Madam President, I thank the Senator from Washington State for her tremendous leadership on all of these environmental issues, which are now on the table in our country for the first time in a generation. Tribute to Bill Bonnavillian…
Madam President, I thank the Senator from Washington State for her tremendous leadership on all of these environmental issues, which are now on the table in our
country for the first time in a generation.
Tribute to Bill Bonnavillian
Before I turn to the resolution the Senate is debating, I want to take a minute to recognize the contributions of Bill Bonnavillian to advancing America's science and technology policy. Last month, Bill stepped down as the head of the Washington office of the Massachusetts Institute of Technology after 11 years.
Bill's leadership of the office continued MIT's historic role of providing a vision for advancing science policy and ensuring that knowledge generated at MIT was relevant and available for policymakers in Washington, DC. His leadership will be missed at the MIT Washington office, but I am glad to know he will be staying engaged with the MIT community. I hope he will continue to provide guidance to this body since now, more than ever, we need science to inform the decisions we are making on the Senate floor.
Today, Madam President, congressional Republicans are beginning the process of going one by one to overturn commonsense rules that have long been opposed by the oil and gas, coal, and other industries in the United States of America. The majority is trying to undo these rules by deploying a rarely used procedural tool known as the Congressional Review Act.
In fact, the majority is talking about using the Congressional Review Act, or CRA, so often that it could actually get hard to keep track of which industry is benefitting from week to week to week from the Republicans' use of the CRA. I brought down a helpful tool so the viewers at home can keep track of which industries are benefitting each week from Republicans using the CRA to roll back protections for public health, for clean air, for clean water, for clean soil, for the health of the families in our country.
So let's consult our wheel to see who is the big winner of the GOP giveaway this week.
Up first are the mining and the coal industries. They are the first big winners of the GOP Congressional Review Act wheel of giveaways. That is right. First up for repeal by the Republican Congress are public health protections against the toxic practice of mountaintop removal coal mining.
These protections were put in place by the Obama administration because a Bush-era rule was thrown out by the courts. These commonsense rules to monitor and ultimately restore streams impacted by coal mining are despised by the coal industry. Those that created the problem despise any rules that would require remedying the problem, as it affected public health--no surprise.
Mountaintop removal mining is one of the most environmentally destructive practices on Earth. Mountains are turned into barren plateaus. Streams in the bottoms of nearby valleys are filled with debris and buried. Heavy metals destroy water quality for nearby residents and ruin ecosystems.
The rule that the Republicans are attempting to repeal today protects the public health and drinking water of millions of American citizens in Appalachia and elsewhere across our country.
The rule requires that lead, arsenic, selenium, and other toxic pollutants are monitored. It requires that streams that are damaged or destroyed must be restored.
Now, the majority likes to say that there is a war on coal, but the only war that coal is losing is in the free market to natural gas, to wind, to solar. These are the sources of electricity that the utilities of our country, that the citizens of our country have been moving to over the last 10 to 15 years. There is a war going on in the marketplace.
Adam Smith is spinning in his grave as he listens to the Republicans trying to protect an industry from market forces. Adam Smith is actually spinning so fast in his grave that he could qualify as a new energy source for our country. That is how shocked he would be about this attempt to undermine the public health and safety in our country on behalf of an industry that is losing a battle in the marketplace.
It is the free market that ultimately is causing these changes, and the coal industry is saying: Please protect us from having to protect the public health and safety--clean air, clean water. Please protect us from having to protect families affected by our industries.
A few years ago, we generated roughly 50 percent of our electricity from coal. Now it is down to 30 percent of all electricity generated in our country from coal--50 percent to 30 percent of all electricity in a handful of years.
Coal has been replaced in the free market by natural gas, which has grown from a little over 20 percent of U.S. electricity generation a decade ago to 35 percent today. That is coal's big problem--natural gas, another fossil fuel, but one that emits one-half of the greenhouse gas pollutants as does coal.
Coal has also been replaced by clean energy, by wind, especially, which has grown by 5 to 6 percent of our generation, and by solar, which is now 1 percent of our generation.
In other words, if you go back to 2005 and you look at our country, natural gas was a relatively small percentage of electrical generation, and so were wind and solar. As we debate this issue here today, wind and solar are now up to 7 percent of all electricity generated in our country, up from 1 percent just a little bit more than 10 years ago. It is growing so fast as a preference for American industry, American utilities, and American homes, that it poses a marketplace threat.
So what we need to do now, finally, is to have the big debate out here as to what are the implications for public health and safety and what do we have to do in order to maintain the high standards that we have created for the protection of families over the last generation.
Last year, electricity generation from natural gas surpassed that from coal for the first time since 1949, when data collection began. Why? To quote the Department of Energy:
The recent decline in the generation share of coal, and the
rise in the share of natural gas, was a market-driven
response to lower natural gas prices that have made natural
gas generation more economically attractive.
Between 2000 and 2008, coal was significantly less
expensive than natural gas. However, beginning in 2009, large
amounts of natural gas produced from shale formations changed
the balance.
While the cost of coal has risen by 10 percent since 2008, the cost of natural gas has fallen by more than 60 percent. For a power producer considering new generation capacity, the lifetime cost of electricity from a new coal-fired powerplant is 67 percent higher than from a new natural gas powerplant and 17 percent than from a newly constructed wind farm, according to the National Academy of Sciences.
The reason no one is building coal-fired powerplants is very clear: It is the free market. Coal cannot compete in the free market. In 2016, we added more than 14,000 new megawatts of solar. We are going to add 7 to 8,000 new megawatts of wind. We are going to add nearly 9,000 new megawatts of natural gas, and we added virtually no new megawatts of coal-fired generation in our country. We are projected to add no new coal generation this year as well. It will be more natural gas, more wind, and more solar.
The marketplace is rejecting coal as a source of electricity. The marketplace is doing that. This isn't a conspiracy. It is competition in the free market.
Lest my colleagues think that this is just happening in the United States, it is not. More than half of all electrical generating capacity added in the world last year was renewable.
Let me say that again. More than half of all new electrical generating capacity added in the world last year was from renewable energy--wind and solar--across the planet.
China recently announced that it intends to invest $360 billion on renewable energy by 2020. They intend to create 13 million Chinese jobs in renewable energy in that time.
This isn't a conspiracy. It is competition, and the competition for those clean energy jobs is global.
When we started carrying iPhones, it wasn't a war on black rotary dial phones; it was a technological revolution. When we started using Macs and PCs, it wasn't a war on typewriters; it was a technological revolution. The horseless carriage wasn't a war on horses; it was a technological revolution that moved us to automobiles.
The move away from coal and oil toward clean energy and natural gas isn't
a war; it is a revolution--an American-made free market revolution.
We now have more than 400,000 Americans employed in the solar and wind industries. By 2020, there are projected to be 600,000 Americans working in these clean energy industries. It is not a war. It is a revolution.
Now, next there is going to be another industry to win in the CRA, the Congressional Review Act giveaway game. That is right. The next winner will be the oil and gas industries.
Republicans intend to move to overturn a bipartisan requirement under the Dodd-Frank bill that publicly traded oil, gas, and mining companies disclose to their investors when they make payments to foreign countries, but that requirement is vigorously opposed by ExxonMobil, the American Petroleum Institute, and the oil and gas industry.
Section 1504 of the Dodd-Frank Wall Street Reform and Consumer Protection Act was a bipartisan provision authored by Senators Cardin and Lugar. It requires oil, gas, and mining companies to disclose payments to foreign governments, and that is now in jeopardy.
The Dodd-Frank disclosure rule goes to the core of the Securities and Exchange Commission's mission of investor protection. Secret payments can easily be expropriated by corrupt governments. They can also be a signal that a company is involved in risky business overseas--risks that investors need to know about when making investments.
By eliminating this disclosure requirement, using the Congressional Review Act, we are potentially allowing for oil companies to make secret, undisclosed payments to foreign governments. Those could include payments intended to gain an advantage over other companies or even bribes to foreign officials.
Eliminating this disclosure requirement could allow for oil companies to make secret payments to foreign nations that could have serious implications for these nations and for investors.
I urge my fellow Senators to reject these resolutions and keep in place the commonsense protections for public health, clean water, and financial disclosure.
Earlier today, the Republicans on the Environment and Public Works Committee reported out the nomination of Oklahoma Attorney General Pruitt.
Democrats on the committee have grave concerns about his ability to uphold the EPA's mission to ``protect human health and the environment.''
So what we are talking about here is the totality of a picture. The use of the CRA to--one by one by one--go after these environmental protections that have been put in place to increase the health of Americans, to reduce their exposure to arsenic, to lead, and to other dangerous chemicals. This first one that we are debating goes right to the heart of that issue. What the coal industry is doing is using the justification of their need to be competitive with the natural gas, wind, and solar industries, a battle they are losing in the financial marketplace, as a justification for undermining the public health of our country so they can be more competitive.
In other words, the price to be paid to make the coal industry more competitive with other industries to which they are losing market share in the electrical generation market is that the public health has to be compromised and we have to turn a blind eye to the impact on the children and the families in our country who are being exposed to these dangerous chemicals.
That is the price we have to pay as a nation? It is unacceptably high.
So Adam Smith looks on, and Adam Smith judges us here today.
This marketplace defeat of coal by natural gas, wind, and solar is one that is being used to hurt children and hurt families in our country. I do not think it is an acceptable position for our Nation to take. I urge a rejection of that motion.
I yield back to the leader of this effort on the Senate floor, the great Senator from Washington.