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PhrankT

PhrankT's Journal
PhrankT's Journal
December 22, 2018

The "Green New Deal" should include:

Here are some ideas to give a direction to where we may want the GND to go.
Just some ideas


First of all we must set some bold, national goals that will be achieved within 10 years.

*Generate enough renewable energy to power every home in America, with half a billion solar panels installed

*Cut energy waste in American homes, schools, hospitals and offices by a third and make American manufacturing the cleanest and most efficient in the world.

*Reduce American oil consumption by a third through cleaner fuels and more efficient cars, boilers, ships, and trucks.

*Deliver on the pledge President Obama made at the Paris climate conference—without relying on climate deniers in Congress to pass new legislation.
Reduce greenhouse gas emissions by up to 30 percent in 2025 relative to 2005 levels and put the country on a path to cut emissions more than 80 percent by 2050.

*Defend, implement, and extend smart pollution and efficiency standards, including the Clean Power Plan and standards for cars, trucks, and appliances that are already helping clean our air, save families money, and fight climate change.

*Launch a $60 billion Clean Energy Challenge to partner with states, cities, and rural communities to cut carbon pollution and expand clean energy, including for low-income families.

*Invest in clean energy infrastructure, innovation, manufacturing and workforce development to make the U.S. economy more competitive and create good-paying jobs and careers.

*Ensure safe and responsible energy production.
Transition to a clean energy economy, & ensure that the fossil fuel production taking place today is safe and responsible and that areas too sensitive for energy production are taken off the table.

*Reform leasing and expand clean energy production on public lands and waters tenfold within a decade.
Cut the billions of wasteful tax subsidies oil and gas companies have enjoyed for too long and invest in clean energy.

*Cut methane emissions across the economy and put in place strong standards for reducing leaks from both new and existing sources.

*Revitalize coal communities by supporting locally driven priorities and make them an engine of U.S. economic growth in the 21st century, as they have been for generations.

*Make environmental justice and climate justice central priorities by setting bold national goals to eliminate lead poisoning within five years, clean up the more than 450,000 toxic brownfield sites across the country, expand solar and energy efficiency solutions in low-income communities, and create an Environmental and Climate Justice Task Force.

*Promote conservation and collaborative stewardship.
Keep public lands public, strengthen protections for our natural and cultural resources, increase access to parks and public lands for all Americans, as well as harness the immense economic potential they offer through expanded renewable energy production, a high quality of life, and a thriving outdoor economy.


Just for starters.
Voices of advocates are necessary, but there must be a cohesive doable Plan ready for those voices to launch from.
Without a serious plan on paper, the voices of advocates can rally the crowd with a popular message, but eventually finds itself with nowhere to go to actually make it a reality.
If they are serious about what they advocate, then take it to the next step.

Here's a good start those voices should be expanding from.

Thank you

December 22, 2018

The "Green New Deal" should include:

First of all we must set some bold, national goals that will be achieved within 10 years.

*Generate enough renewable energy to power every home in America, with half a billion solar panels installed

*Cut energy waste in American homes, schools, hospitals and offices by a third and make American manufacturing the cleanest and most efficient in the world.

*Reduce American oil consumption by a third through cleaner fuels and more efficient cars, boilers, ships, and trucks.

*Deliver on the pledge President Obama made at the Paris climate conference—without relying on climate deniers in Congress to pass new legislation.
Reduce greenhouse gas emissions by up to 30 percent in 2025 relative to 2005 levels and put the country on a path to cut emissions more than 80 percent by 2050.

*Defend, implement, and extend smart pollution and efficiency standards, including the Clean Power Plan and standards for cars, trucks, and appliances that are already helping clean our air, save families money, and fight climate change.

*Launch a $60 billion Clean Energy Challenge to partner with states, cities, and rural communities to cut carbon pollution and expand clean energy, including for low-income families.

*Invest in clean energy infrastructure, innovation, manufacturing and workforce development to make the U.S. economy more competitive and create good-paying jobs and careers.

*Ensure safe and responsible energy production.
Transition to a clean energy economy, & ensure that the fossil fuel production taking place today is safe and responsible and that areas too sensitive for energy production are taken off the table.

*Reform leasing and expand clean energy production on public lands and waters tenfold within a decade.
Cut the billions of wasteful tax subsidies oil and gas companies have enjoyed for too long and invest in clean energy.

*Cut methane emissions across the economy and put in place strong standards for reducing leaks from both new and existing sources.

*Revitalize coal communities by supporting locally driven priorities and make them an engine of U.S. economic growth in the 21st century, as they have been for generations.

*Make environmental justice and climate justice central priorities by setting bold national goals to eliminate lead poisoning within five years, clean up the more than 450,000 toxic brownfield sites across the country, expand solar and energy efficiency solutions in low-income communities, and create an Environmental and Climate Justice Task Force.

*Promote conservation and collaborative stewardship.
Keep public lands public, strengthen protections for our natural and cultural resources, increase access to parks and public lands for all Americans, as well as harness the immense economic potential they offer through expanded renewable energy production, a high quality of life, and a thriving outdoor economy.


Just for starters.
Voices of advocates are necessary, but there must be a cohesive doable Plan ready for those voices to launch from.
Without a serious plan on paper, the voices of advocates can rally the crowd with a popular message, but eventually finds itself with nowhere to go to actually make it a reality.
If they are serious about what they advocate, then take it to the next step.

Here's a good start those voices should be expanding from.

Thank you
December 22, 2018

💙 Waters Chosen by House Democrats as First Woman and African American to Chair Financial Services

https://democrats-financialservices.house.gov/news/documentsingle.aspx?DocumentID=401703

Press Releases


Waters Chosen by House Democrats to Be First Woman and African American to Chair Financial Services Committee

Washington DC, December 21, 2018


"Today, Congresswoman Maxine Waters (D-CA) released the following statement after being approved by the Democratic Caucus to serve as the first woman and the first African American Chair of the House Financial Services Committee:"

“I am honored to have been selected by my colleagues to be the first Chairwoman of the House Financial Services Committee in the 116th Congress. Since 1995, I have served as Ranking Member or Chairwoman of every Subcommittee under the Committee’s jurisdiction, taking on important issues on behalf of consumers, investors, and vulnerable populations.

As Chairwoman, I will continue to prioritize protecting consumers and investors from abusive financial practices, making sure there are strong safeguards in place to prevent another financial crisis, expanding and supporting affordable housing opportunities, tackling the homelessness crisis, encouraging responsible innovation in financial technology, promoting diversity and inclusion in the financial services sector, conducting appropriate oversight and ensuring that hardworking Americans and small businesses have fair access to the financial system and opportunities to thrive.

I consider it a privilege to hold the Chairwoman’s gavel
and look forward to working with my fellow Democrats, Ranking Member McHenry and my colleagues across the aisle on commonsense solutions that benefit hardworking Americans and strengthen our economy.”
MORE 💙

Read Rep Maxine Waters long history of accomplishments in the House, to understand WHY she was proudly selected.

It is a very long list
Applause to the career of Rep Waters & her relentless yet steady move forward. Against many odds, She Persisted in building a career of stellar accomplishments.
This is who she is.

Thank You Rep Waters

December 22, 2018

Banks Stuck With $1.6 Billion of Unsold Loans Amid Market Rout

Bloomberg News

A rout in the once-hot market for risky corporate loans has some of Wall Street’s largest banks stuck with at least $1.6 billion of unwanted leveraged buyout debt.

Banks including Barclays Plc, Goldman Sachs Group Inc. and Bank of America Corp. -- among the top providers of loans for LBOs -- have struggled in recent weeks to sell loans they’ve agreed to make for private equity deals, as concerns about the global economic outlook spurred investors to flee risky assets.

At least four loan sales for buyouts and acquisitions have failed to clear the market so far this month, forcing the banks to keep the debt on their books, according to data compiled by Bloomberg and people familiar with the matter.
The hope is that by waiting until next year to sell the debt to investors the banks might be able to avoid a fire sale. But holding onto the loans could weigh on banks’ earnings in the fourth quarter.

The hung deals are equal to 14 percent of the $11.7 billion of loans sold in December, according to Bloomberg data. But they also represent a small fraction of the more than $2.3 trillion of loans to corporations that were on U.S banks’ books as of Dec. 12, according to Federal Reserve data.

All companies or banks mentioned have either declined to comment or did not respond to requests for comment.
More
https://www.google.com/amp/s/www.bloomberg.com/amp/news/articles/2018-12-21/banks-stuck-with-1-6-billion-of-unsold-loans-amid-market-rout

December 21, 2018

50,000 Syrian civilian refugees living under the direct protection of the U.S. military are suddenly

Washington Post
President Trump’s surprise decision to rapidly withdraw all U.S. troops from Syria is meeting with intense criticism by foreign policy experts, who denounce it as strategically stupid, reckless for national security and a blow to America’s global credibility.

But inside Syria, the consequences are even more serious. For one example, 50,000 Syrian civilian refugees living under the direct protection of the U.S. military are suddenly fearing for their lives.




https://twitter.com/joshrogin/status/1075934366382112770

December 20, 2018

Exxon Granted Hardship Waiver From Biofuel Laws

https://oilprice.com/Latest-Energy-News/World-News/Exxon-Granted-Hardship-Waiver-From-Biofuel-Laws.html

Exxon Mobil managed to get its hands on a financial hardship waiver from the EPA that will allow its Billings Refinery in Montana to escape the wrath of restrictive US biofuel laws,

Just weeks ago, Reuters reported the EPA was suspending its refinery biofuel waiver program pending a thorough review of its scoring system that saw a record number of waivers granted in 2017.
That news followed reports from a few months earlier that the EPA granted 29 biofuel waivers in 2017, compared to 20 in 2016 and just 14 in 2015 under the previous administration.

Exxon, with over $19 billion in net income for 2017, is not the only oil giant to receive such a waiver, with Chevron securing one for its Utah refinery earlier in the year. At the time, Chevron—with a net income of $9.2 billion in 2017—was the largest known company to secure a biofuel waiver.
At the time, Chevron said that the EPA had granted several small refineries exemptions from the Renewable Fuel Standards, and that not securing a waiver would put Chevron refineries at disadvantage in this competitive market.

Under the Renewable Fuel Standard (RFS), oil refiners are required to blend growing amounts of renewable fuels into gasoline and diesel.
Refiners that don’t have the infrastructure to blend biofuels must purchase tradeable blending credits known as Renewable Identification Numbers, or RINs.
The EPA has the authority to grant waivers from the renewable fuel standard to refineries whose oil processing capacity is below 75,000 bpd.



The increase in waivers from the EPA has angered American farmers who stand to benefit from strict adherence to the RFS, with the Trump Administration caught between a rock (farmers) and a hard place (Big Oil).

By Julianne Geiger for Oilprice.com



Yet Trump tightens work requirements for millions of Americans who receive federal food assistance, and migrants are locked up at the border under inhumane conditiins.
https://www.democraticunderground.com/100211570799



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