Biofuel industry groups wrote to the EPA and asked that they ignore the law and exclude "indirect land use change" emissions from EPA’s modeling of total greenhouse gas emissions from biofuels for the Renewable Fuels Standard (RFS). Friends of the Earth, with others, wrote to EPA, expressing our discontent with the industry's argument and encouraged EPA to uphold the law. A week later, more environmental groups chimed in, also encouraging EPA to uphold the law.
The Senate is poised to consider legislation that gives away too much to big energy interests to produce dirty power at the expense of clean energy, which will get us off fossil fuels and help combat global warming.
House Democrats pushed weak legislation days ago that capitulated to Republican demands for more offshore drilling, and now the Senate is looking at legislation with similar rewards for the same old energy gang: coal and oil.
Friends of the Earth’s new analysis shows that even though the oil and gas industry is experiencing record profits, it is set to receive at least $33 billion in handouts from taxpayers over the next five years. These companies stand to gain at least $23.2 billion from tax loopholes, $3.8 billion in royalty rollbacks, $1.6 billion in direct subsidies for research and development, and $4.3 billion through accounting gimmicks. The tax giveaways have increased dramatically since the passage of a Republican-drafted energy bill in 2005.
Senator Reid cut through the garbage and pointed out one of the most basic problems with a dependence on fossil fuels: they make us and our planet sick. There are health risks associated with coal from the time it is dug out of the ground to when it is burned for fuel. We salute Sen. Reid for speaking out at a time when more and more people are trying to convince the American public that coal is clean.
For the first time in decades, the nuclear power industry is considering building new nuclear reactors in the United States. They claim that nuclear power is a solution to global warming, but that’s just not true. Indeed, nuclear power costs too much, takes too long, and is too risky when better alternatives are available.
Private markets won't provide the funds for new reactor construction because nuclear power is too expensive and financially risky, so the industry is working to get taxpayers to foot the bill through a loan guarantee program that its allies in Congress are trying to insert into various pieces of legislation. Industry executives have admitted that without these loan guarantees, there will be no more nukes. Friends of the Earth is fighting to keep these loan guarantees out legislation. Will you join us?
Watch our Interactive Video: Don't Buy the Big Nuclear Lie!
While we defeated some bad coal to liquid provisions in the House and Senate energy bills, a report just out in the Wall Street Journal reveals the industry’s new strategy to saddle taxpayers with this foolish venture’s financial risks: It is trying to exploit national security concerns to make the military a guaranteed liquid coal buyer for the next quarter century.
How the World Bank is Failing to Adequately Finance Renewable Energy for Development
If the World Bank Group is to deliver on the potential of renewable energy to promote development and poverty alleviation, it will have to dramatically increase its funding for renewable energy, both in absolute terms and as a proportion of its overall energy funding.