Tag Archives: industry

Climate Change Is Kicking the Insurance Industry’s Butt

Mother Jones

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In the months after Hurricane Sandy, insurance companies spooked by rising seas dropped coastal policies in droves.

That could become an increasingly common story, according to the largest-ever survey of how insurance companies are dealing with climate change, released today. Global warming is increasing the risk of damage to lives and property from natural disasters beyond what many insurers are willing to shoulder. And most insurance companies aren’t taking adequate steps to change that trend, the survey found. That’s a problem even if you don’t live by the coast: When private insurers back out, the government is left to pick up much of the damage costs; already, the federal flood insurance program is one of the nation’s largest fiscal liabilities.

Ceres, an environmental nonprofit, evaluated the climate risk management policies of 330 large insurance companies operating in the United States. The results are worrying. Only nine companies, 3 percent of the total, earned the highest ranking.

The insurers that scored highly on the survey (including several of the world’s biggest, such as Munich Re, Swiss Re, and Prudential) were those that have adopted a broad range of climate-conscious products and services, such as rate pricing plans that account for potential climate impacts like storms and fires. Some insurers are also investing in high-end climate modeling software to better understand where their risks really are. Others offer environmentally friendly plans like mileage-based car insurance and encourage their customers to rebuild damaged homes using green technologies. And some insurance companies are making significant efforts to monitor and reduce their own carbon footprint.

However, the report finds that one major way insurance companies are adjusting to climate change is by not insuring properties that are threatened by it, said Washington State Insurance Commissioner Mike Kreidler, a lead author of the report.

“As a regulator, it’s very bad to see markets being abandoned because of the threat that exists,” he said.

Certainly the threat is real. Globally, average annual weather-related losses have increased more than tenfold in the last several decades, from $10 billion per year in the period 1974-1983 to $131 billion in 2004-2013, according to the report. The insurance industry is not keeping pace: The proportion of those damages that are insured is steadily declining:

Tim McDonnell

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Climate Change Is Kicking the Insurance Industry’s Butt

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Our Letter to President Obama

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Our Letter to President Obama

Posted 22 August 2014 in

National

The Fuels America coalition is taking its case directly to President Obama today in a full page advertisement in the Martha’s Vineyard Gazette, a weekly newspaper broadly distributed across the island. In this open letter to the President, America’s leading biofuel producers are alerting the President how a proposal by his administration — if it is not fixed — will inadvertently cause investment in advanced biofuels like cellulosic ethanol to shift to China and Brazil, undermining his effort to tackle climate change.

As you enjoy some rest this week, we wanted to share some important news about advanced biofuels.

First, the good news: in no small part due to your efforts to transition America to a clean energy future, we are launching four large, commercial-scale cellulosic ethanol plants. Using groundbreaking technology developed by America’s most innovative companies, these four facilities will convert agricultural residue into the lowest-carbon motor fuel in the world.

Now, the bad news: the companies and investors looking to deploy the next wave of cellulosic ethanol facilities have put U.S. investment on hold because the EPA is proposing to dramatically change how the Renewable Fuel Standard works.

EPA’s proposal doesn’t just cut the amount of renewable fuel in the gasoline supply. It fundamentally changes how the annual targets are calculated. Instead of basing the targets on our industry’s ability to produce and deliver fuel, the proposal would allow the targets to be reduced if the oil industry refuses to make renewable fuels available to the consumer. Oil companies largely control retail fueling infrastructure through a complex maze of contracts with distributors that often restrict the sale of alternatives.

As designed, the Renewable Fuel Standard attracted U.S. investment because it changed this dynamic. If the program moving forward reflects rather than mitigates the oil industry’s unwillingness to market renewable fuel, the policy will cease to be effective and drive our industry overseas.

That’s why just increasing the biofuels volumes this year or next will not solve the problem. The solution must preserve the original structure of the program, incentivizing oil companies to provide fuel choice to the American consumer and support the retail infrastructure to sell more renewable fuel.

You have always been a strong champion of advanced biofuels and we know it is not your intent to undercut investment. It’s not too late to get the final rule right, so together we can make the United States the leader in producing the cleanest fuels in the world.

Fuels America News & Stories

Fuels
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Our Letter to President Obama

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Top 10 People That Benefit from a Weakened Renewable Fuel Standard

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Top 10 People That Benefit from a Weakened Renewable Fuel Standard

Posted 8 August 2014 in

National

For months, the EPA has debated the 2014 Renewable Fuel Standard (RFS), which sets the amount of affordable, cleaner-burning fuels used in America’s fuel supply. Now — thanks to pressure from oil companies and their allies — they’re on the verge of weakening the RFS. That would harm American farmers, workers, and small business owners whose jobs depend on this homegrown industry.

Like high gas prices? How about cleaning up oil spills? Are you a Koch brother? If not, you’re one of the millions of Americans who benefits from cleaner air, lower gas prices, and more fuel choices as a result of the RFS. Since 2005, the RFS has opened up the market to new fuel sources, supporting hundreds of thousands of jobs and reducing our dependence on foreign oil.

The stakes on this issue are high. That’s especially true for those who would benefit from weakening the Renewable Fuel Standard. And who are they? Well:

  1. Supertankers: Cutting production of U.S. renewables means more oil imports.
  2. Big Oil Execs: Ethanol is affordable. Less in your tank means more in big oil’s wallets.
  3. Asthma Inhaler Manufacturers: Biofuels improve air quality. Cutting the RFS equals dirtier fuel and dirtier air.
  4. The Air Conditioning Industry: Cutting renewable fuel = more CO2 = climate change. Time to upsize your AC unit.
  5. Persian Gulf Realtors: Less American fuel = pumping more dollars overseas.
  6. China and Brazil: Killing the RFS means advanced biofuel investments go overseas instead.
  7. The Dowager Countess (from Downton Abbey): Afraid of change? Killing the RFS kills investment in American innovation.
  8. Oil Spill Cleanup Crews: There were 6000 oil spills in 2012. That’s 16 a day.
  9. The Koch Brothers: Filling up on fossil fuels fills up their pockets.
  10. Gondoliers: Climate change = more sunken cities.

The only way we can counter the millions that Big Oil is spending is by setting the record straight. Weakening the RFS will hurt our environment — and hurt our wallets.

Fuels America News & Stories

Fuels
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Top 10 People That Benefit from a Weakened Renewable Fuel Standard

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Mexican Congress Approves New Rules for Oil Industry

The rules are intended to create economic growth through development by international oil companies in a sector long dominated by a state monopoly. Original source – Mexican Congress Approves New Rules for Oil Industry Related ArticlesGroup Earns Oil Income Despite Pledge on DrillingHow Many Hurricanes Will Hit Hawaii This Weekend?Deal Struck in Colorado Over Vote on Drilling

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Mexican Congress Approves New Rules for Oil Industry

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Frack Quietly, Please: Sage Grouse Is Nesting

The greater sage grouse might be declared an endangered species, restricting development of its habitat, leading the energy industry and the government to try to save the bird. Visit source –  Frack Quietly, Please: Sage Grouse Is Nesting ; ;Related ArticlesMonths After Washington Landslide, Hopeful Steps ForwardEnvironmentalists Denounce Repeal of Australia’s Carbon TaxWhite House Announces Climate Change Initiatives ;

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Frack Quietly, Please: Sage Grouse Is Nesting

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Lay Off the Almond Milk, You Ignorant Hipsters

Mother Jones

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Almonds are a precious foodstuff: a crunchy jolt of complete protein, healthful fats, vitamins/minerals, and deliciousness. Given their rather intense ecological footprint—see here—we should probably consider them a delicacy, a special treat. That’s why I think it’s deeply weird to pulverize away their crunch, drown them in water, and send them out to the world in a gazillion little cartons. What’s the point of almond milk, exactly?

Evidently, I’m out of step with the times on this one. “Plant-based milk” behemoth White Wave reports that its first-quarter sales of almond milk were up 50 percent from the same period in 2013. In an earnings call with investors in May, reported by FoodNavigator, CEO Greg Engles revealed that almond milk now makes up about two-thirds of the plant-based milk market in the United States, easily trumping soy milk (30 percent) and rice and coconut milks (most of the rest).

Dairy is still king, of course, comprising 90 percent of the “milk” market. But as our consumption of it dwindles—down from 0.9 cups per person per day in 1970 to about 0.6 in 2010, according to the US Department of Agriculture—plant-based alternatives are gaining ground. Bloomberg Businessweek reports that sales of alternative milks hit $1.4 billion in 2013 and are expected to hit $1.7 billion by 2016, with almond milk leading that growth.

Now, I get why people are switching away from dairy milk. Industrial-scale dairy production is a pretty nasty business, and large swaths of adults can’t digest lactose, a sugar found in fresh dairy milk. Meanwhile, milk has become knit into our dietary culture, particularly at breakfast, where we cling to a generations-old tradition of drenching cereal in milk. Almond milk and other substitutes offer a way to maintain this practice while rejecting dairy. (Almond milk has been crushing once-ubiquitous soy milk, perhaps partly because of hotly contested fears that it creates hormonal imbalances.)

All that aside, almond milk strikes me as an abuse of a great foodstuff. Plain almonds are a nutritional powerhouse. Let’s compare a standard serving (1 ounce, about a handful) to the 48-ounce bottle of Califa Farms almond milk that a house guest recently left behind in my fridge.

A single ounce (28 grams) of almonds—nutrition info here—contains 6 grams of protein (about an egg’s worth), along with 3 grams of fiber (a medium banana) and 12 grams of monounsaturated and polyunsaturated fats (half an avocado). According to its label, an eight-ounce serving of Califia almond milk offers just one gram each of protein and fiber, and five grams of fat. A bottle of Califia delivers six eight-ounce servings, meaning that a handful of almonds contains as much protein as the mighty jug of this hot-selling beverage.

What this tells you is that the almond-milk industry is selling you a jug of filtered water clouded by a handful of ground almonds. Which leads us to the question of price and profit. The almonds in the photo above are organic, and sold in bulk at my local HEB supermarket for $11.99 per pound; this one-ounce serving set me back about 66 cents. I could have bought nonorganic California almonds for $6.49 per pound, about 39 cents per ounce. That container of Califia, which contains roughly the same number of nonorganic almonds, retails for $3.99.

Click here for more comparisons. Mother Jones

The water-intensive nature of almond milk, of course, is no secret. By law, food manufacturers have to name ingredients in order of their prevalence in the product. For Califia and other almond milk brands, it starts like this: “filtered water, almonds.” Given that it takes 1.1 gallons of water to grow a single almond in California, where 80 percent of the world’s almonds are produced, drenching the finished product in yet more water seems insane.

Califia does make a couple of splashy nutritional claims: “50% more calcium than milk,” the bottle declares, and “50% RDI of Vitamin E.” Almonds are a great source of these vital nutrients, but not that great. Our ounce of whole almonds contains 74 mg of calcium vs. 290 mg for a cup of whole milk, and 7 mg of vitamin E, about 37 percent of the recommended daily intake.

How does Califia’s beverage manage to outdo straight almonds on calcium and vitamin E when it lags so far behind on protein and fat? Again, the answer lies in the ingredients list, which reveals the addition of a “vitamin/mineral blend.” All fine and well, but if you’re interested in added nutrients, why not just pop a vitamin pill?

Moreover, almond milk isn’t just a few nuts packaged with lots of water. It often contains additives. For example, in addition to vitamins, the Califia product, like many of its rivals, contains small amounts of carrageenan, a seaweed derivative commonly used as a stabilizer in beverages. Academic scientists in Chicago have raised concerns that it might cause gastrointestinal inflammation.

I’m not saying your almond milk habit is destroying the planet or ruining your health, or that you should immediately go cold turkey. I just want people to know what they’re paying for when they shell our for it. As for me, when I want something delicious to moisten my granola or add substance to a smoothie, I go for organic kefir, a fermented milk product that’s packed with protein, calcium, and beneficial microbes. Added bonus: according to the label, it’s lactose-free—apparently, the kefir microbes transform the lactose during the fermentation process.

The industry, meanwhile, aims to take its lucrative almond-milk model on the road. FoodNavigator reports that White Wave is setting up a joint venture to market its plant-based milks in almond-crazy China.

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Lay Off the Almond Milk, You Ignorant Hipsters

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Loan Sought for Tappan Zee Work Is Faulted

A plan by Gov. Andrew M. Cuomo and the agency building a new Tappan Zee Bridge to borrow a half-billion dollars provided under the federal Clean Water Act has come under fire from nine environmental and transportation groups. See original article here:  Loan Sought for Tappan Zee Work Is Faulted ; ;Related ArticlesJustices Uphold Emission Limits on Big IndustryVast Stretches of Minnesota Are Flooded as Swollen Rivers OverflowIs Nuclear Power Ever Coming Back? ;

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Loan Sought for Tappan Zee Work Is Faulted

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Strong Renewable Fuel Standard Means Strong Advanced Biofuels Industry

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Strong Renewable Fuel Standard Means Strong Advanced Biofuels Industry

Posted 29 May 2014 in

National

The Fuels America coalition sponsored Politico’s Morning Energy for the second week in a row this week, underscoring that gutting the Renewable Fuel Standard (RFS) would pose an enormous threat to America’s emerging cellulosic ethanol and advanced biofuel industry.

“Caving to oil industry pressure and reducing the market for renewable fuels would undercut the industry’s ability to make investments in advanced biofuels,” Fuels America’s text pointed out. “Especially if the administration’s rationale for the reduction is the fact that the oil industry is refusing to provide the infrastructure to sell renewable fuels in spite of a law requiring them to do so.”

Fuels America’s Morning Energy sponsorship follows a May 15 letter from DuPont, Abengoa, Novozymes, Poet DSM and 30 other advanced biofuel leaders to President Obama explaining that they had invested “billions of dollars in the development and commercial deployment of ultra-low carbon biofuels … based on the expectation that when [they] succeed, the RFS will be maintained as a mechanism to open the market for our fuels.” They went on to warn that the “current proposal would break that promise by allowing incumbent fuel producers, who want to see the program fail, to limit the distribution of renewable fuels and thereby define future RFS blending obligations.” Fuel’s America’s text concluded with a link to that letter.

The sponsorship by the Fuels America coalition comes as a final 2014 RFS rule draws closer and just on the heels of significant announcements from President Obama regarding the regulation of greenhouse gas emissions. The Administration’s proposal to weaken the bipartisan RFS, however, would represent an increase in carbon emissions worse than cancelling every wind farm now under development in the United States. And as Fuels America explains in this week’s Morning Energy, a weakened RFS will seriously undercut investments in America’s low carbon advanced biofuels, which represent reductions in lifecycle CO2 emissions of 88-108%.

Fuels America News & Stories

Fuels
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Strong Renewable Fuel Standard Means Strong Advanced Biofuels Industry

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Fast-Food Strikes Go Global

Mother Jones

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On Thursday, the fast-food strikes that have been spreading around the country are going global.

Workers at restaurants like Burger King, McDonald’s, Wendy’s, and KFC are walking off their jobs in 230 cities around the world to demand a minimum wage of $15 an hour and the right to form a union without retaliation. Strikers will protest in 150 US cities, from New York to Los Angeles, and in 80 foreign cities, from Casablanca to Seoul to Brussels to Buenos Aires.

In Zurich, some protesters are wearing “sad hamburger costumes.” In the Philippines, protestors staged a flash-mob at a Manila McDonald’s during morning rush hour.

The wave of strikes—which began in November 2012, when hundreds of workers walked out of restaurants in New York City—has grown quickly over the past year and a half. The idea behind this coordinated international protest was not just to further raise the profile of the fast-food workers’ movement. With labor unions declining in clout at home, organizers hope that the powerful international unions can help pressure US-based companies into making changes. Last week, the International Union of Food, Agricultural, Hotel, Restaurant, Catering, Tobacco and Allied Workers’ Associations—a labor federation composed of 396 trade unions that represent 12 million workers in 126 countries—held a summit in New York City where fast-food workers and union leaders finalized plans for the global strike.

The massive fast-food protests come a few weeks after a recent report on the industry by the left-leaning think tank Demos found that fast-food CEOs are paid a thousand times more than the average franchise worker, who makes about $8.69 an hour. Fast-food wages have dropped by 36 cents an hour since 2010. More than half of the families of fast-food workers rely on public programs like food stamps and Medicaid. (Check out our calculator to see if you could live on a fast-food wage.)

Though the industry has not yet raised wages by any significant amount, the strikes are having an effect. In a March filing with the Securities and Exchange Commission, McDonald’s said worker protests might force the company to raise wages this year. And as Salon‘s Josh Eidelson reported earlier this month, the National Restaurant Association, the industry trade group, is growing increasingly worried about the fast-food protests, closely monitoring social media for plans of future actions.

And while Congress is unlikely to raise the federal minimum wage any time soon to the $10.10 an hour wage President Obama proposed in his 2013 State of the Union speech, states are taking up the fight. Over the past year, seven states and the District of Columbia have raised their minimum wages, and 34 states are considering bumping up pay for their lowest-paid workers. In late April, the mayor of Seattle proposed a $15 minimum wage.

Scott DeFife, an executive vice president for the National Restaurant Association, dismisses the movement’s potential. As he told the New York Times on Wednesday, “These are made-for-TV media moments—that’s pretty much it.”

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Fast-Food Strikes Go Global

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A whole lot of oil spilled in the U.S. in 2013

Oil in a day’s work

A whole lot of oil spilled in the U.S. in 2013

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Tip your 10-gallon hat to the gas and oil guys. The booming industry spilled 26 million gallons of oil, fracking fluid, fracking wastewater, and other toxic substances during 7,662 accidents in just 15 states last year.

That’s according to an analysis by EnergyWire, which studied state data to conclude that the number of spills was up 18 percent from the year before:

Many of the spills were small. But their combined volume totaled more than 26 million gallons … That’s the same volume as what gushed four years ago from BP PLC’s ruptured Gulf of Mexico oil well in 11 days.

Some of the increase may have come from changes in spill reporting practices in a handful of states, but the number of spills and other mishaps rose even without counting those states.

Some of the biggest jumps were in the booming Bakken Shale. North Dakota, which is already contending with flaring and urban woes in its once sparsely populated western end, saw spills jump 42 percent even though the average number of rigs working in the state dropped 8 percent.

Across the state line in Montana, spills were up 48 percent, tracking with the 42 percent increase in rig count figures maintained by Baker Hughes Inc., a common measure of industry activity.

It’s called economic development, right?


Source
Spills up 18 percent in U.S. in 2013, EnergyWire

John Upton is a science fan and green news boffin who tweets, posts articles to Facebook, and blogs about ecology. He welcomes reader questions, tips, and incoherent rants: johnupton@gmail.com.

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A whole lot of oil spilled in the U.S. in 2013

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