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If you think that bonuses are supposed to reward success, you’re not alone, but the reality is more bizarre.  While Energy Future Holdings, formerly TXU, of Dallas continues its downward spiral toward bankruptcy, it’s handing out millions in bonuses to its executives.

The bonuses are called retention bonuses and are supposed to keep executive from fleeing the company as its prospects worsen.  At first glance, that makes some sense.  Recruiting replacements might be difficult.  After all, who is going to want to take charge of a failing company?  But then, who would want to hire an executive whose last job was running a company that failed so spectacularly?  And if bonuses increase as the company does worse, what incentive is there to improve performance?  Against the basic principle of capitalism, this system actually provides an incentive to fail.

Meanwhile, Energy Future Holdings is still making huge payments to the private equity holders that are responsible for over leveraging the company in the first place.  Henry Roberts Kravis, CEO of KKR received $30 million and his cousin and co-CEO, George Roberts received $29.9 million in compensation for 2011.  Clearly, the survival of Energy Future Holdings is not the main concern of either these private equity barons or the executives at the company, or else they wouldn’t be squeezing personal profit out of it when it’s floundering.

While employees at Energy Future Holdings and its subsidiaries may be worrying about what the future holds, those at the top are cashing in big.  No government payments or loans to the company or altering of the energy market will change that dynamic.

Don’t let your money be used to line the pockets of failing executives and private equity CEOs.

If you live in Texas, please sign our petition urging all Texas Legislators to oppose any public or ratepayer-funded bailout of Energy Future Holdings

The Texas electric grid operator (ERCOT) has introduced an app for smartphones intended to alert Texas users about emergencies to the electric grid that could trigger rolling blackouts.  This alert system would urge consumers to conserve energy during those times.

In the midst of last summer’s record breaking heat, the Electric Reliability Council of Texas called on Texans to conserve when power generators weren’t able to keep up with extreme demand on several days. That conservation helped ERCOT avoid rolling outages. ERCOT has said it will probably have to call for conservation again this summer.  The new app will notify users of Apple and Android devices when the grid operator needs people to cut back usage to avoid blackouts.

iPhone, iPad and Android users can find the free ERCOT Energy Saver app by searching for ERCOT in the Apple and Google app stores, or you can link to the app below.

ERCOT will also use traditional methods of alerting the public about grid emergencies, but for the tech obsessed – this is a new option.  As for me, armed with my new smart thermostat, its smartphone app and the new ERCOT app, I stand ready to do my part.

Diesel exhaust causes cancer, declared the World Health Organization’s cancer agency earlier this week.

The new classification was released by an expert panel organized by the International Agency for Research on Cancer (IARC), the cancer arm of the World Health Organization. In 1989, the agency labeled diesel exhaust a “probable” carcinogen. Reclassifying it as carcinogenic puts it into the same category as other known hazards such as tabacco smoke, asbestos and ultraviolet radiation.

While the risk of getting cancer from diesel fumes is small, so many people breathe in the fumes in some way that the science panel said raising the status of diesel exhaust to carcinogen from “probable carcinogen” was an important shift, making diesel emissions as important a public health threat as secondhand smoke.

Fumes from diesel engines affect groups including pedestrians on the street, school children who ride in diesel school buses, commuters who share highways with heavy truck traffic, ship passengers and crew, port workers and fence line communities, railroad workers, truck drivers, mechanics, miners and people operating heavy machinery.

The U.S. government, however, still classifies diesel exhaust as a likely carcinogen, and diesel engine makers and car company officials are quick to say new diesel engines emissions are far cleaner, pointing out emissions from new and retrofitted trucks and buses have been slashed by more than 95 percent for nitrogen oxides, particulate and sulfur emissions.  However further studies should be done to assess any potential dangers even these lower levels of emissions might have on the public.

At this point, the U.S. Environmental Protection Agency has not received any requests to reevaluate whether diesel definitely causes cancer but their assessments tend to be in line with those made by IARC.

In 2001, the Texas legislature created the Texas Emissions Reduction Program (TERP) to reduce emissions from on and off road diesel engines. In 2007, that program was expanded to help school districts retrofit their school bus fleets. So while there have been efforts to reduce diesel emissions in the state, there are many sources of diesel emissions that are still impacting Texas communities that need to be addressed.

TERP legislation is up for review this upcoming legislative session. This new declaration by the World Health Organization makes it imperative that TERP not only be reauthorized, but be expanded to include more classes of diesel engines.

No Bailout for Energy Future HoldingsEnergy Future Holdings, formerly TXU, of Dallas might be looking for a handout – from you.

Back in January, Moody’s changed Energy Future Holdings Corp’s rating outlook to negative and made it impossible to ignore what anyone who had been paying attention to the company’s quarterly reports already knew: Energy Future Holdings is on a path heading towards bankruptcy.  Now there are rumors floating around that the company may ask the Texas Legislature to approve a public or ratepayer-funded bailout.

Neither option would benefit majority of Texas citizens and we urge everyone to sign our petition in opposition to any bailout proposal for Energy Future Holdings

You might wonder how the profitable TXU end up as the failing Energy Future Holdings.  The answer is twofold.

First, in Texas, electricity prices are set based on the price of natural gas.  When natural gas prices were high, this meant that coal-fired power plants could reap additional profit.  This made TXU an attractive acquisition because the company owned many coal-fired power plants.  But now, natural gas prices have plummeted and those same coal-fired power plants, especially the oldest and most inefficient, are dragging Energy Future Holdings down.  The private equity investors made a big bet on the wrong energy source.

The second problem is that Energy Future Holdings was acquired in a leveraged buyout.  What that means is that instead of the investors paying the full amount to buy TXU, they financed the deal partially through loans to the company.  While the company has done a good job of staving off the day of reckoning by refinancing many of those loans, many are approaching maturity and additional refinancing options are limited by the negative prospects for the company.

So, while TXU was a profitable company with relatively low debt, Energy Future Holdings is an unprofitable company (because of low natural gas prices) with massive debt (because of the leveraged buyout) that is approaching maturity.  This isn’t a good combination and some people are going to lose money on the deal (many already have).  However, those losses shouldn’t be placed on Texas taxpayers or ratepayers.

Tell your state representatives and senators that you oppose bailing out failed corporations.

Most of us have to live with the consequences of our bad decisions.  Help us make sure that Wall Street and private equity firms must do the same.

Late yesterday, in a stunning rebuke of TCEQ’s decision to deny citizens the right to show how dangerous radioactive disposal would be in West Texas, State District Court Judge Lora Livingston ordered TCEQ to reverse their decision denying the Sierra Club the right to a contested case hearing over the license granted to Waste Control Specialists to operate a radioactive waste dump in Andrews County, just east of the New Mexico border. In her order, Judge Livingston remanded the case back to the TCEQ for a contested case hearing on whether this radioactive waste can be safely disposed of in West Texas.

The Sierra Club’s won a battle in its long fight against a radioactive waste dump in West Texas when the Travis CountyJudge reversed a decision made by the TCEQ three years ago that denied Sierra Club its right to a contested case hearing on the license given to Waste Control Specialists (WCS) for the dump. Sierra Club subsequently filed a lawsuit in District Court to win that hearing, but the court date had been delayed for years.  Yesterday was the first opportunity for opponents to argue before an impartial judge about the TCEQ’s conscious decision to ignore key information about potential problems with the site. The Judge agreed that TCEQ should have granted the Sierra Club the right to oppose the license for the waste dump in a contested case hearing before state administrative law judges and now the TCEQ license has been remanded to the agency to grant the contested case hearing.

Low level radioactive waste is so dangerous that it has to be disposed of in specially designed remote and isolated sites to prevent contamination of water and air.  When Waste Control Specialists applied for a license, the staff at TCEQ reviewed the application and recommended its rejection because of their concerns about the possibility of water intrusion and contamination.  The TCEQ’s executive director overruled the recommendation of the staff and recommended issuing the license.

In light of the staff’s concerns, the Sierra Club requested a hearing on the application. That request was denied and the license was issued by two of the three TCEQ commissioners appointed by Governor Perry. Six months later TCEQ’s executive director went to work for WCS.

New information has recently come to light about the WCS site  pertaining to the potential for water to come into contact with radioactive materials. According to data provided by TCEQ., water has been detected in monitoring wells at the facility for the last several months. An expert report authored by geologist George Rice and entitled, Occurrence of Groundwater at the Compact Waste Facility Waste Control Specialists Facility Andrews County, Texas, points out that infiltration of rainwater and movement of groundwater was already occurring within the buffer zone of the “Compact Waste Site” as recently as this March.

Just last week, the TCEQ granted WCS the right to receive radioactive waste at the site and begin operations despite the Sierra Club’s appeal to State District Court.

Cyrus Reed, Conservation Director of the Lone Star Chapter of Sierra Club said, “This ruling confirms what we have been saying all along. The Sierra Club and its members in West Texas and Eastern New Mexico deserve the opportunity to show that radioactive waste dumped at the WCS site could impact people in the area through airborne radioactive particles and potential groundwater contamination. TCEQ should immediately stop operations at the WCS site and follow the judge’s order and grant the Sierra Club’s request for an expeditious but fair contested case hearing on the license for the dump site.”

Rose Gardner lives within four miles of the WCS radioactive waste facility and was represented in this case by Sierra Club. “I’m very glad about the judge’s decision, since we’ll now have a hearing where we can fully examine radioactive risks to our land and water. We now have more livestock than ever before and having the WCS radioactive waste dump nearby threatens our health and safety. TCEQ blocked this hearing before and needs to be more open with information and opportunities for citizens to participate,” said Gardner.

“This case is of national significance because the dump’s biggest investor is Harold Simmons, one of the largest contributors to Republican political campaigns and attack ads. He helped to fund the “Swift  Boat Veterans for Truth”  and  the “Obama is a Muslim”  attack ads. The Wall Street Journal has reported that Simmons has spent $18 million so far this election cycle and plans to spend a total of $36 million before the end of this cycle. Why would he spend that kind of money?  The amount and types of waste could be vastly expanded by a Republican President or Congress thus increasing the amount of money Simmons can make off of the dump and  increasing the funds he has available to donate to future political campaigns. And if anyone doubts that his political spending will pay off in favorable treatment, all they have to do is look at how successful he’s been in Texas”  said Tom “Smitty”  Smith of Public Citizen’s Texas Office.

“This is a big victory for the citizens of Texas and New Mexico. The TCEQ knew this case was likely to be decided this week, but rushed to sign off on the dump site late last month, allowing radioactive waste to start coming into Texas, showing just how much political pressure Harold Simmons, the chief financial investor of WCS, can exert on Texas politics and agencies. The first shipments of radioactive waste arrived just 10 days ago.  We call on TCEQ to act responsibly and reverse their decision granting that permit,” said Karen Hadden of  the Sustainable Energy and Economic Development (SEED) Coalition.

The SEED Coalition and Public Citizen have been actively involved in opposing the recently adopted rule to open up the WCS facility to accepting waste from the rest of the nation and continue to monitor the transparency and accountability around this rule change.

According to the National Oceanic and Atmospheric Administration (NOAA), the last 12 months have been the warmest in the U.S. since record keeping began in 1895, averaging 55.7 degrees Fahrenheit — nearly three degrees warmer than the average May-April, and depending on the numbers for May 2012, the June 2011-May 2012 period will likely surpass this 12-month record.

But more importantly, NOAA is concerned about the lack of precipitation and the development of drought going into summer and the agricultural growing season. This includes the regions of: the Southeast, the Southern Rockies and Southern Plains, and the Northeast.  But parts of Texas are already slipping back into drought status.  We hope that the current rains will help Central Texas, but we have a lot of summer to go and our groundwater levels are still at lower than levels than many communities like.

Highlights from the NOAA report:

12-month temps: Between May 2011 and April 2012 temperatures were 2.8 degrees above average, topping the earlier record of 2.7 degrees warmer set in November 1999 to October 2000. All 10 warmest consecutive 12 months have been since 1999.

Cities with record warmth in January-April include: Atlanta, Boston, Chicago, Detroit, New York City, Philadelphia, Tampa and Washington.

April temps: Last month was the third warmest April on record at 55 degrees — 3.6 degrees above average.

The monthly report follows one issued by the agency for March that found 15,000 records were broken in what is now the warmest March on record.

NOAA does not attribute the warmer temperatures solely to manmade global warming since other, natural factors influence weather as well. Instead, it notes that that the warmth is indicative of what one would expect with climate change.

Texas contributed greatly to the warmth of the nation for the past 12 months.

All-Time Record Highs (Any Month)

These Texas cities recorded temperatures in 2011 that exceeded any temperature on record for any month.

  • Amarillo, Texas – 111 on June 26 (records since 1892)
  • Borger, Texas – 113 on June 26 (records since 1949)
  • Dalhart, Texas – 110 on June 26 (records since 1948)
  • Childress, Texas – 117 on June 26 (records since 1893)
  • Austin, Texas – 112 (tie) on August 28 (records since 1897)
  • Houston, Texas – 109 (tie) on August 27 (records since 1889)

Heat Streaks & Days of 100+ Heat

  • Midland, Texas – Record 64 days with 100+ degree highs in 2011. Previous record: 52 days in 1964.
  • Wichita Falls, Texas – Record 52 straight days with 100+ degree highs June 22 through August 12. Record 100 days of 100+ highs and 12 days of 110+ highs. All previous records from 1980.
  • Austin, Texas – 27 consecutive days with 100-degree highs July 17 through August 12. Breaks previous record of 21 straight days (July 12 – Aug. 1, 2001). 85 days of 100-degree heat in 2011 breaks record of 69 days in 1925.
  • Dallas, Texas – 70 days with 100-degree heat sets new record for any year. Previous record: 69 days in 1980.
  • Waco, Texas – Record 44 straight days with 100-degree highs June 30 – August 12. Record 87 total days of 100+ heat in 2011 (old record from 1980).
  • Tyler, Texas – 46 consecutive days with 100-degree highs June 28 through August 12. 79 days with 100+ highs in 2011 also sets new record.
  • Amarillo, Texas – 50 days with 100-degree heat in 2011 sets new record for any year. 58 straight days of 90+ heat also sets new record.
  • San Angelo, Texas – 98 days with 100-degree heat sets new record for any year.
  • Abilene, Texas – 80 days with 100-degree heat sets new record for any year.
  • Houston, Texas- 24 straight days with 100-degree heat August 1 through August 24 breaks the longest streak on record of 14 days in 1980. 46 days with 100-degree heat      in 2011 breaks record of 32 days in 1980.
  • College Station, Texas – 66 days with 100-degree heat in 2011. Old record 58 days in 1917.
  • Lufkin, Texas – 62 days with 100-degree heat in 2011 breaks record of 42 days in 1998. Record 26 straight days of 100+ degree heat (previous record: 14 straight days in July 1980).
  • Del Rio, Texas – 83 days with 100-degree heat in 2011 breaks record of 78 days in 1953.
  • Victoria, Texas – 56 days with 100-degree heat in 2011 breaks record of 42 days in 1912.

While all indications are that this summer will not be as bad as last summer, there are still concerns about the state’s water supplies, the stability of our electric grid and the impact another drought, even a mild one, will have on the state’s agricultural industry.  So let’s all hope for more rain in May to fill up our lakes and our aquifers.

The wildfire season has started in Texas as two large fires rage in Jeff Davis County.  The Texas Forest Service, working with Texas A&M University, has developed a website that can provide some information about your area’s risk of wildfire and also tells you what you can do to diminish your risk.

Click here to get to the Texas Wildfire Risk Assessment site.

While the drought has diminished somewhat in parts of the state, we are not out of the woods yet.  Given the devastation of last year’s wildfires here in Texas, knowing more about your risk can help you plan for this possibility.

By Michael Tahmoressi, St. Edwards student and Public Citizen intern

Texas can be characterized as a pay to play environment.  Politicians bend to their districts business interests and gubernatorial appointees seem to be selected based on the amounts they contribute to the governor.

Contributions Equal Access and Appointments

Rick Perry has taken this to a new extreme with the deal he appears to have struck with Harold Simmons, a billionaire chemical industry mogul whose latest project is a radioactive waste repository in Andrews county Texas. Simmons single handedly pushed his project forward, boasting about it in a rare interview in 2006.  Click here to read D Magazine’s article “Harold Simmons is Dallas’ Most Evil Genius.

State engineers and geologists strongly objected to licensing the dump, expressing concern that radioactive material could contaminate groundwater in the region.  Three staff scientists at the Texas Commission on Environmental Quality resigned rather than sign off on the licenses. Nevertheless, Rick Perry spearheaded the approval of the waste dump, operated by Waste Control Specialists (WCS) and the TCEQ executive director, Glenn Shankle, approved the application, just a few months before he went to work as a lobbyist for WCS.  Click here to read Public Citizen’s report The Repository and the Risk.

The next step of the plan was to open the facility up to allow other states to dump their waste in the site.  That decision lay in the hands of the Texas Low-Level Radioactive Waste Disposal Compact Commission (TLLRWDCC), comprised of six Texas commissioners appointed by Perry.  Two additional commissioners appointed by Vermont fill out the Compact Commission.  In 2010, eleven days after Governor Perry was re-elected, the Compact Commission voted 5-2 to approve rules that would make Texas the radioactive waste disposal site for the country.

The Texas Sunset Advisory Commission flagged this potentially huge liability problem in its report on the Texas Commission on Environmental Quality:

“Texas, and not the Compact Commission nor the disposal facility licensee, holds liability for compact waste brought into the state. Low-level radioactive waste can be radioactive for a long time, and potential future contamination could not only have a severe impact to the environment and human health, but to the State, which bears the ultimate financial responsibility for compact waste disposal facility site.”

A Texas observer article goes on to explain that the state would not only be forced to take care of any potential contamination problems but also the closure of the waste dump. This is clearly illustrates the biggest problem in our state the power does not lie in the hands of the people but in the business sector. Click here to read the article from the Texas Observer.

Double Dipping: An Acceptable Practice?

The case of State Represenative Joe Driver, (R-Garland) is another example.  Driver, who was convicted of felony abuse of official power, admitted in an interview in 2006 that he pocketed taxpayer money for travel expenses that his campaign had already paid. Click here to read the Texas Tribune article.  For years he had been double dipping, submitting the same receipts to his campaign and the state for airline tickets, meals, incidentals; collecting thousands of dollars in state mileage reimbursements for travel in vehicles for which his campaign had already spent more than $100,000 since 2000. This resulted in his campaign covering these travel costs, while he pocketed the profit by reimbursing himself with taxpayer money.

The Attorney general has not done enough to stop criminals like Driver.  Abbott’s ethics probes have been terribly inadequate.  Of the 57 probes he has started since his term in office began in 2002 only half of those resulted in convictions and a majority of those were for only minor infractions.

Abbott is a power broker with a political war-chest of over 8 million dollars.  Ninety nine percent of that can be traced back to business interests, more than $1 million from the business sector with the top contributors Houston homebuilder Bob Perry who gave the attorney general $470,265 in addition to Houston’s John Nau, Kenny Troutt, who made a fortune from his Excel phone company and energy and water investor T. Boone Pickens following close behind.

Texans need a justice agency they can trust to stop this hijacking of our democracy politicians that are either being rented by big business lobbies or are trying to get a cut of the action.

It Was A Gift, Not a Contribution

Legislative power broking has become normal practice in Texas.  Lobbyists’ daily activities in the capital involve massaging the backs of legislative members and their staff with gifts of food and activities, and functional bribes, in the form of monetary campaign promises or the problem State Representative Kino Flores (D-Palmview) in the valley encountered.

Flores had been receiving money from local businesses for years and not properly filing required reports on them. He was indicted for accepting gifts and failure to report them to the state. Overall, he failed to disclose $115,000 to $185,000 of income each year from 2004 to 2009.

Blatant corruption taints our democracy, how can citizens believe in their governments officials to manage the state, when the balance of power has gradually shifted to the moneyed elite. The general population is so removed from policy implementation they usually only show interest in issues that directly affect them; making it appear that they are okay with a level corruption when the reality is that they are unaware of the corruption or feel powerless to do anything about it. This is inherent to our economic system that demands efficiency and results at the expense of ethics.

Politicians for Sale or Rent, Rooms to Let – 50 Cents

Politicians aren’t for sale in Texas, they are for rent.  There was a study done by Larry Bartels professor at the Woodrow Wilson School of Government about economic inequality and congressional response. Bartels found that senators are more likely to respond to concerns brought forward by members of the top ⅓ of their district’s total constituency. Bartels also found that senators never voted or responded to the concerns of the lower economic ⅓.  Click here to read the report.

If the game is rigged towards the top ⅓ of our population because money buys influence, what are the rest of us supposed to do to get our voices heard? 

Tom “Smitty” Smith of Public Citizen and 15 other advocates from legislative watchdog groups had an answer. On April 10th, testifying in front of the Texas Sunset Advisory Committee they urged the committee to make the Texas Ethics Commission (TEC) an enforcement agency and to expand their authority to investigate beyond minor infractions.  In addition, they recommended that a TEC enforcement director be given greater authority to subpoena records, that the legislature expands what is disclosed by candidates each election cycle and that they create a limit on the amount that individuals can contribute.

Public watchdogs speaking out against corruption at the TEC Sunset hearing is tantamount to sustaining what is left of our democracy in Texas. It’s impossible to place personal responsibility on the people for not participating in rooting out corruption because the power is not in their hands and the very folks responsible for representing them are being bought by big business groups.

Public Citizen and other watchdog groups are the vanguard of citizens who are committed to accountability.  We hold those in the government, who believe their positions put them above the law, accountable and demand that there be a reverse in the flow of power back to the people.  Public hearings like the one on April 10th allow us the ability to present our grievances.

The system may be sluggish and cumbersome, but Public Citizen is committed to maintaining and expanding a network of allies who are committed to holding Texas government officials accountable for the misuse and abuses of power.

The Electric Reliability Council of Texas (ERCOT), the state grid operator and manager of the wholesale electric market, hit a new wind record of 7,599 MW on Wednesday, exceeding the previous record set the previous day by almost 200 megawatts (MW).

At the time of Wednesday’s record, wind was supplying 22 percent of the 34,318 MW total system load for the state.

Coastal wind farms supplied 1,018 MW of the new record, along with 6,581 MW from the west and north zones. ERCOT currently has 9,838 MW of installed wind capacity – the highest of any state in the US – including 7,531 MW in the western part of the state, 232 MW in the north, and 2,075 MW in the coastal region.

March is typically a high wind month for Texas, but these new records are also due in part to a new transmission analysis tool that allows the grid operator to move more wind energy from the west zone.

The installed wind capacity that feeds into the Texas grid increased last month by 9 MW with the addition of Harbor Wind in Nueces County. More than 18,000 MW of wind generation projects are currently under review, according to ERCOT’s February system planning update.

And now, the first interconnection agreement for a CREZ (Competitive Renewable Energy Zone – transmission lines that bring renewable energy to the rest of the Texas Grid) substation was completed March 27, 2012, between Wind Energy Transmission Texas and Stephens Ranch Wind Energy.  The Interconnection point is the Long Draw Substation in Borden County.  This wind farm will include 233 turbines for total of 377 MW that is scheduled for commercial operations to begin in November 2013.

As new wind projects come online and transmission lines to bring their electricity to the grid are completed, we can expect to see more wind energy records broken.

According to the Fort Worth Weekly, the Keystone pipeline company wants to run roughshod over Texas landowners – and maybe Texas law.

Fort Worth Weekly Cover 4-11-12

Julia Trigg Crawford on the Cover of Fort Worth Weekly

When someone from the Canandian company, TransCanada, asked the Crawford family in 2008 about an easement to lay pipeline across their farm on the Texas bank of the Red River, the family wasn’t interested.  When they said “no”, as they had for previous pipeline requests, Transcanada surprised them by condemning the land it wanted.  Since then, the Crawfords have been in a legal battle with this multi-national corporation questioning their claim that TransCanada has the right to take, by eminent domain if necessary, any land they want to lay pipe on.

Click here to read the full story from the Fort Worth Weekly about Julia Trigg Crawford’s battle to keep the foreign company TransCanada from siezing part of her land.

Harold Simmons built a West Texas dump for radioactive waste that is bigger than 1,000 football fields, paid out hundreds of thousands of dollars in campaign contributions and got a permit for it in Texas, and is now working to fill it.

To turn it into a profitable enterprise, the Texas billionaire has now hired lobbyists to urge the Obama administration to expand the types of nuclear waste, including depleted uranium, the dump can accept and award his company disposal contracts.

Click here to read the Bloomberg story on the influence of money on this regulatory issue.

Click here  and here and here and here, to read earlier blog posts about Harold Simmons, his Texas political contributions and the WCS radioactive waste dump.

MSNBC reports that a scientific paper published in the peer-reviewed journal Nature on Wednesday concluded that during the end of the last Ice Age (12,000 years ago), global temperatures rose after carbon dioxide levels started to rise.  This provides even more scientific evidence that there is a connection between warming temperatures and rising carbon dioxide.

For this study, which was funded by the National Science Foundation, researchers reconstructed temperature records from ice and soil cores at 79 sites around the world from around the same time period.

Earlier studies postulated that changes in Earth’s orbit may have triggered the warming trend by causing ice sheets to melt, but the new study suggests CO2 played a more important role.

Click here to read the MSNBC story that also includes comments by skeptics.

The New York University School of Law’s Institute for Policy Integrity has released a new reportThe Regulatory Red Herring: The Role of Job Impact Analysis in Environmental Policy Debates. The study finds that claims of jobs that stand to be gained or lost due to environmental regulations require much closer scrutiny than they’re given. Very often these claims are made dramatically out of context, based on economic analyses that may not have been meant to support them.

The report goes on to say there are ways that cost-benefit analysis can more accurately evaluate the effect of environmental regulation on layoffs and hiring. But frequently, the tendency is for jobs impact models to be used in ways that are not helpful in debates over environmental protections. Results are sometimes cited without calling adequate attention to their limitations and assumptions even though different modeling choices can lead to drastically different conclusions.

EPA’s recent regulations, which have come under attack for “killing jobs,” have all gone through economic analysis and have been vetted by the White House Office of Information and Regulatory Affairs. For example, the Boiler MACT Rule is estimated to deliver between $22.2 billion and $54.5 billion in benefits per year, including the avoidance of thousands of premature deaths and cardiopulmonary illnesses annually (as well as significant, non-monetized ecosystem and mercury reduction benefits); by comparison, only about $1.9 billion in costs are expected.

Below is a table that shows the analysis for several EPA regulations.

Annual costs and benefits of sample EPA regs

In each instance, the benefits outweigh the costs.  Click here to get the full report.

The Dallas Observer is reporting that there is a good chance that Energy Future Holdings (EFH) (or TXU for most of us) the state’s largest power generator, will go broke – click here to read their story.

The question now becomes – are Texas ratepayers going to have to pay for EHF’s bad bet?  Two weeks ago, in an op-ed by Public Citizen’s Texas director, Tom “Smitty” Smith, and its policy and outreach specialist for coal and renewable energy, Kaiba White, they wrote about this question.  We have published that op-ed below.

Energy Future Holdings is going broke because of coal and it may be time to pull the plug on the old and dirty coal plants that are bankrupting the company.

Utility after utility has looked at the future of coal and made the decision to retire more than 100 coal plants rather than to retrofit them. If we wait for them to go bankrupt, the choice will be made by the courts, who will sell the plants to the highest bidders and you’ll pay the price in higher costs and unrelenting air pollution.

Energy Future Holdings bet on the wrong fuel when it bought the old TXU. The company got smoked.

TXU was worth about $32.3 billion; EFH paid $45 billion at a time when the price of natural gas was high and the cost of coal was lower than it is now. Today, the costs are reversed. Natural gas prices are at a 10-year low and it’s now cheaper to generate electricity with gas or wind than it is with older, inefficient coal plants. EFH’s generating subsidiary Luminant is very dependent on coal and, as a result, EFH is losing money quarter after quarter, and is losing customers as well.

The losses can’t go on much longer. The big Wall Street analysts and even Warren Buffet, a major EFH investor, are predicting that this company will fold unless natural gas prices rise.

We have known for years that pollution from the big coal plants to the south and east of the DFW area affect air quality in North Texas. Pollution from Big Brown, Martin Lake and Monticello, all owned by Luminant, was estimated to cause 136 early deaths; 204 heart attacks and 149 asthma hospitalizations a year, according to an Abt Associates study commissioned by the Clean Air Task Force in 2010. These three plants are the largest sources of sulfur dioxide emissions in Texas and are some of the worst in the country. They also graced the EPA’s top 10 list for nitrogen oxides emissions in Texas.

For more than 20 years the EPA worked on the recently announced rules to reduce pollution from power plants. In order to meet the lower emissions limits, EFH estimates it will have to spend $1.5 billion on pollution controls. The Sierra Club estimates those controls could cost as much as $3.6 billion.

EFH doesn’t have the cash or credit to retrofit these plants. So it has gone on a PR warpath, claiming that the new pollution rules will make the lights go out. Officials are just blowing smoke. We predict they will ask the Texas Legislature to bail them out. Lawmakers shouldn’t rescue these Wall Street slicksters who made a bad investment.

Other Texas coal companies have begun to invest the money and add the pollution control devices needed. CPS of San Antonio looked at the cost to upgrade one of its old coal plants and decided to retire it and invest the money in renewable energy projects, rather than sink the cash into an outdated technology.

Just two weeks ago, GenOn Energy announced it was closing eight coal plants in three states between June 2012 and May 2015 because it would be less expensive to shut them than to fix them up to protect public health.

So what do we do to keep the lights on in Texas? CPS in San Antonio has a plan to replace its old coal plants and create local jobs with energy efficiency, solar and wind energy, and a new natural gas plant. Utilities across the country are doing the same because it’s cheaper than fixing up their old coal plants, reduces healthcare costs and creates local jobs rather than ones at Wyoming coal mines.

The Texas Senate will be studying this issue over the next several months and should develop a plan to reduce air pollution and the risk of bankruptcy while developing new cheaper ways to meet Texas’growing energy needs. But money talks, and EFH has long learned it’s cheaper to invest in politicians and lobbyists than pollution controls. Texans should call their senators and tell them not to let EFH’s smoke get into their eyes. Your tax dollars shouldn’t be used to bail out Wall Street bankers

We’d like to know what you think.            [polldaddy poll=6090363]

With the Texas Low Level Radioactive Waste Disposal Compact Commission (TLLRWDCC) approving rules that open up of the WCS dump site to out of compact waste, we may soon see low level radioactive waste from Nebraska Public Power District’s nuclear facility heading to Texas.

The deal between WCS and Nebraska’s Cooper Nuclear Station still must be finalized, but the waste they are looking to send would include radioactive resins, filters and other equipment.  Currently, low-level waste from Cooper Nuclear Station is stored in on-site pools that also hold used nuclear fuel rods because no other disposal site took either out of compact waste, or did not take the “hotter” C level waste.

With the opening up of the Texas waste site, you can bet other nuclear power plants around the country are looking to free up space in their spent fuel pools as these aging plants near the end of their planned life.  Many of these plants are at a point where they are looking to get relicensed, and with the lack of a national respository for the spent fuel rods, will need to show that they have adequate on site storage for another 20 years of spent fuel.  Removing “low-level” radioactive waste from on site is going to be important to that process, and Texas is looking good to them as an option to making that happen.

While there was concern about there being enough room at the WCS site for Texas and Vermont (the two states in our Compact), the commission set aside space for our two states, however you can be sure other states will be clamoring for what’s left.  Then what – an expansion of the site?

Oh, just another thing to ponder over.  The San Antonio Current reported in their Que Que blog that in 1992, an earthquake measuring 4.7 on the Richter scale struck Lea County, New Mexico, just across the Texas-New Mexico border from the radioactive waste dump operated by Waste Control Specialists in western Andrews County.