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Leaked, useless report suggests fracking is fine for New Yorkers

Leaked, useless report suggests fracking is fine for New Yorkers

The New York Times got its ink-stained hands on a report from the New York Health Department assessing the risks associated with fracking, the primary issue at play as the state considers whether or not to lift a ban on the practice. While the report suggests that fracking doesn’t pose risks, there are at least two gigantic caveats. From the Times:

The state’s Health Department found in an analysis it prepared early last year that the much-debated drilling technology known as hydrofracking could be conducted safely in New York, according to a copy obtained by The New York Times from an expert who did not believe it should be kept secret. …

The eight-page analysis is a summary of previous research by the state and others, and concludes that fracking can be done safely. It delves into the potential impact of fracking on water resources, on naturally occurring radiological material found in the ground, on air emissions and on “potential socioeconomic and quality-of-life impacts.” …

Emily DeSantis, a spokeswoman for the State Department of Environmental Conservation, said the analysis obtained by The Times was out of date. “The document you have is merely a summary, is nearly a year old, and there will be substantial changes to that version,” she said.

Can you spot the caveats? Yes, the report is an aggregation of existing research, not new reporting on any health effects. And, yes, it’s outdated.

Lazzarello

Last November, New York Gov. Andrew Cuomo pushed out a deadline for making a final decision so that the state could do more research on fracking’s health effects. The release of this report makes clear why that was a natural next step: With only a cobbled-together set of data on how the practice could affect New Yorkers, it would be hard for Cuomo to make a strong case for lifting a ban. An upstate political blog spoke with a Sierra Club representative following release of the report.

“The position that the impacts of fracking can be regulated to ‘below levels of significant health concern’ is pure fantasy and it is understandable why (Gov. Andrew Cuomo) did not press forward with these baseless conclusions last year,” said Roger Downs, conservation director of the Sierra Club Atlantic Chapter.

The Times didn’t include the report in its coverage, but the site Journalist’s Resource has a good overview of existing research and reporting on the topic. Among the reports included there is one from the Proceedings of the National Academy of Sciences which looks specifically at shale fracking in New York and Pennsylvania.

In aquifers overlying the Marcellus and Utica shale formations of northeastern Pennsylvania and upstate New York, we document systematic evidence for methane contamination of drinking water associated with shalegas extraction. In active gas-extraction areas (one or more gas wells within 1 km), average and maximum methane concentrations in drinking-water wells increased with proximity to the nearest gas well and were 19.2 and 64 mg CH4 L −1 (n ¼ 26), a potential explosion hazard; in contrast, dissolved methane samples in neighboring nonextraction sites (no gas wells within 1 km) within similar geologic formations and hydrogeologic regimes averaged only 1.1 mg L −1 (P < 0.05; n ¼ 34).

Emphasis added, to highlight the health risk. The area in New York considered in that research lies on the state’s southern border — the area most likely to see approval of the fracking process.

New York isn’t alone in its skepticism. Large cities across the country are beginning to ban the practice within city limits.

Some cities, even those in the heart of oil and gas country have moved to ban fracking within their limits. Tulsa, Oklahoma, (once the self-proclaimed oil capital of the world) has completely banned fracking within the city limits. Planning for the first ever natural gas well in the city of Dallas was blocked last week, and the town of Longmont, near Denver, is currently battling attempts to overturn its own fracking ban.

Meaning that even if Cuomo feels comfortable in lifting the state’s ban once a more thorough health assessment has been completed, the odds that we see fracking wells in Central Park remain pretty slim.

Philip Bump writes about the news for Gristmill. He also uses Twitter a whole lot.

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Leaked, useless report suggests fracking is fine for New Yorkers

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Avis buys Zipcar, delighting investors and unnerving customers

Avis buys Zipcar, delighting investors and unnerving customers

In 2011, Zipcar, the world’s largest car-sharing company, was valued at $1.2 billion, but it sold today to Avis for just shy of $500 million. If Zipcar’s shareholders approve the sale, it will likely become final in a few months.

“By combining with Zipcar, we will significantly increase our growth potential, both in the United States and internationally, and will position our company to better serve a greater variety of consumer and commercial transportation needs,” Avis Chair and CEO Ronald Nelson said in a statement.

Given the clear downward trend in American car owning and driving, it was only a matter of time until a big corporation got in the sharing game, and the easiest way to do that is always to eat one of the little guys and absorb its start-up life force. According to Nelson, the deal will mean more cars for Zipcar, especially on weekends when most of Avis’ fleet is sitting in parking lots. While Avis’ rivals Hertz and Enterprise started offering hourly rentals, Avis never did, so the acquisition presents a real expansion of services for the old-timey rental dealership.

It’s certainly got investors feeling good — Zipcar’s shares jumped more than 48 percent this morning on news of the deal.

But what about the people who actually use the car-sharing service? There are about 760,000 of them in the U.S. The Atlantic Cities considers other cases of corporations acquiring startups and wonders whether Avis will ruin Zipcar:

In some of these cases that means the end of a beloved service as we knew it. Other acquisitions have allowed the disruptor to flourish — under the thumb and bureaucracy of its new owner, but still. And sometimes even that part doesn’t go well, as we saw with HP’s acquisition of Autonomy, which not only wiped out HP’s profits but led to the unraveling of Autonomy, too. Even in that best case scenario, we have to consider all the possibilities that weren’t. What could the competition between the two companies have led to? We’ll never know. But we will have more than that sub-compact available for a weekend road trip.

So what if the sun does set on Zipcar? In recent years, car-on-demand services have become kind of standard — as mentioned above, Hertz and Enterprise are already offering hourly rentals. Most recently, Zipcar’s style of service has been eclipsed in excitement (if not yet in membership) by ride-on-demand services such as Sidecar and Lyft, which work more like taxis than car rentals, and by newer services like car2go, which don’t require reservations. And if Americans continue to lose interest not just in owning cars but in driving altogether, that would be good news for new ride-sharing services and the planet, but not so great for Avis and that $500 million.

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Wind-energy tax credit would get extension under ‘fiscal cliff’ deal

Wind-energy tax credit would get extension under ‘fiscal cliff’ deal

Tennessee Valley Infrastructure Group Inc.

It appears that a deal in the works to avert the so-called fiscal cliff would extend a critical tax credit for the wind-power industry for one year.

“The potential agreement that’s being talked about … would extend tax credits for clean-energy companies that are creating jobs and reducing our dependence on foreign oil,” President Obama said at a press conference today.

The production tax credit (PTC) for the wind industry expires today. With its status up in the air, wind companies across the country have been laying off workers and putting projects on hold. If the PTC isn’t renewed, 37,000 jobs could be lost, according to the American Wind Energy Association.

Clean-energy advocates had been hoping for a deal that would extend the tax credit for multiple years. After all, the fossil-fuel industry doesn’t have to come crawling back to Congress repeatedly to beg for renewal of its subsidies — the main dirty-energy perks are ongoing. But a one-year extension would be better than nothing. And the terms of the tax credit might be changed so that new wind projects don’t have to be finished in 2013 to qualify, but just have to be started, which would mean a bigger boost to the industry.

Of course, the whole fiscal-cliff deal is still totally up in the air. “Today, it appears that an agreement to prevent this New Year’s tax hike is within sight, but it’s not done,” Obama said at his press conference. So don’t raise a toast yet. You might want to pour a stiff drink instead.

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Peer-to-peer sharing went big in 2012 — and so did opposition

Peer-to-peer sharing went big in 2012 — and so did opposition

This year, ride-sharing services Lyft and Sidecar amassed millions in new funding. Uber, which lets passengers hail idle town cars with their smartphones, expanded to new cities from San Francisco to New York. And Airbnb, which makes it easy for people to rent out their homes or rooms for short periods, expects to be filling more rooms per night than Hilton by the end of the year.

And yet, in a number of cities across the country, these businesses are illegal. New things are scary. And new things that grow really fast are the scariest.

2012 saw increased acceptance and growth in sharing and peer-to-peer businesses, presenting new options for consumers and new problems for established businesses and government regulators. As these new businesses grew, so did their collective disruptive force.

As Tim Wu wrote at The New York Times, “Change isn’t always pretty, but a healthy city is one where old systems — even the hallowed taxi medallion — stand to be challenged by the winds of creative destruction.”

New tech makes these businesses possible, but their sustained success doesn’t hinge on advances in smartphone design or social networking. We’re choosing peer-to-peer because we want to do business differently. We actually kind of want to pretend like we’re not doing business at all.

Lyft and Sidecar enable individuals with their own cars to find and drive customers, keeping the majority of the fare with a small chunk going to the company.

LyftThe detachable pink mustache lets ride-seekers know this is a Lyft.

“The big difference between the Lyft experience and the cab experience is supposedly friendliness. That’s why they bill themselves as ‘your friend with a car,’” Lyft driver Kate Dollarhyde told me. “A lot of my customers tell me they prefer Lyft because they feel more safe than they do in cabs, and also because they feel they can talk to and make friends with drivers.”

In an increasingly inhospitable, unfriendly world, peer-to-peer business sells you on, well, your peers. Lyft, which launched in San Francisco this summer with plans to expand into Seattle and Los Angeles in 2013, is selling community. But it’s also selling savings. Dollarhyde says Lyft trains drivers to inform customers that the rides cost about $4 less than a cab.

Even with those lower fares, Lyft can be a real source of income for drivers: “I make more money driving for Lyft per hour than I have doing anything else,” said Dollarhyde.

Airbnb can also be a significant moneymaker for participants. ”Ultimately, we want to empower people and we have thousands of people around the world that are making an incredible, meaningful amount of revenue,” Airbnb cofounder and CEO Brian Chesky told CBS. “We’ve helped thousands of people stay in their homes.”

Peer-to-peer business also empowers service providers to not provide services to clients with bad reputations; the companies let participants rate customers as well as car drivers and homeowners. ”At the end of every ride, passengers rate drivers and drivers rate passengers,” Dollarhyde tells me. “Five stars is the baseline; everyone starts out at the top. You deduct stars for rude behavior, like barfing in someone’s car, being a jerk, or generally making a ride uncomfortable.” If a barfy customer ends up with a bad rating, they’ll be peer-pressured out of the system by drivers who just won’t choose to pick them up.

But with great power comes great responsibility. (Sorry, had to.) While Airbnb helped a lot of houseless folks in the wake of Hurricane Sandy, with many people using the service to offer their homes and rooms for free, Uber was slammed for price-gouging during a difficult time.

A number of U.S. cities have banned different peer-to-peer businesses or tried to regulate them out of existence. Officials claim they’re protecting consumers, but Wu says complaints about the companies often “have the odor of industry protectionism.”

“Banning Airbnb helps hotels more than homeowners; banning Uber helps taxi companies more than passengers,” Wu writes. Owners of established businesses often have ties to local politicians, unlike the random guy who wants to rent out his studio while he’s out of town.

Wu suggests more flexible approaches to regulation that hinge on openness and real-time data. “Regulators could simply require Uber to disclose the prices it charged and where its cars were going. If cities wanted to ban rate hikes during emergencies, they could watch to see that the law was obeyed,” he writes. “This kind of precise, data-driven regulation could protect consumers while also protecting their right to pay for a valuable service.”

It could, but governments would have to put their fears aside first. So far, it’s baby steps. Earlier this month, California regulators began an inquiry into how to regulate ride-sharing services.

“We’re cautiously optimistic that the investigation will result in rules that will support innovation and support the benefits that Sidecar represents, which are reductions in emissions and congestion and more affordable transportation options,” Sidecar cofounder Sunil Paul told the San Francisco Examiner.

California’s regulatory commission will deliver its findings in six months — by which time a whole new corner of the peer-to-peer industry will likely be delighting new consumers and frustrating established business owners.

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It’s high-speed rail vs. farmers in California

It’s high-speed rail vs. farmers in California

California High Speed Rail Authority

A planned high-speed rail line in California is looking forward to a bumpy 2013 (and 2014, and 2015 …). It may be attorneys rather than travelers who really win from the largest public works project in the state’s history, at least in the immediate future. The Fresno Bee reports that many farmers and other property owners along the intended route in the Central Valley have vowed to fight the project, potentially forcing the state to exercise eminent domain to seize needed properties.

Up and down the Valley, the rail authority anticipates spending tens of millions of dollars to buy the land it needs in Merced, Madera, Fresno, Kings, Tulare and Kern counties. The agency hopes to begin construction next year on a stretch of about 30 miles from northeast of Madera to the south end of Fresno — the first portion of what is ultimately planned as a 520-mile system linking San Francisco and Los Angeles.

But some vocal property owners, including farmers, are loathe to part with their property and have vowed to force the state to use its power of eminent domain — a potentially costly and time-consuming ordeal.

The line will eventually connect L.A. to San Francisco, but the first portion to be built will go through the through the Central Valley bread basket, pitting awesome California Cuties against awesome California regional transit. The total cost of the project is currently projected at $68 billion, but that likely doesn’t include enough money to settle cases with all property owners, especially farmers whose livelihoods are directly tied to their property.

Because trains traveling at 220 mph cannot make tight turns, some of the line will slice in an arc through farms rather than skim the squared-off edges of properties or hug existing freight railroad lines.

For farmland, “just compensation” may encompass much more than the per-acre value of the land. Other factors may include the production value of permanent crops on the acreage, the effect that the rail line would have on the remainder of the parcel, whether any structures or irrigation systems have to be moved, and access to acreage that sits on the other side of the tracks and whether those leftover pieces can be farmed economically.

California projects that this first, contentious portion of rail line will be complete by the end of 2017, though that date keeps being delayed.

Federal funding for the project, which is supposed to make up half of its budget, is also in question, as the U.S. Government Accountability Office warned in a recent report. But High-Speed Rail Authority Chair Dan Richard is still optimistic, telling The San Francisco Examiner, “This is truly a statewide rail modernization plan which includes improvements that will greatly enhance the efficiency and reliability of regional transit.”

Yeah, let’s hope the farmers see it that way.

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Your 2012 climate change scorecard

Your 2012 climate change scorecard

As our friends at 350.org like to remind us, climate change really comes down to math. Put x amount of greenhouse gas in the atmosphere, see y degrees of warming. Our goal — meaning, our goal as an evolved, aware species that would rather not be plagued by droughts and megastorms and constant flooding and armed conflict — is to reduce how much carbon dioxide we’re putting into the atmosphere each year instead of continually increasing the amount.

We’re not good at this. And time is running very low: We either need massive, quick action or it’s too late.

Given that this particular year is nearing its end, we decided to figure out how the math for 2012 stacked up. Did we, on balance, change our ways so that our net greenhouse gas emissions declined, or did we yet again increase how much we’re polluting? Are we running in the positive or the negative or what?

Well: Scorecard! Getcher scorecard!

mikepick

The minus column
Things that reduced climate change

Obama rejected the Keystone XL pipeline — for now.
President Obama’s move in January to postpone the contentious pipeline wasn’t the final word, and it may end up having been more important politically than environmentally. But the rejection has prompted tar-sands companies to reconsider producing tar-sands oil at all, which is good news for the climate, given how much more greenhouse gas such fuel produces. Obama could still OK the pipeline, but it doesn’t make much sense for him to.

Effect on climate pollution: -2
Methodology for this: I picked a number between -10 (leads to reduction in pollution; good) and 10 (increases it; bad). Want to fight about it?

Australia implemented a carbon tax.
It’s fairly modest, to be sure, and highly contentious, but still counts as one of the year’s strongest efforts to curtail climate change pollution. (If that provides any insight into how this scorecard is going to go.)

Effect on climate pollution: -4

The EPA announced its pollution standards for new power plants, including for greenhouse gases.
The rule, which goes fully into effect for power plants built after 2016, will curtail carbon dioxide emissions significantly — also providing an incentive for new power plants to move to cleaner fuel sources. (See below.) This was one of the biggest, most subtle victories in the climate fight in 2012 — and, just this week, a court halted industry attempts to block the EPA from regulating much-dirtier existing plants.

Effect on climate pollution: -3

The EPA also announced a new, higher fuel-efficiency standard for cars and trucks.
The 54.5 miles-per-gallon standard will be mandatory by 2025 — an improvement that could drop oil consumption by 12 billion barrels.

Effect on climate pollution: -5

California auctioned carbon allowances as the first step in its cap-and-trade program.
Even though the first auction itself didn’t go that well, that the largest state will begin regulating carbon pollution on Jan. 1, 2013, is important, and could — slowly — further reduce output of CO2 in the U.S.

Effect on climate pollution: -2

Speaking of:

The U.S.’s CO2 output declined.
Over the summer, the country hit a 20-year low in carbon dioxide emissions. We continue to lead the world in that decline. This is thanks in large part to the still-slow economy, which has meant that domestic power generation has stayed relatively flat. But the most important news on the power generation front, and one of the biggest contributors to the drop in CO2 emissions is …

Effect on climate pollution: -5

Natural gas use is spiking.
For the first time ever, use of natural gas for electricity production matched that of coal in the U.S. And since natural gas burns so much cleaner than coal, it’s meant much less pollution, particularly of greenhouse gases. Any number of power plants are switching from using coal as a fuel to using gas.

Effect on climate pollution: -4

Coal use in the U.S. is tanking, and everyone hates it.
Not everyone, I guess, but lots of people all over the world. Finland, for example, announced plans to go coal-free by 2025.

In America, a number of coal facilities and coal companies announced bankruptcies. Existing coal plants, ones not covered under the EPA rule mentioned above, became hard for owners to sell as it became clear that they would need massive upgrades to meet pollution standards. Energy companies indicated plans to move away from coal; two notoriously dirty plants near Chicago were scheduled for closure.

All of this could have a significant effect on domestic carbon pollution over the long term.

Effect on climate pollution: -5

Efforts to export coal overseas hit a snag.
The coal industry’s effort to build West Coast ports to ship coal to Asia met strong resistance, and one such plan was cancelled entirely. Preventing export terminals will mean that it’s harder to bring American coal to market — and, therefore, to consumption.

Effect on climate pollution: -1

China and the E.U. are working together on an emissions strategy.
China will develop an emissions trading scheme with the E.U.’s help, potentially then linking its carbon market to Europe’s. The bigger the market, the more efficient — and the more likely that we can curb carbon emissions more broadly.

Effect on climate pollution: -2

The U.S. invests in an effort to target small-scale emissions across the world.
The innovative program, announced in March, targets pollutants like black carbon and methane by providing improvements on existing tools already in broad use. Think: cleaner cookstoves.

Effect on climate pollution: -1

U.S. government agencies are working on climate solutions.
Secretary of State Hillary Clinton cited the program above and other State Department efforts in a speech earlier this year about how climate and energy are security issues — a speech that was something of a going-away address. It remains to be seen how her likely successor will stand deal with the issue.

Meanwhile, the U.S. military continued a push to use less oil. This is more of a strategic push than one focused on climate change, but who are we to complain?

Effect on climate pollution: -2

Renewable energy use continued to grow.
Studies suggesting that renewable energy could provide most of the world’s power in the not-too-distant future were bolstered by how quickly that market grew. On a macro level, global investment grew 25 percent in the second quarter of the year. Domestically, solar in particular continued to grow dramatically.

Effect on climate pollution: -2

American public opinion on climate issues began to shift back toward action.
Thanks in part to the myriad, immediate examples of a changing climate — Sandy and ice melt and drought and the hottest year ever — people increasingly suggested that maybe the government should do something about it. Which, of course, is a key first step to something actually happening.

Effect on climate pollution: 0 (You’ll see why shortly.)

madcitycat

Which brings us to …

The plus column
Things that increased climate change

The United Nations did nothing.
Fifty thousand people met in Rio; who-knows-how-many traveled to Qatar. And that all resulted in a vague promise to maybe do something in 2013. The U.N.’s ability to mandate change is certainly limited, but that it didn’t mandate any at an enormously critical time is not just incompetent, it’s immoral.

Oh, also? The big U.N. climate report due in 2013 was leaked early. But more importantly, it won’t address permafrost melt, one of the biggest negative feedbacks in the warming cycle. Meaning that if the U.N. ever actually does take action, it will be taking action on overly optimistic information.

Effect on climate pollution: 8

The presidential campaign was all about how great coal is.
As the U.S. decided who it wanted to lead the country for the next four years, the options with which it was presented failed to suggest that they’d lead on the critical issue of climate. Both Romney and Obama French-kissed the coal industry for an extended period of time, which was as ugly as that image makes it sound.

The media didn’t hold the candidates to account on the topic either, with one debate moderator even dismissing the issue as unimportant.

Effect on climate pollution: 2

The House of Representatives continues to be run by scientifically illiterate jerks.
Over the past two years, the House voted 223 times to help the fossil fuel industry and its other polluting friends while simultaneously either ignoring efforts to reduce carbon pollution or working hard to oppose environmental regulations. That won’t change in 2013; the incoming chair of the House Science Committee is an overt climate-change denier.

The Senate isn’t immune to criticism. It blocked U.S. participation in an E.U. plan to regulate airline emissions.

Effect on climate pollution: 4

Coal use may be dying in the U.S., but overseas, business is booming.
A recent report from the International Energy Administration suggested that by 2017, coal would pass oil as an energy source. By that year, the world will be producing another 3.4 billion tons of CO2 from coal alone over what we’re producing now. Why? Well, the World Resources Institute suggests that the world has 1,200 new coal plants in the pipeline.

A lot of that coal they’ll burn is coming from the U.S. Our mountaintop-removal and conventional mining, heavily subsidized by the government, is heading to China and Europe.

Effect on climate pollution: 7

The melting Arctic was a bad sign — and a huge creator of greenhouse gas.
In September, the Arctic saw the lowest amount of ice coverage in its history. (Compare this year’s ice with 1984.) That melt means less white stuff on top of the world. And less white stuff (like, literally, white things) means less heat from the sun is reflected back into space. The effect of that loss of ice and snow is potentially equivalent to 20 years of CO2 emissions.

The warmer temperatures also mean permafrost thaw — releasing trapped methane and allowing the decomposition of vegetation, which itself produces even more methane. Methane, you may remember, is 20 times more effective at trapping heat than is CO2.

Effect on climate pollution: 5

China continued to be the world’s largest source of CO2 pollution …
While the country’s per-person emissions are still lower than the U.S.’s, China generates more CO2 than any other country.

Effect on climate pollution: 3

… But the world is doing its best to keep up.
A report on 2010 emissions suggested that global CO2 output that year was 6.7 percent higher than in 2009. This is because of things like the new global enthusiasm for air conditioning, which will obviously only continue as temperatures keep rising.

Effect on climate pollution: 2

The United States is churning out record levels of oil and gas.
The fracking boom has resulted in massive production of oil, particularly in North Dakota. Production in September hit a 14-year high; there’s some evidence that, within the decade, the U.S. could be the world’s largest oil producer. The U.S. is producing so much oil that producers are reversing the direction of pipelines, to ship fuel to ports instead of from them.

Effect on climate pollution: 4

Obama gave the thumbs-up to a key stretch of the Keystone pipeline.
That stretch of pipeline being built in Texas that’s causing all the brouhaha? It was OK’d by President Obama. When it’s complete, tar-sands producers in Canada will have a pipeline running all the way to the Gulf Coast — albeit not one capable of shunting along as much dilbit as Keystone XL would. This means more oil consumption, more exports, more use of dirty, carbon-intensive fuel.

Effect on climate pollution: 2

The wind industry in the United States may come to a halt next year.
Congress’ failure to renew a key tax credit — and the wind industry’s baffling inability to get it renewed — may put a big dent in U.S. renewable energy use over the long term.

Effect on climate pollution: 1

Shell got approval to drill oil wells in the Arctic.
Happily, the company was too inept to actually get anything out. The Shell permit was just part of the administration’s “all of the above” approach, which includes doing anything that offshore drilling companies want.

Effect on climate pollution: 1

Americans are fickle and pessimistic.
Remember up above when we counted public opinion as a good sign for the climate? That doesn’t mean that we’ll get anything done.

Only one-third of Americans think tackling climate change is important. Their passion for making change on the issue is low, meaning that politicians rarely have to take notice. And fewer Americans feel like what they do on climate matters.

Effect on climate pollution: 2

The tally

So, let’s punch all of this totally objective data into our Climate Calculator™ … Done. Climate change won 2012, -37 to 41.

Um. Better luck next year.

Philip Bump writes about the news for Gristmill. He also uses Twitter a whole lot.

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72 percent of bids at California’s carbon auction came from one company’s mistake

72 percent of bids at California’s carbon auction came from one company’s mistake

abcFred

“I bid a bajillion dollars.”

Remember that time you went to an auction and you bid on 21 times as many items as you intended to? No, of course not. Who would do that?

Power company Edison International is who.

From Bloomberg:

Edison, owner of the state’s second-biggest power utility, submitted a proposal in the wrong format and offered to buy 21 times more allowances than it wanted on Nov. 14, documents obtained by Bloomberg show.

When the state Air Resources Board said last month that it had received three bids for every available permit, it failed to mention that Edison accounted for nearly 72 percent of the offers. Had the company submitted its proposals in the right format, about 225,000 permits would have gone unsold at auction, Bloomberg calculations based on data from the report show.

Ha ha. Oops! If Edison had bought 72 percent of the 28.7 million credits offered, which sold at the unexpectedly low price of $10.09, that would have been an investment of about $208 million.

It wasn’t though.

Most of Edison’s bids were eventually disqualified after exceeding auction limits, and the company ended up buying 4.05 million allowances, still 1.61 million permits more than it had intended to, according to an Edison report presented to company executives. Permits sold for $10.09 each, 9 cents above the state’s lowest allowable price, known as the “floor,” the air board said. …

On Dec. 6, California’s air board released a second set of results from its auction, saying there were just 1.06 bids for every permit offered in the Nov. 14 sale once it disqualified bids from a “very small number of auction participants” who exceeded purchasing, holding or bid guarantee limits. Permits still sold out at 9 cents above the floor, it said.

So Edison spent about $40 million — $16 million more than anticipated. Be on the lookout for a new line item on your bill next month, Edison customers.

And if you happen to know any executives at Edison International, you might kindly suggest that they stay away from eBay.

An Edison International executive, circa 1959.

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72 percent of bids at California’s carbon auction came from one company’s mistake

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House GOP wants to crack down on environmental regs because jobs

House GOP wants to crack down on environmental regs because jobs

Library of CongressCongress, circa 1912. Or maybe a GOP meeting of some sort. Can’t tell.

The House of Representatives is run by Republicans these days, because that’s what the American people want. We chose to maintain a majority of Republicans, meaning that Republicans get to do whatever they want. If the GOP House gets reelected, that’s a mandate. If the president does, it isn’t. That’s math. That’s politics.

And leaders of the House Natural Resources Committee know what needs to be done: We need to get rid of those flim-flammin’ environmental regulations so we can finally extract some gol-dang fossil fuels! From The Rassafrassin’ Hill:

The House Natural Resources committee will devote more attention to environmental reviews and their effects on advancing energy development in a new subcommittee next Congress. …

“Moving jurisdiction of [the National Environmental Policy Act] to a specific Subcommittee will allow us to better review and address how this law is being implemented and the impacts its bureaucratic red-tape has on jobs, our economy and access to public lands and resources,” Natural Resources Committee Chairman Doc Hastings (R-Wash.) said in a Thursday statement.

The House Natural Resources Committee, which deals with energy development on federal lands, has pushed the Obama administration to expand oil-and-gas drilling. All applications for such drilling projects must go through a NEPA assessment.

Yes. Go get ‘em, guys. (They are all guys.) Just look what that no-good, fossil-fuel-hating Obama has done to fossil fuel extraction:

Up, up, up! The United States recently hit a 14-year high in oil production; the natural gas boom has been nauseatingly documented.

But not up high enough, apparently. Why not? Maybe this graph, showing another set of data, might help explain.

That shows contributions from the oil and gas industry to members of Congress.

Up, up, up!

Philip Bump writes about the news for Gristmill. He also uses Twitter a whole lot.

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House GOP wants to crack down on environmental regs because jobs

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Meet Arnold Schwarzenegger, sorta green activist and Keystone XL fan

Meet Arnold Schwarzenegger, sorta green activist and Keystone XL fan

Arnold Schwarzenegger (hereafter, “Arnold”) has long championed environmental action. He recently announced that he planned to spend his post-political life fighting climate change. And yet, in an interview with Politico, he says he supports building Keystone XL.

Schwarzenegger isn’t likely to win over the environmental community with his position on the Keystone XL oil pipeline, which Obama is expected to decide on early next year.

“In general, I’m all for it,” Schwarzenegger said. “I think that I’d rather get the energy from Canada than get it from the Middle East.”

Hm.

Lon R. Fong

Let me tell you how Arnold became governor of the state of California. In 2003, California was one year into the second term of a fairly milquetoast Democratic governor, Gray Davis. He won reelection in 2002 because the Republican party successfully convinced Bill Simon, the least-likeable person in California, to run against him. (Well, Davis helped, by attacking the bejesus out of Simon’s primary opponents.) So California kind of shrugged and reelected the guy.

But in 2003, a few things happened. First, the state of California continued its attempts to go completely broke, a process begun by unwitting voters in 1978. This prompted Davis to reinstate a hefty fee for people registering their cars, which wasn’t popular. And later in the year, the state wasn’t able to provide enough electricity to meet demand, due to various reasons some of which rhyme with “Benron.” The pre-planned brownouts reinforced the perception that the state wasn’t working right. People were mad.

Enter car-alarm magnate and U.S. Rep. Darrell Issa (R-Calif.). Issa, who had scads of money because he invented that annoying combination of sounds (“anh anh anh anh bee ooo bee ooo bee ooo woooooop wooooop,” etc.), decided he might want to be governor. As part of the reforms implemented during the Progressive era a century ago, California had a process allowing for a state official to be recalled from office. (Those reforms also spawned the initiative process, which is why the state budget was broken in the first place.) So Issa started a campaign, in concert with some Southern California radio talk show hosts, to recall Gray Davis. It worked. The recall was on the ballot for October 2003.

For years, Arnold had toyed with running for office. (Surprising, given that his career was predicated on playing hyper-powerful men.) What prevented him from doing so was his not-exactly-wholesome past: steroid use off-camera, marijuana use on, reported and demonstrated inappropriateness with women. But Arnold was tailor-made for the recall election. The vote had two parts: First, whether Gray Davis should be removed from office, and second, who should replace him if he was. This favored someone with a high name recognition. And the short run-up to the election minimized the chances that Arnold would have to answer tough questions, and meant limited time for deep dives into his background. Remember how Donald Trump led the Republican 2012 field for a while? Imagine if the election had abruptly happened toward the peak of that popularity. That was the good luck that Arnold enjoyed. So Davis was recalled and Arnold won handily.

Here’s a little secret about being an elected official: It sucks. Every elected official who isn’t president is always negotiating a high wire between two frustrated constituencies. The job is about boring dinners and boring legislation and boring pandering. Opportunities for leadership are few. To be fair, Arnold had more pizzazz in the role than most, in part because of his fuck-it-who-cares attitude. Can’t smoke cigars in the Capitol building? Fine, Governor Arnold will put up a tent in a featureless interior courtyard and smoke in there. That sort of thing. He wasn’t a great governor, but he was memorable and interesting, and in a state like California, that was enough. In 2006, he went up for reelection against the Democrats’ most boring possible candidate, and beat him silly. (Figuratively.) Four years later, politician Arnold was done.

Because what Arnold always liked was running things, calling the shots, making the rules. He didn’t want to become a senator or a member of the House; there, he’d just be running with the pack. Arnold wants to point at shit and see it blow up, boom. This new iteration, Arnold as activist, fits that better than anything else. He has a ton of money, thanks to your enthusiasm for The Terminator, and all the time in the world. So he’s found a space where he can call the shots and still be the biggest guy in the room: environmentalism.

While governor, Arnold’s pro-green work was primarily of the let’s-make-California-number-one-in-green-research-and-investment school. It was the business side of environmentalism. There’s a market in renewables and in developing products, and that’s good for all comers. Arnold is, after all, a Republican, taking a market-based Republican approach to the problem of global warming.

And that’s why he doesn’t care about Keystone. Arnold wants America to win. To chomp a cigar in its teeth and piss on China in everything — energy production, cutting the hell out of our pollution, having the coolest solar tech, whatever. Fuck the world, we’re pumped up and kicking ass. He is not sitting down with Bill McKibben and working through the math, he’s going rock-climbing with CEOs and figuring out how to dominate. For Arnold, Keystone is just a thing outside this competition, except that it lets us tell the Middle East to go to Hell. Fine. Build that pipeline. Because we’re going to beat you at the game we want to play.

With Arnold, you don’t have an environmentalist, not really. You have a deeply competitive man who wants to win, and sees green industry as a place to make that happen. Sierra Club, NRDC: you will not want him to speak at your convention, probably, because he’ll say things to make you mad both intentionally and unintentionally. Arnold wants to lead, not to change the world.

At various points during his governorship, Arnold fantasized about running for president. In 2010, during an appearance on Leno (the same place he announced his plans to run for governor), Arnold suggested that he would “without a doubt” run for President. Unfortunately for the Austrian-born actor, the Constitution prevents those not born as naturalized citizens from holding that office. We can thank the Founding Fathers for preventing President Schwarzenegger. But we can also lament that this leaves us with Arnold Schwarzenegger, “green activist.”

Philip Bump writes about the news for Gristmill. He also uses Twitter a whole lot.

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Meet Arnold Schwarzenegger, sorta green activist and Keystone XL fan

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Something is leaking from the Deepwater Horizon site, but it’s not clear what

Something is leaking from the Deepwater Horizon site, but it’s not clear what

The Deepwater Horizon is the gift that keeps on giving. Usually, that gift is more oil. Right now, though, perhaps because of the holidays, it’s leaking something unknown. It’s a special present that will reveal itself on Christmas, maybe! That’s fun. Thanks, BP.

From CBS News:

An “unidentified substance inconsistent with oil” is emitting from several areas of BP’s Deepwater Horizon rig wreckage, but no sources of leaking oil were identified. That’s according to the Coast Guard, which oversaw BP’s recent week-long mission to inspect the undersea wells and wreckage from the 2010 explosion.

The exact content of the leaking substance and how much is coming out is one mystery. But if it’s not oil, then it means the source of recurring oil sheens that have recently been spotted around the Deepwater Horizon site remains unknown.

The expression “unidentified substance inconsistent with oil” leaves a lot of leeway for what it might be. Pepsi, maybe? Hair gel? Possibly footballs? Is it stardust? Exposed Kodak film from the 1960s? Maybe it’s donuts? Is it blood? I bet it’s blood. Creeeepy.

But, seriously? What could it actually be? This is ominous:

The Coast Guard said BP’s main Macondo well was observed during the subsea operation and found to be secure. Two relief wells, the riser pipe and the previously leaking containment dome were also to be re-examined, but the press release made no mention of them and the Coast Guard declined to answer further questions.

This is how horror movies start. A hasty press conference, a quick statement that something unknown, unprecedented is happening, a refusal to be more specific. The uniformed government agents step away from the mic and out of the room leaving behind confused and quizzical reporters.

In other words: We were right and it was blood. And the holiday BP is recognizing isn’t Christmas, it’s Halloween.

Source

Coast Guard: “Unidentified substance” leaking from BP’s Deepwater Horizon, CBS News

Philip Bump writes about the news for Gristmill. He also uses Twitter a whole lot.

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Something is leaking from the Deepwater Horizon site, but it’s not clear what

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