On the downhill side of hump day

Tomorrow, the infamous Mueller report will be released in redacted form. Of course, the AG has called a press conference, so there are no guarantees. I would not be surprised by anything at this point. I do see a scared President.

What I find interesting is Giuliani and crowd are preparing a rebuttal, yet we have been told they had not see the report. I did not believe this for one bit, but I find it odd that you can write a rebuttal to a report you have not seen.

What I also find interesting is how someone can tout the summary conclusions that the AG offered and then denigrate the underlying report. This was akin to Trump saying Michael Cohen lied to Congress, except when he was bragging on Trump.

Herman Cain said he will keep his hat in the race for the Federal Reserve Board. This is giving the GOP Senate leaders heartburn as they see him as unqualified and unfit based on past issues. They have a right to be concerned, in my opinion.

Mayor Pete has some sound advice for his fellow Democrat Presidential candidates – do not make this about Trump bashing. I agree. Mayor Pete has impressed every where he has gone for interviews.

Speaking of impressing, Bernie impressed the Town Hall attendees on Fox. Dems need to do more of this, as their message is overall better than the current President and GOP. It is not perfect and needs to move to the center more, but talking about healthcare, job training, climate change, e.g. is much better than a border wall. By the way, the President, who feels Fox is his network, has fumed twice for Fox hosting Bernie. I find this amusing.

Finally, I was quite tickled when the President started criticizing Bernie’s taxes that he released. The response should be simple – “Mr. President, you are welcome to do this as I realized my tax returns. Where are yours? What are you hiding?”

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The time has come

It is reported the ice caps are melting at a faster rate than predicted. Coastal cities have seen increasing days of sunny day flooding. Extreme flooding is occurring as larger weather systems are stalling. And, drought areas are seeing more severe drought and forest fires are larger and more frequent.

The time has come to move forward in a concerted manner to address climate change. Efforts to waylay climate change actions must be highlighted and remedied. This should not be a political issue, but the fossil fuel industry has its foot on too many politicians’ throats.

That must change. I believe people who see the problems occurring now must act. Ask every politician what they plan to do about climate change. If the person gives a trite, dismissive answer, say that is not an acceptable answer.  The problem exists and we need to do something about it.

Even an older GOP Senator from Iowa called the President on the carpet for his “idiotic” comment about wind energy. When the President said wind mills cause cancer, Senator Chuck Grassley said that was “idiotic” and added that he was the “father of wind energy tax credits.” It should be noted Iowa gets 1/3 of its electricity from wind energy. That is forward thinking, but is not new. Oil tycoon T. Boone Pickens said wind energy was the future about eight years ago, once we bought time with natural gas. We have.

The time has come. Do not worry about being passionate as we need more fervent action.

Some Wednesday Why Questions

Several news stories have crystallized over the past few days forcing me to ask some why questions. Here are just a few on this Wednesday.

Why is the party that is adamant voter fraud is more prevalent the one who causes more of it? Today, the GOP North Carolina chair was indicted for bribing a public official with campaign donations. This is on the heels of the GOP Congressional candidate absentee ballot fraud issue and the unconstitutional gerrymandering that has gone on under GOP tutelage in NC.

Why are we playing politics with the President overriding an unheard of 25 security clearances, including two relatives? I don’t care what party is responsible, this should give all Americans pause, especially given the President’s poor attention to vetting, conflicts of interest and the fact his two relatives do not hold positions that were approved by the Senate. The CIA has been concerned about Jared Kushner’s culpability for some time, eg.

Why is the British parliament failing to read the tea leaves on Brexit? There is a petition with 6 million names asking for a cancellation of Brexit. When the petition was criticized for foreign involvement, it was determined that 96% of the names are UK citizens. I read today that Ford will re-evaluate what to do with two British car plants depending on what happens. They are not alone.

Why is Shell Oil pulling out of an US based petroleum industry lobby group beginning next year? Its shareholders are forcing the company to more demonstratively  address climate change and support the Paris Climate Change Accord. It should be noted Exxon Mobil shareholders asked the company to report back on what they are doing about climate change. Both companies were active on climate change research before they decided to pretend it was not a problem in public.

Why would the President even consider closing the border with our third largest trading partner, not to mention the people who live in Mexico and work in the US? This would be harmful to the US economy, per Senate leader Mitch McConnell (and many others) and even more so for border states. It also overlooks the greatest need to help with the chronic border problem – immigration judges. Walls and closures are just costly theatrics.

Why is it OK to want to trade with North Korea, but not Cuba? The real reason is Obama opened the doors to the relationship. For some reason, Trump has an unhealthy focus on things Obama did. But, trading with Cuba is desirous to many Americans and Cubans and is far easier to get a return on investment. Commerce is a good way to break down barriers.

That is all for now. Let me know what you think or if you have any more why questions.

 

Renewable energy has become cheaper than coal

An article in The Guardian caught my eye yesterday, entitled “‘Coal is on the way out’: study finds fossil fuel now pricier than solar or wind.” This is not surprising to me as the production costs of solar and wind energy have significantly dropped over time, yet it likely catches some as a big surprise. Per the article:

“Around three-quarters of US coal production is now more expensive than solar and wind energy in providing electricity to American households, according to a new study.

‘Even without major policy shift we will continue to see coal retire pretty rapidly,’ said Mike O’Boyle, the co-author of the report for Energy Innovation, a renewables analysis firm. ‘Our analysis shows that we can move a lot faster to replace coal with wind and solar. The fact that so much coal could be retired right now shows we are off the pace.'”

When all of the costs are factored in, coal is even more expensive than indicated above. For example, coal energy continues to be costly long after it is burned through ash maintenance, leakage and litigation. Yet, now production costs are largely higher for coal than renewables. As the article notes the decline of coal is passed the tipping point.

But, don’t just take the word of this article. In the first two years of the Trump Presidency, more coal plants have been closed than in the entire first four-year term of Obama’s Presidency. This would have happened anyway regardless of who was President, but I mention Trump as even someone who campaigned on keeping coal plants open cannot stave off this trend.

If that is insufficient, note there are currently more than four times the number of solar jobs than coal jobs in the US. And, the wind energy jobs are growing very quickly in the Midwest, with Texas, Iowa, North Dakota, and Minnesota among others leading the way. In an article called “Will 2019 be the year of the turbine – wind energy continues to surge in Texas” in the Caller Times, in 2017 Texas provided about 15% of its energy through wind and has and will continue to increase that percentage in 2018 and beyond.

I feel for the coal miners, but they are owed the truth and help in retraining for new jobs and some transitional financial support. In the same areas where coal is found, the wind blows and sun shines. I implore legislators to help invest in the new economy in these areas. This should have been happening all along as this trend is not new.

 

 

Saturday in the park (redux)

It is a beautiful spring day and we just got back from a walk. With due credit to the band Chicago, hum “Saturday in the park,” as you read on.

– Speaking of walking, there were multiple hundreds of thousands marching in London pleading for another Brexit referendum. Some of it has to do with Parliament’s inability to plan a smooth exit, but the large part is due to Brexit being a financially imprudent idea.

– The Mueller report is in and I encourage a large dose of patience. Let people read and digest the thing. Plus, this is just the end of one phase, with much more to come. Future indictments will likely come from the Southern District of New York and be of a campaign finance or conflict of interest nature. Spiking the ball in the endzone is premature, especially when dealing with such an untruthful man.

– Boeing is in a heap of hurt, with an order for 50 737’s being canceled. Training is everything and, apparently, it has been shortchanged on this unwieldy plane. A pilot said the switch from autopilot to pilot in some instances maximizes the worst attributes of both at the wrong time. Unfortunately, hundreds have died.

– Seeing the horrible flooding in the US and the cyclone damage on the east coast of Africa reminds me of a report sanctioned almost ten years ago by the largest pension trusts in the world on the financial impact of climate change. Between the increased severity of forest fires, drought, flooding and sea rising, they estimated a cost on the order of multiple tens of trillion dollar. I think that might be light as there will be an echo effect that is worse than predicted then.

– Kudos to New Zealand, its people and its  leader, Prime Minister Jacinda Ardern. From the heartfelt solidarity to the grieving Muslim community and nation to acting with seriousness of purpose banning assault weapons, Ardern showed what leadership looks like. As an American, I am envious of her leadership and proud we have such in our world.

Have a great weekend all. Best wishes to those in need or grieving their lost loved ones.

A few green thoughts for a green day

In honor of St. Patrick’s Day, here are a few green thoughts for the day. Green will take a few different meanings herein.

– Let’s give a big shout out to the kids around the world who went on strike from school to bring awareness to the need for more action on climate change. I am certain they will receive push back from the fossil fuel funded crowd, but these kids care about the future and present of our planet.

– Let’s give a shout out to the twenty kids suing the US Federal government for insufficient action on planning the demise of fossil fuel in response to what they already know about climate change. As this unheard of case progresses, the lead attorney told CBS’ “60 Minutes” that their information is very solid and comes from the files of the US government.

– Let’s give a shout out to Germany and places like Georgetown, TX, Greensburg, KS and Burlington, VT. Coal energy now lags renewable energy in Germany as they are on their way to eliminating coal use in twenty years. As for the three US cities, they are 100% renewable energy powered.  The CPA Mayor of Georgetown said the renewable energy model selected is more cost-effective than the fossil fuel model – so it is saving greenbacks as well.

– Let me state my being green with envy as China is investing a trillion US dollars in building trade corridors with dozens of countries around the world. This is occurring at the same time the US is retrenching from its global leadership role, leaving global multilateral agreements, denigrating allies and spending money to build a wall for an overstated problem. The symbolism is stark – China is building bridges, we want to build walls. The US is enabling an ascendant China.

– Let me close with a shout out to people with chutzpah to set forth a Green New Deal. While not perfect, it is an idea worth discussing to fashion a plan going forward.   Ignoring a problem does not constitute a plan.

Happy St. Patrick’s Day. May the road rise to meet you.

 

The ice is going to break

The title is a crucial line from a movie called “The Dead Zone,” based on the Stephen King novel. I use this line as a metaphor for ignoring real problems. Let me explain the context. The movie stars Christopher Walkien as Johnny, who because of a car accident, could see the future after touching someone. But, if the future was less clear, a dead zone as he described it, he could alter the outcome.

A boy he was tutoring was supposed to practice ice hockey on a frozen pond with his demanding father as the team’s coach. But, when Johnny touched him, Johnny saw the ice breaking. His father said that was crazy, even though both men knew the father did a background check before hiring the tutor. Johnny slammed his cane on a chess board and said “the ice is going to break!” The son stayed home, but the father went ahead with practice and four kids drowned as the ice broke.

So, Mr. President, members of Congress and various state legislators, let me state obvious problems with this metaphor in mind.

– We have a global water crisis including in the US with the World Economic Forum identifying it as a top long term risk. Farmers are having to fight harder to protect their diminishing water rights. It will be made even worse by climate change.  And, the problem is exacerbated with the significant water loss in fracking and lead pipes tainting some of the dear water.

– That climate change thing is a problem in its own right. Our federal government and several state government need to pitch in more and help. The President backing out of the Paris Climate Change Accord is as poor a decision as could have been made, especially when it came the day after ExxonMobil shareholders voted to order management to inform them on what they are doing about climate change.

– I learned today our EPA is turning a blind eye to asbestos. Since Brazil stopped production of this toxic product, we now are importing asbestos from Russia. As a metaphor for this President, each bag of toxic asbestos imported from Russia has Donald Trump’s picture on it. A toxic material imported by a toxic man from another toxic man.

– Although, debt is not an environmental concern, our so-called leaders are ignoring this huge and growing problem. As interest cost grows to a greater part of our budget, it will hinder our ability to do other things. We must spend less and increase revenue both. The math will not otherwise work,

The ice is going to break. We must heed the warnings now. If we don’t, we may be the ones who drown.