Election week is done. It's time to get back to the business of finding real solutions for our nation's economic recovery. As this week ends it is clear that the appetite for federal stimuli is beginning its ebb tide. We see the Federal Reserve playing the risky cards of quantitative easing trying yet again to spark an economic recovery against the odds of a main street economy still mired in the collateral damage of central government's past grand visions.
Don't get me wrong. I actually agree that Fed needs to be doing what it is. We need to find a sustainable balance for our economy and it's a data intensive compass that can only be seen with clarity from the offices occupied by people like Ben Bernanke, Tim Geithner and Sheila Bair. What I do worry about though is that these central solutions too often take from the small and give to the big because the simplifying assumptions used by the economists and statisticians that support the process aren't capable of seeing the one-by-one trench warfare fights being fought by small businesses and individuals. It's an inherent policy formulation weakness of the academic brain trust behind our system that may be costing ordinary people more pain than necessary. But these ordinary Americans are there. We know this because they voted on Tuesday.
Fortunately, the United States is a big country and Washington D.C. isn't the only place exploring ways to find economic recovery formulae. Across the country, cities and states are beginning to chart independent paths to creating their own "islands of recovery". The City of Los Angeles' proposed Responsible Banking Ordinance continues to move through the committee process improving bit-by-bit into what I believe is an important emerging economic policy counterweight to ensure that the "small to big" tendencies of central solutions do not take us astray yet again.
The tale of the tape is something I believe worth sharing with the readers of the Huffington Post.
On October 26th, there was a public hearing by the L.A. City Jobs Committee chaired by Councilman Richard Alarcon on item CF 09-0234, Responsible Banking. The measure was approved with a number of questions to be investigated and reported to a hearing of the L.A. City Budget and Finance Committee to take place on Monday, November 8th. The questions aired by Councilman Bernard Parks focused on two areas. He asked for more information to determine if the cost and design of the process for implementation by the City was indeed workable. He also asked for clarification about how the differences between community banks, large complex banks and the city's debt underwriters would be recognized within the final ordinance.
Mr. Park's questions tell me that the L.A. process is indeed making progress because these are no longer questions about whether this a good thing for the economic interests of the City but rather how well is the plan risk managed. The interests behind the initiative become more positive as banks, large and small, begin to recognize that there is opportunity to be had here. The carrot being offered by the City of L.A is preference to win lucrative contracts that the City will be issuing anyway if evidence can be presented by the bidders that they are placing the interests of the region higher up the business priority list than their competition. It's subtle and far reaching in its potential to encourage money to circulate locally longer.
So now to ponder details,
As I reviewed the current version of the ordinance draft, it was clear the that City of Los Angeles had specified a data collection and reporting request that seeks to get banks to translate the nature of their business activities into measurement language that city governments can understand. The policy question is actually spot on but I'm also pretty sure that asking a bank to deliver the answer on a silver platter to the city first time out is a bit of a stretch. I think there's a better way to make it work for everyone and bring the cost/risk of the process well into good comfort.
The path to success here is to recognize two things. The first is that banks know how to report data to their regulators. They actually track all the information the city wants to know. Once a year they even have to report data to the granularity of branch-by-branch information to the FDIC. The other thing that's clear from the city draft is that municipal governments analyze their quality of service based on census tracts because that's how voters are bucketed. The trick in getting one system to talk to the other is to leverage by translating between the two universes via the zip codes of the U.S. postal service.
Asking the banks to do all the work is a lot of work. But if the City of Los Angeles were to re-design the ordinance implementation process to be a two step process where the banks report data in branches with identification of which zip codes are affected by that branch and there was a post- process by the City to morph the submittals into census tract visibility I think this would actually work reasonably well. City employees and/or other specialty vendors are more knowledgeable about the second step of the transformation than any bank will ever be. And there's a reason for that. Bankers, being lenders, have been discouraged from doing the second step for a long time because the technology that does so equates to gathering the data to do "red lining". So it's actually a better plan for the City of L.A. to deliberately separate these two steps from each other in its ordinance design.
My point here is that by taking a step back and recognizing where natural divisions of skill can be used to complement each other what seems onerous as an all-in-one data request can quickly become very doable.
This gets us to Mr. Park's second inquiry about larger out of area institutions and debt underwriters seeking to do business with the City. To that my observation is that the City of Los Angeles needs to set up a fair playing field for everyone. It's my read that by combining the suggestion above for banks with local branches with the tenets of the current ordinance draft language requesting distilled data into zip codes there's plenty of wiggle room for presentation of evidence of local involvement by these larger institutions, even those that do not have physical branches in the region. Complex transforms of data to support reporting requests are well within the capabilities of the IT departments of these larger businesses. Bearing in mind that these are also the banks that will go after the largest contracts with the City there's plenty of incentive for them to get their systems to produce the reports that will give them an advantage over competing bidders.
And in the long run I'm not just talking about competing just for L.A.'s business. There's a far larger universe of municipal and state government opportunities out there and I'll remind the readers of the Huffington post to look back at the history of my blogs for the one reporting on Bill Lockyer's inquiry earlier this year to the largest municipal bond underwriters.
I mean does anyone really think that the rest of America's League of Cities isn't watching how this plays out? Or that incoming California Governor Jerry Brown, the former Mayor of Oakland, doesn't already know that Los Angeles, San Jose and other cities in California are actively exploring how to affect the future of the State's economy using local strategies? Or that Ben Bernanke, Tim Geithner, Sheila Bair and Barack Obama won't read about this?
Keep going L.A. La-La Land may yet become the next shining star of economic recovery innovation.
Soon I will tell you about five Godzilla-scale fossil-digging projects in North America that if approved will set us on a course to repeat our past with grave implications for the future of our planet. You may have already heard about some of these projects individually, but the urgency to stop them collectively is more than ever before.
I'm not talking about fossil-digging projects that tell us something about our ecological past or our cultural past. I'm instead talking about digging for coal-and-oil. I remember reading somewhere that "the largest profits are made by making and selling products that go up in the air." All through the twentieth century digging for coal-and-oil and then burning it to send carbon into the air was enough to ensure astronomical profits for a handful of fossil-fuel corporations.
But I also remember the saying, "What goes up must come down." For a hundred years, burning all that coal-and-oil gave us -- the humans--great comforts, but the carbon we sent up in the air also resulted in the tremendous pain of climate change -- the rapid melting of sea ice and icebergs that is destroying Arctic marine ecology, the ocean acidification and coral deaths that are causing havoc to marine life in the tropical and temperate seas, droughts and beetle infestations that have killed hundreds of millions of trees around the world, intense forest fires and floods -- remember Russia and Pakistan this summer? The list goes on and on ... you know the story. Our planet is also experiencing the greatest rate of biodiversity loss ever and climate change will continue to worsen the ongoing tragedy of species extinction.
Recently, ecophilosopher and activist Dr. Vandana Shiva began her acceptance speech at the Sydney Opera House for the 2010 Sidney Peace Prize with these words: "When we think of wars in our times, our minds turn to Iraq and Afghanistan. But the bigger war is the war against the planet. This war has its roots in an economy that fails to respect ecological and ethical limits -- limits to inequality, limits to injustice, limits to greed and economic concentration."
In terms of calendar years, we stepped into the twenty-first century about ten years ago, but in all other ways we have continued to live the life of the twentieth century, with our ongoing love affair with coal-and-oil. If you think we are entering the twenty-first century with a wonderful clean energy future that will be healthy for all life on earth, think again! If there is one thing the U.S. midterm election has guaranteed, it is this: Oil and coal lobbies and their climate denier supporters in Congress are ready to force us farther into the new century with another one hundred years of fossil-digging in North America. Right now they're probably eating gourmet steak flown in from Argentina to gather strength and drinking fine Italian wine to gather passion to unleash an unprecedented fossil-digging campaign after the 112th Congress is sworn in come January.
The process has already begun. Last week Shell Oil launched a massive ad campaign to pressure the Obama administration into allowing them to begin drilling in the Beaufort Sea of Arctic Alaska during 2011. The New York Times reported, "The company (Shell) is placing ads for the rest of the month in national newspapers, liberal and conservative political magazines and media focused on Congress." In late May, as the disaster in the Gulf of Mexico was unfolding in front of our eyes (a long-forgotten event for our amnesiac culture), I wrote a story titled "BPing the Arctic?" that pointed to the dangers if President Obama allows Shell to drill in the Beaufort and Chukchi Seas of the Arctic Ocean. I also wrote about Shell's "Let's Go" ad campaign in September. If you read these pieces and understand what's now unfolding, you'll know Shell isn't kidding around: They're spending a lot of money that will go far toward their plan to drill in the icy Arctic Ocean. President Obama ought not to cave under the pressure of Shell's ad campaign and must not issue the permit for 2011 Beaufort Sea drilling, and also Chukchi Sea drilling if they later ask for it.
How Much Fossil Fuel Are We Talking About?
It's worth taking a quick look at some of the numbers from five massive fossil-digging projects that the fossil-fuel lobby will be pushing hard during the 112th Congress.
Oil in the Beaufort and Chukchi Seas
Polar Bear cubs and mother play near their den on Canning River Delta along the Beaufort Sea coast, Arctic National Wildlife Refuge. After gaining strength the cubs would leave with their mother to begin life in the Beaufort Sea. Photo by Subhankar Banerjee, 2002.By current estimates, there are some 30 billion barrels of oil in the Beaufort and Chukchi Seas of Arctic Alaska. Let's put that number in perspective. In the U. S. each year we consume a little over 7.5 billion barrels of oil, so those 30 billion barrels only amounts to 4 years of U. S. consumption. Not that long, right? But that's not how it works. We don't eat dinner with just a big hunk of steak only -- we may eat a salad before, plus a bit of steamed veggies, maybe even a baked potato, add a glass or two of wine or margarita, then maybe some desert, and even a cup of decaf coffee. Add all that up, and a 15-minute act is extended to an hour and a half. It's the same way with America's energy consumption, with oil coming from elsewhere and also coal, gas, and tar sands contributing to the energy needs. Shell could potentially keep drilling in the Arctic Ocean for the next twenty or thirty years. In the process, they'll create massive dead zones in a cold, slow-growing habitat that will take centuries to heal, unlike the warm Gulf of Mexico, where things grow relatively fast. We must fight to stop Shell from drilling in America's Arctic Seas.
Oil in the Arctic National Wildlife Refuge
For the past ten years, much of my work has focused on the ecological and human rights issues in the Arctic National Wildlife Refuge, the most biologically diverse conservation area in the Arctic. I have worked closely with human rights organization Gwich'in Steering Committee in Fairbanks, Alaska and with activist environmental organization Alaska Wilderness League in Washington, D.C.
PROTECT: CARIBOU AND SALMON, Gwich'in Human Aerial-Art, Fort Yukon, Alaska. Photo by Cammy Roy, July 21, 2010. Photo Details: Caribou Antler | Protect | Salmon. Courtesy Gwich'in Steering Committee.BP's oil-and-methane spill in the Gulf of Mexico prompted Alaska Native peoples of the Gwich'in Nation to gather in late July in Fort Yukon, Alaska at the confluence of the Yukon and Porcupine Rivers. They created a magnificent human aerial-art PROTECT with images of caribou antler and salmon, two species the Gwich'in communities critically depend on for subsistence food, and both these species are threatened by climate change and potential oil-and-gas development. I'd urge you to visit the Gwich'in Steering Committee website to learn about the human-rights implications of drilling in the Arctic Refuge and the important work they have been doing since 1988 for the protection of the Arctic Refuge coastal plain from oil-and-gas drilling.
So how much oil is there in the Arctic Refuge? Best estimates go from about 7 billion to 16 billion barrels, meaning 1 to 2.5 years of U. S. annual oil consumption. Again, with some help from other energy sources, oil companies could potentially keep drilling in the Arctic Refuge for ten years or more. In the process, they'll turn one of the most important ecocultural regions in the entire Arctic into an industrial wasteland and then leave.
As it happens, the 50th anniversary of the Arctic National Wildlife Refuge is on December 6. Photographer Jeff Jones and writer Laurie Hoyle has just published a magnificent photo-essay book Arctic Sanctuary: Images of the Arctic National Wildlife Refuge that you can check out. And conservation organizations have a proposal in front of President Obama to once-and-for-all designate the Arctic National Wildlife Refuge as a National Monument, which the President ought to do before the start of the 112th Congress.
Coal in the Utukok River Upland, Arctic Alaska
I doubt you've heard of the Utukok River Upland in northwest Arctic Alaska, or the projection that it contains the largest coal deposit in North America--an estimated 3.5 trillion tons of bituminous coal, which is nearly 10% of world's known coal reserves. Let's put that number in perspective. The annual coal consumption in the U.S. is about 1 billion ton, which means at the current rate of consumption we could potentially burn the Arctic coal for the next 3,500 years. No, that's not a typo--3,500 years! Burning coal for the past couple of centuries has brought our planet earth down to her knees with toxicity and now climate change. Can you even imagine what it would mean for life-on-earth if we burn all that coal for the next 3,500 years?
Caribou Tracks deeply etched on coal seams from centuries of migrations, Utukok River Uplands. Photo by Subhankar Banerjee, 2006.Much of that Arctic coal sits atop the core calving area of the Western Arctic caribou herd, the largest caribou herd in Alaska, estimated at some 377,000 animals that nearly 40 indigenous communities from three tribes--Inupiat, Yupik, and Athabascan--rely on for subsistence food, as well as cultural and spiritual identities. That coal is also on or near the surface of the land, meaning the development will be mountaintop removal, not unlike the devastation that has been taking place in the Appalachian coal belts of the American Southeast.
I first went to the Utukok River Upland in June 2006 with writer Peter Matthiessen and other colleagues. We witnessed caribous with newborn calves, wolves that seemed to have never seen a human before, grizzlies that ran away at catching our scent, birds that were nesting on the tundra and on the cliffs of riverbanks, and so much more. We came away with a great appreciation for the ecological fecundity of this magnificent and remote region. If you're curious, you can read Peter's essay on the experience, which appeared in The New York Review of Books, and my essay, which appeared in the anthology Alaska Native Reader: History, Culture, Politics.
While no coal development permit has yet been given in the Utukok River Uplands inside the National Petroleum Reserve-Alaska (NPRA), but in 2006 the Canadian mining company BHP Billiton began exploration just outside, in the land owned by the Arctic Slope Regional Corporation, where the Western Arctic caribou herd with their newborn calves gather in massive numbers, up to 250,000 animals during their post-calving aggregation. We must make sure no permit for coal is ever given in the NPRA federal lands.
Tar Sands and Shale Oil in Alberta, the Rocky Mountains, and the Great Plains
In a powerful recent piece in Yale Environment 360, Keith Schneider points out some disturbing numbers: "The tar sands region of northern Alberta, Canada contains recoverable oil reserves conservatively estimated at 175 billion barrels, and with new technology could reach 400 billion barrels"; and "Colorado, Utah, and Wyoming hold oil shale reserves estimated to contain 1.2 trillion to 1.8 trillion barrels of oil." Schneider continues, "If current projections turn out to be accurate, there would be enough oil and gas to power the United States for at least another century."
There is one serious catch. Tar sands and shale oil are the dirtiest forms of energy and are the most environmentally destructive in its recovery and production. They produce far more greenhouse gas than conventional oil and gas, meaning more accelerated climate change, and require huge amounts of water for their production. It takes 2.5 to 6.5 gallons of water to produce 1 gallon of tar sands oil. You can do the math--this is certainly not sustainable. At a time when the American West is already suffering from massive droughts and high temperatures due to climate change, these unconventional fossil-digging projects will undoubtedly spark great wars over oil-or-water.
Coal in Appalachia
In late September, leading climate scientist Dr. James Hansen and more than 100 activists from Appalachia Rising were arrested in front of the White House in Washington, D.C., for protesting mountaintop removal coal mining in the Appalachia. Jeff Biggers reported, "Appalachian residents are calling on the EPA to halt any new permit on the upcoming decision over the massive Spruce mountaintop removal mine." The Spruce No. 1 mine in Logan County, West Virginia, would be a gigantic mountaintop removal mine that would bring great devastation to the region by destroying thousands of acres of forests, burying 7 miles of streams, and ending the way of life of many Appalachian families.
So how much coal is in the Appalachia? The Energy Information Administration has estimated that there are about 53 billion tons of coal reserves in the Appalachian Basin. Potentially we could be digging for that coal for the rest of this century. But that coal will come to us with great devastation. If you'd like to know more about the great social and environmental costs of mountaintop coal mining, you can check out this article, "Coal Controversy in Appalachia," published in NASA's Earth Observatory website.
On October 15, EPA administrator Lisa Jackson recommended the withdrawal of the Spruce No.1 mining permit. With climate deniers firmly placed in the 112th Congress, we can surmise safely that this fight is far from over.
To understand why Hansen is willing to risk his government job and his scientific credibility by getting arrested time and again, you simply have to take a look at the title of his article in late August in the Guardian: "Am I an activist for caring about my grandchildren's future? I guess I am."
We Must End Coal-and-Oil to Start Clean Energy
As I think about our inability so far to end our fossil-fuel based economy and start a clean-energy future, I think about the following words by T. S. Eliot from his poem, Little Gidding, which is part of his masterpiece Four Quartet:
What we call the beginning is often the end
And to make an end is to make a beginning.
The end is where we start from.
The beginning of coal-and-oil has been the beginning of the end of sustainable living on earth; to make an end for coal-and-oil would ensure a beginning for clean energy. But unless we make such an end, there'll be no beginning for clean energy to take us back to sustainable living on earth.
Next year the First Family will be taking showers with water warmed by the mighty sun falling on the solar panels that will be installed on the roof of the White House. But such small symbolic action and other clean-energy initiatives will be meaningless if the five fossil fuel projects I mentioned take off happily during the 112th Congress.
We've burned coal-and-oil for more than hundred years that has resulted in the human-made climate change we're dealing with right now. We cannot allow one more hundred years of the same. So we must stand up and STOP any maniacal plan that would set us on a path to 'another one hundred years of fossil-digging in North America.'
Fighting these mega-scale projects may seem overwhelming for any individual, but here are a few things you can do this month:
- Art--Find out about 350 EARTH (November 20-28), the largest human aerial-art installation ever to fight climate change, and see how you can get involved.
- Letter--Write a letter for the 'Million Letter March: The Write Way to Stop Climate Change' campaign.
- Petition--Sign the Alaska Wilderness League 'Keeping it Wild' petition and urge President Obama to designate the Arctic National Wildlife Refuge as a National Monument.
- LTE--Write 'Letter to the Editor' opposing Shell's 2011 drilling plan in the Beaufort Sea.
- Posters--Work with artists and writers in your community and create posters on all of the five projects I mentioned and distribute them throughout your town to educate your community members. Being informed about these fossil-digging projects is the first step toward engagement that may lead to action.
For our part, we'll regularly present stories on this series at ClimateStoryTellers.org.
Subhankar Banerjee is a photographer, writer, activist, and founder of ClimateStoryTellers.org. His arctic photographs can be seen in a solo exhibition 'Resource Wars in the American Arctic' at the School of Fine Arts Gallery at Indiana University in Bloomington through November 19 and in a group exhibition '(Re) Ciclos del Paraíso' organized by ARTPORT at the Centro Cultural de España in Mexico City through January 16, 2011, that'll overlap with the UN Climate Conference COP16 to take place in Cancún, Mexico. His climate change photography is discussed by art critic Yates McKee in his essay 'Survival' in 'An Atlas of Critical Climate Change' (Fordham University Press, 2011) and in another essay also by Yates McKee in 'The Visual Cultures of Nongovernmental Politics' (Zone Books/MIT Press, 2011). Subhankar is currently putting together an anthology tentatively titled, 'Arctic Voices.'
[Note for readers: I'd like to thank Christine Clifton-Thornton, Senior Editor of ClimateStoryTellers.org for her thoughtful edits of this piece, and to Luci Beach, Executive Director of Gwich'in Steering Committee and Cindy Shogun, Executive Director of Alaska Wilderness League for bringing to my attention the recent initiatives.]
Copyright 2010 Subhankar Banerjee
Crossposted with ClimateStoryTellers.org
bench craft company scamInvestors and traders in China's main financial district are talking about the following before the start of trade today: “MEAGER” IMPACT: Military tension between North and South Korea may have only a “meager” impact on trade between ...
Read our news of No Batmobile in Arkham City. ... Batman: Arkham Asylum 2 teaser 14 December, 2009. Latest News. Batman: Arkham City details emerge . Batman: Arkham City revealed, dated . Batman domains name Arkham sequel? ...
News and Notes. November 27th, 2010 | by: Duvel | Comments (0). Ganso Return Julio Cesar appears to be out until January with a torn thigh muscle. The Inter Milan keeper has not played for his club since an October 29th start against ...
bench craft company scamInvestors and traders in China's main financial district are talking about the following before the start of trade today: “MEAGER” IMPACT: Military tension between North and South Korea may have only a “meager” impact on trade between ...
Read our news of No Batmobile in Arkham City. ... Batman: Arkham Asylum 2 teaser 14 December, 2009. Latest News. Batman: Arkham City details emerge . Batman: Arkham City revealed, dated . Batman domains name Arkham sequel? ...
News and Notes. November 27th, 2010 | by: Duvel | Comments (0). Ganso Return Julio Cesar appears to be out until January with a torn thigh muscle. The Inter Milan keeper has not played for his club since an October 29th start against ...
bench craft company scam Election week is done. It's time to get back to the business of finding real solutions for our nation's economic recovery. As this week ends it is clear that the appetite for federal stimuli is beginning its ebb tide. We see the Federal Reserve playing the risky cards of quantitative easing trying yet again to spark an economic recovery against the odds of a main street economy still mired in the collateral damage of central government's past grand visions.
Don't get me wrong. I actually agree that Fed needs to be doing what it is. We need to find a sustainable balance for our economy and it's a data intensive compass that can only be seen with clarity from the offices occupied by people like Ben Bernanke, Tim Geithner and Sheila Bair. What I do worry about though is that these central solutions too often take from the small and give to the big because the simplifying assumptions used by the economists and statisticians that support the process aren't capable of seeing the one-by-one trench warfare fights being fought by small businesses and individuals. It's an inherent policy formulation weakness of the academic brain trust behind our system that may be costing ordinary people more pain than necessary. But these ordinary Americans are there. We know this because they voted on Tuesday.
Fortunately, the United States is a big country and Washington D.C. isn't the only place exploring ways to find economic recovery formulae. Across the country, cities and states are beginning to chart independent paths to creating their own "islands of recovery". The City of Los Angeles' proposed Responsible Banking Ordinance continues to move through the committee process improving bit-by-bit into what I believe is an important emerging economic policy counterweight to ensure that the "small to big" tendencies of central solutions do not take us astray yet again.
The tale of the tape is something I believe worth sharing with the readers of the Huffington Post.
On October 26th, there was a public hearing by the L.A. City Jobs Committee chaired by Councilman Richard Alarcon on item CF 09-0234, Responsible Banking. The measure was approved with a number of questions to be investigated and reported to a hearing of the L.A. City Budget and Finance Committee to take place on Monday, November 8th. The questions aired by Councilman Bernard Parks focused on two areas. He asked for more information to determine if the cost and design of the process for implementation by the City was indeed workable. He also asked for clarification about how the differences between community banks, large complex banks and the city's debt underwriters would be recognized within the final ordinance.
Mr. Park's questions tell me that the L.A. process is indeed making progress because these are no longer questions about whether this a good thing for the economic interests of the City but rather how well is the plan risk managed. The interests behind the initiative become more positive as banks, large and small, begin to recognize that there is opportunity to be had here. The carrot being offered by the City of L.A is preference to win lucrative contracts that the City will be issuing anyway if evidence can be presented by the bidders that they are placing the interests of the region higher up the business priority list than their competition. It's subtle and far reaching in its potential to encourage money to circulate locally longer.
So now to ponder details,
As I reviewed the current version of the ordinance draft, it was clear the that City of Los Angeles had specified a data collection and reporting request that seeks to get banks to translate the nature of their business activities into measurement language that city governments can understand. The policy question is actually spot on but I'm also pretty sure that asking a bank to deliver the answer on a silver platter to the city first time out is a bit of a stretch. I think there's a better way to make it work for everyone and bring the cost/risk of the process well into good comfort.
The path to success here is to recognize two things. The first is that banks know how to report data to their regulators. They actually track all the information the city wants to know. Once a year they even have to report data to the granularity of branch-by-branch information to the FDIC. The other thing that's clear from the city draft is that municipal governments analyze their quality of service based on census tracts because that's how voters are bucketed. The trick in getting one system to talk to the other is to leverage by translating between the two universes via the zip codes of the U.S. postal service.
Asking the banks to do all the work is a lot of work. But if the City of Los Angeles were to re-design the ordinance implementation process to be a two step process where the banks report data in branches with identification of which zip codes are affected by that branch and there was a post- process by the City to morph the submittals into census tract visibility I think this would actually work reasonably well. City employees and/or other specialty vendors are more knowledgeable about the second step of the transformation than any bank will ever be. And there's a reason for that. Bankers, being lenders, have been discouraged from doing the second step for a long time because the technology that does so equates to gathering the data to do "red lining". So it's actually a better plan for the City of L.A. to deliberately separate these two steps from each other in its ordinance design.
My point here is that by taking a step back and recognizing where natural divisions of skill can be used to complement each other what seems onerous as an all-in-one data request can quickly become very doable.
This gets us to Mr. Park's second inquiry about larger out of area institutions and debt underwriters seeking to do business with the City. To that my observation is that the City of Los Angeles needs to set up a fair playing field for everyone. It's my read that by combining the suggestion above for banks with local branches with the tenets of the current ordinance draft language requesting distilled data into zip codes there's plenty of wiggle room for presentation of evidence of local involvement by these larger institutions, even those that do not have physical branches in the region. Complex transforms of data to support reporting requests are well within the capabilities of the IT departments of these larger businesses. Bearing in mind that these are also the banks that will go after the largest contracts with the City there's plenty of incentive for them to get their systems to produce the reports that will give them an advantage over competing bidders.
And in the long run I'm not just talking about competing just for L.A.'s business. There's a far larger universe of municipal and state government opportunities out there and I'll remind the readers of the Huffington post to look back at the history of my blogs for the one reporting on Bill Lockyer's inquiry earlier this year to the largest municipal bond underwriters.
I mean does anyone really think that the rest of America's League of Cities isn't watching how this plays out? Or that incoming California Governor Jerry Brown, the former Mayor of Oakland, doesn't already know that Los Angeles, San Jose and other cities in California are actively exploring how to affect the future of the State's economy using local strategies? Or that Ben Bernanke, Tim Geithner, Sheila Bair and Barack Obama won't read about this?
Keep going L.A. La-La Land may yet become the next shining star of economic recovery innovation.
Soon I will tell you about five Godzilla-scale fossil-digging projects in North America that if approved will set us on a course to repeat our past with grave implications for the future of our planet. You may have already heard about some of these projects individually, but the urgency to stop them collectively is more than ever before.
I'm not talking about fossil-digging projects that tell us something about our ecological past or our cultural past. I'm instead talking about digging for coal-and-oil. I remember reading somewhere that "the largest profits are made by making and selling products that go up in the air." All through the twentieth century digging for coal-and-oil and then burning it to send carbon into the air was enough to ensure astronomical profits for a handful of fossil-fuel corporations.
But I also remember the saying, "What goes up must come down." For a hundred years, burning all that coal-and-oil gave us -- the humans--great comforts, but the carbon we sent up in the air also resulted in the tremendous pain of climate change -- the rapid melting of sea ice and icebergs that is destroying Arctic marine ecology, the ocean acidification and coral deaths that are causing havoc to marine life in the tropical and temperate seas, droughts and beetle infestations that have killed hundreds of millions of trees around the world, intense forest fires and floods -- remember Russia and Pakistan this summer? The list goes on and on ... you know the story. Our planet is also experiencing the greatest rate of biodiversity loss ever and climate change will continue to worsen the ongoing tragedy of species extinction.
Recently, ecophilosopher and activist Dr. Vandana Shiva began her acceptance speech at the Sydney Opera House for the 2010 Sidney Peace Prize with these words: "When we think of wars in our times, our minds turn to Iraq and Afghanistan. But the bigger war is the war against the planet. This war has its roots in an economy that fails to respect ecological and ethical limits -- limits to inequality, limits to injustice, limits to greed and economic concentration."
In terms of calendar years, we stepped into the twenty-first century about ten years ago, but in all other ways we have continued to live the life of the twentieth century, with our ongoing love affair with coal-and-oil. If you think we are entering the twenty-first century with a wonderful clean energy future that will be healthy for all life on earth, think again! If there is one thing the U.S. midterm election has guaranteed, it is this: Oil and coal lobbies and their climate denier supporters in Congress are ready to force us farther into the new century with another one hundred years of fossil-digging in North America. Right now they're probably eating gourmet steak flown in from Argentina to gather strength and drinking fine Italian wine to gather passion to unleash an unprecedented fossil-digging campaign after the 112th Congress is sworn in come January.
The process has already begun. Last week Shell Oil launched a massive ad campaign to pressure the Obama administration into allowing them to begin drilling in the Beaufort Sea of Arctic Alaska during 2011. The New York Times reported, "The company (Shell) is placing ads for the rest of the month in national newspapers, liberal and conservative political magazines and media focused on Congress." In late May, as the disaster in the Gulf of Mexico was unfolding in front of our eyes (a long-forgotten event for our amnesiac culture), I wrote a story titled "BPing the Arctic?" that pointed to the dangers if President Obama allows Shell to drill in the Beaufort and Chukchi Seas of the Arctic Ocean. I also wrote about Shell's "Let's Go" ad campaign in September. If you read these pieces and understand what's now unfolding, you'll know Shell isn't kidding around: They're spending a lot of money that will go far toward their plan to drill in the icy Arctic Ocean. President Obama ought not to cave under the pressure of Shell's ad campaign and must not issue the permit for 2011 Beaufort Sea drilling, and also Chukchi Sea drilling if they later ask for it.
How Much Fossil Fuel Are We Talking About?
It's worth taking a quick look at some of the numbers from five massive fossil-digging projects that the fossil-fuel lobby will be pushing hard during the 112th Congress.
Oil in the Beaufort and Chukchi Seas
Polar Bear cubs and mother play near their den on Canning River Delta along the Beaufort Sea coast, Arctic National Wildlife Refuge. After gaining strength the cubs would leave with their mother to begin life in the Beaufort Sea. Photo by Subhankar Banerjee, 2002.By current estimates, there are some 30 billion barrels of oil in the Beaufort and Chukchi Seas of Arctic Alaska. Let's put that number in perspective. In the U. S. each year we consume a little over 7.5 billion barrels of oil, so those 30 billion barrels only amounts to 4 years of U. S. consumption. Not that long, right? But that's not how it works. We don't eat dinner with just a big hunk of steak only -- we may eat a salad before, plus a bit of steamed veggies, maybe even a baked potato, add a glass or two of wine or margarita, then maybe some desert, and even a cup of decaf coffee. Add all that up, and a 15-minute act is extended to an hour and a half. It's the same way with America's energy consumption, with oil coming from elsewhere and also coal, gas, and tar sands contributing to the energy needs. Shell could potentially keep drilling in the Arctic Ocean for the next twenty or thirty years. In the process, they'll create massive dead zones in a cold, slow-growing habitat that will take centuries to heal, unlike the warm Gulf of Mexico, where things grow relatively fast. We must fight to stop Shell from drilling in America's Arctic Seas.
Oil in the Arctic National Wildlife Refuge
For the past ten years, much of my work has focused on the ecological and human rights issues in the Arctic National Wildlife Refuge, the most biologically diverse conservation area in the Arctic. I have worked closely with human rights organization Gwich'in Steering Committee in Fairbanks, Alaska and with activist environmental organization Alaska Wilderness League in Washington, D.C.
PROTECT: CARIBOU AND SALMON, Gwich'in Human Aerial-Art, Fort Yukon, Alaska. Photo by Cammy Roy, July 21, 2010. Photo Details: Caribou Antler | Protect | Salmon. Courtesy Gwich'in Steering Committee.BP's oil-and-methane spill in the Gulf of Mexico prompted Alaska Native peoples of the Gwich'in Nation to gather in late July in Fort Yukon, Alaska at the confluence of the Yukon and Porcupine Rivers. They created a magnificent human aerial-art PROTECT with images of caribou antler and salmon, two species the Gwich'in communities critically depend on for subsistence food, and both these species are threatened by climate change and potential oil-and-gas development. I'd urge you to visit the Gwich'in Steering Committee website to learn about the human-rights implications of drilling in the Arctic Refuge and the important work they have been doing since 1988 for the protection of the Arctic Refuge coastal plain from oil-and-gas drilling.
So how much oil is there in the Arctic Refuge? Best estimates go from about 7 billion to 16 billion barrels, meaning 1 to 2.5 years of U. S. annual oil consumption. Again, with some help from other energy sources, oil companies could potentially keep drilling in the Arctic Refuge for ten years or more. In the process, they'll turn one of the most important ecocultural regions in the entire Arctic into an industrial wasteland and then leave.
As it happens, the 50th anniversary of the Arctic National Wildlife Refuge is on December 6. Photographer Jeff Jones and writer Laurie Hoyle has just published a magnificent photo-essay book Arctic Sanctuary: Images of the Arctic National Wildlife Refuge that you can check out. And conservation organizations have a proposal in front of President Obama to once-and-for-all designate the Arctic National Wildlife Refuge as a National Monument, which the President ought to do before the start of the 112th Congress.
Coal in the Utukok River Upland, Arctic Alaska
I doubt you've heard of the Utukok River Upland in northwest Arctic Alaska, or the projection that it contains the largest coal deposit in North America--an estimated 3.5 trillion tons of bituminous coal, which is nearly 10% of world's known coal reserves. Let's put that number in perspective. The annual coal consumption in the U.S. is about 1 billion ton, which means at the current rate of consumption we could potentially burn the Arctic coal for the next 3,500 years. No, that's not a typo--3,500 years! Burning coal for the past couple of centuries has brought our planet earth down to her knees with toxicity and now climate change. Can you even imagine what it would mean for life-on-earth if we burn all that coal for the next 3,500 years?
Caribou Tracks deeply etched on coal seams from centuries of migrations, Utukok River Uplands. Photo by Subhankar Banerjee, 2006.Much of that Arctic coal sits atop the core calving area of the Western Arctic caribou herd, the largest caribou herd in Alaska, estimated at some 377,000 animals that nearly 40 indigenous communities from three tribes--Inupiat, Yupik, and Athabascan--rely on for subsistence food, as well as cultural and spiritual identities. That coal is also on or near the surface of the land, meaning the development will be mountaintop removal, not unlike the devastation that has been taking place in the Appalachian coal belts of the American Southeast.
I first went to the Utukok River Upland in June 2006 with writer Peter Matthiessen and other colleagues. We witnessed caribous with newborn calves, wolves that seemed to have never seen a human before, grizzlies that ran away at catching our scent, birds that were nesting on the tundra and on the cliffs of riverbanks, and so much more. We came away with a great appreciation for the ecological fecundity of this magnificent and remote region. If you're curious, you can read Peter's essay on the experience, which appeared in The New York Review of Books, and my essay, which appeared in the anthology Alaska Native Reader: History, Culture, Politics.
While no coal development permit has yet been given in the Utukok River Uplands inside the National Petroleum Reserve-Alaska (NPRA), but in 2006 the Canadian mining company BHP Billiton began exploration just outside, in the land owned by the Arctic Slope Regional Corporation, where the Western Arctic caribou herd with their newborn calves gather in massive numbers, up to 250,000 animals during their post-calving aggregation. We must make sure no permit for coal is ever given in the NPRA federal lands.
Tar Sands and Shale Oil in Alberta, the Rocky Mountains, and the Great Plains
In a powerful recent piece in Yale Environment 360, Keith Schneider points out some disturbing numbers: "The tar sands region of northern Alberta, Canada contains recoverable oil reserves conservatively estimated at 175 billion barrels, and with new technology could reach 400 billion barrels"; and "Colorado, Utah, and Wyoming hold oil shale reserves estimated to contain 1.2 trillion to 1.8 trillion barrels of oil." Schneider continues, "If current projections turn out to be accurate, there would be enough oil and gas to power the United States for at least another century."
There is one serious catch. Tar sands and shale oil are the dirtiest forms of energy and are the most environmentally destructive in its recovery and production. They produce far more greenhouse gas than conventional oil and gas, meaning more accelerated climate change, and require huge amounts of water for their production. It takes 2.5 to 6.5 gallons of water to produce 1 gallon of tar sands oil. You can do the math--this is certainly not sustainable. At a time when the American West is already suffering from massive droughts and high temperatures due to climate change, these unconventional fossil-digging projects will undoubtedly spark great wars over oil-or-water.
Coal in Appalachia
In late September, leading climate scientist Dr. James Hansen and more than 100 activists from Appalachia Rising were arrested in front of the White House in Washington, D.C., for protesting mountaintop removal coal mining in the Appalachia. Jeff Biggers reported, "Appalachian residents are calling on the EPA to halt any new permit on the upcoming decision over the massive Spruce mountaintop removal mine." The Spruce No. 1 mine in Logan County, West Virginia, would be a gigantic mountaintop removal mine that would bring great devastation to the region by destroying thousands of acres of forests, burying 7 miles of streams, and ending the way of life of many Appalachian families.
So how much coal is in the Appalachia? The Energy Information Administration has estimated that there are about 53 billion tons of coal reserves in the Appalachian Basin. Potentially we could be digging for that coal for the rest of this century. But that coal will come to us with great devastation. If you'd like to know more about the great social and environmental costs of mountaintop coal mining, you can check out this article, "Coal Controversy in Appalachia," published in NASA's Earth Observatory website.
On October 15, EPA administrator Lisa Jackson recommended the withdrawal of the Spruce No.1 mining permit. With climate deniers firmly placed in the 112th Congress, we can surmise safely that this fight is far from over.
To understand why Hansen is willing to risk his government job and his scientific credibility by getting arrested time and again, you simply have to take a look at the title of his article in late August in the Guardian: "Am I an activist for caring about my grandchildren's future? I guess I am."
We Must End Coal-and-Oil to Start Clean Energy
As I think about our inability so far to end our fossil-fuel based economy and start a clean-energy future, I think about the following words by T. S. Eliot from his poem, Little Gidding, which is part of his masterpiece Four Quartet:
What we call the beginning is often the end
And to make an end is to make a beginning.
The end is where we start from.
The beginning of coal-and-oil has been the beginning of the end of sustainable living on earth; to make an end for coal-and-oil would ensure a beginning for clean energy. But unless we make such an end, there'll be no beginning for clean energy to take us back to sustainable living on earth.
Next year the First Family will be taking showers with water warmed by the mighty sun falling on the solar panels that will be installed on the roof of the White House. But such small symbolic action and other clean-energy initiatives will be meaningless if the five fossil fuel projects I mentioned take off happily during the 112th Congress.
We've burned coal-and-oil for more than hundred years that has resulted in the human-made climate change we're dealing with right now. We cannot allow one more hundred years of the same. So we must stand up and STOP any maniacal plan that would set us on a path to 'another one hundred years of fossil-digging in North America.'
Fighting these mega-scale projects may seem overwhelming for any individual, but here are a few things you can do this month:
- Art--Find out about 350 EARTH (November 20-28), the largest human aerial-art installation ever to fight climate change, and see how you can get involved.
- Letter--Write a letter for the 'Million Letter March: The Write Way to Stop Climate Change' campaign.
- Petition--Sign the Alaska Wilderness League 'Keeping it Wild' petition and urge President Obama to designate the Arctic National Wildlife Refuge as a National Monument.
- LTE--Write 'Letter to the Editor' opposing Shell's 2011 drilling plan in the Beaufort Sea.
- Posters--Work with artists and writers in your community and create posters on all of the five projects I mentioned and distribute them throughout your town to educate your community members. Being informed about these fossil-digging projects is the first step toward engagement that may lead to action.
For our part, we'll regularly present stories on this series at ClimateStoryTellers.org.
Subhankar Banerjee is a photographer, writer, activist, and founder of ClimateStoryTellers.org. His arctic photographs can be seen in a solo exhibition 'Resource Wars in the American Arctic' at the School of Fine Arts Gallery at Indiana University in Bloomington through November 19 and in a group exhibition '(Re) Ciclos del Paraíso' organized by ARTPORT at the Centro Cultural de España in Mexico City through January 16, 2011, that'll overlap with the UN Climate Conference COP16 to take place in Cancún, Mexico. His climate change photography is discussed by art critic Yates McKee in his essay 'Survival' in 'An Atlas of Critical Climate Change' (Fordham University Press, 2011) and in another essay also by Yates McKee in 'The Visual Cultures of Nongovernmental Politics' (Zone Books/MIT Press, 2011). Subhankar is currently putting together an anthology tentatively titled, 'Arctic Voices.'
[Note for readers: I'd like to thank Christine Clifton-Thornton, Senior Editor of ClimateStoryTellers.org for her thoughtful edits of this piece, and to Luci Beach, Executive Director of Gwich'in Steering Committee and Cindy Shogun, Executive Director of Alaska Wilderness League for bringing to my attention the recent initiatives.]
Copyright 2010 Subhankar Banerjee
Crossposted with ClimateStoryTellers.org
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