Showing posts with label environment. Show all posts
Showing posts with label environment. Show all posts

Tuesday, February 6, 2007

Global Warming cited as "unequivocal"

So the big news the past few days has been the new report by hundreds of scientists on global warming declaring its existence “unequivocal” and man-made. Meanwhile, Al Gore had his global warming movie, an Inconvenient Truth, nominated for an Oscar. Even President Bush acknowledged global warming in his recent State of the Union address. Despite Exxon’s attempts to discredit science through bribery, it seems like everyone is at least on board that global warming is a problem and now we can start working for constructive solutions. Except for Rep. Roskam that is. What does he think about global warming? At a debate late year, he drew heckles from the crowd when he called global warming “junk science.” This is someone out of touch with reality and too conservative for Illinois.

Thursday, January 25, 2007

Are you kidding?

Did anyone else see Roskam's justification for voting for H.R. 6 and tax cuts for oil companies? Get this:

“The bill is overflowing with unintended consequences. One of the most disturbing is severely damaging the retirement savings of seniors. Retirement and pension accounts hold forty-one percent of domestic oil and gas company shares. When our domestic companies’ production levels shrink, so do the hard-earned and well-deserved savings of our seniors."

Oh please. Only a trial lawyer could come up with such baloney. Remember this quote - If in the future he votes for legislation that will hurt seniors (he's already voted against allowing the government negotiate for cheaper prescription drugs), I will be sure to bring this quote back up.

Of course, its complete nonsense that he voted against repealing these corporate handouts because of seniors. Remember, having the government collect the $14 billion it should be collecting would leave lots more money available for Social Security (which doesn't depend on the inequitable owning of stocks), Medicare, and the promotion of clean energy (I'm sure a few retirees have stocks in clean energy companies too).

And how much of this corporate handout are actually going to the stockholders? According to the 13th Annual CEO Compensation Survey:

*The top 15 U.S. Oil Barons are paid 281 percent of the average CEO
compensation in comparably sized businesses. The top 15 U.S. Oil
CEOs were paid an average of $32.7 million in 2005 while the average
compensation for CEOs of large U.S. firms in all industries was
$11.6 million.

*Top three highest paid U.S. oil chieftains in 2005:
#1 William Greehey (Valero Energy) = $95.2 million
#2 Ray R. Irani (Occidential Petroleum) = $84.0 million
#3 Lee Raymond (outgoing CEO of ExxonMobil) = $69.7 million

And lest anyone think that is the pay required to get a CEO capable of running an oil company:

*The second- and third-largest oil companies in the world are both foreign firms, British Petroleum and Royal Dutch Shell. Both pay their
CEOs considerably less than comparable U.S. oil companies. While
they operate in the same global marketplace, their average pay was
$4.8 million, compared to the average of $39.2 million for the top 2
U.S. oil CEOs.

If Roskam really cares about the minority of retirees that have stock in oil companies, perhaps he should look into doing something about CEO pay disparity? Of course, maybe the $127,065 he's received from energy interests is the real reason he voted to keep their corporate hand-outs. It certainly isn't to protect an average American retiree. That is one of the lamest justifications for voting the wrong way I've ever heard.

Roskam breaks promise on environment

I've already bashed Roskam for his vote to give tax breaks for oil companies instead of working for clean energy solutions, but there has been 2 new developments since then. First of all, President Bush made clean energy and reducing oil consumption by 20% a major part of his State of the Union address the other day. Second, I came across this letter in today's Chicago Sun Times. Until then, I didn't even realize that Roskam had signed a pledge to support clean energy during the his campaign. Can we trust his word on anything? We'll see how the rest of his term goes, but breaking a campaign pledge and harming our enviroment in the first 100 hours is not a good start.

Roskam's vote for Big Oil

U.S. Rep. Peter Roskam (R-Ill.) did not support the Clean Energy Act despite his campaign promise to work toward a new energy future. Almost a year ago, President Bush acknowledged that we are ''addicted to oil.'' Unfortunately, instead of being invested in clean energy solutions, billions of taxpayer dollars have been used to subsidize big oil companies at a time of record profits for the oil industry.

On Jan. 18, the U.S. House took the first step and passed legislation that will repeal $14 billion in Big Oil handouts and use that money to fund the clean energy technologies that reduce our dangerous dependence on oil. Unfortunately, Roskam voted against the Clean Energy Act despite his signature on a New Energy Future promise that he signed during his election campaign. One can't help but wonder how Roskam will keep his promise to put us on a path to a new energy future when his very first vote cast on energy policy is in favor of the oil companies.
LuCinda Hohmann,
field associate,
Environment Illinois


Friday, January 19, 2007

Roskam votes for big oil

So Roskam once again goes with the hard line conservatives and votes for tax breaks for Exxon and other big oil companies (H.R.6). I guess he missed the headlines about the record setting $10.7 billion in quarterly profits Exxon recently made. What about helping the working classes Mr. Roskam? Maybe he voted because Big Oil companies contributed $70,765 to help him get elected? I guess he does take after his indicted former boss and K-Street project founder, Tom Delay, when it comes to influence peddling.

Giving away $14 billion dollars to companies making record profits is a terrible idea. If we are ever to become energy independent it makes sense to use this $14 billion towards an apollo like enery project. From the Apollo Alliance, I've learned that $14 billion can potentially: Power 4.2 million homes with wind energy. Create 29,000 jobs in the solar industry. Or fund incentives to help 5.6 million Americans purchase hybrid cars. But unforturtunately, Roskam once again votes the wrong way. He is way too conservative for Illinois.