Author: telegraph

Big Oil Will Have To Pay Up, Like Big Tobacco

Here is a message to investors in the oil industry, whether pension and insurance funds, university endowments, hedge funds or other asset managers: Your investments are going to sour. The growing devastation caused by climate change, as seen this month in Texas, Florida and the Caribbean, are going to blow a hole in your fossil-fuel portfolio.

Not only will the companies you own suffer as society begins to abandon fossil fuels in earnest, they will also be dragged through the courts here and abroad for their long-standing malfeasance and denial of what they have done to the world.

Climate change deniers, mainly politicians in the pay of the oil industry, protest that there is no proof that destructive storms and floods are the result of human-induced global warming. Who can say that a Hurricane Harvey or Irma wouldn’t have occurred in the past? Such a defense – the cynical shrug – will not play for much longer, either in the court of public opinion or in courts of law in the United States and abroad. The risks of climate-related disasters are real and rising, and soon it won’t matter politically or legally that any particular event might have occurred even without human-induced global warming.

The issue is of probability, not certainty. Of course, there have been weather-related disasters in the past. But global warming makes us more vulnerable to these events. Scientists emphasize that hurricane damage, for example, may rise for three reasons: higher sea levels (due to warming) cause larger storm surges; warmer oceans add energy to hurricanes; and warmer air holds more water vapor that can cause torrential downpours.

Insurance companies know that climate risks are rising, scientists know it, and an increasing number of investors know it. And more of the general public knows it, too. In climate science, the link between specific events like Harvey and Irma and the general rise in risk due to global warming is called “attribution.” It’s a problem we grapple with in many contexts. When a miner gets lung disease, a homeowner with asbestos insulation develops a rare cancer, or a smoker succumbs to lung cancer, we can never be sure that the particular case was linked to coal dust, asbestos or cigarettes.

But the courts have been ready to read the probabilities, and hold companies liable for damages when the likelihood of causation is high enough. The courts have also linked liability with the standard of care exercised by the defendant. When a company understands the risks but ignores them, or even worse, lies about them, the court or jury is far more likely to agree to a large claim.

The tobacco companies relentlessly misled the public about their products. Some oil companies have done the same about climate change. ExxonMobil, for example, knew internally for decades that its products contribute to global warming, according to a peer-reviewed Harvard University study published last month, but publicly downplayed the linkages and the resulting risks (Exxon denies this).

The Koch brothers, owners of refineries and oil pipelines, have manufactured doubts about climate science and spent vast sums to oppose decarbonization policies and to elect politicians to do the same.

But the science of climate attribution is rapidly becoming more sophisticated, leaving the oil industry more exposed than ever.

Consider, for example, the World Weather Attribution (WWA) project. This is an effort by a consortium of scientific institutions, including the University of Oxford Environmental Change Institute, the Royal Netherlands Meteorological Institute, the University of Melbourne and the Red Cross Red Crescent Climate Centre. This project has recently shown, that human-induced climate change dramatically raised the likelihood of the record-breaking heat wave in western Europe this summer. The team found that climate change “made the intensity and frequency of such extreme heat at least twice as likely in Belgium, at least four times as likely in France, Switzerland, the Netherlands, and central England and at least 10 times as likely in Portugal and Spain.”

The project is now analyzing whether human-induced global warming raised the likelihood of the rainfall brought by Harvey.

American politics has long been manipulated by Big Oil, with massive campaign financing as well as backroom lobbying not seen by the public. The federal government and oil states like Texas have been as derelict as the companies, and could well find themselves also as defendants in cases brought by Americans and others who are hit by climate disaster.

Many Caribbean islands were devastated by Irma, and their leaders are appealing for aid. Soon, the cries around the world will change to a call for “compensation” or “civil damages” instead of just aid.

When climate justice comes — and it will — those who have been in denial will pay a heavy price. And those who have invested in companies that behaved recklessly and irresponsibly will share the heavy losses on that day of reckoning.

Pivotal Moment In American History: Sen. Bernie Sanders Unveils Medicare-For-All Bill With 15 Co-Sponsors

On September 13, 2017, Senator Bernard Sanders introduced S.1804 – a bill to establish a Medicare-for-all health insurance program, with 15 co-sponsors. Sanders Institute Fellow and Director of Public Policy for National Nurses United spoke with Amy Goodman of Democracy Now! on the pivotal piece of legislation. According to a June poll by the Kaiser Family Foundation, some 53% of Americans support a national health care plan.

UPDATE: As of September 14, 2017, there are now 16 co-sponsors for S.1804.

 

 

Vermont Senator Bernie Sanders is slated to introduce universal healthcare legislation today, aimed at expanding Medicare coverage to include every American. In a New York Times op-ed published today, Sanders wrote, “This is a pivotal moment in American history. Do we, as a nation, join the rest of the industrialized world and guarantee comprehensive health care to every person as a human right? Or do we maintain a system that is enormously expensive, wasteful and bureaucratic, and is designed to maximize profits for big insurance companies, the pharmaceutical industry, Wall Street and medical equipment suppliers?” Fifteen senators have already signed on as co-sponsors. The introduction of the Medicare for All Act comes after Republicans repeatedly failed to push through their legislation to repeal and replace the Affordable Care Act. The Republicans’ efforts sparked sustained grassroots protests, led by disability activists and healthcare professionals. We speak with Michael Lighty, director of public policy for National Nurses United and the California Nurses Association. National Nurses United has long advocated for a Medicare-for-all system.

Transcript

AMY GOODMAN: We begin today’s show in Washington, D.C., where Vermont Senator Bernie Sanders is slated to introduce universal healthcare legislation today aimed at expanding Medicare coverage to include every American. In a New York Times op-ed piece published today, Sanders writes, quote, “This is a pivotal moment in American history. Do we, as a nation, join the rest of the industrialized world and guarantee comprehensive health care to every person as a human right? Or do we maintain a system that is enormously expensive, wasteful and bureaucratic, and is designed to maximize profits for big insurance companies, the pharmaceutical industry, Wall Street and medical equipment suppliers?” unquote.

Under Sanders’ legislation, all children under 18 and all adults 55 and older would qualify for Medicare during the program’s first year. The remainder of adults would be phased in over four years, until everyone is covered by Medicare. Fifteen senators have so far signed on as co-sponsors, including New Jersey Senator Cory Booker, Massachusetts Senator Elizabeth Warren, California Senator Kamala Harris. This is Senator Sanders speaking at the People’s Summit in Chicago in July.

SENBERNIE SANDERS: Think back five years ago. There was, at that point, widespread belief that the Affordable Care Act, so-called Obamacare, was about as far as we could go as a nation in healthcare. That’s about it. Past Obamacare, can’t do any more. Today, as you know, that view is radically changing. Nurses, thank you for your help on this. Today, all over our country, the American people understand that there is something profoundly wrong when we remain the only major country on Earth not to guarantee healthcare to all people as a right, not a privilege. And there is also something profoundly wrong when millions of Americans cannot afford the prescription drugs that their doctors prescribe. And what the American people from coast to coast are catching onto is the function of healthcare is to provide quality care to all people, not to make billions in profits for the insurance companies or the drug companies.

AMY GOODMAN: The introduction of the Medicare for All Act comes after Republicans repeatedly failed to push through their legislation to repeal and replace the Affordable Care Act. The Republicans’ efforts sparked sustained grassroots protests, led by disability activists and healthcare professionals.

For more, we go to Washington, D.C., where we’re joined by Michael Lighty, director of public policy for National Nurses United and the California Nurses Association. National Nurses United has long advocated for a Medicare-for-all system.

Michael, welcome to Democracy Now! Talk about what has happened just in the last two weeks, from zero senators co-sponsoring to—what are we at now? Fifteen and counting?

MICHAEL LIGHTY: Fifteen and counting, Amy. And it’s a beautiful day. It’s an exciting day for this movement to guarantee healthcare for all. We have literally seen, in the last two weeks, the ascension of this movement for improved Medicare for all. It’s something we haven’t really seen, even going back to the Hillarycare days, where this groundswell is organic. It’s a prairie fire across the country. We’ve seen, just one example, 2 million impressions on Twitter on RoseAnn DeMoro, our executive director’s demand for these senators to sign on to Senator Sanders’ bill. So, this groundswell—we had town halls in California this week. We’ve had hundreds of people come out demanding this reform. It is extraordinarily popular.

And I think we have overcome an amazing amount. The political establishment on the Democratic side, and certainly on the Republican side, did not want this to happen, and yet here we are. And it reflects the fact that Medicare for all, an improved Medicare for all, is more popular than the Affordable Care Act and more popular than the repeal of the Affordable Care Act. It works. Medicare works. And so, here we are. I think it’s really an amazing day. Americans should have a lot of hope, I think.

AMY GOODMAN: I wanted to go to just who is supporting this. Senator Sanders introduced single-payer healthcare three times before. This is the first time he’s had any co-sponsors. California Senator Kamala Harris was the first to sign on. That seemed to break the ice. And at last count, 15 Senate Democrats co-sponsored, including New Jersey’s Cory Booker, New York’s Kirsten Gillibrand, Richard Blumenthal and Chris Murphy of Connecticut, Jeff Merkley of Oregon, Elizabeth Warren and Ed Markey of Massachusetts, Al Franken of Minnesota, Tammy Baldwin of Wisconsin, Sheldon Whitehouse of Rhode Island, Brian Schatz and Mazie Hirono of Hawaii. However, Democratic leadership has yet to jump on board. Senate Minority Leader Chuck Schumer, House Minority Leader Nancy Pelosi have both declined to support the bill. So, talk about the significance and whether it matters whether the leadership leads or simply follows and gets on board if it gets support.

MICHAEL LIGHTY: Well, I think what’s extraordinary is that the majority of the Democratic caucus in the House has signed on to HR 676. Seventy percent of Minority Leader Pelosi’s constituents support improved Medicare for all. I think she just doesn’t get it. The only way to maintain the gains of the Affordable Care Act is to extend and build on that foundation by eliminating the insurance company premiums, deductibles and copays, and really guarantee healthcare for all through the Medicare system. That and the fact that she hasn’t signed on yet, I think it’s a matter of time.

AMY GOODMAN: So, Michael Lighty, lay out what you understand—and have you spoken to Bernie Sanders?—what you understand he’s doing today, what exactly this bill calls for.

MICHAEL LIGHTY: Well, this bill calls for a system where we literally take the healthcare industry model of revenue and profit and transform our healthcare into a system based on the morality of caregiving. And that is a fundamental difference, where, as he said in the clip that you showed, Amy, these healthcare players—the pharmaceutical companies, the insurance companies, hospital corporations, medical device manufacturers and, behind them all, Wall Street—are profiting on human suffering. And that is going to end, because we’re going to guarantee healthcare regardless of one’s ability to pay. Yes, everyone contributes, but the patient care that you get will be based upon what you need, not what you can afford. And that’s a fundamental transformation in the healthcare system in this country. And people are desperate for that security. Frankly, a third of the country or more has deductibles of greater than $2,000 a year. This bill eliminates that. The cost sharing that’s endemic to Medicare will be gone. And those are barriers to care. The insurance companies looking over your shoulder, if you’re a doctor or a nurse, when you’re caring for a patient or deciding how long they should stay in the hospital, that’s gone, that kind of interference. Doctors and nurses put in charge of healthcare, patients getting the care they need, people having real health security, that’s what Senator Sanders is doing today.

AMY GOODMAN: So, talk about the phasing in. I mean, we’re talking about Medicare for all, the idea that this extremely popular program of people 65 years and older have Medicare, just dropping that age to zero to include the entire population. But it’s not happening all at once.

MICHAEL LIGHTY: Well, it is important to recognize that part of the issue within healthcare is that we have a lot of people concentrated in Medicare who, of course, need a lot of services. So it’s a very good idea to include young people, who have less intense healthcare needs. So, putting zero—that is, at birth—to 18-year-olds in the plan is a really good thing to kind of stabilize the system initially, and then also cover those who are 55 and older. Those are the ones with the greatest need, who have the hardest time finding insurance that can actually cover what they need as healthcare. So those two things make sense. And that’s a huge chunk of the population. Then, when you get to between 18 and 55, you’re really dealing with the employer-based insurance system. And it’s appropriate to take some time to unwind that. We hear a lot about how invested people are or how complicated that might be. I don’t think it’s necessarily complicated, but it does take some time to unwind that system, that has been the basis of healthcare since World War II. So I think a few years to do that is perfectly reasonable.

AMY GOODMAN: I want to turn to President Trump speaking about healthcare in July during a lunch with Senate Republicans.

PRESIDENT DONALD TRUMP: We have no Democrat help. They’re obstructionists. That’s all they’re good at, is obstruction. They have no ideas. They’ve gone so far left, they’re looking for single payer. That’s what they want. But single payer will bankrupt our country, because it’s more than we take in, for just healthcare. So single payer is never going to work. But that’s what they’d like to do. They have no idea what the consequence will be. And it will be horrible, horrible healthcare, where you wait on line for weeks to even see a doctor.

AMY GOODMAN: Michael Lighty, your response? Michael, your response? We’re talking to Michael Lighty, director of public policy for the National Nurses United and the California Nurses Association. I’m going to give it one more try to see if Michael can hear us. Michael, can you hear me?

MICHAEL LIGHTY: Yes, I can. Sorry.

AMY GOODMAN: Can you respond to President Trump?

MICHAEL LIGHTY: I can hear you, Amy, yes.

AMY GOODMAN: Can you respond to President Trump? We’ll go to break. We’ll come back to you. Michael Lighty is—

MICHAEL LIGHTY: Well, respond to President Trump—

AMY GOODMAN: Yes, to respond to what he’s saying.

MICHAEL LIGHTY: Basically, President Trump has said he likes Australia. Well, this is very similar to the Australian system—no cost sharing, guaranteed healthcare for all, elimination of the role of the insurance companies. So, this is something that, in fact, President Trump should welcome. This is not the Affordable Care Act. This is not something that we’ve, obviously, instituted before, so it’s an opportunity for him to do something actually positive for the country and for everyone, as a whole. So I think that the—really, the opportunity here is to bring folks together. This is a publicly financed, privately delivered reform that actually represents kind of the best of what we can bring to this issue, because we’re going to be putting doctors and nurses in charge. That’s what we hear from the right all the time: We need doctors and nurses, clinicians in charge, and we need patient-centered care. Well, this is exactly it. This is the kind of great healthcare system that we could create in the U.S.

AMY GOODMAN: Michael Lighty, I want to thank you for being with us. Of course, we’ll follow up on this tomorrow, because Senator Bernie Sanders, the former presidential candidate, is introducing Medicare for all today, at least expected to. A couple of weeks ago, as usual, he had no co-sponsors. He’s introduced it a few times before. But today, just in the last few weeks, begun with Kamala Harris, the senator from California, one after another, Democratic senators signed on. And at last count, it’s 15 Democratic senators supporting the Medicare-for-all bill. Michael Lighty, director of public policy for National Nurses United and the California Nurses Association, thanks so much for joining us.

When we come back, the second meeting of the so-called election integrity commission takes place at Saint Anselm College in New Hampshire. We’ll get the latest. Stay with us.

Stop Talking Right Now About The Threat Of Climate Change. It’s Here; It’s Happening

For the sake of keeping things manageable, let’s confine the discussion to a single continent and a single week: North America over the last seven days.

In Houston they got down to the hard and unromantic work of recovery from what economists announced was probably the most expensive storm in US history, and which weather analysts confirmed was certainly the greatest rainfall event ever measured in the country – across much of its spread it was a once-in-25,000-years storm, meaning 12 times past the birth of Christ; in isolated spots it was a once-in-500,000-years storm, which means back when we lived in trees. Meanwhile, San Francisco not only beat its all-time high temperature record, it crushed it by 3F, which should be pretty much statistically impossible in a place with 150 years (that’s 55,000 days) of record-keeping.

That same hot weather broke records up and down the west coast, except in those places where a pall of smoke from immense forest fires kept the sun shaded – after a forest fire somehow managed to jump the mighty Columbia river from Oregon into Washington, residents of the Pacific Northwest reported that the ash was falling so thickly from the skies that it reminded them of the day Mount St Helens erupted in 1980.

That same heat, just a little farther inland, was causing a “flash drought” across the country’s wheat belt of North Dakota and Montana – the evaporation from record temperatures had shrivelled grain on the stalk to the point where some farmers weren’t bothering to harvest at all. In the Atlantic, of course, Irma was barrelling across the islands of the Caribbean (“It’s like someone with a lawnmower from the sky has gone over the island,” said one astounded resident of St Maarten). The storm, the first category five to hit Cuba in a hundred years, is currently battering the west coast of Florida after setting a record for the lowest barometric pressure ever measured in the Keys, and could easily break the 10-day-old record for economic catastrophe set by Harvey; it’s definitely changed the psychology of life in Florida for decades to come.

Oh, and while Irma spun, Hurricane Jose followed in its wake as a major hurricane, while in the Gulf of Mexico, Katia spun up into a frightening storm of her own, before crashing into the Mexican mainland almost directly across the peninsula from the spot where the strongest earthquake in 100 years had taken dozens of lives.

Leaving aside the earthquake, every one of these events jibes with what scientists and environmentalists have spent 30 fruitless years telling us to expect from global warming. (There’s actually fairly convincing evidence that climate change is triggering more seismic activity, but there’s no need to egg the pudding.)

That one long screed of news from one continent in one week (which could be written about many other continents and many other weeks – just check out the recent flooding in south Asia for instance) is a precise, pixelated portrait of a heating world. Because we have burned so much oil and gas and coal, we have put huge clouds of CO2 and methane in the air; because the structure of those molecules traps heat the planet has warmed; because the planet has warmed we can get heavier rainfalls, stronger winds, drier forests and fields. It’s not mysterious, not in any way. It’s not a run of bad luck. It’s not Donald Trump (though he’s obviously not helping). It’s not hellfire sent to punish us. It’s physics.

Maybe it was too much to expect that scientists’ warnings would really move people. (I mean, I wrote The End of Nature, the first book about all this 28 years ago this week, when I was 28 – and when my theory was still: “People will read my book, and then they will change.”) Maybe it’s like all the health warnings that you should eat fewer chips and drink less soda, which, to judge by belt-size, not many of us pay much mind. Until, maybe, you go to the doctor and he says: “Whoa, you’re in trouble.” Not “keep eating junk and some day you’ll be in trouble”, but: “You’re in trouble right now, today. As in, it looks to me like you’ve already had a small stroke or two.” Hurricanes Harvey and Irma are the equivalent of one of those transient ischaemic attacks – yeah, your face is drooping oddly on the left, but you can continue. Maybe. If you start taking your pills, eating right, exercising, getting your act together.

That’s the stage we’re at now – not the warning on the side of the pack, but the hacking cough that brings up blood. But what happens if you keep smoking? You get worse, till past a certain point you’re not continuing. We’ve increased the temperature of the Earth a little more than 1C so far, which has been enough extra heat to account for the horrors we’re currently witnessing. And with the momentum built into the system, we’re going to go somewhere near 2C, no matter what we do. That will be considerably worse than where we are now, but maybe it will be expensively endurable.

The problem is, our current business-as-usual trajectory takes us to a world that’s about 3.5C warmer. That is to say, even if we kept the promises we made at Paris (which Trump has already, of course, repudiated) we’re going to build a planet so hot that we can’t have civilisations. We have to seize the moment we’re in right now – the moment when we’re scared and vulnerable – and use it to dramatically reorient ourselves. The last three years have each broken the record for the hottest year ever measured – they’re a red flashing sign that says: “Snap out of it.” Not bend the trajectory somewhat, as the Paris accords envisioned, but simultaneously jam on the fossil fuel brakes and stand on the solar accelerator (and also find some metaphors that don’t rely on internal combustion).

We could do it. It’s not technologically impossible – study after study has shown we can get to 100% renewables at a manageable cost, more manageable all the time, since the price of solar panels and windmills keeps plummeting. Elon Musk is showing you can churn out electric cars with ever-lower sticker shock. In remote corners of Africa and Asia, peasants have begun leapfrogging past fossil fuel and going straight to the sun. The Danes just sold their last oil company and used the cash to build more windmills. There are just enough examples to make despair seem like the cowardly dodge it is. But everyone everywhere would have to move with similar speed, because this is in fact a race against time. Global warming is the first crisis that comes with a limit – solve it soon or don’t solve it. Winning slowly is just a different way of losing.

Winning fast enough to matter would mean, above all, standing up to the fossil fuel industry, so far the most powerful force on Earth. It would mean postponing other human enterprises and diverting other spending. That is, it would mean going on a war-like footing: not shooting at enemies, but focusing in the way that peoples and nations usually only focus when someone’s shooting at them. And something is. What do you think it means when your forests are on fire, your streets are underwater, and your buildings are collapsing?

Safety At Home And Abroad, From Terrorism To Food Security

Nothing is more important than the safety and security of the people of Hawaii and our country. As a member of the Armed Services and Foreign Affairs Committees, I am focused on keeping the American people safe from threats to our national security, environment, communities and fellow citizens.

For too long, our country’s leaders have refused to meet and negotiate directly with North Korea, and have held onto failed policies that resulted in a nuclear-armed North Korea with intercontinental ballistic missiles that put Hawaii and the mainland squarely within range. President Donald Trump needs to meet with Kim Jong Un to conduct direct negotiations without preconditions, in order to de-escalate and ultimately denuclearize the peninsula. Until then, we must also invest in cutting edge missile defense technology. We must always be willing to sit down with our adversaries, not just our friends, to pursue all avenues of peace.

We must also recognize that decades of U.S.-led regime change wars have caused Kim to develop and tighten his grip on nuclear weapons to ensure his regime does not suffer the same fate of Gaddafi in Libya and Saddam in Iraq. We must, once and for all, end our policy of regime change wars and make a commitment that our country will end our efforts to overthrow the governments of Syria, Iran, Venezuela or other countries.

Tomorrow is the 16th anniversary of 9/11, and al-Qaeda is stronger than ever before, in part due to a CIA-led program I have long called to end. For years, the CIA provided U.S.-taxpayer funds, arms, and intelligence to armed militants allied with al-Qaeda, fighting to overthrow the Syrian government. While Trump recently ended this program in Syria, our taxpayer dollars and military assets are still being used by Saudi Arabia in Yemen to strengthen al-Qaeda and directly and indirectly kill hundreds of thousands of Yemeni civilians — including the resultant famine and diseases like cholera. We must end our support for interventionist wars that drain our resources and threaten our national security by immediately passing my bipartisan bill, the Stop Arming Terrorist Act.

Just as we fight for peace and security abroad, we must address threats that exist here at home. We must end the war being waged against our environment by those who place profits above people and our planet. I’ve introduced legislation that will build on the momentum already created by Hawaii’s leadership in clean energy by setting national clean energy standards, and investing in infrastructure that protects and preserves our precious water resources.

We must address the threat to our food security as Hawaii continues to import more than 85 percent of its food. In the 2018 Farm Bill, I’m working with Hawaii farmers to empower those growing food to feed our people, rather than more giveaways to big, agribusiness corporations.

We must end the failed and destructive war on drugs that has so devastated our families and communities. It has overburdened our criminal justice system, torn families apart and made criminals out of so many Americans. I’ve introduced criminal justice reform legislation, including a bill to legalize marijuana and take it off of the Federal Controlled Substances List.

We must pass legislation that permanently solves the crisis facing our DREAMers. Last week, I met with DREAMers on Maui who shared stories of being brought to Hawaii as young children, and who know no other home than Maui. Failing to fix this legislatively is a betrayal to them and their families.

We must end our destructive legacy of counterproductive regime change wars and nation-building overseas, and instead invest in rebuilding our communities here at home by overhauling our failing infrastructure, ensuring affordable housing is available to end our homeless crisis, invigorating our economy, strengthening our health care system, improving education, and creating a better future for us all.

Be Part Of The Solution

What Houston and the rest of the world are up against is physics. As we’ve heated the planet by burning fossil fuel, certain things have changed. Since warm air can hold more water vapor than cold air, for instance, the stage has been set for previously unimaginable rainstorms like the one that accompanied Harvey.

Houston may, with great creativity and at great expense, figure out a plan for how to deal with 50 inches of rain if it comes again. But that won’t solve the problem, because the world’s temperature continues to rise. Harvey showed how bad it can get now that the world’s temperature has risen about two degrees Fahrenheit. But that’s just the beginning. If we keep burning fossil fuels at current levels, we’re going to eventually raise the earth’s temperature at least six degrees. With each passing year the clouds will get more freighted with water, and the Gulf of Mexico, into which the bayous drain, will rise even higher. It’s a horrible dilemma.

But Houston does have one advantage over India, Nigeria, Yemen, and the other places that experienced disastrous floods the same week as Harvey. Because its major industry is oil and gas, Houston’s civic and business leaders could play a serious role in helping stanch the flow of carbon into the atmosphere. Harvey could be the wake-up call the city needs.

Imagine if Harvey convinced ConocoPhillips, Marathon Oil and other Houston-based companies to transition away from fossil fuels and toward renewable energy. Does this sound impossible? Well, last month Denmark announced that it had sold off its last state-owned oil company and would be using the cash to build more windmills. This wasn’t just the right thing to do, it was the smart thing. Anyone with a long-term view-which is precisely what’s needed in a time of rebuilding-can see that the sun and wind are the fuels of the future.

Texas already has substantial renewable assets, such as wind turbines. Harvey provides the perfect moment for energy companies to cash in their winnings from the fossil fuel age and head for the exits. Since solar energy now employs more people than coal, Google, Facebook and Apple combined, it’s almost certainly the right business decision.

I don’t expect this to happen. So far, the leaders of the fossil fuel industry have chosen climate denial, deceit and delay at every turn, in an effort to extend their current business model another decade or two. But when Superstorm Sandy barreled down Wall Street, it changed some minds-the cover of the next issue of Bloomberg Businessweek read “It’s Global Warming, Stupid.”

Clearly, Sandy helped turn the finance industry’s attention toward the future. There’s now more investment capital headed toward renewables than hydrocarbons.

Harvey gave Houston a bitter taste of what a warming world feels like. It will be interesting-and, given its economic power, potentially very important-to see what it makes of its current opportunity.

Why We Should Abolish The Debt Ceiling

Congressional Democrats have pulled a fast one on Republicans by striking a deal with Trump to raise the federal debt ceiling only until the end of the year. This will give them bargaining leverage in December to strike a bigger bargain with Republicans: Democrats will agree to raise the debt ceiling then in return for Republican cooperation on legalizing Dreamers (unauthorized immigrants brought into the U.S. as children), making small but necessary fixes in the Affordable Care act, and other things Democrats seek.  

Raising the debt ceiling is always a political football, used by whichever party is in the minority to extract concessions from the majority party or from the majority party’s president.

The debt ceiling is how much the government is allowed to borrow. It shouldn’t be a political football. It should be abolished. It serves absolutely no purpose.

 

 

When the debt ceiling was first adopted in 1917, it might have been a useful way to prevent a president from spending however much he wanted. But since 1974, Congress has had a formal budget process to control spending and the taxes needed to finance it.

There’s no reason for Congress to authorize borrowing for spending that Congress has already approved, especially when a failure to lift the debt ceiling would be so horrific.

Having a debt ceiling doesn’t discipline government, anyway. The national debt is obligations government has already made to those who lent it money. Discipline has to do with setting spending limits and legislating tax increases, not penalizing the lenders.

Which is why most modern democracies don’t have debt ceilings. Britain, France, Germany, Canada, Australia – they do just fine without explicit borrowing limits.

Even more basically, the nation’s debt is a meaningless figure without reference to the size of the overall economy and the pace of economic growth.

After World War II, America’s debt was larger than our entire Gross Domestic Product, but we grew so much so fast in the 1950s and 1960s that the debt kept shrinking in proportion.

Today’s debt is about 77 percent of our total national product. The reason it’s a problem is it’s growing faster than the economy is growing, so it’s on the way to becoming larger and larger in proportion.

This is what we ought to be focusing on. Fighting over whether or not to raise the debt ceiling is a meaningless and dangerous distraction. So abolish it.

DACA Explained

This Vox video gives an overview of DACA: Its history, who is eligible for DACA, and the protections that those individuals receive when they become DACA recipients.

It also describes the events that led to the Trump Administration revoking the program in September of 2017.

The video ends with a few statistics describing how DACA has changed the lives of those involved in the program:

  • 69% got a job with better pay
  • 61% opened their first bank account
  • 65% bought their first car
  • 65% pursued educational opportunities they previously couldn’t

“When those protections expire over the next weeks, months or years, they will be back where they started before 2012: unable to work legally and constantly at risk for deportation.”

 

Dr. Cornel West And Robert George Tackle Tough Issues In Critical Conversations

The first night of Auburn University’s Critical Conversations speaker series was met with a packed room of hundreds of Auburn students, faculty, and residents who were eager to hear Cornel West, professor of the practice of public philosophy at Harvard Divinity School, and Robert P. George, McCormick professor of jurisprudence at Princeton University, speak on Friday afternoon.

George and West’s discussion, entitled the Ideological Differences and Free Speech on Campus, was moderated by Auburn University’s Associate Provost and Vice President of the Office of Diversity and Inclusion Taffye Benson Clayton in the Student Center Ballroom.

“The Critical Conversations speaker series will include scholars and thought leaders from throughout the nation who will inform, enrich and challenge our thinking,” Clayton said. “Our desire throughout this academic year is to inspire our entire campus to keep growing, to keep growing, and, most of all, to keep the conversation going.”

After introducing the guest speakers, Clayton asked them both for their opening thoughts, to which George, after saying the necessary “War eagle” to a laughing crowd, thanked Auburn’s staff and explained the importance of truth and free speech, drawing from his joint statement made with West in March 2017 entitled “Truth Seeking, Democracy, and Freedom of Thought and Expression,” which had then been signed by around 5,000 people.

“In that statement … we make the case as strongly as we can for respecting and honoring freedom of thought and freedom of expression,” George said. “Truth-seeking is what institutions like Auburn University and Harvard University and Princeton University are all about. If universities aren’t in the truth-seeking business then they ought to go out of business.”

George went on to talk about the polarization of American society today, arguing that unity must come through a shared conviction and belief in the principles of a republican democracy despite our differences.

During his opening remarks, West also thanked University administration and staff for inviting them to speak and proceeded to urge Auburn students to examine their lives and beliefs by quoting Plato’s “Apology,” “The unexamined life is not worth living.”

“The crucial part is a critical self-inventory that requires vulnerability, taking a risk and, most importantly, cultivating the capacity to love,” West said. “Love truth, bigger than all of us; love beauty, bigger than all of us; love goodness, bigger than all of us and if you’re religious, a love of the holy, much bigger than all of us.”

West then described today’s America as experiencing a “spiritual blackout,” through which modern Americans are becoming increasingly fixated with individuality, materiality and status while shirking integrity, virtue and our ability to cultivate our capacity for love.

Clayton then asked George and West how best one should treat those with whom one disagrees on ideological issues in a constructive way.

George answered by praising the virtue of intellectual humility, however difficult it is to obtain and sustain, by admitting to ourselves that each and every one of us fallible.

“None of us is right all the time. It’s a little paradox worth reflecting on–that everybody in this room, including the three of us up here, knows that we are wrong in some of our beliefs,” George said. “But we know also that it’s not easy, and that’s in part because we; as fallible human beings, tend to wrap our emotions around our convictions, sometimes very, very tightly.”

George said that his point was not for human beings to cast away our capacity for emotion and become stoics, but to find a healthy balance between logic and emotion coupled with humility to the point where we welcome contradictory opinions and open ourselves up to being made to feel uncomfortable by viewpoints that contradict our own.

“If we really make progress when it comes to intellectual humility and openness, not only will we welcome our critic as a partner in the truth-seeking enterprise, we will learn to become our own best critics,” George said. “If Auburn does anything for you as students … it should not make you comfortable. If Auburn is making you comfortable, then, Mr. President Leath, we’ve got to fix things.”

West agreed and said that the saving moments of human history were periods when love, dialogue and democracy were valued and warned that if society ceases to value these ideals then we will cycle back into “hatred, contempt, domination, exploitation, xenophobia and so on.”

West then said that finding common ground, no matter how small or seemingly inconsequential, was necessary to facilitate constructive discussion among disagreeing parties.

Clayton asked the visiting professors on their thoughts of moral authority as it relates to leadership, and asked whether or not a moral threshold existed, which led West to discuss American youth’s increasing skepticism of long-time institutions.

“They look at our churches and the pastors that become CEOs, choirs become praise teams, business enterprises, market models,” West said. “They could come to the universities and they see market model versus democratic educational model, the tension between the two.”

George spoke of the moral authority of President Donald Trump and his lack of support for the president based on concerns for his character.

“The lack of virtue in a person will unravel that person’s leadership,” George said. “You need as much virtue in a president who’s a Democrat as you do in a president that’s a Republican … you will not get it unless the people demand it. Remember that this is an experiment, and experiments can fail. How do they fail? One way is the people are willing to tolerate vice in their leaders.”

The speakers were then opened up to a few questions from the audience as dozens of people held up their hands.

The first question from an Auburn student addressed the idea of intellectual discourse and how to protect it from those who would seek to abuse it.

George answered by saying that valuable discourse provides reasons and makes arguments with evidence to support its claims, but acknowledged that there were those who didn’t follow this method of discourse while maintaining that it was still unwise to shut them down.

“We have to tolerate that abuse lest we undermine the conditions of free speech,” George said. “But that doesn’t mean that we have to give equal credit to … mere manipulation or name-calling or shouting.”

The last question addressed the concern as to what would happen if the American’s democratic experiment were to fail, to which George referenced Abraham Lincoln’s thoughts after the Civil War and concluded that despotism would be what we should expect should democracy fail.

“The best we could hope for there is benevolent despotism,” George said. “ I don’t want to let it fail, and we’re not being asked to sacrifice 750,000 lives, we’re just being asked to listen to each other, be decent to each other.”

When Big Money Buys Off Criticism Of Big Money

Since its founding in 1999, the New America Foundation – an important voice in policy debates on the American left – has received more than $21 million from Google, from its parent company’s executive chairman, Eric Schmidt, and from his family’s foundation.

According to the New York Times, one of New America’s initiatives called Open Markets has been critical of the market power of tech giants like Google. Recently, the researcher who heads that initiative posted a statement on the New America Foundation website praising the European Union’s penalty against Google.

Schmidt communicated his displeasure to the foundation’s president, who accused the researcher of “imperiling the institution as a whole” and shut down the Open Markets initiative.

The New America Foundation isn’t alone. Over the last 3 years:

  • A non-profit group devoted to voting rights decided it wouldn’t launch a campaign against big money in politics for fear of alienating the wealthy donors it courts;
  • A liberal-leaning Washington think-tank released a study on inequality that failed to mention the role big corporations and Wall Street have played in weakening the nation’s labor and antitrust laws, presumably because the think tank didn’t want to antagonize its corporate and Wall Street donors.
  • A major university has shaped research and courses around economic topics of interest to its biggest donors, notably avoiding any mention of the increasing power of large corporations and Wall Street on the economy.
  • Comcast has been financing the International Center for Law and Economics, which supported Comcast’s proposed merger with Time Warner.
  • The Charles Koch Foundation pledged $1.5 million to Florida State University’s economics department, stipulating that a Koch-appointed advisory committee select professors and undertake annual evaluations. The Koch brothers now fund 350 programs at over 250 colleges and universities across America. You can bet that funding doesn’t underwrite research on inequality and environmental justice.
  • David Koch’s $23 million of donations to public television guaranteed that a documentary critical of the Kochs didn’t air.

The list goes on.

This is not just a problem created by right-wingers like Koch. Wealthy progressives are exerting as much quiet influence over the agendas of think tanks and universities as wealthy conservatives.

Big money should not be influencing what should be investigated, revealed, and discussed – especially about big money, and the tightening nexus between concentrated wealth and political power.

Schmidt was wrong to interfere in the New America Foundation, and the Foundation was wrong to have stopped its research on the increasing market power of Google and high tech.

The Unimaginable Is Now Possible: 100% Renewable Energy

The knock on environmentalists is that they’ve been better at opposing than proposing. Sure, being against overheating the planet or melting the ice caps should probably speak for itself—but it doesn’t give us a means. So it’s important news that the environmental movement seems to be rallying round a new flag. That standard bears a number: 100 percent.

It’s the call for the rapid conversion of energy systems around the country to 100 percent renewable power—a call for running the United States (and the world) on sun, wind and water. What Medicare for All is to the healthcare debate, or Fight for $15 is to the battle against inequality, 100% Renewable is to the struggle for the planet’s future. It’s how progressives will think about energy going forward—and though it started in northern Europe and Northern California, it’s a call that’s gaining traction outside the obvious green enclaves. In the last few months, cities as diverse as Atlanta and Salt Lake have taken the pledge.

No more half-measures. Barack Obama drove environmentalists crazy with his “all-of-the-above” energy policy, which treated sun and wind as two items on a menu that included coal, gas and oil. That is not good enough. Many scientists tell us that within a decade, at current rates, we’ll likely have put enough carbon in the atmosphere to warm the Earth past the Paris climate targets. Renewables—even the most rapid transition—won’t stop climate change, but getting off fossil fuel now might (there are no longer any guarantees) keep us from the level of damage that would shake civilization.

In any event, we no longer need to go slow: In the last few years, engineers have brought the price of renewables so low that, according to many experts, it would make economic sense to switch over even if fossil fuels weren’t wrecking the Earth. That’s why the appeal of 100% Renewable goes beyond the Left. If you pay a power bill, it’s the common-sense path forward.

To understand why it took a while to get to this point, consider the solar panel. We’ve had this clever device since Bell Labs produced the first model in 1954. Those panels lost 94 percent of the solar energy in conversion and were incredibly expensive to produce, which meant that they didn’t find many uses on planet Earth. In space, however, they were essential. Buzz Aldrin deployed a solar panel on the moon not long after Apollo 11 touched down.

Improvements in efficiency and drops in price came slowly for the next few decades. (Ronald Reagan, you may recall, took down the solar panels Jimmy Carter had installed atop the White House.) But in 1998, with climate fears on the rise, a close election in Germany left the Social Democrats in need of an alliance with the Green Party. The resulting coalition government began moving the country toward renewable energy.

As German demand for solar panels and wind turbines grew, factories across China learned to make the panels ever more cheaply and the price of panels began to plummet, a freefall that continues to this day. Germany now has days where half its power is generated by the sun. In 2017, solar or wind power wins most competitive bids for electric supply: India just announced the closure of dozens of coal mines and the cancellation of plans for new coal-fired generating stations because the low cost of solar power was undercutting fossil fuel. Even in oil-rich Abu Dhabi, free power from the sun is impossible to resist, and massive arrays are going up amidst the oil fields.

One person who noticed the falling prices and improving technology early on was Mark Jacobson, director of Stanford University’s Atmosphere and Energy Program. In 2009, his team published a series of plans showing how the United States could generate all its energy from the sun, the wind and the falling water that produces hydropower. Two years later, Jacobson and a crew of co-conspirators—including actor Mark Ruffalo—launched the Solutions Project to move the idea out of academic journals and into the real world. The group has since published detailed plans for most of the planet’s countries. If you want to know how many acres of south-facing roof you can find in Alabama or how much wind blows across Zimbabwe, these are the folks to ask.

With each passing quarter, the 100 percent target is becoming less an aspirational goal and more the obvious solution. Hell, I spent the spring in some of the poorest parts of Africa where people—for the daily price of enough kerosene to fill a single lamp—were installing solar panels and powering up TVs, radios and LED bulbs. If you can do it in Germany and Ghana, you can do it in Grand Rapids and Gainesville.

Even 72 percent of Republicans want to “accelerate the development of clean energy.” That explains why, for example, the Sierra Club is finding dramatic success with its #ReadyFor100 campaign, which lobbies cities to commit to 100 percent renewable. Sure, the usual suspects, such as Berkeley, Calif., were quick to sign on. But by early summer the U.S. Conference of Mayors had endorsed the drive, and leaders were popping up in unexpected places. Columbia, S.C., Mayor Steve Benjamin put it this way: “It’s not merely an option now; it’s imperative.”

Environmental groups from the Climate Mobilization to Greenpeace to Food and Water Watch are backing the 100 percent target, differing mainly on how quickly we must achieve the transition, with answers ranging from one decade to around three. The right answer, given the state of the planet, is 25 years ago. The second best: as fast as is humanly possible. That means, at least in part, as fast as government can help make it happen. The market will make the transition naturally over time (free sunlight and wind is a hard proposition to beat), but time is the one thing we haven’t got, so subsidies, hard targets and money to help spread the revolution to the poorest parts of the world are all crucial.

That’s why it’s so significant that Sen. Bernie Sanders (I-Vt.) joined with Sen. Jeff Merkley (D-Ore.) in April to propose the first federal 100 percent bill. It won’t pass Congress this year—but as a standard to shape the Democratic Party agenda in 2018 and 2020, it’s critically important.

Congress, however, is not the only legislative body that matters in America. Earlier this year, for instance, the California State Senate passed—by a 2-1 margin—a bill that would take the world’s sixth-largest economy to 100 percent renewable by 2045. Last month, Gov. Jerry Brown, in a bid to recreate the spirit of the Paris climate talks, invited the world’s “sub-national” leaders—governors, mayors, regional administrators—to a San Francisco conference in September 2018.

“Look, it’s up to you and it’s up to me and tens of millions of other people to get it together,” Brown said, as he invited the world to his gathering.

That’s not to say that this fight is going to be easy.Fossil fuel corporations know they’re not the future, yet they’re determined to keep us stuck in the past. Energy Secretary Rick Perry, for example, recently ordered a “study” that, as Democratic senators have pointed out, is “a thinly disguised attempt to promote less economic electric generation technologies, such as coal” by trying to show that intermittent sources of power such as sun and wind make the grid unreliable.

That’s always been the trouble with renewables: The sun sets and the wind dies down. Indeed, one group of academics challenged Mark Jacobson’s calculations this spring partly on these grounds, arguing that unproven techniques of capturing and storing carbon from fossil fuel plants will likely be necessary, as well as continued reliance on nuclear power. Yet technology marches on. Elon Musk’s batteries work in Tesla cars, but scaled up they make it economically feasible for utilities to store the afternoon’s sun for the evening’s electric demand. In May, at an industry confab, one California utility executive put it this way: “The technology has been resolved. How fast do you want to get to 100 percent? That can be done today.”

Meanwhile, the Trump administration is threatening to impose massive tariffs on solar panels coming into the United States. This could dramatically drive up the price of new U.S. solar installations, and two-thirds of the new arrays expected to come online over the next five years might never be built.

Before that happens, however, the growth in new rooftop installations has already come to what the New York Times has called “a shuddering stop,” because of “a concerted and well-funded lobbying campaign by traditional utilities, which have been working in state capitols across the country to reverse incentives for homeowners.” Instead of cutting residents a break for helping solve the climate crisis, in state after state utility corporations—led by the American Legislative Exchange Council (ALEC) and the Edison Electric Institute (whose political advocacy efforts ratepayers actually underwrite)—are passing legislation that pre-empts “net-metering” laws, which let customers sell their excess power back to the grid. Energy consultant Nancy LaPlaca puts it this way: “Utilities have a great monopoly going and they want to keep it.”

It’s not just right-wing Republicans who oppose renewables. Democrats often support new fossil fuel schemes, in part because they are in thrall to the building trades unions for campaign support. Last fall, days after the mercenaries hired by the company behind the Dakota Access Pipeline sicced German shepherds on indigenous protesters, the AFL-CIO (which includes the powerful North America Building Trades Unions) issued a statement supporting the pipeline “as part of a comprehensive energy policy. … Pipeline construction and maintenance provides quality jobs.” Sure enough, Hillary Clinton refused to join Obama in trying to block the pipeline. And, of course, Donald Trump approved the project early in his presidency, shortly after a cheerful meeting with the heads of the building trades unions. The first oil flowed through the pipeline the same afternoon that Trump pulled America out of the Paris climate accord.

That means, of course, that renewables advocates need to emphasize the jobs that will be created as we move toward sun and wind. Already, more Americans are employed in the solar industry than in coal fields, and the conversion is only just beginning. Sanders and Merkley’s federal 100 percent bill, beyond its generous climate benefits, is expected to produce 4 million new jobs over the coming decades.

And since those jobs aren’t always going to be in the same places as the fossil fuel ones they replace, renewable advocates must also demand a just transition for displaced workers. Labor Network for Sustainability (LNS) is a pro-climate and pro-labor group advocating that such workers get a deal like the 1944 G.I. Bill: three years of full wages and benefits, four years of education and retraining, and job placement in community economic development programs. This, by the way, is also a strong reason for a robust social safety net—revolutions come with losers as well as winners.

Environmental justice advocates are also quick to point out that renters and low-income homeowners need to share the economic benefits of the renewables revolution. In Brooklyn, N.Y., and Fresno, Calif., groups like UPROSE and Green for All are working on local solar projects to provide residents with clean energy andgood jobs.

Jacqueline Patterson, who heads the NAACP’s environmental justice work, notes that low-income communities need to be cushioned from any cost increases as the market shifts over. “For those communities ‘just transition’ means their bills don’t fluctuate upwards.” In the best of worlds, she adds, “They’re not just a consumer writing a check every month, but they see now a chance to own part of that infrastructure.”

In June, the philanthropic Wallace Global Fund awarded the Standing Rock Sioux a $250,000 prize plus up to a $1 million investment to build renewable energy infrastructure on the reservation, a fitting commemoration to the bravery of water protectors who tried to hold the Dakota pipeline at bay. And a reminder that private foundations will need to play a role in this transition as well.

The political battle for renewables will be hard-fought. In January, the New York Times reported that the Koch brothers have begun to aggressively (and cynically) court minority communities, arguing that they “benefit the most from cheap and abundant fossil fuels.” Their goal is not only to win black voters to the GOP’s energy program, but to stall renewables in majority-black-and-brown cities like Richmond, Calif.

America’s twisted politics may slow the transition to renewables, but other countries are now pushing the pace. In June, for instance, China’s Qinghai Province—a territory the size of Texas—went a week relying on 100 percent renewable energy, a test of grid reliability designed to show that the country could continue its record-breaking pace of wind and solar installation.

China’s not alone. One Friday in April, Great Britain, for the first time since the launch of the Industrial Revolution, managed to meet its power demands without burning one lump of coal. Since 2014, solar production has grown six-fold in Chile, where Santiago’s Metro system recently became the first to run mostly on sun. Holland said this winter that its train system was now entirely powered by the wind, and, in a memorable publicity stunt, strapped its CEO to the blade of a spinning windmill to drive the point home.

These are all good signs—but, set against the rapid disintegration of polar ice caps and the record global temperatures each of the last three years, they still amount to too little. It’s going to take a deeper level of commitment—including turning the U.S. government from an obstacle to an advocate over the next election cycles. That’s doable precisely because the idea of renewable energy is so popular.

“There are a few reasons why 100% Renewable is working—why it’s such a powerful idea,” says Michael Brune, executive director of the Sierra Club. “People have agency, for one. People who are outraged, alarmed, depressed, filled with despair about climate change—they want to make a difference in ways they can see, so they’re turning to their backyards. Turning to their city, their state, their university. And, it’s exciting—it’s a way to address this not just through dread, but with something that sparks your imagination.”

Sometimes, Brune says, all environmentalists have to rally together to work on the same thing, such as Keystone XL or the Paris accord. “But in this case the politics is as distributed as the solution. It’s people working on thousands of examples of the one idea.” An idea whose time has come.