by Faiz Shakir, Amanda Terkel, Satyam Khanna, Matt Corley, Benjamin Armbruster, Ali Frick, Ryan Powers, and Brad Johnson
Putting The Brakes On Coal Pollution
The brakes have been applied to the construction of new coal plants in
the United States
following a permit denial last week by the Environmental Protection
Agency's (EPA) top rulemaking panel. The
EPA's Environmental Appeals Board ruled
Thursday
that the EPA had no valid reason for failing to place limits on the
global warming emissions from Desert Power's proposed 110-megawatt
coal-fired power plant in Vernal, UT. Deseret's Bonanza
Generating Station,
which would have emitted 3.37 million tons of carbon dioxide each year,
is one of about 100
proposed coal plants that may
now be required to
limit their greenhouse gas emissions. "The carbon-intensive fossil
fuel provides nearly half of the United States' electricity, and is
responsible for some 30%
of the country's greenhouse gas emissions,"
wrote Time magazine. If the proposed plants
are built "without
the means to
capture and sequester underground the carbon they emit -- and
it's far from clear that such technology will be commercially viable in
the near-term -- our ambitious goals to reduce
greenhouse gas
emissions and avert climate change will be meaningless."
'BACK
TO SQUARE ONE': In July
2007, the EPA
issued a permit for the Bonanza plant, ignoring
the Clean Air Act's stipulation
that new plants must include a "best-available control
technology" emissions limit for each pollutant "subject to
regulation
under the Act." Three months earlier, the Supreme Court had ruled that carbon
dioxide is a global warming pollutant
and mandated the EPA to take action. Before the Sierra Club brought
suit against the Bonanza permit for ignoring the Supreme Court
decision, Rep. Henry Waxman
(D-CA), chair of the House Committee on Oversight and Government Reform
opened
an investigation, saying, "The
Administration's
shameful decision rewards polluters,
flouts
the Clean Air Act, and fails the American people."
Corporate trade groups who
joined the Bush administration in arguing the permit should be upheld
included the American
Petroleum Institute,
U.S. Chamber of Commerce, the American Chemistry Council and the
National Association of Manufacturers. The Environmental
Appeals Board instead found for the plaintiffs,
describing the Bush administration's arguments in a 69-page
decision as "weak,"
"questionable," "not sustainable," and "not sufficient." The decision
rebuked
the EPA for failing to issue CO2 regulations,
repeatedly recommending an "action of nationwide scope." The EPA board
is "sending this permit -- and effectively sending every
other
permit -- back to square one," said David Bookbinder,
chief climate counsel for the Sierra
Club. He added, "It's minimum
a one-
to
two-year delay for every proposed coal-fired power plant
in the United
States."
RISKS OF COAL: Coal is the dominant fuel for electricity generation in the United States because of its historically low cost for producers, but that is only because the real price of its pollution is not considered. The particulate matter, smog, and acid rain from burning coal cause billions of dollars in additional health costs a year. As Sen. Harry Reid (D-NV) said this summer, "Coal makes us sick." Combined with the environmental degradation of mining coal and the planetary risks of climate change from coal's carbon dioxide emissions, the "market externalities" of coal-fired electricity -- the costs paid by society, not the producers -- mean that the true cost of coal is immense. In October, Dynegy, a major owner of coal-burning power plants, "agreed to put detailed information in its financial filings on any material business risks posed by climate change." Innovest Strategic Value Advisors has warned investors and ratepayers of the financial risks of proposed unregulated coal-fired plants in Kansas, Colorado, and Nevada. Following the EPA board decision, coal stocks took a material hit on Friday: Peabody Energy declined 8 percent, and Massey Energy and Arch Coal plunged 12 percent. "The single most important thing we could do is to put a price on the CO2 in our economy today," argued Al Gore in September. "Tax what we burn, not what we earn."
NO NEW COAL: Leading climate scientists and activists, from James Hansen to Al Gore, have called for an immediate moratorium on the construction of new coal plants. This past weekend, thousands of youth activists took part in protests against the financing of new coal-fired plants. In September, the Arkansas Commission on Global Warming adopted a recommendation that "no new coal plants be built in Arkansas" until carbon sequestration technology is ready. The Center for American Progress recommends that comprehensive climate change legislation include an emission performance standard for new coal plants which would require these plants to capture and store their CO2 emissions, with a crash course to develop the new technology. Investments in new coal technology are needed to mitigate its risks, but they will not be major job creators. Most of the dollars invested in coal go to capital-intensive efforts such as mining and plant construction that generate few jobs. In contrast, the "green economy" -- based on retrofitting buildings, mass transit, energy-efficient automobiles, wind power, solar power, and cellulosic biomass fuels -- creates many more jobs. Joanna Spalding, the Sierra Club attorney who successfully argued the case, remarked, "This decision gives the Obama Administration a clean slate to begin building our clean energy economy for the 21st century."|
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"Iraq's cabinet on Sunday overwhelmingly approved a proposed security agreement that calls for a full withdrawal of American forces from the country by the end of 2011."
THINK
PROGRESS: Sen. Byron Dorgan
(D-ND): Sen. Joe Lieberman's (I-CT)
actions during the 2008 campaign were unacceptable for a committee
chairman.
WONK
ROOM: Louisiana Gov. Bobby
Jindal's (R) uncertain health care
proposal.
YGLESIAS:
George Will v. Paul Krugman on the Depression.
ATTACKERMAN:
The Iraqi cabinet's approval of the status of forces agreement shows
that the Iraqis are forcing an end to the war.
CALIFORNIA:
Gov. Arnold Schwarzenegger (R) says state Supreme Court should review
the
Prop. 8 same-sex marriage ban.
ECONOMY:
"A majority of states...are scrambling to find ways to get through the
rest of the year without hacking apart vital services or raising taxes."
CIVIL
RIGHTS: Thousands rally
nationwide for marriage equality.
"President-elect Barack Obama is unlikely to radically overhaul controversial Bush administration intelligence policies."
-- Wall Street Journal, 11/11/08
VERSUS
"I have said repeatedly that I intend to close Guantanamo, and I will follow through on that. I have said repeatedly that America doesn't torture, and I'm going to make sure that we don't torture."
-- Obama, 11/16/08
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