William Yeatman

Post image for Update on Job Losses, Electricity Price Hikes Caused by EPA’s Big Mercury Lie

In December, EPA finalized the Mercury and Air Toxics Rule, one of the most expensive regulations, ever. The Agency says it would cost $10 billion per year; industry estimates are much higher.

In press releases, EPA claims that the rule is necessary in order to protect fetuses from developmental disorders engendered by mercury emissions. This is not true. In fact, EPA found that it is necessary and appropriate to regulate mercury emissions in order to protect a population that doesn’t exist: pregnant, subsistence fisherwomen, who annually consume more than 300 pounds of self-caught fish, from exclusively the 99th percentile most polluted freshwater inland water bodies.

The ridiculous Mercury and Air Toxics Rule is only a couple months old, but it’s already having a big impact. On January 26th, Ohio-based utility FirstEnergy Corps announced that it would shutter 6 coal fired power plants, and it cited the mercury rule as the primary reason. The company said 530 employees would be affected by the decision. Some will be relocated, but many will lose their livelihoods. Last week, the Associated Press reported that electricity prices in Ohio regions serviced by FirstEnergy are expected to double, due to the smaller supply of power engendered by EPA’s mercury regulation. In addition to job losses, the absurd mercury rule is raising electricity prices.

Today, FirstEnergy Corp. announced more plant closures caused by the Mercury and Air Toxics Rule. According to a press release issued this morning,

[click to continue…]

Post image for Unions Heart Keystone XL

Over at the American Spectator, my colleagues Vincent Vernuccio and Matt Patterson have an excellent piece about how the President’s Keystone punt has been received by organized labor. Here’s a roundup of reactions noted in their oped:

  • Terry O’Sullivan, head of the Laborers’ International Union of North America (LIUNA), has called Obama’s action “politics at its worst,” saying that “once again the President has sided with environmentalists instead of blue collar construction workers.” O’Sullivan angrily vowed that “workers across the U.S. will not forget this.”
  • Mark H. Ayers, president of the Building and Construction Trades Department, AFL-CIO has publicly hammered the jobs issue. In a January 18th press release, Ayers voiced the frustration of many union workers, saying “…with a national unemployment rate in construction at 16 percent nationally, it is beyond disappointing that President Obama placed a higher priority on politics rather than our nation’s number one challenge: jobs.”
  • James T. Callahan, president of the International Union of Operating Engineers, agrees, complaining to the Washington Post that Obama’s decision was “…a blow to America’s construction workers,” who are struggling in “the sector hardest hit by the recession.”

Read the whole thing here.

Post image for Stop the Presses! Lowering a Soviet-style Production Quota for Biodiesel Hurts Biodiesel Industry

Thanks to the 2007 Energy Independence and Security Act, motorists are subject to a Soviet-style production quota for biofuels. Every year, Americans must purchase greater volumes of biofuels–motor fuels distilled from corn, soy, and plant matter–until 2022, when the production quota tops out at 36 billion gallons. Fifteen billion gallons of that figure would come from corn ethanol. Most of the rest must come from cellulosic ethanol, a fuel that doesn’t yet exist. (That’s right, the U.S. Congress passed, and President George W. Bush signed, a bill that requires the production of 16 billion gallons of an imaginary fuel). For biodiesel, the Energy Independence and Security Act requires the production of 500 million gallons in 2009, 650 million gallons in 2010, 800 million gallons in 2011, and 1 billion gallons this year. Thereafter, the biodiesel mandate remains at 1 billion gallons, although EPA Administrator Lisa Jackson has the discretion to increase the quota.

Last year, EPA proposed to use its authority to increase the biodiesel mandate in 2013 to 1.28 billion gallons—a 28% increase over the statutory minimum. In December, however, EPA postponed the announcement of the 2013 production quota for biodiesel, and the Agency left open the possibility that it would keep the biodiesel mandate at 1 billion gallons. Naturally, EPA’s reticence outraged the biodiesel industry. According to Energy & Environment GreenWire (subscription required),

“There’s no question that the production capacity is there. The biodiesel industry can do it, and there’s no question that the 1.28 can be met,” said Ben Evans, director of federal communications at the National Biodiesel Board. “It’s really surprising to us that there would be this hesitation and the potential for moving it back to a billion. To us, it would really be a devastating blow.”

Of course, the effect would be “devastating” because the biodiesel industry simply cannot compete on an open fuel market. Don’t take my word for it! Even biodiesel producers are willing to concede that their product is inferior. From the same GreenWire article:

[click to continue…]

Post image for Billionaire Branson: We Must Put the Planet before Profit

To be sure, I’m a staunch defender of wealth creators, and I begrudge no one for his or her riches…as long as he or she doesn’t say silly things like “The focus on profit has caused significant negative, unintended consequences.”

I have two problems with Sir Richard Branson’s commentary. First, it’s wrong. Profits incent wealth creation, which, in turn, improves the environment, because wealthier societies are friendlier to the environment. More importantly, wealthier societies are healthier societies.

Second, having a billionaire say that profits are secondary—after he earned his money—is akin to Sir Branson raising the drawbridge immediately after gaining entry into the castle, while the peasant throngs stand on the other side of the moat.

Post image for Al Gore’s Cruising with the Stars

Dumping on Al Gore’s hypocritical, hysterical climate change posturing is like bitching about metro service here in the nation’s capital: It’s trite, but nonetheless gratifying. Having acknowledged as much, I draw your attention to an excellent editorial in yesterday’s Investor’s Business Daily, about the former Vice President’s plan to go on a star-studded cruise to Antarctica. Here’s a snippet:

Al Gore, who invented global warming hysteria, has most recently been found planning a trip to Antarctica where he will surely find evidence that man is overheating the planet.

This clearly insecure man who so desperately needs an audience that approves of his world-saving efforts says he will be taking with him “a large number of civic and business leaders, activists and concerned citizens from many countries.”

He expects them “to see firsthand and in real time how the climate crisis is unfolding in Antarctica.”

For Gore’s reading material on this trip, we suggest he look at some data released by Great Britain’s Met Office. He would find himself meeting head-on a terribly inconvenient truth.

According to the data, there’s been no warming for more than a decade. The global temperature that Gore and the rest of the alarmist tribe are so concerned about was about one full degree cooler (as measured in Celsius) last year than it was when temperatures peaked in 1997.

Of course 2012 could be warmer than 2011 just as 2010 was warmer than 2008 and 2009.

Or it could be cooler. Who knows?

Read the whole thing here.

Post image for Climate “Consensus”: Everyone Should Appeal to Authority, Except for Us

Last week, 16 scientists published an oped in the Wall Street Journal about how global warming isn’t a big deal. Yesterday, 38 scientists published a letter in the same paper, about how global warming is a big deal. Tomato, tamato.

Personally speaking, global warming is the last of my concerns. This is the predominate view among Americans. So my eyes glazed over the science squabbles in the two letters. I did, however, find it interesting that the second letter, representing the “consensus” view, contradicted itself.

[click to continue…]

Post image for What Is “Open” and “Transparent” Obama Administration Hiding on Stream Buffer Rule?

While environmentalists loathe coal in general, they hate especially coal produced via mountaintop removal mining. Unfortunately for them, the mining practice, which is essential to the economies of West Virginia and Kentucky, is sanctioned by state and federal law. In 1977, the Congress enacted the Surface Mining Control and Reclamation Act, legislation that created a regulatory regime for surface mining practices like mountaintop mining.

Now, thirty-five years after the Congress endorsed mountaintop mining, President Barack Obama is poised to radically reinterpret SMCRA—legislation that authorizes mountaintop mining—such that the law would ban it. This contortion of legal logic is an affront to Congressional intent. It has engendered a stern reaction from the majority party on the House Natural Resources Committee, which is threatening to subpoena the White House unless it starts explaining its bizarre reasoning.

[click to continue…]

Post image for T. Boone Pickens Promises to “Call Out Special Interests” That Oppose His Special Interest

It’s wholly untrue to claim that President Barack Obama is picking and choosing winners in the energy industry, because this administration seems to only pick losers…

…Like the Pickens Plan. Last week, in the immediate wake of a populist State of the Union address, President Barack Obama threw his weight behind H.R. 1380, the New Alternative Transportation to Give Americans Solutions Act (a.k.a., the NAT GAS Act, a.k.a., “The T. Boone Pickens Earmark Bill,” a.k.a., the “Pickens-Your-Pocket Boondoggle Bill,” a.k.a the “Billionaire’s Bailout.” This legislation was written by billionaire natural gas magnate T. Boone Pickens, in order to compel Americans to use more natural gas, and thereby further pad Pickens’s pockets.

The NATGAS Act would be an unprecedented special interest giveaway. I cannot recall legislation pitched by a billionaire for the benefit of that billionaire. So my jaw hit the floor when I read Pickens’s press release applauding the President’s decision to pick the Pickens Plan, in which “legendary energy executive T. Boone Pickens” says:

“While Washington appears to now understand the issue, make no mistake. I will continue to be outspoken on this subject, and continue to call out the special interests that are working to undermine this bold and important agenda.”

[click to continue…]

Post image for EPA’s Big Mercury Lie Already Killing Jobs

Recently, I blogged about EPA’s big mercury lie. In a nutshell, the Agency claims that its ultra-expensive new Mercury and Air Toxics rule is appropriate and necessary in order to protect fetuses from developmental disorders. Yet, according to EPA’s own analysis, the new mercury regulation serves to protect America’s supposed population of pregnant, subsistence fisherwomen, who eat 300 pounds of self-caught fish reeled in exclusively from the most polluted bodies of water. To put it another way, this regulation, which costs $10 billion annually, safeguards a population that doesn’t exist.

Already, this ridiculous regulation is killing jobs. Ohio-based FirstEnergy Corp. last Thursday announced that it would retire six coal-fired power plants in Ohio, Pennsylvania and Maryland, in order to comply with the Environmental Protection Agency’s new Mercury and Air Toxics Standards rule. According to the company, 530 employees will be affected. While FirstEnergy stressed that some workers would be relocated, it is certain that many will lose their jobs.

In the proposed Mercury and Air Toxics rule, EPA has the gumption to claim that the regulation would be a net job creator (see 76 FR 25076). EPA acknowledges that the mercury rule would eliminate jobs at coal-fired power plants, but the Agency believes that more jobs would be created in the emissions control industry. In light of the purposelessness of the Mercury and Air Toxics rule, EPA’s claim that the regulation is a job creator is like saying that it is good economic policy to blow open a hole in the earth with dynamite and then pay people to fill it back in.

[click to continue…]