Trump Policies to the Coal Industry – Part 1

(1) Decline in Coal Production

EPA Administrator Scott Pruitt used to brag about how much the US was reducing carbon emissions, even while he was denying climate change was a problem and the Paris Climate Change Accords were against the best interests of our country.    One reason for our lower emissions  is the less of our electricity on a percentage basis  comes from dirtiest  fossil fuels- coal.   As shown in the above chart,  US coal shipments from mines were 661 million short tons (mST).   This is the lowest coal shipments since 1983 – wow 35 years!

The above graph shows only coal shipped within the US.  EIA also posted higher total production statistics which includes exports.  For 2017, the preliminary estimate of total production is 774 mST,  a slight improvement over 2016 production of 728 mST.   This slight uptick is probably not going to last as preliminary first quarter production (Jan-Mar 2018) declined by 5.2% over the prior quarter.  The trendline is either flat or down.  See link below for these statistics.

Donald Trump supposedly “digs coal.”  But the electric utilities don’t because it is more expensive.  They have been switching to natural gas during the last 20 years which includes the Bush and Obama administrations.  Particularly hard hit were coal mines on the east cost.     Note: this report was produced by the Energy Information Agency, a part of the Department of Energy, headed by former Texas governor Rick Perry.

There was a short video on one of the cable stations, touting the success of Trump’s policies, as evidence by how many coal filled barges were going down the Mississippi river.   Given  how little coal is transported by river barges, one can see this was pure nonsense.   Just partisan politics dressed up as a news story.

Coal is used primarily to generate electricity.  About 30% of our electricity  comes from coal in 2016.  It was 52% of our electricity  in 1997.   As shown in the graph below,  in the last 66 years, the percentage of electricity generated by coal  has never been this low.

Natural gas began its rise around 1989 with 10% share and never looked back.   Nonhydro renewables, primarily solar and wind have increased since 2005.   Going from 2% to 8% with alternatives  is a 4 fold increase. According to the EIA, wind turbines account for 6% of US electricity generation, leaving only 2% for solar.   I believe the graph below does not include electricity from residential solar panels.

The graph seems to show declining use of hydroelectric power, but this is really the effect of the increase in electrical demand being satisfied by other fuels, as shown below.  If the period from 1975 to 2015 is examined, it shows that hydroelectric supplies between 250 to 350 bKW, with a flat trendline.  For renewable fuels, solar and wind turbines are the big growth areas now and in the future.  Non-renewables account for 84% of the US electricity.  The general trend of increasing renewables can be seen in many countries.  For instance, Germany fossil fuels and nuclear for electricity account for  70%, with coal percentage in decline and natural gas percentage on the increase.

(2) Stream Protection Rule

One of the first actions of newly elected Donald Trump, with the help of Congress was to repeal the Stream Protection Rule, which was a detailed clarification of prior rules for the dumping of debris from new mines into streams.  Hundreds of miles of streams and rivers are lost.    Environmentalists at the time did not think the rule went far enough.   Coal mining in four states (Kentucky, Tennessee, Virginia and West Virginia) dynamite the top of the mountain (called mountain top removal, or MTR), and the “spoils” or tailings are dumped into river valleys.   The destruction of the environment is pretty terrible, and includes land, water and air pollution.

As correctly pointed out in the VOX article:

Coal mining is a messy business. In parts of West Virginia, Kentucky, and Virginia, mining companies often get at underground coal seams by blowing up the tops of mountains — a process known as mountaintop removal mining. Once that’s done, they’ll dump the debris into the valleys below, which can contaminate streams and waterways with toxic heavy metals.  Appalachian Voices, an environmental group, estimates that coal companies have buried over 2,000 miles of streams in the region through mountaintop removal mining since the 1990s. And there’s growing evidence that when mining debris and waste gets into water supplies, the toxic metals can have dire health impacts for the people and mostly rural communities living nearby.

And  VOX nailed it when they wrote in Feb 2017:

Scrapping the stream protection rule might help boost the bottom lines of some mining companies at the margins, but it’s unlikely to reverse the long inexorable downward trend of mining jobs in Appalachia.

The quarterly statistics show large declines in 2017Q4 to 2018Q1 in anthracite coal in Pennsylvania (-43%),  and coal production declines in   Tennessee (-63%),  Virginia (-9.4%) and Kentucky (-13%),  really undercutting Trump’s claim that the production declines was a result of “Obama’s war on coal.”

(3) Robert Murray,  Murray Coal, the Clean Power Plan and Andrew Wheeler (Scary Stuff)

Robert Murray is the CEO of Murray Coal.   He seems to have the inside track to President Trump on setting energy policies.  His policies seem radical, and only in the best interest of large chemical and mining corporations.   He sent VP Pence an action plan, which included cutting the EPA workforce in half.  This would be around 7,000 employees, back to the number of employees when the agency was first created in 1973.   An extremely important function of the EPA is approval of pesticides used in agriculture.  It would be very scary proposition to revert to pre-Rachel Carson era, when chemical companies could self certify the safety of pesticides.  See link, “How a Coal Baron’s Wish List became President Trump’s To-Do list.”

Robert Murray’s political philosophy seems anchored on the conviction that global warming is non-existent, and the only reason for the decline in coal production is unnecessary government regulation at all levels.  At the very top of the Murray action plan, is the Clean Power Rule,  one of the achievements of the Obama administration, which Murray has claimed is illegal.   The basis for this contention was that the rule was not approved by Congress, and President Obama was overstepping his authority.   In 2016, the Supreme Court halted enforcement of the regulation, pending resolution in the courts.

The EPA under President Obama conducted numerous studies, showing that the primary benefactors of the Plan, were low income or coal miners, who lived close to coal fueled power plants.  Opponents of the Plan claimed that this would raise unemployment in coal mining states and cause power plants to shut down.  There are difference of opinions on the economic impact of the plan.

President Trump is strongly opposed to the Clean Power Plan.  The proposed 2018 budget does not include any funds for enforcement of the Clean Power Plan.   It can not easily be repealed without avoid  court challenges by supporters.    At present,  the acting administrator of the EPA is Andrew Wheeler, who is a former lobbyist for the coal industry.  On June 20, 2018, it was revealed that prior to Wheeler’s appointment at EPA, he worked with Robert Murray and other coal companies, seeking repealing of Obama administration policies.

The documents also show the role played by now-EPA Deputy Administrator Andrew Wheeler, who then worked as Murray’s lobbyist, in setting up the meeting, where the coal boss presented Perry with a four-page action plan for repealing environmental regulations viewed as burdensome for the coal industry. During his confirmation hearing for the EPA post, Wheeler told senators that he had briefly seen the document and acknowledged taking part in the meeting.

So, Trump has turned over running the EPA to the lobbyist for a coal baron, Robert Murray.  Murray went one step further with his crusade, and wrote 6 executive orders, for Trump to sign.  Pretty audacious!   The political views of Senator Jim Imhofe (R-OK),  Scott Pruitt (former EPA Administrator, former AG of Oklahoma) and Andrew Wheeler are all pretty similar.  In fact, Wheeler was Imhofe’s legislation aide. See link at bottom “Who is Andrew Wheeler (and why you should be afraid of him).”

To be continued in Part 2.

Stay tuned,

Dave

 Links:

EIA:  2017 Coal Shipments

The link below is pretty long, and not easy to find on the new EPA site (thanks Scott Pruitt):

EIA  First Quarter 2018  and full year 2017 Production

EPA 2003:  Environmental Impact Statement, Mountain Top Removal (during Bush administration)

The article really nailed it, as stating that killing the stream production act was unlikely to reverse the decline in the coal industry.  But Trump owed a favor to Robert Murray.

VOX: Why Trump just killed a rule restricting coal companies from dumping waste in streams

How a Coal Baron’s Wish List Became President Trump’s To-Do List

A Coal Executive’s “Action Plan” For Trump Is Made Public

Bob Murray drafted 6 executive orders for Trump’s signature

Who is Andrew Wheeler?

Newsandviews.net post Coal industry subsidies based on a pretext

The Antidote to Trump

Scott Pruitt, administrator of the EPA,  is systematically weakening the EPA.  We have pulled out of the Paris Climate Change Accords, the Clean Water Rule has been suspended,  and the Clean Power Act is being repealed.   Large areas are being opened to mining and oil exploration with minimal review of potential environmental damage. The EPA budget will be reduced by 31% and 25% of the staff will be fired.

It is a tactic to please the right wing, conservative base of Trump’s administration.  The  harm is increased global warming with more extreme weather conditions, causing loss of lives and destruction of homes.   Global warming does not cause hurricanes, but it can make them more frequent and more intense as a result of warming seas.  Long term effects will be decline in the more fragile ecosystems, in  Florida and the Chesapeake Bay, with profound effects.

While Scott Pruitt is doing everything he can to make the EPA less effective,  Mike Mulvaney is going to extreme measures at the Consumer Finance Protection Bureau, to make the agency ineffective in defending the consumer – just the opposite of what it was set up to do.   I reported that after Equifax security was breached and information on 146 million Americans was stolen,  Mulvaney is not issuing subpoenas for information.  I’ve reported on the atrocious action in allowing Insurance Bi-Weekly to get back in business (not requesting bond equal to their judgement while it was being appealed).

There is a long list of what Trump is doing wrong.  I happen to like Secretary of State, Rex Tillerson, but Trump is always undercutting him, and cutting back on the “soft power” of the US,  by diminishing our role in the UN and not filling diplomatic posts.   I think Jeff Sessions is honest and forthright, not allowing the Mueller investigation to become political.    Trump has criticized Sessions for recusing himself from the Mueller investigation, calling him weak.

At this point, the antidote to this, is to elect Democrats to the Senate and House of Representatives in the Fall to help  repair the damage.  There are very few Republicans with a strong environmental record.  We need responsible government and a president that truly believes in a progressive agenda.   I don’t know who I’ll vote for in the next presidential election, but it won’t be for Trump.  The BS coming from Fox News and other conservative outlets is strong, but people can see their way past this stuff.

The best antidote for what is going on in Washington, is an active and informed electorate.  It’s called critical thinking and taking action primarily at the ballot box.

Stay tuned,

Dave

Climate Change Report Released!

It sure looked like the EPA administrator Scott Pruitt was doing everything in his power to attack the independence of environmental scientists within his Department, when he refuse to allow 3 scientists to make presentations at the Narragansett Bay Estuary Program in Rhode Island.

Then came a breath of fresh air.  In November 3,  the first part of the National Assessment on  Climate Change Effects, was published.   See links at the end of this blog for the report.    They don’t call it Global Warming anymore,  but that still a big part of the overall problems associated with the 5 billion metric tons of carbon emissions the US sends into the atmosphere.   With 5% of the world’s population, we are responsible for nearly 30% of all carbon emissions.  The weather patterns are changing around the planet causing more severe storms and droughts.  The poorer African nations will suffer the most, as there are more famines.

Why didn’t Scott Pruitt block this one?   It was because it did not come directly from the EPA,  but rather a multi-agency scientific group as described in their report below.  Second, the National Assessment had to be done, as a matter of law, and the report provided to Congress and the President.   Trump couldn’t really block it, without creating more publicity for the report.

The U.S. Global Change Research Program (USGCRP) was established by Presidential initiative in 1989 and mandated by Congress in the Global Change Research Act (GCRA) of 1990. Its mandate is to develop and coordinate “a comprehensive and integrated United States research program which will assist the Nation and the world to understand, assess, predict, and respond to human-induced and natural processes of global change.”

USGCRP comprises 13 Federal agencies that conduct or use research on global change and its impacts on society. It functions under the direction of the Subcommittee on Global Change Research of the National Science and Technology Council’s Committee on Environment, Natural Resources, and Sustainability.

USGCRP has three major sets of responsibilities: (a) coordinating global change research across the Federal government, (b) developing and distributing mandated products, and (c) helping to inform decisions.

One of the products mandated by the GCRA is a quadrennial assessment that USGCRP is to prepare and submit to the President and the Congress. This assessment, referred to as the National Climate Assessment (NCA), is directed by the GCRA to:

-Integrate, evaluate, and interpret the findings of the Program and discuss the scientific uncertainties associated with such findings

– Analyze the effects of global change on the natural environment, agriculture, energy production and use, land and water resources, transportation, human health and welfare, human social systems, and biological diversity

– Analyze current trends in global change, both human-induced and natural, and project major trends for the subsequent 25 to 100 years

Environmental scientists from the EPA participated in the study.  The report is limited to the effects of climate change within the US.  The United Nations studies climate change on a worldwide basis.

This lead agency in preparation of this report is the National Oceanic and Atmospheric Agency (NOAA),  operating under the Department of Commerce.  Hopefully,  it stays there as if it is moved to the DOE or EPA,   it would be immediately filled with political appointees.  Particularly bad if the EPA someday  takes over NOAA.

The last assessment was done in 2014.  The opening lines from this report were very powerful:

Climate change is happening now. The United States and the world are warming, global sea level is rising, and some types of extreme weather events are becoming more frequent and more severe. These changes have already resulted in a wide range of impacts across every region of the country and many sectors of the economy.

The new assessment is similar to the 2014 report in reporting the consequences of climate change.  It wasn’t blocked by the Trump administration because really they couldn’t block a report that was the result of 13 governmental agencies.   This is where our country excels, in collaborative efforts of experts in the complex area of climate change.  The warming of our seas is a likely contributing factor in causing more intense hurricanes, on the 4 to 5 level scale.  A little bit of information that Scott Pruitt felt was inappropriate to discuss two months ago.  Maybe now is the time.

Links:

Climate Science Special Report – Nov 2017

A Climate Science Report That Changes Minds? Don’t Bet on It 

Washington Post- No alternative explanation

Stay tuned,

Dave

 

 

 

 

EPA Worst Adminstrator Ever: Scott Pruitt

The EPA has existed for 47 years.   It was created by Richard Nixon in 1970, by Executive Order.    Richard Nixon also signed into law, the Clean Air (1970) and Clean Water Acts (as amended 1972).   The first line of the  Clean Water Act states:

The objective of this Act is to restore and maintain the chemical, physical, and biological integrity of the Nation’s waters.

This first sentence is powerful, as the act directs the federal government in conjunction with state agencies to RESTORE  the quality of the  nation’s waters.   Thus, there was an acknowledgement of a problem.   Thus, the creation of the agency was direct the government to take a leadership role in the restoration of  our water and air resources.  Nixon being from California,  likely understood this, as the Colorado watershed encompasses 7 states in the US and 2 states in Mexico.   California is downstream to all pollutants discharged into the Colorado River in the US.

Scott Pruitt may like to see environmental policy run from the state and local level,  mainly for political reasons, but it is the geographical reality which makes so many of our environmental problems, a national problem, requiring federal action.   The pollutants  from the coal burning plants goes to the upper atmosphere,  where there are no signs saying “You are entering Massachusetts” or even, “You are entering Canada.”

Scott Pruitt is an attorney of law.   He has done nothing to restore or improve air or water quality in his home state of Oklahoma, as Attorney General.   Instead, he accepted contributions from Tyson foods, who were being sued for polluting the Illinois River that flows through Oklahoma.

Oklahoma AG and EPA Pick Pruitt Stalled Pollution Lawsuit After Contributions From Poultry Industry

His track record as AG was to attack EPA actions, initiating 13 lawsuits against the EPA.

Now as administrator of the EPA, his actions run counter the core mission of the EPA, to preserve the water, land and air natural resources of the US for future generations to enjoy.   His perspective is one of an advocate for individuals to pollute as much as they want, so long as they don’t endanger the health and safety of general population.   Individual liberties may sound good, but in result can be extremely harmful.

I have posted numerous blogs on the actions of the EPA under the Trump administration, including the most recent one on banning EPA scientists from making presentations at a scientific meeting on the Narraganset Bay estuary.   I was please to see Steven Colbert, the late night show host,   really tearing into Scott Pruitt’s policies, noting that until he pulled the 3 scientists from the meeting, it is likely few people knew about this estuary, or even what an estuary was.

Scott Pruitt latest attack on the agency he runs is to remove as many of the independent and dedicated environmental scientists in the advisory groups in the EPA and replace them with people of his own choosing.   This tactic in this case is to bar anyone who is receiving funding from the EPA from participating in the advisory groups.

Citing The Bible, The EPA Just ChangedAdvisers Its Rules For Science 

In support of his drastic actions,  Scott Pruitt relies on the pretext that scientists receiving funds from the EPA might have a conflict of interest.  However, this was quickly countered by numerous organizations,  noting there was already strict disclosure rules in place, the prevent conflict of interest.    Dr. Tiech from George Washington University stated the following:

” Disqualifying the very people who know the most about a subject from serving as advisors makes no sense.”

More succinctly, he wrote, “Frankly,  this directive is nuts.”   Others voiced similar opinions, as follows:

The change calls into question EPA’s ability to protect the country, according to Rush Holt, chief executive officer of the American Association for the Advancement of Science. “We question whether the EPA can continue to pursue its core mission to protect human health and the environment,” Holt said in a statement issued Tuesday.

Scott Pruitt battled the EPA through lawsuits as Attorney General of Oklahoma.  Now,  he must battle the organization he heads.

Stay tuned,

Dave

PS.  I’ve posted numerous blogs on the EPA and the Trump administration’s indifference to environmental issues.   See the various categories such as Environment, Global Warming. Coal, or Chloropyrisfos.  Also you can search under EPA  or Scott Pruitt.

Ignorance is bliss

“So long as I know it not, it hurteth mee not.”

I like the original proverb, by G. Pettie in 1576 than today’s  version, “What I don’t know can’t hurt me.”   Unfortunately, what we don’t know, does hurt us.   From our ignorance we just don’t know the best way to respond to problems.

The Environmental Protection Agency cancelled the participation of three of their scientists in the Narragansett  Bay Estuary Program’s workshop.  One scientist was prohibited from giving a keynote address at the workshop.  The other two scientists removed from the program were to speak about “The Present and Future Biological Implications of Climate Change.”

See Links:

The EPA Stopped Three Agency Scientists From Talking About Climate Change at a Conference

Even Fox Business News reported the story:

EPA cancels appearance by scientists at climate change conference

An  estuary is   where fresh outflows come in contact with the salt water from bays or oceans. They are particular sensitive ecosystems.  Fresh water inflows may contain contaminants harmful to the more saline water in the estuary and depend on plants and other material  to act as to keep the ecosystem in balance.   See link:

https://oceanservice.noaa.gov/education/kits/estuaries/estuaries03_ecosystem.html

EPA Director Scott Pruitt clearly put politics ahead of science.  Climate change is harmful to estuaries.  See link below:

NOAA report highlights climate change threats to nation’s estuaries

Fortunately,  NOAA is under the US Department of Commerce, out of the reach of Pruitt.

Stay tuned,

Dave

 

 

 

Government Accountability

Whether a president is doing a good job, is not for the president or his cabinet to decide.  Unlike a corporation, which runs with a board of directors, and make decisions, it is the American people, through the election process, which keep the government accountable.  Good news pours out of government.  Bad news is hidden under the rug.  Or more correctly, buried within the agencies of government.

Governments like to err on the side of caution.  They have a particular point of view, consistent with their policies.  Their policies and the supporting rationale are rapidly disseminated by the media.   However, as new information comes in, showing inconsistencies or direct conflicts with what has been said, then release of this information may be delayed or withheld from the public, even with the Freedom of Information Act (FOIA).

In doing research for my book (Florida Citrus Canker Epidemic: Pieces of a Puzzle, available on Amazon, yes this is plug to buy the book),  I discovered how frustratingly difficult it is, to obtain public documents as governments have learned all the tricks at avoiding the requirements of FOIA and other state laws, with the intent of making government more open.

The news organizations have  an advantage, because they can hire lawyers and challenge the government agencies in court.   The New York Times filed more FIOA requests than any other organization.  They filed 31 lawsuits when Obama was in office.  Fox News filed a total of 3 lawsuits when Obama was in office, and 2 lawsuits between election  and inauguration days.  So much for their “investigative journalism.”

The Center for Public Integrity (CPI),  takes second place.  So what is the CPI?  According to Wikipedia:

The Center for Public Integrity (CPI) is an American nonprofit investigative journalism organization whose stated mission is “to reveal abuses of power, corruption and dereliction of duty by powerful public and private institutions in order to cause them to operate with honesty, integrity, accountability and to put the public interest first.” With over 50 staff members, CPI is one of the largest nonpartisan, nonprofit investigative centers in America. It won the 2014 Pulitzer Prize for Investigative Reporting.

A link to their website is given in the links below.  They recently won 7 dateline awards, as given by the  Society of Professional Journalists.

Table 1. News Organizations Filing Three or More FOIA Lawsuits
Number of FOIA Suits Filed
News Organization Plaintiff Total Bush Obama
The New York Times Company 36 5 31
Center for Public Integrity 17 9 8
Associated Press 8 5 3
San Francisco Bay Guardian 6 1 5
Tax Analysts 6 4 2
Fox News Network, LLC 5 0 5*
Daily Caller News Foundation 4 0 4
Los Angeles Times Communicatio 4 3 1
Prison Legal News 4 2 2
Bloomberg LP 3 3 0
Detroit Free Press 3 2 1
SAE Productions, Inc. 3 2 1
* two suits were filed after Obama was elected, but just before he assumed office.

The above list does not include hundreds of lawsuits, filed by reporters and other organizations.  Two organization which have partisan missions are:  Judicial Watch (Conservative/ Republican) and Center for the Media and Democracy (CMD, Liberal/ Democrat).   Judicial Watch was extremely active during the Clinton email and Benghazi scandals.   Now it’s CMD turn, to uncover secrets held by the Trump administration.

Republicans better get used to the adage, “what goes around comes around.”  If they can make all sorts of accusations against Hillary Clinton based on her emails, so can Democrats use email conversations.     The February 2017 article in the  New York Times-  “The Pruitt Emails: E.P.A. Chief Was Arm in Arm With Industry” is based on released emails from Oklahoma.   It reveals how Scott Pruitt fought EPA regulations, as Attorney General of Oklahoma and was well connected with oil industry executives and Republican campaign donors.

Please ignore for the next four years, the outlandish attacks on the media by Trump, particularly the printed media such as the New York Times, Washington Post, and the Wall Street Journal.  We need dedicated correspondents, reporters, and the journalists that finally piece together a story.  Truth will not roll out of the White House in a neat little package and with the blessings of Trump.

Stay tuned,

Dave

Links:

New York Times:  Think FOIA Is a Paper Tiger? The New York Times Gives It Some Bite

FOIA Project: News Reporters Drive Growth in Media FOIA Litigation

FOIA Project:  News Media Requests    (The more recent FOIA lawsuits are filed in the name of a reporter, but likely  with the backing of their organizations).

Judicial Watch

Center for the Media and Democracy (CMD)

How much of Trump’s speech on exiting the Paris Accords was true?

It was an amazing concoction of false statements and misleading or invalid statistics.   Of course, this is Trump’s style.  The transcript of the speech is shown below:

Transcript of the speech

In fact, it is hard to find anything remotely honest in the entire speech.  All the dire economic consequences of the Accords were from an outside consulting study (NERA)  based on  highly unrealistic set of assumptions. The NERA study had other scenarios with more realistic assumptions.  It was produced in March 2017 and paid for by a conservative political organization.    None of the economic projections were  based on EPA studies.  Other studies  have repeatedly shown many positives to our economy, including  investments in clean energy will  create many high paying jobs.

It would have been a simple  2 minute speech if it were a honest one, as it would read, “Steve Bannon and the extreme conservatives don’t like the accord, because like the UN itself, we spend money to help solve the world’s problem.  Plus, global warming isn’t like crime in the streets; it doesn’t make big headlines in the news.”

Trump began his speech by mentioning the  casino attack in the Philippines as  a terrorist attack.  It was a botched robbery according to police.  But, at the time of the speech, ISIS had claimed responsibility, as they are prone to do with almost  any mass killings.  So, Trump has as supporting evidence, only ISIS.

Trump mentioned a long list of achievements, which really overlap with the Obama administration.    The job increase was really inline with gains in employment seen from about October 2016 until now.  Nothing remarkable.

The word “Global Warming” was not in Trump’s speech, nor is there any admission of a problem of our carbon emission.  His line, “I was elected to represent the citizens of Pittsburgh not Paris” received applause from those gathered in the Rose Garden.   The Paris Accord is a world agreement of 193 counties which could have been agreed upon in Pittsburgh.

It is a voluntary agreement, where each country makes pledges or commitments to reduce their own emissions.  Some environmentalists were disappointed at how low the targets were, but at least there were these basic elements (1) Admission that a global problem exists (2) Carbon emissions by the 193 countries can be monitored and reported to the United Nations (3) Each country is free to determine how they will reduce their emissions and (4) Developed countries will each set up a “Green Fund” to assist undeveloped countries in developing technology and programs to produce clean energy.

The citizens of Pittsburgh will pay more for food,  along with the rest of the US, as flooding and violent storms increases due to global warming. To keep our farms functioning,  taxpayers will continue to subsidize crop insurance, right now about 26 billion dollars.  It’s going to get a whole lot worse.  Sea levels will rise and places like Florida will have a difficult time with their fresh water supply.

With the dismantling of the Clean Power Act, solar energy investments will slow and jobs will be lost.  Coal employment (~60,000 employees) is not going to recover because power plants will use natural gas.   A good example is Cloud Peak Energy, which had a market cap of 500 million on November 7, 2016, now is reduced in half to 250 million.   Peabody Coal came out of bankruptcy on April 10, 2017 and so far has lost about 10% in market value  (market cap losses = 235 million dollars).

I saw on the news last night, a wonderful woman from West Virginia saying, “I’m not a climate change denier.”

Now the fact checking:

Factcheck.org

Politifact.com

The  economic statistics were generated in March 2017 by a consulting firm, which Trump pulled some statistics based on some extreme assumptions.

The Paris Accords were terribly miss  characterized by Trump.  Each country has pledged targets for carbon emissions and it is up to each country to develop programs or technologies to achieve these goals. Some countries are doing well in achieving their target goals.

I like how Politifact.com described the economic statistics:

Trump cited a number of negative statistics about the predicted economic impact from the climate deal, including a $3 trillion drop in gross domestic product, 6.5 million industrial sector jobs lost and 86 percent reduction in coal production, all by 2040.

Take these statistics with a grain of salt.

It’s just more BS, to be honest.

Politifact.com  and factcheck.org  websites found very similar dishonest statements.

Economic statistics:  Based on a flawed study

The statement, “China will be allowed to build hundreds of additional coal plants. But, we can’t build the plants, but they can, according to this agreement.”  is not in the agreement.

Statement, “At 3-4% growth, as I expect, we will need all forms of American energy, or our country will be at grave risk of brownouts and blackouts.”

A growth rate of 3 to 4% hasn’t happened in the last 12 years.  The red hot economy of 2005 ended with the collapse of housing market in 2007, and the recession lasting through 2009.  What seems immensely absent in the speech, is that fossil fuels are non-renewable fuels. Their extraction is becoming more expensive not because of regulation, but because we have used up so much of the easy to extract fossil fuels.

Global warming needs carbon emissions monitoring and goal setting.  Obama set this in motion.  Trump just denies the problem exists.  Trump is not making the country great.  He is making China great by sacrificing our technological leadership in clean energy.   June 1, 2017 was a disgraceful day, as we exited the world accord on global warming with a speech with a rapid fire series of flawed statistics and dishonest conclusions.

Stay tuned,

Dave