There are times when corporations do attempt to do the "right thing" even if that means adding costs. Note, that the only thing that drives this is consumer demand. When facing a threat of extinction, a company will do what it has to in order to survive. That process, however, takes decades, and not every issue has that long.
Nestle imposes animal welfare standards for suppliers
"'We know that our consumers care about the welfare of farm animals and we, as a company, are committed to ensuring the highest possible levels of farm animal welfare across our global supply chain,' said Benjamin Ware, manager of responsible sourcing for Nestle.
The commitment by the world's largest food and beverage company could potentially ripple across the industry and force smaller firms to adhere to the same practices, animal advocates said."
More often, companies will do whatever is most expedient to achieve or increase profitability (note: that is not a disparaging remark, for in our society and economy, that is precisely all we currently as of business, and all they are good at doing), regardless of the environmental impact. Only when the purchasing power of those affected reaches a critical mass will the companies act...or when something large enough to affect its business acts (hint: that's government).
Frackers are sending sludge to the Mitten State
"Now, the radioactive sludge that was being turned away by Pennsylvania was on its way to Michigan, home to 84 percent of the country’s aboveground freshwater supply. LuAnne Kozma began to do some digging. She had begun studying up on and organizing against Michigan’s nascent fracking boom two years ago, after hearing ominous stories from family in New Jersey. This was a new wrinkle."
Too often, governments require a catastrophe in order to see the need for action. Even then, as this case exemplifies, many favor taxpayer-funded solutions for the mistakes of the shareholders and managers. Letting companies off the hook for their mismanagement - and frankly, their negligent endangerment of people - is something we would never allow in treating an individual person who jeopardized the life of another. We should not tolerate it of companies.
NC lawmakers pass coal ash legislation; adjourn after very long short session
"Rep. Paul Luebke argued that state leaders needed to say, loud and clear, that Duke and its shareholders – not its customers – should at least pay to clean the highest-risk sites by removing the ash to a lined landfill, by using it in certain construction projects or by installing a liner beneath the ash.
“If they’re high risk now, it means for a long time they were risky to the public. For a long time the public was hurt by contamination in groundwater,” the Durham Democrat said on the chamber floor.
In response, Rep. Mike Hager, Republican majority whip, pointed out that the N.C. Utilities Commission would handle any request for a rate increase, with opportunity for the public to have its say."
One of the more broken features of the current utility model (especially in states where utilities still own electricity generating or energy producing assets) is that these monopolies have been allowed to assume that any cost associated with a current asset can be passed onto their rate payers (citizens who have no choice but to pay them or do without power). Kudos to OPU for demanding that the utility consider all alternative investments to the status quo...both to protect rate payers and public health.
Oregon Public Utilities Commission increases scrutiny on Pacific Power's coal plants
"In 2012, the Oregon PUC disallowed $17 million dollars that PacifiCorp was seeking from its customers for expensive retrofits on its aging coal plants without first fully vetting the alternatives. During the deliberations on their 2013 Integrated Resource Plan (IRP) they were warned by the commission that they were headed for a 'trainwreck of a rate case' if they continued to invest heavily in out-of-state coal plants without first presenting their plans to the PUC for proper analysis. In July of this year, the PUC refused to acknowledge Pacific Power’s expenditures at two units at the Jim Bridger coal plant in Wyoming and one unit at the Hunter plant in Utah, a strong signal that the company will have a difficult time recouping those expenses, protecting Oregon customers from higher rates."
The great thing about analyzing the German governments three-year plan for energy transition, and debating some of its many shortcomings is...THEY HAVE A PLAN!!!!
There's a reason that countries like Germany and China will fly past the US economically if we do not act soon...they recognize the impact that energy has on their economy, and Germany specifically is doing something about it. I would LOVE to be debating the shortcomings of US energy policy....but we do not have one, so I cannot.
German government’s three-year Energiewende plan
"Germany could easily do more, as could the EU. Brussels repeatedly calls for greater cross-border power trading, but where is the call for EU transport policy? I can’t take a night train, say, from Frankfurt to Rome or Madrid. Trains continue to be stuck in national systems, and no one is complaining. Instead, Switzerland is the driver behind overnight trains with its City Night Line, but it has been reducing the number of connections in recent years, not increasing them.
So yes, the chart above does have a wide scope. But it is not exhaustive. There is still a lot of room for improvement."
Happy Friday!
We hold onto a shaky hope that the use of fossil fuels to power our lives has little to no consequence on our quality of life. The truth is far more certain: our reliance on fossil fuels harms our lives, albeit unequally. For those with the means to live far from threatened areas near mines, power plants, and waste facilities, life goes along without complaint. For those not so lucky, they at best lead a life that is less healthy, and at worst die younger than those more fortunate.
When the rivers run black
"The result is that the exhaust that emerges today is far cleaner than it was decades ago. But cleaning up the airborne emissions means that the solids remaining after the burn are far dirtier than before. In fact, coal ash is often loaded with arsenic, mercury, lead, and other contaminating elements. A 2012 study published in the journal Environmental Science & Technology found that cleaner air emissions are traded for 'significant enrichments of contaminants in solid wastes and wastewater discharged from power plants.'"
The anti-regulation economist believes that in the absence of regulation, business will always do what is best for quality of life because its customers will demand it do so and business always responds to its customers. Except, that what its customers don't know....
Activists catch power plant on hidden camera
"...a hidden camera set up by the Sierra Club ... shows a power plant regularly discharging coal ash pond water into the Ohio River, apparently permitted via a very liberal interpretation of the meaning of 'occasional.'"
The coal industry requires subsidies to stay profitable. An industry over a century old still needs government help to remain afloat. If you think that to be a bunch of environmentalist lies, here is but one example of the over $650 billion in worldwide subsidies to the fossil fuel industry.
Why are we hauling Pennsylvania coal all the way to Germany?
"'The industry was struggling, and the Pennsylvania delegation wanted to do something to help it,' says Jim Dyer, who today is a lobbyist with the Podesta Group, but began his career four decades ago in the office of Pennsylvania Republican Rep. Joseph McDade. 'The one way it could help it was ... to get the federal government interested in buying some of it.'"
Even with these subsidies, we know that the coal industry - without a game changing technology breakthrough that addresses the myriad health and environmental issues - cannot survive economically. This is not conjecture, but a fact of the marketplace.
Pacific Power's reliance on coal sends Oregonians' electricity bills soaring
"The OPUC hearing comes in light of Sierra Club’s analysis of reports from the Edison Electric Institute (EEI) showing that Oregon Pacific Power customers have seen their electricity bills increase by 61% since 2006, the year after Warren Buffet started operating the utility. Pacific Power customers saw a greater rate increase than customers of any other major utility in the six states that Pacific Power serves. The costs of continuing to operate old, outdated coal plants continue to rise, and Pacific Power’s parent company, PacifiCorp, will seek rate recovery from Oregon customers for its $4.2 billion coal fleet expenditures. PacifiCorp owns the largest number of coal plants in the West, and Pacific Power customers in Oregon get 63% of their energy from out-of-state coal plants."
Goldman Sachs declares solar energy will soon be cheaper than fossil fuels, and Elon Musk is a genius
"'…our Clean Energy team believes the number of households hitting grid parity will continue to grow as the cost of the systems comes down … SolarCity has seen a 40% decline in the per watt cost of PV panels since the second quarter of 2013 driven by improved scale which is expected to continue,' state clean tech analysts Brian Lee and Thomas Daniels. 'This has been true for Tesla’s battery costs as well, which have declined from of $500/KWh in 2008 to $250/KWh for the Model S to potentially $125/KWh at the gigafactory. As a result we should note that the quantitative grid parity and return calculations we show above are arrived at without any Federal or state credits.'"
This past winter showed us that fossil fuel electricity generation has intermittency issues on par with those of wind and solar. That does not mean that we should trade one intermittency for another (although the environmental costs should force that decision on us), but we should solve the issue regardless of energy source chosen. Batteries will not solve the problem, and although hydro and flywheels have promise, I like simple solutions. This one is "in the book" as Paul Erdos might say.
Energy storage hits the rails out west
"Compared to the mechanics of chemical batteries, the idea behind rail storage is simple. During periods of low electricity demand, power is dispatched from the nearby grid to pull a chain of weighted train cars uphill. And there they will sit—losing no power to degradation—until the grid has a period of high power demand. Then they are sent rolling downhill. Their momentum sends electrons back to the grid through a system of regenerative braking that uses the turning power of the wheels to generate electricity."
Happy Friday!
