Wind waltzes across Texas

Relatively unknown to many Anericans is the rapidly growing success of renewable energy in America. California is the significant leader in solar energy and Texas is the predominant wind energy state.

As reported on CBS Morning News this week, there are 24,000 renewable energy jobs in Texas mostly in the wind sector. That is more than 1/3 of coal jobs in the whole country. Further, over 16% of the electricity produced in Texas comes from wind energy at the end of 2017.

What may be surprising is former Republican Governor Rick Perry deserves credit for pushing a bill to expand the electric grid to draw power from the wind turbines. This action is vital as to power cities, the electricity has to be transferred from the plains areas where wind blows so strongly.

This makes Perry’s relative silence on the subject frustrating in his role as the director of the Department of Energy. He is doing the heavy lifting for the President as he pushes for more coal use. With the renewable energy jobs growing at double-digit per annum clip, one would think Perry might want to talk about expanding the nationwide grid.

Let me close with a reminder of the town of Georgetown, TX that is 100% powered by renewable energy. Republican Mayor Dale Ross noted in the CBS news interview that he is a Reagan Republucan, but breaks with his party on climate change. Ross, a CPA, wants to meet with the President as his Town Council voted to select the lesser and more predictable cost model for energy which is renewable energy.

Too many people debate renewable energy as a jobs vs. environment issue. This is an old argument and is no longer true. The market forces and development have made renewable energy more affordable. As a result, the jobs are growing. Just think of the wind waltzing across Texas.

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Two experts raise concern over US treatment of allies and tariffs

I watched two separate interviews, one last week on PBS Newshour with a representative of the Council on Foreign Relations and one this morning on CBS Morning News with Ian Bremmer, the head of The Eurasia Group. I felt they both framed the issues and concerns very neatly.

The former noted while Trump has accurately raised concern over China and their pilfering of intellectual capital and trade deficits, he does not have a coherent strategy. It was noted that his tactics are less than effective, especially since this issue affects our G7 allies. It would be far better to work in tandem with our allies to put pressure on China, rather than place tariffs on them as well. He also noted the World Trade Organization has several levers that could be deployed to help with this effort.

As for the lack of coherence, Trump rightfully noted the intellectual capital is the greater concern, but said if China bought more goods from the US, that would be enough. If your biggest issue is theft of intellectual capital, buying more goods does not address that issue.

As for Bremmer, he has interviewed representatives of the G7 who attended the less than fruitful summit in Canada. He said the other members outside of the US all noted the relationship with the US is very far from the “10” that Trump assigned to it. He noted that between Merkel and Trump, it is about as dysfunctional as it gets. He added that other G7 countries worry that Trump has fewer reasonable voices advising him, so there is no one to reach out to that will get in the President’s ear.

What will come out as the Starburst Outburst, after the famous picture with leaders imploring Trump, he stood and agreed to sign a cooperation agreement that staff worked on until 3 am, including Larry Kudlow of the US. Then he reached into his pocket and grabbed two Starburst candies and threw them on the table saying “Angela, don’t say I never gave you anything.” This is about as demeaning as it gets, rivaling his refusal to shake her hand in the oval office.

The picture will be in future history books as a milepost of when the US turned its back on its allies. It will be in the section entitled “When the US ceded its global leadership position.” It is compilation of things that make me say this, not just the ill-advised tariffs.

They include: pulling out of an Asia-Pacific trade deal that went through without the US, announcing the pull out of the Paris Climate Change Accord, ignoring the pleas of allies to pull out of the Iran nuclear deal, pulling out of the United Nations Human Rights council, separating children from parents at the border and adding more demands after a NAFTA deal was crafted. Then, there is the bullying, lying to and lying about our allies. Shoving the Macedonia President out of the way is as good a metaphor as any.

The United States is becoming a pariah under Trump. Until the so-called Republican leaders acknowledge this, we will continue to be such. How low must we go?

 

Pope is at it again

Last week, Pope Francis again revealed why he is a global leader. Leveraging the biblical teachings that God wants us to take care of our environment, he reiterated his concerns on climate change to oil executives. Per a Wall Street Journal article called “Pope Francis Criticizes Continued Search for Fossil Fuels at Meeting with Oil Executives,” he encouraged oil executives to find ways to leave fossil fuel energy in the ground. Per the WSJ article:

“’Civilization requires energy, but energy use must not destroy civilization!’ he said at a Vatican climate change conference attended by top executives including Exxon Mobil Corp. Chief Executive Darren Woods, BP PLC Chief Executive Bob Dudley and BlackRock Inc. Chief Executive Laurence Fink.

At the conference, co-sponsored by the University of Notre Dame and featuring nearly 20 speakers Friday and Saturday, the pope said that an estimated 1 billion people still lack electricity and noted that access to energy is an essential resource for escaping poverty. But he warned that a failure to reduce the use of fossil fuels would lead to a ‘spiral of extreme climate changes due to a catastrophic rise in global temperatures, harsher environments and increased levels of poverty.’

The poor ‘suffer most from the ravages of global warming,’ he said, through water shortages and extreme weather which in turn drive mass migration, among other ways.
Pope Francis commended oil and gas companies for adopting policies that account for ‘assessment of climate risk’ and he encouraged the practice of environmentally sensitive ‘green finance’ investment strategies. But he warned that ‘markets and technology’ wouldn’t be sufficient to stop climate change, since our ‘current economic system thrives on ever-increasing extraction, consumption and waste.’

Earlier this year, BlackRock’s Mr. Fink in a letter urged chief executives at global companies to ‘make a positive contribution to society.’ The world’s largest asset manager has played a key role behind the scenes in insisting that companies take action to respond to climate change.

Pope Francis’ meeting with oil executives and investors comes almost exactly three years after the publication of his encyclical Laudato Si’, in which he called global warming a major threat to life on the planet and said it is mainly caused by human activity. In that document, which as an encyclical ranks among the highest levels of papal teaching, the pope blamed special interests for blocking policy responses and indicted the market economy for plundering the Earth at the expense of the poor and future generations.”

With the US President announcing his intention to leave the Paris Climate Change Accord, other global leaders, like Pope Francis are continuing the push. Ironically, Exxon Mobil’s shareholders voted (the day before Trump’s announcement to leave the Accord) to obligate the company leadership to inform them of what they are doing to address climate change. Fortunately, US cities, states and businesses are picking up the baton dropped by the President. The US has passed the tipping point on renewable energy, in spite of the President and his EPA head’s efforts.

Pope Francis should be commended for leading the charge. Taking care of the least of us has been a mantra of this leader. I recognize he is not perfect, but is concern for people and the environment is meritorious. And, unlike Messrs. Trump and Pruitt, the pope is a scientist, with a Masters in Chemistry and has worked as a chemist.

Messers. Trump and Pruitt – it is the Environmental Protection Agency

Almost one year ago, the President of the United States announced a plan to withdraw from the Paris Climate Change Accord making the US a very isolated country on the world stage. That announcement both betrays and galvanizes further the significant efforts and science behind America’s push toward renewable energy and conservation.

Yet, that is only part of the attack by this administration on our home planet. Under the tutelage of Scott Pruitt, the Environmental Protection Agency, has decided to have an all out war on science and the environment. The orchestrated removal of climate change science data accessible by the EPA website and the repositioning, demotion or firing of some scientists, is indicative of a parent wanting to mask the fact they do drugs from their kids.

Pruitt has also tried successfully and unsuccessfully to let companies pollute waterways and the environment with fewer repercussions. The fact we have a global water shortage is irrelevant. He has also championed the ability for industry to question the EPA’s data. That may sound good, but industry has challenged data for years and, as a country, we do not adhere to the Precautionary Principle.

This principle states that if it is believed an industry is polluting the environment, then they must prove they are not before going further. In the US, industry has to be proven they wronged people many years after the fact. The reason Erin Brockovich is so famous is it is rare to win against industry. The sad part is people have died or been made ill by then. The Pruitt change is to let industry cherry pick data more easily. I should note the flame retardant industry used a study that had nothing to do with that issue to show the retardants were safe – it was proven they cause cancer in firefighters, toddlers and mothers.

Last week, a new report came out that noted the Outer Banks of North Carolina will be the hardest hit region by rising tides by the end of the century. Yet, the report eliminated any reference to man’s influence of climate change. It should be noted a few years earlier, the NC General Assembly refused to accept a similar finding, but paid for a report that used the past 100 years sea level increase as a guide for the future showing an increase of 8 inches versus 39 inches per the scientists. Apparently, that report has been proven faulty.

Finally, a report by the United Nations has estimated the failure to address climate change will cost the world $100 trillion in US dollars. Some have cried foul over this number, but I would add a study sanctioned by the world’s largest pension scheme (plan) investors in 2010 estimated the cost of repairing climate change problems in the $10 trillion to $20 trillion range. The key word in both is trillion.

We should recognize these numbers are guesses backed by science and some rationale. I would quibble less if the numbers are toward either end and focus on the observation that doing nothing will cost money and a lot of it. Hurricanes are more severe now when they hit shore from elevated sea levels. The costs to fix the damage run in the tens to hundreds of billions range. When you multiple just the hurricanes by these cost fixes, then one can see how the numbers can rise.

If that does not scare, there is a new term that should called “sunny day flooding.” These are days when high tides flood the streets of coastal cities when no storm is present. These days are increasing significantly in places like Miami, Hampton Roads, Charleston, New Orleans, etc. In the next fifteen to twenty years, some of these cities may have fewer non-flooding days than flooding ones.

So, Messers. Trump and Pruitt, you can choose to play ostrich all you want, but the people that care about our home need to move forward. It would be nice if you were an enabler rather than a blocker.

Media please focus on the big issues

With a man occupying the White House who has hard time with truth, civility, history and criticism, there is a bounty of things the media could focus on. And, that is part of the problem. I look at various news feeds and sources and see too many pedestrian foibles that get discussed. Yet, the countless criticisms dull our focus on the more important issues.

My concerns are several, so let me highlight those areas:

– we are borrowing from our future to make a long performing economy a little better, doing the opposite of what is needed to limit our debt from increasing from $21 to $33 trillion by 2027.
– we have ignored our allies and reasonable voices in the US to pull out of various multiparty agreements hurting trade, environment and security.
– we have pulled back several regulations making it easier for industries to pollute and ignoring the federal government’s role in fighting climate change.
– we have blamed immigration for a host of problems and focus on remedies that won’t help people or solve problems.
– we have held up the constitution as sacrosanct, while ignoring the sections on protecting the rights of all citizens, protecting the right and importance of the media and ignoring the clearly defined roles of the three branches of government. It is of vital importance to respect the judiciary’s pursuit of truth, even if the President does not like it.
– we have continued down a path which ignores truths and facts tolerating a man who makes more than a few decisions off misinformation and even disinformation. Governing well is hard enough when we use real facts, it is nigh impossible when we make things up.

Of course, there are other issues, but I attempted to group several concerns into larger categories. In closing, please remember these three cautions – we cannot shrink to greatness, we cannot continue to pee in our global swimming pool, and we must respect the rights and opinions of all people, not just people who agree with you or compliment you.

US is going alone again

Unless we alter our course, this period of time will be remembered as when the US ceded its global leadership role. We are following a path of nativism and retrenchment. And, there is one thing for certain – we cannot shrink to greatness.

First, we drop out of an Asia/ Pacific trade partnership early in the Trump presidency. The remaining countries proceeded without the US and inked a deal at the end of last year. Why is this important? When approached to do a bilateral agreement, Japan told Trump to reenter the Asia/ Pacific agreement.

Second, last June we decided to leave the Paris Climate Change Accord, leaving an agreement with pretty much the rest of the world. Even ExxonMobil told us to stay in the accord. Fortunately, businesses, cities and states are picking up the dropped baton, but more is needed from our DC leaders.

Third, we do our darnedest to restrict immigration into our country from several countries and are actively seeking to expel both undocumented immigrants and children who came forward under DACA. What we fail to understand is immigration is accretive to our economy and this is a key part of our ideals.

Fourth, we have introduced tariffs on our allies and trading partners. Not only are we acting like a bully, we are acting unwisely, so say 1,140 economists including Nobel laureates and Presidential advisors. We could be precipitating a retrenchment of the global economy, of which we are a key part. The economists say this is how recessions start.

Fifth, by pulling out of the Iran nuclear agreement, we are heightening global risk. But, we also have turned our back on our allies who asked us to work with them to stay in the agreement. With the reimposed sanctions any EU countries doing business with Iran will also be sanctioned. This will invite sanctions by the EU on the United States’ companies doing business there.

The President views the world in a transactional way which is why he prefers bilateral agreements. He must win the transaction. In multilateral agreements, everyone wins some and loses some. He also does not value diplomacy as we have retrenched in those capabilities. The hard work is done by these folks and China is lapping us in their diplomatic efforts.

We cannot go this alone. We should pay attention to the words of French President Emmanuel Macron when he spoke to the US Congress. He beseeched us to remain involved working with others.

 

Two Western Leaders came to Washington

Last week, the two leaders of the western world met with the US President, who has ceded the US role in the world. Emmanuel Macron, the President of France, and Angela Merkel, the Chancellor of Germany visited with Donald Trump.

Of course, the US has the most powerful military in the world. We’d better as we spend far more than other countries. Yet, with our pulling back on diplomacy and the number of diplomats, with our imposition of tariffs on even our allies, with our retrenching from global agreements and with an unprecedented level of untruthfulness, we have ceded our global leadership role to China, overall, and Germany and France in the western world. And, while the UK remains important and formidable, I am sad to say Brexit will precipitate its decline from these ranks.

Macron and Merkel beseeched the US President to remain in the Iran Nuclear deal signed by seven parties (including the four countries above). As with other issues, Trump does a lot of chest beating without the benefit of being factually accurate. John Oliver of “Last Week Tonight,” does a nice job of defining the terms of the agreement and noting three untruthful things the US President says about it.

And, at least Macron openly requested the US to remain in the Paris Climate Change accord. We know this as Macron was allowed to speak with Congress and did so with an eye to the future and a statesman like flair. Yet, Merkel did not get such an opportunity. It puzzles me why Trump does not like her as his contempt easily shows.

He dotes on Macron, but he looks like he would rather be elsewhere when he is with Merkel. Is he jealous because Putin will actually listen to her? Is he superficial to not like her because she does not have a model’s shape or looks? Or is it her policies of openness to refugees? Or, it may be she is a student of understanding issues and he is not?

Nonetheless, she sees the future in the appropriate light as does Macron. “Narrow-minded nationalism” is something we must guard against Macron said to the US Congress. Global trade and relationships make the world safer.

I firmly believe if Trump remains in office for four years (and God forbid eight years), history will judge this period as when the US gave up its leadership role in the world. And, this happened with others not firing one shot, just a well-orchestrated influence campaign by the Russians who want a weaker west. But, don’t trust my judgement. Pulitzer Prize winning journalist and former State Department official Ronan Farrow has penned a book called “War on Peace” that notes the same premise with definitive examples. The decline in diplomacy is a huge mistake – we sent two people to a global issues meeting, while China sent twenty. They worked the rooms.

This is a sad state of affairs. We have listened to a populist President who does not care to know historical context and is not beholden to the truth. He has listened to people who want us to retrench. And, there is one thing for certain, we cannot shrink to greatness. It matters not what the ball caps say at Trump rallies.