ThinkProgress Logo

Climate Progress

What Would U.S. Climate Advocates Consider A Political ‘Win’ In Today’s Elections?

Democrat Jay Inslee, a gubernatorial candidate in Washington State, is considered a "Climate Hero."

Once upon a time, both Republicans and Democrats saw climate change as a problem. For a fleeting moment last election cycle, candidates across the board talked about the problem and supported implementing policies to do something about it.

But that (often tenuous) bipartisanship has completely reversed. As GOP lawmakers tiptoed away from their earlier support for climate action in recent years — with many eventually moving toward outright rejection of the science — the issue has become almost entirely partisan. Some former Republican lawmakers are trying to bring their party back around, but there are very few signs that climate will become less politicized after the election.

So in today’s election, a “win” in the eyes of climate advocates largely means a “win” for Democrats. As a result, environmental groups have targeted key races that will put Democratic environmental champions in office and limit the influence of Republicans with poor climate records.

Below are some political outcomes environmental groups have been pushing for that might favor climate action in the coming years.

1. Passing the Proposal 3 ballot initiative in Michigan.

This is one of the toughest fights for clean energy advocates this election. Proposal 3 is a ballot initiative in Michigan that would amend the state’s constitution and increase renewable electricity targets to 25 percent by 2025. The proposal initially had majority support from voters and a high profile endorsement from Bill Clinton. But after the state’s two largest utilities and the Koch-backed Americans for Prosperity raised more than $25 million to defeat the measure, sentiment has shifted in the other direction.

In a year when clean energy has become a major political attack point, Michigan’s ballot initiative was billed as a Big Deal for establishing positive momentum. But proponents were outspent 2-1 by coal-heavy utilities, significantly weakening their campaign. If the current polls are any indication, this will be a loss tonight.

2. Defeating members of the “Flat Earth Five.”

In July, the League of Conservation Voters rolled out a $1.5 million campaign to defeat members of Congress who deny that climate change exists. Dubbed the “Flat Earth Five,” the list of Republicans includes Anne Marie Buerlke (NY), Dan Benishek (MI), Dan Lungren (CA), Francisco Canseco (TX), and Joe Walsh (IL). These five candidates represent only a small number of climate deniers in the House of Representatives. But they are more vulnerable than others, and LCV specifically targeted them for their climate views in order to influence tighter races.

In a Politico op-ed today, LCV’s President, Gene Karpinski, outlined the organization’s strategy for targeted ads and mailers: “Coming into this daunting election cycle, LCV understood that we could never match our deep-pocketed opposition dollar for dollar. But we knew from extensive polling that voters are with us on the issues; they strongly support clean energy and want leaders who will confront the challenge of global warming.”

The outcome of these House races will be an indicator of how well this strategy worked.

3. Electing “Climate Heroes” to office.

Read more

Economy

American Taxpayers Paid $10 Billion More For Sports Stadiums Than Forecast

Taxpayer-financed sports stadiums and arenas cost $10 billion more in 2010 than cities and states originally forecast for the projects, and the overall cost of land, infrastructure, and maintenance is far higher than what the sports industry typically reports, according to a new study from Harvard urban planning professor Judith Grant Long:

The costs of land, infrastructure, operations and lost property taxes add 25 percent to the taxpayer bill for the 121 sports facilities in use during 2010, increasing the average public cost by $89 million to $259 million, up from $170 million commonly reported by the sports industry and media, she writes in the book “Public/Private Partnerships for Major League Sports Facilities.” [...]

Long’s analysis added costs such as those for land, infrastructure and lost tax revenue, while subtracting money that flows back to states or cities from revenue or rent payments.

According to Long, three of the 121 sports stadiums and arenas have costs that now exceed 100 percent of their original building price: Lucas Oil Field, home of the Indianapolis Colts, Paul Brown Stadium, home of the Cincinnati Bengals, and Miller Park, home of the Milwaukee Brewers. In Cincinnati, public financing of Paul Brown Stadium forced the city to sell off a local hospital to finance its debt.

Baseball and football facilities, at roughly $480 million each, cost the most to build and maintain, Long found. As ThinkProgress has noted, just one of the National Football League’s 31 stadiums was built without any public funding whatsoever. When public-private partnerships are used to build such stadiums, Long found, taxpayers finance more than three-quarters of the investment, with teams and owners picking up just 22 percent of the tab.

Arenas and stadiums rarely live up to the promises teams, owners, and city politicians use to justify their construction. Cities are often left holding unsustainable amounts of debt because the economic development that is promised never shows up, and as a result, other services that provide more benefit to taxpayers are slashed to pay the bills.

Justice

Colorado Secretary Of State Under Investigation For Taxpayer-Funded Trip To GOP Voter Suppression Meeting

Secretary of State Scott Gessler (R-CO)

Secretary of State Scott Gessler (R-CO)

The Denver District Attorney and and Colorado’s Independent Ethics Commission will investigate allegations that Colorado Secretary of State Scott Gessler (R) improperly used taxpayer dollars to travel to a Republican election law event hosted by a pro-voter suppression group and to his party’s national convention.

Gessler was elected in 2010 on a platform of fighting “election fraud” — a largely non-existent problem — and of guaranteeing “fair and open elections.” But, the Coloradoan reports, he traveled in July to a Republican National Lawyers Association election law conference which included a panel presentation on the role of states and voter ID laws and charged $1,105.17 for the trip to his office budget. He also requested and received reimbursement from his office’s discretionary fund to pay for his travel to the Republican National Convention in Tampa in August. Colorado forbids such expenditures for personal or political purposes and violations could constitute a misdemeanor.

The Associated Press reported Tuesday:

Gessler’s office responded to the announcement of the review Monday by saying, “We welcome a thorough review.”

Colorado Ethics Watch filed a complaint last month against Gessler that alleged he misappropriated public funds because he was reimbursed for attending political events.

Independent Ethics Commission Jane Feldman says the amount of money in question is $1,570.51. She says Gessler could be fined up to double that amount if he is found to have violated rules.

The Denver District Attorney’s office has launched a formal criminal investigation.

The Republican National Lawyers Association claims its mission is “advancing open, fair and honest elections,” but has strongly advocated for strict voter ID laws to combat “voter fraud.”

When actually in Colorado, Gessler has spent much of his time pushing a failed voter purge which found at most 35 cases of non-citizen voting out of the 2,401,462 total votes cast in the state’s 2008 presidential election — less than 0.0015 percent of the vote.

Economy

No, Chrysler Workers Do Not Have Election Day Off Because Of Obama

Chrysler workers are off today in order to cast their Election Day ballots, which prompted Politico to claim “the car company that attacked Mitt Romney for falsely claiming it was moving operations overseas is going a step further, ostensibly for President Obama.”

Chrysler’s CEO did publicly rebuke Mitt Romney after Romney ran ads claiming that the company was moving American jobs to China. However, as Reuters’ auto industry reporter Deepa Seetharaman noted, the Big Three auto companies — General Motors, Chrysler, and Ford — have given their workers Election Day off since 1999:

”It’s not a holiday; it’s a day to show you’re a good American citizen,” said the president of the United Auto Workers at the time the day off was implemented.

Chrysler workers feared for their jobs after Romney ran misleading ads suggesting that their jobs would be sent offshore. In a letter to the Detroit News, Chrysler CEO Sergio Marchionne wrote, “Jeep assembly lines will remain in operation in the United States and will constitute the backbone of the brand. It is inaccurate to suggest anything different.”

Health

Three Crucial Obamacare Rules That Don’t Depend On Who Wins The Election

Throughout the presidential campaign, there’s been a lot of talk about either keeping or repealing Obamacare — but the fact is, no matter who wins today’s election, the implementation of some pieces of President Obama’s health care reform law will have to move forward.

The Obama administration — which has been steadily issuing final “rules” for implementing Obamacare components as the different pieces of the health law take effect — will likely unleash a flood of new regulations after tonight’s election results. If President Obama wins a second term, that process could extend into 2014. But if Mitt Romney wins, the regulations will be issued at a much faster pace in an effort to get as many Obamacare rules finalized before a Romney administration would have the chance to potentially undo them. This means that HHS would have to finalize those rules before November 22nd, 60 days before Romney’s inauguration.

Regardless of who wins the presidency, HHS is almost guaranteed to issue new rules on these three core Obamacare elements in the coming month or so:

1) Statewide health insurance exchanges. States have until November 16th to decide if they plan to establish their own exchange, an exchange created in partnership with the federal government, or an exchange created entirely by the federal government. Although HHS has some guidelines for the basic structure of the exchanges, it still has to finalize the details on how it will partner with states to create “federally-facilitated” exchanges without confusing Americans.

2) Essential health benefits. After setting up the rules for how the health exchanges will function, HHS will have to specify which insurance policies will be covered under them. Insurance plans under the exchanges will have to meet federal standards across ten “essential benefit” categories, including preventive care, emergency services, maternity care, and prescription drugs. But states have leeway to decide what benefits should fall under those categories, and the federal government may have to provide states with more guidance about the minimum coverage they need to be offering to their residents.

3) Part-time workers and employer-provided health benefits. Obamacare requires large employers to offer full-time employees a minimum level of health benefits or pay a fine — but some companies have been toying with the idea of shifting more workers to part-time status in order to avoid the extra coverage costs. This would be a devastating labor practice for the low-wage workers who cannot afford private insurance but are not poor enough to qualify for Medicaid — and often work nearly as many hours as their full-time co-workers. HHS will likely issue rules to either prevent this kind of benefit-dodging or encourage large employers to insure part-time workers.

These are only some of the rules that HHS will have to consider very soon — others include instructions for states’ Medicaid expansions and contraception requirements for religious institutions. No matter who reaches 270 electoral votes tonight, states and health care providers across the country still need more details from HHS to effectively implement the health reform law’s various moving parts.

Alyssa

Wait For Returns With Idris Elba In A Mumford And Sons Video

Idris Elba poaching eggs and hanging out on the beach and having great ties is basically the inverse of waiting for election results, so have that instead of tuning in to whatever television station is not going to actually have useful, anxiety-dispelling information to offer you yet:

Hang in there. I’ll be over on the main page liveblog keeping an eye on media coverage and other shenanigans.

Climate Progress

How Big Oil Spent Part Of Its $90 Billion In Profits So Far In 2012

by Daniel J. Weiss and Jackie Weidman

Lingering high oil and gasoline prices contributed to another quarter of huge profits for the big five oil companies: BP plc, Chevron Corp, ConocoPhillips, ExxonMobil Corp, and the Royal Dutch Shell Group. They earned a combined $28 billion in the third quarter of 2012, reaping more than $90 billion in profits through the first three quarters of the year. (see Table 1) As they did last year, the “big five” are on track to easily exceed $100 billion in profits this year.

What makes this figure all the more staggering is that these companies actually produced less oil in 2012 compared to 2011. The big five oil companies’ total oil production in the third quarter was 5 percent—or 400,000 barrels per day—lower than in the third quarter of 2011.

And despite such impressive profits, U.S. taxpayers are still subsidizing these companies. In 2012 the Congressional Joint Committee on Taxation estimated that these big five oil companies would receive $2.4 billion in special tax breaks. The three U.S. oil companies among this cohort—Chevron, ConocoPhillips, and ExxonMobil—also pay a relatively low effective federal tax rate. Reuters reports that in 2011 these three companies paid 19 percent, 18 percent, and 13 percent effective federal tax rate, respectively. These oil companies’ tax rates, Reuters concluded, are “a far cry from the 35 percent top corporate tax rate.”

So what benefits do these profits produce? Do they create new jobs, as those advocating for the tax breaks and lower corporate tax rates would lead us to believe? Not exactly. Between 2005 and 2010—the last year for which data is available—the “big five” reduced their workforce by 11,200 employees, according to a report by the Democratic staff of the House Natural Resources Committee. And the profits certainly haven’t been used as a buffer to lower gas prices, which are still hovering around $3.50, according to the American Automobile Association. Instead, the companies used these enormous profits on some other activities.

Read more

Economy

American Bank Lobbyists Freak Out About Financial Transactions Tax In Europe

Several European countries have announced their intention to implement a financial transactions tax — a small fee on stock trades meant to raise revenue and slow down some of the high-frequency trading that has come come to dominate world markets. Some U.S. lawmakers have proposed doing the same here, but the idea has gained little traction.

That, however, has not prevented U.S. banks from freaking out about the possibility that Europe will go it alone:

The U.S. financial industry is growing increasingly concerned that a European push to establish a tax on financial transactions could end up on American shores.

The group of investment and business lobbies warned Treasury Secretary Timothy Geithner on Tuesday that while they appreciated the Obama administration’s “sensible” opposition to such a tax, a growing movement in Europe to impose one could throw fragile markets off kilter. [...]

The letter was signed by the Securities Industry and Financial Markets Association, the Financial Services Roundtable, the U.S. Chamber of Commerce and the Investment Company Institute.

A transactions tax, in addition to raising much needed revenue without causing economic damage, would throw some sand in the gears of high-frequency traders. Even one of high-speed trading’s pioneers has admitted that such activity does nothing for the economy: “We are competing at milliseconds,” he said. “And whether you can shave three milliseconds of an order, has absolutely no social value.” 52 financial industry experts, including several former executives at the nation’s biggest banks, said in a letter that a transactions tax “will rebalance financial markets away from a short-term trading mentality that has contributed to instability in our financial markets.”

NEWS FLASH

Spain Reaffirms Marriage Equality in Constitutional Court Ruling | Today, Spain’s Constitutional Court, its highest court, solidified marriage equality by ruling that gay marriage was protected under the Spanish Constitution. While same-sex marriage has been in legal for seven years, its passage incensed hard-line elements of the Roman Catholic Church and conservatives within the Spanish government to continue fighting it. The appeal, struck down in an 8-3 ruling, was filed by the conservative Popular Party less than 6 months after it was passed, in spite of 66 percent of the Spanish population supporting the measure.

- Nate Niemann

Climate Progress

The Insurance Industry Is Finally Waking Up And Smelling The Climate Chaos Coffee

by Anne Polansky

Several days before Sandy made landfall, my home-insurer sent me a love note: “Hurricane Sandy is on her way,” said the email, “and you may be impacted.” But not to worry: “We’ve got you covered.” Whew!

Who are the less fortunate, I wondered, that are not getting such reassuring messages, and are not adequately covered for damage associated with extreme weather? More broadly, what is the increasingly risk-exposed insurance industry doing to prepare and plan for increasingly intense extreme weather fueled by climate change?

The answer is, not surprisingly, much, much too little.

Most homeowners’ policies now specifically exclude coverage for floods (including mine in a low-lying DC suburb). Property owners in flood-prone areas, officially designated by the federal government, now must purchase flood insurance through FEMA’s National Flood Insurance Program. Others outside these zones can buy from NFIP as well. But controversy and some shady local politics have created bizarre situations where small, low-lying wealthier neighborhoods near bodies of water lie mysteriously just outside the boundary of the nearby designated flood areas — after all, being prone to floods is bad for real estate values. And, illogical beyond comprehension, the oldest most vulnerable properties that flood over and over and over again, year after year, have historically been charged lower NFIP premiums than homes in less-risky areas.

General poor planning and anticipation has created a dire situation in which the NFIP is itself under water, according to a Nov. 2 Washington Post editorial: “At the moment, the NFIP has access to about $4 billion, plus a $20.8 billion credit line with the U.S. Treasury — of which it has already borrowed $18 billion.”

In other words, sunk. Gotta make that call to Mom & Dad Uncle Sam again. How did this happen?

Read more

Older

Newer

Switch to Mobile
ThinkProgress Signup Overlay Skip and Continue to ThinkProgress Skip and Continue to ThinkProgress

Sign Up