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first_imgFederal Subsidies Favor Taxpayer-Owned Oil, Gas, and Coal FacebookTwitterLinkedInEmailPrint分享The Hill:President Trump’s energy policies have established a wide-spread effort to rig the economy in favor of big energy and mining companies at the expense of the American public, while burying the evidence in secrecy.Early on, the Trump administration and Congress acted to keep its energy giveaways secret by repealing requirements that fossil fuel companies disclose publicly their tax, royalty and lease payments to federal and state governments. The rule, which had bipartisan support when it was included in the Dodd-Frank financial reform law, was part of a 50-plus nation anti-corruption movement — an effort Zinke has announced the U.S. will abandon.For other countries, disclosing government payments by oil, gas, and coal companies is aimed at detecting bribes. In the U.S., the overturned rule would have revealed how little those companies pay in taxes, public royalties and lease payments. Researchers and reporters could have tracked the hidden subsidies to fossil fuel companies — information those companies do not want the public to know.This first step by the Trump administration to keep subsidies secret was a setup for enormous actions to convert public lands into profit centers for oil, gas and coal corporations at great cost to the public and with a reckless disregard of the law. These actions include:Interior, conferring secretly with fossil fuel companies, repealed rules closing loopholes that have cost American taxpayers tens of billions in lost revenue.To replace those rules, Interior Secretary Ryan Zinke appointed a royalty policy committee beset with conflicts of interest including companies that — having incurred half of Interior’s fines — are among the worst violators of royalty rules.Zinke cut the royalty rate on offshore oil to 12.5 percent from the 18.75 percent rate set in the George W. Bush administration.Interior is vastly expanding oil, gas, and coal leasing when energy prices are low — guaranteeing bargain basement prices for public resources and short-changing American taxpayers, states and communities.Interior has targeted for elimination or reduction virtually every effort to identify and mitigate environmental damage caused by energy development, shifting costs to the public that should be paid by industry.Trump, following a blueprint prepared in secret by Zinke, is shrinking several national monuments and seemingly turning these sensitive lands into oil and gas fields, coal and uranium mines to be sold under lax lease and royalty policies.Fossil fuel subsidies cause real harm. In October, the magazine Nature published a major study showing that at $50 a barrel for oil, nearly half of the oil production would be unprofitable except for federal subsidies. Simply put: oil production is propped up by public welfare.While unjustified subsidies for fossil fuels have long existed, their expansion in the Trump administration in the face of climate change is a disgraceful scandal. Keeping the subsidies secret is unconscionable. For years, public interest groups have worked separately on parts of these problems. Some focused on bribery and influence peddling by energy companies. Tax justice groups fought to end unjustified tax breaks. Conservation groups resisted giveaways of public lands and minerals. Meanwhile, not enough has been done to create sustainable opportunities for communities and workers.The separate efforts have yielded too little progress. It is time for citizen groups and concerned officials to launch coordinated efforts to end the hidden subsidies to fossil fuel companies, stop Trump and Zinke’s giveaways, and develop a better future for public lands and the people who depend on them.Trump’s looming scandal of fossil fuel subsidies on federal landslast_img read more


first_imgSyracuse was just 24 minutes into its game against Indiana University of Pennsylvania, and it already had a two-goal deficit to make up. And with 15:43 left in the second period, the Orange got the opportunity it needed to do so.Freshman forward Zach Bunick scored a five-on-three power-play goal with the help of a well-placed pass across the ice from junior defender Nino DiPasquale.And just 57 seconds later, junior forward Nolan Metzler was able to net another power-play goal.“When you’re down 3-1 and teams continue to take penalties and they’re trying to beat you physically, if you can put two goals on the board and tie the game up it gives you a lot of momentum,” head coach Nick Pierandri said. “And I think once we were able to do that it allowed us to really propel ourselves forward.”The Orange (14-7) defeated IUP (8-13) by a score of 5-3 on Sunday afternoon at Tennity Ice Pavilion in its final game of the semester, in large part due to penalties from the Crimson Hawks.AdvertisementThis is placeholder textThe two penalties that lead to Bunick and Metzler’s back-to-back power-play goals were only part of IUP’s overall lack of discipline. The Crimson Hawks committed 12 penalties in the second and third periods, and SU recorded 46 shots on goal and four goals in the same time frame, including another power-play goal by junior forward JR LaPointe with 9:03 left in the game.“It was a physical, physical game,” Pierandri said. “It was nasty.”The team totaled an impressive 62 shots on goal, compared to 33 from IUP.Bunick said that it was SU’s simplistic offense that allowed the Orange to capitalize on the man-up opportunities.“We just gotta crash the net. Doesn’t need to be the prettiest goal, wasn’t the prettiest game,” Bunick said. “We just gotta keep crashing the net, and get some rebounds and get some goals.”It was the sixth consecutive win for Syracuse, and the team will take the streak into its 33-day break from competitive play.Meltzer said that the team’s current success is a result of its fitness, and that he thinks it is one of the country’s faster teams.While Pierandri knows that it is difficult to resume play after a long break, he said that the plan is to jump right back into the swing of things when the players return in January.“I think the guys are tasting the (American Collegiate Hockey Association) Nationals,” Pierandri said. “They want to go to the Nationals, and I think they’re playing like they want to go to the Nationals right now.” Comments Facebook Twitter Google+ Published on December 7, 2014 at 10:31 pm Contact Kevin: [email protected]last_img read more