Robert Pollin

Chris Williams and Robert Pollin interviewed by Jessica Desvarieux - The Real News Network, July 30, 2014

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Biography

Chris Williams is a long-time environmental activist and author of Ecology and Socialism: Solutions to Capitalist Ecological Crisis. He is chair of the science department at Packer Collegiate Institute and adjunct professor at Pace University, in the Department of Chemistry and Physical Science. His writings have appeared in numerous publications, including TruthOut, Z Magazine, Green Left Weekly, Alternet, CommonDreams, ClimateAndCapitalism, ClimateStoryTellers, The Indypendent, Dissident Voice, International Socialist Review, Socialist Worker, and ZNet. He reported from Fukushima in 2011 and was a Lannan writer-in-residence in Marfa, Texas over the summer of 2012, where he began work on his second book. He was awarded the Lannan 2013-4 Cultural Freedom Fellowship to continue this work. He has just returned from four months in Vietnam, Morocco and Bolivia, examining the impact of economic development and climate change in relation to energy, food and water issues.

Robert Pollin is professor of economics at the University of Massachusetts Amherst. He is the founding co-director of the Political Economy Research Institute (PERI). His research centers on macroeconomics, conditions for low-wage workers in the US and globally, the analysis of financial markets, and the economics of building a clean-energy economy in the US. His latest book is Back to Full Employment. Other books include A Measure of Fairness: The Economics of Living Wages and Minimum Wages in the United States and Contours of Descent: US Economic Fractures and the Landscape of Global Austerity.

By Robert Pollin - New Labor Forum, Winter 2014

From 2014...

In June 2012, President Obama announced his “Climate Action Plan.” This is his administration’s major second-term initiative to re-energize its agenda around fighting climate change and supporting major new investments in clean energy.

The primary focus of the Action Plan is the administration’s program to dramatically reduce carbon emissions from the country’s electricity utility plants. These emissions result primarily from burning coal, but also natural gas, to produce electricity. Carbon emissions from electricity generation represent about one-third of all greenhouse gas emissions produced by all sources within the U.S. economy today. It is evident that these emissions need to be cut dramatically if we are going to stop playing Russian roulette with the environment.

New Regulations and Technologies Are Not Enough

The administration’s strategy for achieving these emissions cuts is to begin strictly enforc-ing the existing air pollution regulations estab-lished as part of the 1990 Clean Air Act.

The administration is taking this approach because it allows them to avoid asking Congress to either spend more money or pass new regulations.The administration expects that the utility companies can achieve the needed emissions reductions through a technological fix: the introduction of carbon capture and sequestra-tion (CCS) processes, through which, they believe, coal and natural gas could burn cleanly. This is how the phrase “clean coal” has begun to emerge on billboards and TV commercials. CCS encompasses several specific technolo-gies that aim to capture carbon emissions from power plants and other industrial facilities. The captured carbon is then transported, usually through pipelines, to locations where it is then stored permanently—that is, for all time—in subsurface geological formations.

Opponents of the administration’s Action Plan claim that CCS remains unproven and, even if it becomes technically feasible, would impose heavy new costs on utilities.

In this instance, the administration’s critics have the weight of evidence on their side. As such, the Action Plan faces two fundamental problems. First, as there is no proven technol-ogy for delivering clean coal—or, for that mat- ter, clean oil or natural gas—the only viable path for dramatically reducing carbon emis-sions is to sharply reduce fossil fuel consump-tion. This, in turn, means that workers and communities dependent on the fossil fuel indus-tries will face job losses and retrenchment. It is therefore no surprise that even Democratic pol-iticians representing the affected communities are actively opposing Obama’s initiative.

Read the report (PDF).