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Jackson, Ryan[jackson.ryan@epa.gov] Bloomberg BNA Environment & Energy Wed 11/1/2017 11:07:57 AM First Move: Tax Time Arrives House to Move on Wildfires Colorado Mine's Concerns
Tax Time Arrives House to Move on Wildfires Colorado Mine's Concerns
By Chuck McCutcheon
House Republicans are rolling out a gigantic tax bill today. And the bill faces a couple of gigantic challenges.
One is the bill must gain reasonably broad GOP support. Another is it has a speedof-lig ht--by legislative standards--tin' le devised with the goal of delivering a resounding Christmas present for President Trump and its backers in Congress.
It's possible th
explorers could be big winners, and ' njltibillion-dofe
benefit from a move to slash th
rporate tax ra ' '' - mestic energy
producers paid the second-highest effective tax rate of any business sector in 2014
a'
rcent.
Tax credits for wind and solar energy also have been discussed. Congress voted to extend credits for both unde i - 15 deal, b - 7 iministrator Scott Pruitt is calling for those credits to end early, saying wind and solar should "stand on their own" and compete against coal and other fossil fuels.
Supporters of the wind and solar credits have made their pitch to preserve those, as well as renew similar tax credits for other cleaner energy sources, including geothermal and fuel cells.
Texas Republican Kevin Brady, who heads the tax-writing panel, could tinker with
the legislation bef
his committee members get together next month to start
the markup process.
11 i use is expected to consider a bill today in response i ent devastating wildfires.
A flag hangs in front of a fire-destroyed home in Santa Rosa, Calif.
Photo by Justin Sulhvan/Getty Images
Arkansas Republican Bruce Westerman`s measure seeks to reduce the risk of
Sierra Club v. EPA, 1:17-cv-01906
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wildfires by giving the U.S. Forest Service various ways to fund fire suppression while giving loggers access to thin overgrown forests. It's a reworked version of legislation that passed the House in 2015 with the backing of 20 Democrats before failing to make it out of the Senate.
The White House late yesterday said it has concerns about the bill's proposed changes to the Stafford Act disaster relief law. Those called-for changes, it said, "would force competition for funding between wildfires on federal land and other disasters already covered by the Stafford Act, including hurricanes."
Big mining companies such as Peabody Energy and Alpha Natural Resources are watching what happens at Arch Coal's West Elk Mine in Colorado.
T
le is emitting volatile organic compounds--compounds that easily become
vapors or gases--at levels that violate Colorado's air qug
mdards, Tripp Baltz
repoi
vironmentalists say the state is dragging its heels on enforcement
because of industry-induced pressure. State officials deny that, citing in part how
hard it is to estimate emissions.
The unfolding debate could have an impact
Act permitting
requirements at other underground coal mines nationwide with large methane
emissions.
Other Stories We're Covering
Scientists who get EPA grants can no longer serve on an agency's scientific
advisory panel. Syl - ' rignan tak
ok at what that means.
Refrigeration industry trade companies and officials are pushing for the Trump
administration to keep intact at least one Obama-era climate policy: a deal to
phase down refrigerant chemicals that are potent greenhouse gases. Abby
Smith is following.
A week after vowing that I
stting tough on corporate polluters, Pruitt says
Exxon Mobil will pay more than $300 million to resolve air pollution violations
tied to eight chemical plants in Texas and Louisiana.
Turning California's giant San Pedro Bay Port Complex int
ro-emissions
operation will cost $14 billion under a plan that harbor commissioners will
consider Thursday. Carolyn Whetzel is covering.
The EPA's Pesticide Program Dialogue Committ
>anel of
environmentalists, trade group representatives, and state officials, will meet
today and Thursday to discuss top issues the agenc
sticides program
faces. Tiffany Stecker is covering.
Quote of the Day
"This is like your best friend drove a truck through your house." --Former FERC chairman Pat Wood III, a Texan, lamenting Energy Secretary Rick
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Perry's proposal to help the coal and nuclear industries after having cheered Perry's backing of renewables when he was Texas governor..
Today's Events
10 a.m. Nominations Senate commerce and science panel considers
nominations for NASA administrator and assistant commerce secretary for
environmental observation and prediction..
0 p.m. Energy Efficiency Johns Hopkir . ,i versify sponsors talk on
how energy efficiency can be financed in emerging markets.
I in. Latin America Wilsc r i iter offers webcasted event on developing
low-carbon economies in Latin America.
p m. Climate Columbi . i ersi' - .enter on Global Energy Policy holds
webcasted discussion on Bonn climate talks featuring a Paris Agreement
negotiations co-chair.
Around the Web
A Belgian beech tree is tweeting information from attached sensors about its health, something scientists hope can help with climate protection.
A conceptual artist is turning water bottles from Flint, Mich., into raincoats and swimwear.
Alaska oil and gas regulators have issued an emergency order to review of North Slope wells after a spill was connected to thawing permafrost, subsidence and a cracked casing.
For all of today's Bloomberg Environment headlines, visit Environme
gy
Report
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