
Greg Harman
gharman@sacurrent.com
So now that we’ve wrapped up beating down San Antonio’s
highest paid Austin resident*, CPS CEO Milton Lee (read “Lee’s Electric Company”)
, it’s time to lift our head from the coal muck and scan the horizon once more.
Beneath the back-and-forth reporting on what
China/India/developing economies are/aren’t willing to do re: mandatory
emissions caps, the international community is actually taking steps now to
convert to low-carbon alternatives. Even as France’s ambition to sell nukes
across the Middle East is gumming up the works
I think there isn’t a Capitol watcher on the planet that
would dispute the fact that the American Clean Energy Act has been considerably
retooled since Representatives Waxman and Markey first rolled their proposal
out to the House Energy & Commerce Committee.
Thanks in part to our Representative Henry Gonzalez, the
bill’s cap-and-trade provision went from 100-percent auction (to create a fund
to fuel more clean-energy development) to a mostly giveaway system to protect
coal plants from paying for their pollution. (Though the Gonz is still head-and-shoulders above fellow Rep. Ciro Rodriguez, who pledged to support the bill, voted against it, and pitifully ran away!)
The amount of misinformation about the bill from
“flat-earthers,” as Rep Doggett called the oil and gas lobby posing as representatives
of the public interest, pushed even critics like Doggett, who decried the
amount of giveaways to industry, to vote it up.
And although some House members were clamoring that ACES was
a piggy bank-wreaking behemoth, the EPA broke the bill open last month and
found that, through increased efficiency investments, it will actually reduce most electric bills.
The delirium du jour has had some farming groups fretting
over the imagined future regulation of methane-burping cows and other nonsense.
In response, USDA eyeballed the proposal and reached the
conclusion this week that the bill is good for agriculture, too.
As Reuters reported yesterday:
U.S. farmers and foresters could earn significantly more
money from carbon contracts than they see in higher costs from legislation to
control greenhouse gases, the Agriculture Department estimated on Wednesday.
It was one of the first full-spectrum analyses of the climate
bill. Skeptics say the climate legislation will drive up sharply the cost of
fuel, fertilizer and pesticides for the farm sector and make rural life more
expensive.
"Our analysis demonstrates that the economic
opportunities for farmers and ranchers can potentially outpace -- perhaps
significantly -- the costs from climate legislation," said Agriculture
Secretary Tom Vilsack in a statement prepared for a Senate hearing.
We know something about crop losses in South Texas. And
while we can’t link any weather event directly to global warming (climate
scientists are not weather forecasters. They spot trends, not dust devils.)
best projections suggest a need for rapid and serious action to prepare for a more waterless world.
The USDA doesn’t consider the cost of inaction. But in Texas
this year’s crop losses are at $3.6 billion, and growing.
The House version of the bank, last I looked, required the
board to move money to those techs that would make an impact on carbon
emissions the fastest. That would mean solar and wind and biogas, existing green
technologies would benefit.
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