clean-energy industries. But doing so will create millions more jobs than are lost, as energy companies invest in American workers instead of foreign oil and mountaintop removal. The effect on GDP is within the margin of error of future estimates of growth. Even pessimistic studies by the National Association of Manufacturers find that U.S. GDP will increase by $9 trillion with limits on carbon pollution.

What upset me, however, was the portion of Elmendorf’s testimony that was not reported. Although he recognized that his estimates do not take into account the economic impacts of climate change, he testified that the changes that scientists call “catastrophic” would be barely noticeable in the U.S. economy:

Most of the economy involves activities that are not likely to be directly affected by changes in climate. Moreover, researchers generally expect the growth in the U.S. economy over the coming century to be concentrated in sectors — such as information technology and medical care — that are relatively insulated from climate effects. Damages are therefore likely to be a smaller share of the future economy than they would be if they occurred today. As a consequence, a relatively pessimistic estimate for the loss in projected real gross domestic product is about 3 percent for warming of about 7° Fahrenheit (F) by 2100. [Dale W. Jorgenson et al., 2004]

Elmendorf goes on to cite Nordhaus & Boyer (2000) to claim “the risk of catastrophic outcomes associated with about 11°F of warming by 2100″ gives a projected “loss equivalent to about 5 percent of U.S. output and, because of substantially larger losses in a number of other countries, a loss of about 10 percent of global output.” (By way of comparison, US GDP collapsed by nearly 50 percent during the Great Depression.)

This is frighteningly nonsensical. The CBO is arguing that the collapse of the national electricity grid, water supply, food system, and physical infrastructure from heat waves, desertification, disease outbreaks, wildfires, floods, and catastrophic storms would barely affect the national economy. In fact, seven to 11° F (4 to 6°C) warming would lead to unimaginable changes in our planet by 2100: More »« Less

Entergy CEO Warns Of Humanity’s Extinction If Climate Legislation Not Passed »

Last week, over a hundred CEOs of American companies broke with the U.S. Chamber of Commerce to lobby Congress to “pass comprehensive climate change and energy policy legislation this year.” The U.S. Senate is now considering the Kerry-Boxer Clean Energy Jobs and American Power Act, which would set a market-based limit on global warming pollution. Participants in a Clean Energy Economy Forum at the White House included J. Wayne Leonard, the Chairman and CEO of Entergy Corporation, the utility giant based in New Orleans, Louisiana. Speaking at the White House event, Leonard called for action on climate change and clean energy not just for economic reasons but starkly moral ones:

We are virtually certain that climate change is occurring, and occurring because of man’s activities. We’re virtually certain the probability distribution curve is all bad. There’s no good things that’s going to come of this. But what’s uncertain is exactly which one of those things are going to occur and in what time frame. In the probability distribution curve is about a 50% probability that about half of all species will become extinct or be subject to extinction over this period of time. What we will never know on an ex ante basis is whether or not man be one of those casualties or not.

We condemn Wall Street for taking risks with our economy — risks that all of you are trying very hard to reverse — but at the same time we’re taking exactly the same kind of risks, with no upside whatsoever, with regard to our climate, failing to practice even the basic risk management techniques in terms of climate change reduction.

Watch it:

In a powerful speech, Leonard called a national system to cap carbon pollution “an investment that by all facts, figures and analysis pays back many times over,” and warned that “history will judge us if we don’t pass comprehensive climate and energy reform now” for “cheating [our children] out of their future.”

Entergy serves “two-and-a-half million customers in the mid-South and the Gulf South portion of the country, some of the poorest people in the country,” Leonard noted. These customers already suffered the devastation of Hurricane Katrina, which global warming likely fueled.

Although Entergy’s website warns that the “ramifications of global climate change, while uncertain, paint a devastating portrait of an unsustainable world” and that what “the United States does now is critical to eliminating or at least reducing the possibility of catastrophic outcomes for future generations,” the corporation is a member of the U.S. Chamber of Commerce, which is spending millions of dollars to fight the regulation of climate pollution. Entergy plans to remain in the climate-denial organization in an attempt to “convince other members to agree to emissions limits.”

Transcript: More »« Less

Teabaggers Erupt At ‘Traitor’ Lindsey Graham: ‘Wussypants, Girly-Man, Half-A-Sissy’ »

Right-wing activists across the nation are enraged by Sen. Lindsey Graham’s (R-SC) decision to work with Sen. John Kerry (D-MA) to craft comprehensive climate and clean energy legislation. In an op-ed published in Sunday’s New York Times, Graham and Kerry discussed their agreement on a framework for mandatory global warming pollution reductions linked to government support for the nuclear, coal, and natural gas industries. The Natural Resource Defense Council’s Dan Lashof embraced the announcement as a “game changer.” Bill Scher noted that Graham has “crossed the climate Rubicon,” abandoning denialist conservative activists by recognizing the threat of global warming and working with Democrats. Graham has even said “it doesn’t bother me one bit” if President Obama gets credit for a policy victory:

I think the planet is heating up. I think CO2 emissions are damaging the environment and this dependence on foreign oil is a natural disaster in the making. Let’s do something about it. I’d like to solve a problem, and if it’s on President Obama’s watch, it doesn’t bother me one bit if it makes the country better off.

Graham’s willingness to drop blind partisanship for the chance to shape corporate-friendly climate legislation is making him the latest target of the extremist right, who drove Sen. Arlen Specter (D-PA) out of the Republican Party and demonized Rep. Mike Castle (R-DE). Yesterday, Graham held a town hall meeting in Greenville, South Carolina in which local Tea Party activists accused him of “going to bed with John Kerry” and making a “pact with the devil,” accusations which generated tremendous applause by the assembled crowd.

Watch it:

This unhinged response is reflected in the conservative blogosphere, where Graham has been called a “fake Republican,” “RINO” (Republican in name only), a “traitor,” “disgrace,” “asshat,” “democrat in drag,” and a “wussypants, girly-man, half-a-sissy”: More »« Less

PG&E CEO: We Left The U.S. Chamber Of Commerce Because They Lied To Us About Climate Policy

Tom Donohue, the embattled president of the U.S. Chamber of Commerce, today defiantly defended the attacks on clean energy legislation and climate science that have caused a mass exodus of companies from his organization. Donohue told reporters, “We’re not changing where we are,” saying of critics, “Bring ‘em on.” One of the chamber’s sharpest critics is Peter Darbee, chairman, president, and CEO of electric utility Pacific Gas & Electric, which was the first company to quit the chamber after they called for “monkey trials” on climate science. In a recent interview with E&E News, Darbee explained that his company quit the chamber after they repeatedly lied about their approach to climate policy:

The reason for our departure from the chamber is that we had repeated discussions with the chamber about how the direction they were on was not consistent with our position, in fact, very much at odds. And their response was, “We’ll take care of it. Really, our position and yours, PG&E, are much closer than you believe them to be, and don’t be concerned about that.” And we went down a road over several years, and there was fact after fact, development after development that caused us to believe that fundamentally we had entirely different positions.

Watch the video at E&E News.

The Chamber claims that federal regulation to limit global warming pollution would “strangle the economy.” and has even called for a “Scopes monkey trial” on the science of global warming. Darbee, not surprisingly, called that “extreme language, certainly not language that we at PG&E were comfortable with.”

Chamber To Apple: You Don’t Understand Our ’21st Century Approach To Climate Change’ »

U.S. Chamber of Commerce President Tom Donohue, who last year called for further “scientific inquiry” into climate science because of a “cooling trend,” today rebuked Apple for leaving his organization, claiming they did not understand the Chamber’s “21st century approach to climate change“:

I am sorry to learn of Apple’s resignation from the U.S. Chamber of Commerce. It is unfortunate that your company didn’t take the time to understand the Chamber’s position on climate and forfeited the opportunity to advance a 21st century approach to climate change.

Apple — recognized as the most innovative company in the world — had criticized the Chamber for not having a “more progressive stance” on climate change, saying, “We strongly object to the Chamber’s comments opposing the EPA’s efforts to limit greenhouse gases.”

Apple is right. The Chamber of Commerce has a 19th-century stance on global warming, opposes regulating greenhouse gas emissions, and has become an enemy of a clean-energy economy. The Chamber has promoted the work of climate skeptics on the radical fringe from 1992 to the present day. This year, the Chamber called for a “Scopes monkey trial” on climate science, attacking the scientific evidence of the threat of global warming pollution to the public welfare in a legal filing against the Environmental Protection Agency.

The Chamber claims to “support strong federal legislation and a binding international agreement to reduce carbon emissions and address climate change,” but has virulently opposed any such legislation, including McCain-Leiberman in 2003 and 2005, Lieberman-Warner in 2007, and Waxman-Markey in 2009.

Furthermore, the Chamber has set an impossible standard for climate legislation: the Chamber’s “support” for federal legislation is “conditional on an international agreement that requires full international participation,” knowing full well that such a treaty is impossible without U.S. legislation. Worse, the Chamber is opposed to the United States setting tariffs on countries that don’t limit their greenhouse gases even if we do, claiming that would “set off a trade war.”

The energy industries of the 19th century — coal and oil — are controlling U.S. Chamber of Commerce energy policy. We can only hope that the future of the United States is determined instead by 21st century companies like Apple, and the hundreds of others that are calling for strong climate action today.

The letter in full: More »« Less

Saving Ourselves By Saving The Forests

According to the World Resources Institute, the razing of forests from Indonesia to Brazil is responsible for the release of five billion tons of carbon dioxide a year, which amounts to 12 percent of global greenhouse gas emissions — more than all the cars and trucks in the world. The international effort to comprehensively fund forest protection as part of a new climate treaty is known as reducing emissions from deforestation and degradation (REDD). Experts estimate that an investment of about $10 to $20 billion a year will cut deforestation by half, if properly implemented. This is one of the cheapest routes to cutting global warming pollution, even ignoring the $4.5 to $5 trillion in benefits of saving the world’s tropical forests. As Papua New Guinea’s climate negotiator Kevin Conrad said last month:

We have to value forests when they are alive and standing. Presently, we only value them when they’re dead.

Saving the world’s tropical forests is a profound challenge. A funding framework controlled by corporations and international bodies raises great concerns from representatives for indigenous people, who worry that “States and Carbon Traders will take more control over our forests.” “Where countries are corrupt,” the United Nations notes, “the potential for REDD corruption is dangerous.” Realizing these fears, a $100 million scandal involving false carbon credits swept Papua New Guinea this summer.

“Logging companies may turn into carbon companies,” warns conservationist Rob Dodwell, who notes that only efforts that strengthen local communities rather than reward multinational corporations have any chance of being fair, sustainable, or trustworthy. An international framework to solve deforestation cannot ignore the “links between the exploitation of natural resources and the funding of conflict and corruption.” In other words, storing carbon must not be the only reason to save the forests.

Sen. Richard Lugar (R-IN) and Sen. John Kerry (D-MA) have been leading efforts in the U.S. Senate to confront international deforestation. In February, Lugar said he hopes the United States will “exercise leadership in protecting forests and responding to the risks of climate change”:

Deforestation is a critical national security challenge because of its connections with threats from climate change and food security.

The Waxman-Markey American Clean Energy and Security Act (ACES), passed by the House in June, “provides funding for tropical countries to prepare and implement plans to reduce deforestation, as well as for achieving these reduction goals.” ACES establishes private and public financing from polluters to prevent deforestation, and would create an “International Climate Change Adaptation Program within the U.S. Agency for International Development to provide adaptation assistance to the most vulnerable developing countries.”

Last week, Sens. Kerry and Barbara Boxer (D-CA) introduced the Senate version of ACES, the Clean Energy Jobs and American Power Act. The international forestry provisions in the bill “echo those originally included in the House bill,” though it “would allow international offsets to account for a quarter of projects annually rather than the half called for in the House bill,” thus making the private offsets program more reliable, and shifting more responsibility to public deforestation projects.

Read more at the Progress Report, the daily email newsletter from the Think Progress and Wonk Room team.

American Companies Tell The Senate: ‘We Can Lead’ On Clean Energy

Hundreds of business executives are descending on Washington this week in support of a clean energy economy. Calling for investment in American jobs instead of global warming pollution, the CEOs participating in the Business Advocacy Day for Jobs & Competitiveness — an effort organized by the new We Can Lead coalition — will tell the Senate to take action with strong climate legislation like the Clean Energy Jobs Act introduced last week by Sens. John Kerry (D-MA) and Barbara Boxer (D-CA). Several of these companies have written a public letter to Congress and the administration calling for “comprehensive legislation to cut carbon pollution”:

We need you to swiftly enact comprehensive legislation to cut carbon pollution and create an economy-wide cap and trade program. We support this legislation because certainty and rules of the road enable us to plan, build, innovate and expand our businesses. Putting a price on carbon will drive investment into cost-saving, energy-saving technologies, and will create the next wave of jobs in the new energy economy.

Carol Browner, the director of the White House Office of Energy and Climate Change Policy and EPA administrator Lisa Jackson, U.S. Environmental Protection Agency are confirmed speakers before the We Can Lead companies, who will be lobbying Congress on Wednesday, October 7 on behalf of strong climate legislation. Many of the participants in the lobby day have endorsed the House legislation, the American Clean Energy and Security Act, and others have called for even stronger action. In addition, the CEOs are “scheduled to eat dinner with Interior Secretary Ken Salazar on Tuesday, and to hold a White House meeting with Energy Secretary Steven Chu and Commerce Secretary Gary Locke on Wednesday morning.”

Politico reports that “28 companies and labor and green groups — including United Technologies, Johnson & Johnson, GE, Weyerhauser, the Nature Conservancy and the Environmental Defense Action Fund — are launching” a million-dollar ad campaign “in support of comprehensive clean energy and climate change legislation.”

We Can Lead is a collaboration between the Clean Economy Network, Ceres, and other business groups including:

– Arkansas Business Leaders for Clean Energy Economy
– Apollo Alliance
– Business Council for Sustainable Energy
– Business Forward
– Environmental Entrepeneurs
– EDF – Less Carbon More Jobs
– Indiana Businesses for Clean Energy Economy
– National Venture Capital Association
– Ohio Business Council for a Clean Economy
– Pennsylvania Business Leaders for a Clean Economy
– Renewable Energy Business Network
– TechNet
– US Climate Action Network

GE’s Right-Wing Media Hosts Jim Inhofe: CO2 Is Not A ‘Real Pollutant’ »

Appearing on General Electric’s conservative-skewing business network, CBNC, Sen. Jim Inhofe (R-OK) argued that carbon dioxide, the primary greenhouse gas, is not a “real pollutant.” In an interview with right-wing economist Larry Kudlow on Thursday, Inhofe repeated lies about the cost of climate legislation. Kudlow, praising Inhofe for telling Americans about this “very scary story,” attacked the prospect of global warming regulation as a “backdoor energy tax” that “can drive stocks into the ground.” Inhofe claimed that President Obama wants to “intimidate Congress” into passing “$300 to $400 billion a year” in taxes, so that the American people will blame Congress instead of him:

The reason why I don’t think they’ll try to do that through regulation is because certainly this president, President Obama knows that once the American people find out that they’re going to pay about $2,000 a year in taxes for something that doesn’t do anything, there’s going to be an outrage. And they want to be able to say, “Oh, no, that was Congress that did it.” My feeling is they’re using this for intimidation purposes and they’re going to try to intimidate Congress to do this.

Watch it:

CNBC’s promotion of right-wing fantasies originating from polluter-funded think tanks and conservative bloggers is nothing new. Energy and media multinational General Electric is often portrayed as a climate-friendly corporation which influences American politics to the left, primarily because of the presence of Rachel Maddow, Ed Schultz, and Keith Olbermann on MSNBC’s afternoon programming. On Fox News, Glenn Beck rants that GE is going to get “all kinds of contracts from the government on green energy” because it is “in bed with Obama.” The Competitive Enterprise Institute’s Steve Milloy claims the new Kerry-Boxer clean-energy jobs act is larded with “payoffs to GE.” Bill O’Reilly claims GE “is also pushing for the proposed cap-and-trade program” and “using its power and the airwaves to influence politics” so that it can “reap billions of dollars if the Feds OK the carbon deal.”

Not only does GE attack climate action through its CNBC network, it also supports several national lobbying campaigns against clean-energy legislation, through its membership in the American Coalition for Clean Coal Electricity (GE Energy), the American Petroleum Institute (GE Oil & Gas), and the National Association of Manufacturers (GE Enterprise Solutions). Unlike GE, companies such as Duke Energy have abandoned NAM and ACCCE for their retrograde position on climate change.

Transcript: More »« Less

Kerry-Boxer Clean Energy Jobs Act Strengthens American Power

Today, Sen. Barbara Boxer (D-CA) and Sen. John Kerry (D-MA) introduced the Clean Energy Jobs and American Power Act, comprehensive legislation to stave off catastrophic global warming by investing in clean energy. This environment committee proposal, in concert with the renewable energy bill drafted by the energy committee, represents the Senate version of the American Clean Energy and Security Act, the green economy legislation passed by the House of Representatives this June. Incorporating the efforts of a number of senators, the Kerry-Boxer legislation has strengthened a number of provisions:

EMISSIONS LIMITS: As Sens. Ben Cardin (D-MD), Frank Lautenberg (D-NJ), Bernie Sanders (I-VT), Jeff Merkley (D-OR) and Sheldon Whitehouse (D-RI) requested, the 2020 target for greenhouse pollution reductions has been strengthened to 20 percent below 2005 levels, instead of Waxman-Markey’s 17 percent target. “At the end of the day, what happens early on is what’s most important, not what your goals are 50 years from now,” Sanders told E&E News. “That’s a significant step forward.” Reflecting the fact that emissions are already 8.5% below 2005 levels, these stronger standards will spur greater investment in clean-energy jobs.

GREEN TRANSPORTATION: Kerry-Boxer includes Sen. Tom Carper’s (D-DE) push for green transportation, devoting “a guaranteed share of revenues from carbon regulation to transit, bike paths, and other green modes of transport.” The SmartWay Transportation Efficiency Program is modeled on the Clean, Low-Emission, Affordable, New Transportation Efficiency Act (S. 575 / H.R. 1329), co-sponsored by Sens. Arlen Specter (D-PA), Jeff Merkley (D-OR), Frank Lautenberg (D-NJ), and Ben Cardin (D-MD).

COAL PLANT GREENHOUSE GAS REGULATION: Kerry-Boxer follows Sen. Kirsten Gillibrand’s (D-NY) call that “the EPA has to have authority to regulate coal plants under the Clean Air Act.”

Kerry-Boxer includes placeholder language for carbon market regulation, to be provided by Sens. Dianne Feinstein (D-CA) and Olympia Snowe (R-ME). Sen. Boxer plans to hold hearings on the legislation over the following weeks, with the aim of reporting the bill out of committee by the end of the October.

At the behest of a bloc of senators from states with major natural gas reserves — Michael Bennet and Mark Udall (D-CO), Lisa Murkowski (R-AK) and Mark Begich (D-AK), Mary Landrieu (D-LA) and David Vitter (D-LA), Arlen Specter (D-PA), Sam Brownback (R-KS), and Tom Udall (D-NM) — Kerry-Boxer also includes provisions that provide extra rewards for coal plant owners to switch to natural gas. Murkowski, Landrieu, Vitter, and Brownback are still expected to oppose the legislation as a job-killer.

Several senators, led by Sens. Tom Udall (D-NM) and Mark Udall (D-CO), are hoping to reform and strengthen the federal renewable energy standard included in the Energy Committee companion bill when debate reaches the Senate floor.

A number of senators have committed to passing strong climate and clean energy legislation, including Sen. Tim Johnson (D-SD), who is “optimistic we can turn energy potential into reality and help create new job opportunities at home by producing more clean energy in the United States.” After telling a global warming skeptic that “climate change is very real,” Stabenow was eviscerated by the right wing. Both Brown and Specter have committed to voting against a Republican filibuster of climate legislation — a key move for President Obama’s progressive energy agenda.

Defenders of a pollution-based economy are already attacking the legislation. Sen. Kent Conrad (D-ND) called the strengthened 2020 target “problematic” because of his state’s reliance on coal. “At a time when our businesses are struggling, when we want to create jobs, not lose jobs, I think this is a very bad bill at this particular time,” said Sen. Kay Bailey Hutchison (R-TX). She falsely claimed that “your home electricity bill will go up 90 percent because of this legislation.” In fact, the EPA estimates that electricity bills will go down.

Bingaman Rejects Appeasement: Don’t Add Polluter Subsidies To Clean-Energy Legislation

Sen. Jeff Bingaman (D-NM), the influential chairman of the Senate Committee on Energy and Natural Resources, opposes efforts to add coal and nuclear subsidies to win votes for climate legislation. In an interview with Grist, Bingaman disagreed with Sen. Joe Lieberman’s (I-CT) strategy to make the Senate version of the American Clean Energy and Security Act “more attractive to Republicans and conservative Democrats” by “including greater funding for coal and nuclear energy,” saying that instead climate leaders should put forward “a proposal people are confident will work“:

Frankly I don’t believe that gaining support of conservative Democrats depends upon putting more money into nuclear and coal power…. I think what’s really needed to get conservative Democrats supporting cap and trade legislation is to be able to put forward a proposal that people are confident will work and that people are confident will not impose an undue burden on rate payers or on our overall economy.

Watch it:

Sen. Barbara Boxer (D-CA) and John Kerry (D-MA) intend to introduce their climate legislation to the Senate on Wednesday. Senators such as John McCain (R-AZ), Russ Feingold (D-WI), Chuck Grassley (R-IA), Blanche Lincoln (D-AR), Mark Udall (D-CO), and Jay Rockefeller (D-WV) have implied they will only support climate legislation that includes increased subsidies for the nuclear, coal, or agribusiness industries. However, as Sen. Bingaman indicates, the only successful strategy to overcoming a Republican filibuster of clean energy reform is to convince the Senate that reform will create jobs, expand the economy and preserve and create prosperity.

Fortunately for advocates of reform, each day brings new evidence that a clean-energy future is just what America needs to rebuild our economy and prevent catastrophe. The UK Meteorological Office has found that global warming is accelerating. Military analysts warn “climate-induced crises could topple governments, feed terrorist movements or destabilize entire regions.” The “Chinese decision to go green,” New York Times columnist Tom Friedman argues, “is the 21st-century equivalent of the Soviet Union’s 1957 launch of Sputnik.” And despite the ideological rantings of polluters who have crippled the global economy, non-partisan analyses repeatedly find that the tremendous benefit of halting global warming by investing in American jobs comes at a pricetag of a postage stamp a day.

“The carbon-based free lunch is over,” Exelon CEO John Rowe explained today. “But while we can’t fix our climate problems for free, the price signal sent through a cap-and-trade system will drive low-carbon investments in the most inexpensive and efficient way possible.” Rowe also announced his company was severing ties with the right-wing U.S. Chamber of Commerce because of its opposition to clean-energy investment.