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Author Topic: Fossil Fuels: Degraded Democracy and Profit Over Planet Pollution  (Read 11287 times)

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AGelbert

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More Profit over Planet on behalf of Hydrocarbon Hustlers 🦖 comin' our way.  :(
League of Conservation Voters

June 30, 2018

House rushes forward on four drilling bills

Here's a partial list of these bills:

H.R. 6087, introduced by Wyoming's Rep Liz Cheney 🦖, requires citizens and groups to pay exorbitant fees to protest oil and gas leasing. If passed, the per page fee proposed in this bill could cost thousands of dollars per submission. Here's the rub: oil and gas companies don't have to pay a fee for expressing interest in these very same parcels.

H.R. 6106 and H.R. 6107, introduced by New Mexico's Rep Steve Pearce 🐉, would gut federal oversight over drilling projects for environmental, safety, or public health impacts.

H.R. 6088, introduced by Utah's Rep John Curtis 🦕, would move to hand out drilling permits as quickly as possible. Only the Interior Secretary could object to the permit — and there would be no site inspections or environmental review.

These attacks on public lands are directly aligned with the Trump administration, which over the past 18 months has sold out more federal land to drilling interests than any previous administration.

President Trump 🦀  and Interior Secretary Zinke 😈 want nothing more than to open up millions of acres of public lands to oil and gas drilling and mining. And Republican leaders in Congress are doing everything legislatively available to assist Trump and Zinke in their efforts.

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AGelbert

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AGelbert

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July 3, 2018

Rhode Island Sues Oil Giants 🐉🦕🦖

 Rhode Island became the first state to sue oil and gas companies for the impacts of climate change on Monday, filing suit against 21 of the world’s largest fossil fuel producers. State Attorney General Peter Kilmartin said yesterday that the state was especially vulnerable to the impacts of rising seas and extreme weather as he announced the suit with Democratic Gov. Gina Raimondo against a stretch of the state’s 400-mile coastline.

“The defendants' actions for the past several decades are already having and will continue to have a significant and detrimental impact on our infrastructure, economy, public health, and our eco-systems, and will force the state to divert already-limited resources to mitigate the effects of climate change, thereby diminishing resources for other vital programs and services,” Kilmartin said.

The suit joins a group of cases across the country brought by cities including New York and municipalities in California and Colorado.

https://www.carbonbrief.org/daily-brief/rhode-island-sues-oil-companies-over-climate-change-first-state-to-do-so
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AGelbert

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Scandal Ridden Pruitt 🦖 Finally Resigns from EPA, Leaving Another Climate Denier 🦕 in Charge 👎

July 5, 2018

Sierra Club’s Mary Anne Hitt says Pruitt’s long list of scandals is only matched by his long list of attempted environmental rollbacks, and new acting EPA administrator Andrew Wheeler will advance the same deregulatory agenda


Story Transcript

DHARNA NOOR: It’s The Real News. I’m Dharna Noor.

Environmental Protection Agency chief Scott Pruitt resigned on Thursday amidst numerous allegations of ethical and legal violations. Trump announced Pruitt’s resignation via Twitter, where he also said that EPA Deputy Administrator and former coal lobbyist Andrew Wheeler will assume the role of acting administrator this Monday. Just hours before Pruitt resigned, two congressmen called upon the EPA’s inspector general to investigate allegations that Pruitt has been hiding and falsifying calendar records of his meetings with industry officials. And these came in a slew of new allegations reported by The Washington Post on Monday. Aides also said that the administrator asked EPA staffers to help his wife get a six-figure job, and to perform many other nonofficial tasks.

Here to talk about all of this is Mary Anne Hitt. She’s the director of the Beyond Coal Campaign at the Sierra Club. Thanks for joining us today.

MARY ANNE HITT: Thanks for having me.

DHARNA NOOR: So first let’s talk a little bit about what we’re losing in Scott Pruitt. Let’s assess his record a little bit. So as you know, and many of you probably know, on Monday a schoolteacher named Kristen Mink actually confronted Pruitt in a D.C. restaurant and asked him to resign. Let’s see that clip.

KRISTIN MINK: I just wanted to urge you to resign because of what you’re doing to the environment in our country. Meanwhile, you’re slashing strong standards for cars and trucks for the benefits of big corporations. We deserve to have somebody at the EPA who actually does protect our environment, someone who believes in climate change and takes it seriously for the benefit of all of us, including our children. So I would urge you to resign before your scandals push you out.

DHARNA NOOR: So Mink castigated Pruitt for being a climate denier, for attacking clean air and water standards, for renting a condo from the spouse of a prominent fossil fuel lobbyist with whom he was in talks. This was just as a reminder at the time that he actually approved the Alberta Clipper pipeline, allowing hundreds of thousands more barrels of oil per day to flow to the United States from Canada’s tar sands. Talk a little bit about his record generally, and what Pruitt’s environmental impact was, and about his deregulatory agenda.

MARY ANNE HITT: Well, let me say first that I am a mom of an 8-year-old, and I found it very heartwarming when that mom stood up and I think said what a lot of us moms wish we could say to Scott Pruitt in person, which is that it’s our clean air and our clean water and the very safety of our kids that is on the line. And Scott Pruitt from day one in office was, frankly, working to dismantle the EPA. It was his life’s work formerly as the Oklahoma attorney general to try to find shortcuts or loopholes around our clean air and clean water standards, and from his first day on the job he began working at the behest of polluters to do just that.

And in doing so, if that wasn’t bad enough, he also was just-. It was just, frankly, a bottomless pit of scandals, of corruption, from multi-hundred dollar fountain pens, to accepting cheap rent from a lobbyist for a fossil fuel company, to tactical paants that were bought for him for the price of hundreds of dollars a pair. So it was really, frankly, I think-. Again, as a mom, as someone who’s worried about the safety of your air and water, the fact that he was that corrupt in his personal dealings was one thing. The fact that he was playing fast and loose with the water that we all drink and the air that we all breathe was what was truly scary about Scott Pruitt.

DHARNA NOOR: Talk a little bit more about what some of the impacts that he had were on clean air and clean water regulations. Talk a little bit more specifically about what some of his legacies will be, moving on from the EPA.

MARY ANNE HITT: Well, the long list of Scott Pruitt’s ethical scandals is only matched by a long list of air and water and climate regulations that he tried to roll back in his tenure at EPA. Everything from standards for how to dispose of toxic coal ash safely so it doesn’t end up in the drinking water, so you don’t have things like arsenic in your drinking water from coal ash, to the first ever climate standards that we had as a nation to reduce climate pollution from power plants. He was working to repeal and revoke those. You can talk about the safety of pesticides. You can talk about-. Really, Scott Pruitt never met an environmental regulation that he didn’t want to try to roll back or repeal. And the good news, if there is any, is that he didn’t get too far in that agenda. A lot of what he was trying to do, we believe, was illegal. And the Sierra Club and other groups were challenging him in court every step of the way. So he set a lot of bad things in motion. And we are worried that Andrew Wheeler, the number two at the EPA who is now in charge, will continue on that toxic agenda. But we also are very determined to fight them every step of the way.

DHARNA NOOR: Yeah. So let’s talk a little bit more about Andrew Wheeler. Again, he’s a former coal lobbyist. And I understand that your organization actually obtained emails between him and Scott Pruitt through the Freedom of Information Act. What did you find from those emails, and what do you generally expect from him as an EPA administrator?

MARY ANNE HITT: Well, I want to give a special shoutout to our attorneys and press folks at the Sierra Club. They paged through, I am not kidding you, almost 60000 pages of FOIA documents from the EPA that are the source of the information about a lot of these scandals that you saw on the news and you wrote about on the front pages of the newspaper. And Wheeler and Pruitt were definitely partners in crime, working to advance this agenda of rolling back our environmental safeguards that they’re going to continue full speed ahead with Wheeler at the helm, to try to get that agenda over the finish line. And we are going to be fighting at the Sierra Club and with all of our partners every step of the way to prevent that from happening. Because it really is, you know, just as the mom who confronted Scott Pruitt in the restaurant put it so so beautifully, it’s our kids future. It’s the safety of the water we drink and the air that we breathe. And that, that is what they are playing fast and loose with to benefit their polluter buddies.

DHARNA NOOR: And then, lastly, how can people hold the EPA administrator, whether it’s Pruitt, Wheeler, or somebody else accountable? What are some actions that people can take to ensure that, you know, we don’t have another EPA administrator like Scott Pruitt? Is that even possible?

MARY ANNE HITT: Well, the Sierra Club tonight is reaching out to all of our members and supporters and asking them to call their members of Congress, because Congress is the agency that does have oversight over the EPA. And obviously Trump is happy to have folks reading the EPA doing the bidding of polluters. And so our check on that is the Congress. And Scott Pruitt did get a lot of a lot of very hard questions, increasingly hard questions, every time he appeared before the Congress and before the Senate. That was a lot of what put him on the hot seat and, again, exposed some of this corruption.

And so we’re going to be counting on members of Congress now to do the same thing with Wheeler who, again, he’s a coal lobbyist. He has a very long and not very pretty track record when it comes to clean air, clean water. He’s got the same agenda as Pruitt and Trump, which is to dismantle all of our environmental safeguards. And so folks should call their members of Congress and ask them to oppose Wheeler and Trump’s agenda, and to actually put someone in charge of EPA who will let the EPA do its job and fulfill its mission. I’m sure the very hardworking folks at EPA are breathing a sigh of relief tonight, and would just like to be able to do their jobs to make sure our air and water are safe. And the Congress needs to allow the EPA to do just that. That’s what the American people are counting on.

DHARNA NOOR: All right. Well, Marianne, as we see what Wheeler and others do in the EPA we’ll be sure to check in again with you. Thanks so much for coming on today.

MARY ANNE HITT: Thank you so much for having me.

DHARNA NOOR: And thank you for joining us on The Real News Network.

https://therealnews.com/stories/scandal-ridden-pruitt-finally-resigns-from-epa-leaving-another-climate-denier-in-charge
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AGelbert

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The Koch Brothers' 😈 👹 Best Investment

KAYLA KITSON JUNE 28, 2018

How a $40 million political outlay yields a $500 million tax cut.

This article appears in the Summer 2018 issue of The American Prospect magazine. Subscribe here.

The sprawling political network backed by billionaire brothers Charles 🦕 and David 🦖Koch will spend $20 million ahead of the midterm elections to convince voters that the Trump tax cuts are good for the country and the middle class. That’s on top of the $20 million they spent to promote the 2017 Republican tax bill’s passage. All told, the network plans to spend $400 million on candidates and issues this election cycle, up from $250 million in the last one.

Most of the money will be spent on TV ads targeting vulnerable Democratic senators for opposing the tax cuts. As of early May, the Koch network’s political advocacy arm, Americans for Prosperity (AFP), had already run more than 8,000 ads targeting Democratic Senators Heidi Heitkamp of North Dakota, Joe Donnelly of Indiana, and Claire McCaskill of Missouri.

The campaign also includes door-to-door canvassing, in which AFP employees and volunteers talk up the new tax law with voters. AFP is calling the campaign the “American Pay Raise.” Of course, if you have to spend tens of millions of dollars to convince working families that tax cuts are good for them, that should tell you there’s something fundamentally wrong with your tax cuts, which go mostly to corporations and the rich.

Nobody better personifies this tilt better than the Koch brothers themselves. The immense amounts shelled out by the Koch network to pass and promote the GOP tax law are just drops in the bucket compared with the tax windfall the Koch brothers will reap from the new law.

Americans for Tax Fairness estimates that the Kochs and their conglomerate Koch Industries will likely save between $840 million and $1.4 billion in income taxes each year. That’s a return on investment of at least 4,100 percent on the $20 million they spent to pass the law.

Estimating the potential tax savings for the Koch brothers is not an exact science. Koch Industries, the nation’s second-largest private corporation, does not publicly reveal its financial statements or how its individual companies are structured for tax purposes. Some may be C corporations, which would benefit from the lower corporate tax rate. Others are likely pass-through entities, so their tax savings would flow directly through to the individual tax returns of their owners, primarily Charles and David Koch.

Koch Industries brought in about $100 billion in revenue last year, according to Forbes. Assuming the conglomerate has a (relatively modest) pretax profit margin of 10 percent, Koch Industries’ profits would be around $10 billion before taxes. Let’s say that all the Koch companies are organized as pass-through entities, so all the income is taxed at the individual level. Let’s further assume that these profits are divided equally between the two brothers, so each reports $5 billion of business income. Under the new law, the Kochs will be able to deduct 20 percent of that income, so each will have $1 billion in tax-free income.

The tax law also reduced the top income tax bracket—which now applies to income over $600,000 for a married couple—from 39.6 percent to 37 percent. Under the new law, Charles and David Koch could pay about $1.5 billion in taxes each on their business income, versus the nearly $2 billion they would have owed under previous law. These two provisions alone could save them about $500 million each, or $1 billion in total.


To be fair, each brother owns a 42 percent stake in the business, so 16 percent of the profits will pass through to the other owners. Assuming that each brother reports 42 percent of the $10 billion in estimated profits doesn’t significantly change the magnitude of the estimated tax savings—each brother would still get about $420 million.

If we instead assume that all the Koch companies are taxed at the corporate level, the tax savings for Koch Industries could be up to $1.4 billion. This assumes that the Koch companies previously paid the statutory 35 percent corporate tax rate, in which case Koch industries would have owed $3.5 billion in taxes on its $10 billion in profits. Under the new law, it would only owe 21 percent, or $2.1 billion.

Most corporations pay less than the statutory rate due to myriad tax loopholes. Koch Industries could have already paid a low effective tax rate under prior law, meaning its benefit from the tax law would be less than estimated here—especially if loopholes that it relied on were closed. Even so, the lower rates in the new law will save them a bundle. And luckily for Koch Industries, which has substantial oil and gas operations, most of the loopholes for this industry remain wide open.

The propaganda for the Republican Tax Act portrays it as good for investment. It’s hard to find an investment in the real economy that paid off as handsomely as the Koch brothers’ political spending.

http://prospect.org/article/koch-brothers-best-investment


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AGelbert

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Ghost Ships No More: Seismic Vessels Resume Oil and Gas Search as Prices Perk Up 🤬

July 4, 2018 by Reuters

seismic survey vessel Photo: CutePloy / Shutterstock
reuters

SNIPPET:

By Florence Tan and Gavin Maguire SINGAPORE, July 5 (Reuters) – A growing fleet of ships is scanning oceans in search of new oil and gas fields as energy companies, now with more cash thanks to stronger crude prices, gradually resume spending on seismic services after a four-year downturn.

A doubling in the area contracted for seismic work in the first quarter this year from the last three months of 2017 has injected optimism into surveillance firms, with a global fleet of about 24 vessels, most of whom struggled to survive in the past years.

But they say the road to recovery remains bumpy with producers big and small not keen on drilling for new reserves unless oil prices, which have more than doubled from 2016 lows, stay high for at least a year.

Still, with crude prices stabilising well above $60 a barrel in the past six months, companies including mid- and small-sized independents such as Woodside Petroleum Ltd, Kosmos Energy Ltd and Tullow Oil PLC have helped boost demand for surveillance.

The total area tendered by upstream companies 🦖 for seismic work doubled to 40,000 square kilometres in the first quarter this year from October-December last year, said Duncan Eley, chief executive officer at Polarcus which owns a seismic fleet.

“That’s positive in isolation,” said Eley, keeping his optimism in check even as he pointed to a busy fourth quarter for geophysical work in Asia Pacific, particularly for gas with demand forecast to soar in coming decades.

Gas projects 🦖 in Myanmar could take two to three vessels from the global fleet, while there are also potential activities in Malaysia, Australia, India and Papua New Guinea, where Exxon Mobil and Total plan to feed more gas into their existing liquefied natural gas infrastructure, Eley said.

That marks a stark change from the dark days of 2015 and 2016 when orders for geophysical survey work came to a grinding halt as oil prices plummeted from over $100 a barrel to less than $50.

Petroleum Geo Services (PGS)🦖, the world’s largest seismic operator, was also seeing better opportunities now than last year.

“The recent increases we’ve seen are primarily driven by Africa and Brazil when it comes to bidding for contract work,” said Bård Stenberg, PGS’ senior vice president for investor relations and communication.

Demand for geophysical data at producing oil and gas fields, also known as 4D seismic survey, has also increased as explorers sought to maximise output from these assets ☠️, the two executives 😈 👹 said.

PGS expects to secure between 20 and 25 4D seismic jobs this year, up from 16-17 in 2017, Stenberg said, with most of it located in the North Sea, West Africa and Brazil.

OIL PRICE IS KEY 

The increased work should help improve the company’s earnings which remain well below pre-crisis levels.

Full FARTICLE:

http://gcaptain.com/ghost-ships-no-more-seismic-vessels-resume-oil-and-gas-search-as-prices-perk-up/

Agelbert NOTE: Corruptio Optimi Pessima (evidenced in the video below).

In the year 2050, most humans alive today..., WON'T BE ☠️.

The Age of Stupid

Dr. Brown is the guy in the video. His credentials are World Class.

Patrick T. Brown, PhD

Curriculum vitae

CURRENT POSITION

Carnegie Institution for Science, Stanford University
Postdoctoral Research Scientist (under Ken Caldeira)

EDUCATION

Duke University, Durham, North Carolina
Doctor of Philosophy, Earth and Ocean Science, 2016
San Jose State University, San Jose, California
Master of Science, Meteorology and Climate Science, 2012
University of Wisconsin – Madison, Madison, Wisconsin
Bachelor of Science, Atmospheric and Oceanic Sciences, 2008

https://patricktbrown.org/


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AGelbert

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This 2012 Article is even more applicable today.

The Fossil Fuelers 🦖 DID THE Clean Energy  Inventions suppressing, Climate Trashing, human health depleting CRIME,   but since they have ALWAYS BEEN liars and conscience free crooks 🦀, they are trying to AVOID   DOING THE TIME or     PAYING THE FINE!     Don't let them get away with it! Pass it on!   
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AGelbert

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Oil Change International

Jul. 17, 2018 11:38AM EST

'Traitor' Trump 'Colludes' With Putin Over Oil 🐉🦕🦖

By Andy Rowell

A "traitor." "Putin's Poodle." "Open Treason." These are just some of the harsh headlines to greet Trump after yesterday's summit in Helsinki with Russian President Vladimir Putin.

The papers back home were indignant with rage. The New York Times called Trump Putin's "lackey." The paper said that this was the summit that Putin had dreamed of for eighteen years, and Trump had willingly obliged.

The Washington Post's bruising editorial headline was "Trump just colluded with Russia. Openly."

The paper thundered "Trump appeared to align himself with the Kremlin against American law enforcement before the Russian ruler and a global audience … Trump in fact was openly colluding with the criminal leader of a hostile power."

It was not just the press who criticized the president, as he also received cross-party political condemnation.

Senate Minority Leader Chuck Schumer said in a statement: "For the president of the United States to side with President Putin against American law enforcement, American defense officials, and American intelligence agencies is thoughtless, dangerous and weak. The president is putting himself over our country."

John Brennan, the CIA director under Barack Obama, said: "Donald Trump's press conference performance in Helsinki rises to & exceeds the threshold of 'high crimes & misdemeanors.' It was nothing short of treasonous. Not only were Trump's comments imbecilic, he is wholly in the pocket of Putin," he tweeted.

Arizona Republican senator John McCain added it was "one of the most disgraceful performances by an American president in memory … It is clear that the summit in Helsinki was a tragic mistake … no prior president has ever abased himself more abjectly before a tyrant."

The condemnation is everywhere, filling column inches after column inches in the press. Another headline in the Post stated "Trump is a Putin Fanboy: Someday we will know why."

There are many reasons why Trump is a "fanboy" of Putin. And we can guess why. As well as finding common cause to dismiss the evidence of Russian meddling in the flawed election he won, the egotistical narcissistic hard men have much in common, too. And one of those issues is oil.

As one news outlet, CNBC, put it: "Russian President Vladimir Putin suggested that Moscow and Washington could cooperate to soothe volatility in the oil market that has roiled the industry in recent years."

Putin said at the conference: "I think that we as a major oil and gas power, and the United States as a major oil and gas power as well, we could work together on regulation of international markets, because neither of us is actually interested in the plummeting of the prices."

Putin added: "But nor are we interested in driving prices up because it will drain a lot of juices from all other sectors of the economy, so we do have space for cooperation here."

Indeed the meteorologist Eric Holthaus, writing in Grist, also picks up the oil theme: "There's no way to understand Trump's 🦀 relationship with Russia 🦕 without putting oil and climate politics at its center" he wrote. "If you're upset at Trump and Putin for undermining our democracy, just wait until you find out that they are likely colluding to destroy our planet's climate system, too."

He added: "After Monday's meeting in Helsinki, it's clearer than ever that we are at a crucial moment in our American democracy as well as in the biggest and most important fight we've ever had—the fight against climate change."

Holthaus continued: "Russia is a petrostate 🦕, and the U.S.🦖 is now, too. In fact, the two countries are the world's largest non-OPEC oil producers, extracting nearly as much as all OPEC countries combined … By working together, they can keep the global economy swimming in oil and gas."



The two hardmen are propped up by fossil fuels and our addiction to oil and gas. So Holthaus finishes by arguing, "The quicker we resolve to move away from our dependence on fossil fuels, the quicker Putin and Trump will become powerless."    

And that can only be a good thing. For all of us.

https://www.ecowatch.com/trump-putin-oil-2587581476.html
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