tom steyer

Fri, 2014-07-11 15:06Kevin Grandia
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Powerline & Hinderaker's Cynical Attack on Tom Steyer Likely a Welcome Diversion for Koch Brothers

The bloggers over at Powerline, led in this case by the Koch-cozy John Hinderaker, are all in a tizzy this week after the New York Times reported that Tom Steyer, a major political force in the fight for climate justice, used to invest heavily in coal mining operations.

I think Powerline has either misread the Times story or has conveniently ignored the fact that Tom Steyer used to invest in coal, but since transitioning from his career as a hedge fund manager to his new role as a full-time climate action crusader, he has divested himself of interests in carbon-intensive industries. 

This nothingburger story is being trumped up by Powerline and the right-wing echo chamber as proof of hypocrisy in Steyer's commitment to fighting climate change.

Powerline blogger John Hinderaker calls the Steyer story “epic hypocrisy.” The only thing epic here is that the seemingly intelligent Mr. Hinderaker does not understand what hypocrisy actually is

To call Steyer a hypocrite would mean Steyer was saying he is committed to fighting climate change, while behind the scenes still actively investing in things like coal mines.

But he is not. As Bill McKibben points out on Huffington Post, what Steyer did was change his mind on the issue of climate change, which is exactly the right thing to do. Like anything in life, you can change course as you get more information. 

While Powerline and Hinderaker are all too eager to criticize Steyer for ending his career as a multi-billionaire investor to devote his time to fighting what scientists are calling the greatest threat to humanity, they are at the same time even more happy to act as cheerleaders for David and Charles Koch, two men who are, in many ways, Steyer's antithesis. 

Tue, 2014-06-24 14:04Chris Rose
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Tackling Global Warming Would Increase GDP (And Save 94,000 Lives a Year): World Bank Report

High-speed train

Aggressively tackling global warming through better public transportation and increased energy efficiencies could increase global GDP by between $1.8 trillion and $2.6 trillion annually, a new report has found.

Released on Monday, the report by the World Bank and the ClimateWorks Foundation said tackling global warming now would also save as many as 94,000 lives a year from pollution-related diseases and reduce crop losses.

The report — Climate-Smart Development: Adding Up the Benefits of Actions that Help Build Prosperity, End Poverty and Combat Climate Change — shows the potential gains from scaling up pro-climate policies.

The report’s findings show clearly that the right policy choices can deliver significant benefits to lives, jobs, crops, energy, and GDP — as well as emissions reductions to combat climate change,” World Bank President Jim Yong Kim said.

Written in advance of UN Secretary-General Ban Ki-moon’s Climate Summit in New York in September, the report looks at benefits that ambitious climate mitigation policies can generate across the transportation, industry and building sectors, as well as in waste and cooking fuels. It focuses on Brazil, China, India, Mexico, the United States and the European Union.

Fri, 2014-06-06 09:38Farron Cousins
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TransCanada Cries Foul Over New Keystone XL Security Risk Analysis

It doesn’t take much to hurt the dirty energy industry’s feelings.  Less than a day after NextGen Climate released a report detailing the vulnerabilities of the Keystone XL pipeline to a terrorist attack, the company fired back at the group claiming that they were being singled out.

The report was commissioned by NextGen Climate and produced by David Cooper, a retired Command Master Chief Navy SEAL, who was part of the team that took down Osama bin Laden. 

In his report, Cooper lays out some of the easier ways in which a terrorist can take advantage of the pipeline’s vulnerabilities.  He described the pipeline as a “soft target,” meaning that it doesn’t move, it doesn’t change, and there are huge blindspots along the route. 

DeSmogBlog’s Steve Horn spoke with Cooper about the report, and you can read that story here.

Reuters has more:

Attackers could damage remote pump stations along the pipeline's route in the northern Great Plains with just 4 pounds (1.8 kg) of readily available 1960s-era explosives, Dave Cooper, a former Navy Seal, said in the 14-page NextGen report released Wednesday.

NextGen Climate was founded by billionaire and environmental activist Tom Steyer who has been a target of the dirty energy industry since emerging on the political scene where he has vowed to spend millions in the next U.S. elections to unseat climate change denying and anti-environment candidates.  

Steyer’s name being behind the report has opened up the door for attacks from the industry, and TransCanada has wasted no time in trashing the new report. 

According to The Hill, TransCanada rejected the NextGen study, issuing the following statement:

Thu, 2014-06-05 10:55Steve Horn
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Navy SEAL Commander Behind Bin Laden Killing: Keystone XL Vulnerable To Terrorism

Dave Cooper, Command Master Chief SEAL (Retired) for the Naval Special Warfare Development Group (DEVGRU), has authored a threat assessment concluding TransCanada's Keystone XL tar sands pipeline is potentially at-risk of a terrorism attack. 

In the report, Cooper concluded operational security vulnerabilities for the pipeline have been overlooked by the U.S. government. Cooper —  most famous for overseeing the Abbottabad, Pakistan Osama Bin Laden raid as the commander of Navy SEAL Team Six — wrote the report as a consultant for billionaire Tom Steyer's advocacy group NextGen Climate Action

“The very nature of Keystone XL’s newsworthiness, should it ever be built, increases its attractiveness as a target to terrorists: Keystone XL, aside from being a 'soft' target just like any other pipeline, has a built-in emotional impact that can’t be denied or wished away,” he wrote in the report's introduction.

“That simple fact, a newsworthy proposal that engenders strong passions, should clue in pipeline owners and government officials to the very real possibility of intentional attack.”

For the report, Cooper utilized a “red cell” methodology, parlance for U.S. special operations forces performing pre-mission reconnaissance, using open source data readily available to terrorists on the internet. In so doing, the special operations forces snuff out operational security (“OpSec” in military lingo) weaknesses, which they use as actionable intelligence in defense missions.

In the report, Cooper explained he “designed [the methodology this way] to showcase weaknesses in the current reality by exploiting the same information to which an outside terrorist group would have access.”

Cooper's probe included a due diligence trip out three redacted Great Plains locations*, where Phase I of the Keystone Pipeline System is currently operational (the northern leg of Keystone XL is Phase IV). Going out into the field, Cooper came away shocked by his discoveries.

His findings raise a troubling question: have real Keystone XL terrorism threats been ignored, while non-violent activists have been labeled potential eco-terrorists? Cooper offered his take on this question to DeSmogBlog.

Mon, 2013-09-16 12:50Steve Horn
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Frackademia: The People & Money Behind the EDF Methane Emissions Study

Update: UT-Austin has released the Steering Committee roster for the study. It consists of lead author David Allen, two EDF employees, and nine oil industry representatives, including lobbyists and PR staff from ExxonMobil, Shell, Southwestern Energy and more. See DeSmog's follow-up coverage.

The long-awaited Environmental Defense Fund (EDF)-sponsored hydraulic fracturing (“fracking”) fugitive methane emissions study is finally out. Unfortunately, it's another case of “frackademia” or industry-funded 'science' dressed up to look like objective academic analysis.

If reliable, the study - published in the prestigious Proceedings of the National Academy of Sciences and titled, “Measurements of methane emissions at natural gas production sites in the United States” - would have severely reduced concerns about methane emissions from fracked gas.

The report concludes .42% of fracked gas - based on samples taken from 190 production sites - is emitted into the air at the well pad. This is a full 2%-4% lower than well pad emissions estimated by Cornell University professors Robert Howarth and Anthony Ingraffea in their ground-breaking April 2011 study now simply known as the “Cornell Study.”

peek behind the curtain show the study's results - described as “unprecedented” by EDF - may have something to do with the broad spectrum of industry-friendly backers of the report which include several major oil and gas companies, individuals and foundations fully committed to promoting the production and use of fracked gas in the U.S.

One of the report's co-authors currently works as a consultant for the oil and gas industry, while another formerly worked as a petroleum engineer before entering academia.

The study will likely be paraded as “definitive” by Big Oil, its front groups and the media in the days and weeks to come.

DeSmogBlog exclusive investigation reveals the study actually stands to make its pro-gas funders a fortune in what amounts to industry-favorable data meant to justify shale gas in the public mind as a “bridge fuel” - EDF's stance on gas - now and into the future.  

Thu, 2013-06-20 07:41Kevin Grandia
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[Infographic] Debunking the Economic and National Security Myths Around Keystone XL Pipeline

Today, billionaire clean energy philanthropist Tom Steyer held a press conference to debunk the myths that the Keystone XL pipeline will lead to major economic growth and national security. 

Keystone is an “export pipeline” that would transport toxic tar sands from Alberta down to a tax-free zone in Texas and out to foreign markets.

In other words, the EU, China and Latin America get the oil, the foreign-owned oil companies get the profits and North Americans are left cleaning up oil spills and shouldering the pollution burden from extracting and refining the dirty tar sands. It's a complicated issue for sure, so I've tried to break out the main points in an infographic. Please feel free to download and share it. All the information has been fact-checked and verified by energy policy experts.

Here is the high-resolution version for download.

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