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Matt Petersen

Matt Petersen

Posted: June 15, 2010 12:31 PM

Mr. President, BP's Fines Should Also Fund a Foundation to Help Hard-Working Gulf Coast Residents Toward a Cleaner, Greener Future

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Mr. President, we need you to lead in creating a clean energy future for this nation that starts with energy and fuel efficiency, advances renewable energy, puts a price on the pollution created from fossil fuels, and ends subsidies of oil, gas, and coal. We also need you to hold BP accountable for the worst environmental disaster in our nation's history.

Mr. President, in addition to full restitution for the impact of the oil spill to the jobs lost, impact to ecosystems, and restoration of all the devastation wrought by the BP Oil Spill, we must also ensure a lasting legacy for a cleaner, greener future.

Mr. President, when you address the nation tonight, let's transform the Gulf Coast, to the Green Coast, and help the region lead America off our addiction to cheap oil.

In the years ahead as the ecosystems and fishing communities continue to struggle, as we require greater regulation of any continued offshore oil drilling, and we change our national policy, we need to help create a network of nonprofits, cities, and businesses working together to transform the heart of our oil and gas industry to the heart of our green, clean energy technology future.

How? Mr. President, in addition to demanding BP put billions of dollars into escrow to pay for restoration, require BP to deposit $2.5 billion into an independent foundation as part of the fines the Justice Department needs to make them pay. The foundation would fund environmental, conservation, and clean energy initiatives along the Gulf Coast. There is a dearth of grant makers -- and hence, environmental organizations -- that are actually located along the Gulf Coast and/or that fund groups located there. We need to change that.

Why? The cozy culture between regulators and oil companies can not continue. Sunshine is the best policy and solution, and nonprofits who are not dependent on oil funding -- as so many are currently along the Gulf Coast -- is critical to our success.

On the board of this new foundation -- let's call it the Gulf Coast Clean Energy and Healthy Communities Foundation -- needs to be not just the heads of the community foundations that exist in the region (e.g., Greater New Orleans Foundation, Foundation for the Mid-South, etc), but representatives of environmental groups working in the region who have offices on the ground, along with citizens from each state.

In addition to traditional grants to fund research, technical assistance, and model policy development, the foundation should also employ other strategies to help create new green businesses, and clean jobs. To create off shore wind, solar, energy efficiency products, and other key needs for a sustainable and clean economy, the foundation would invest its principal in businesses and/or other vehicles -- alone or jointly with cities, states, or other foundations in the region -- to create these clean, green jobs.

This not only helps the fishing and tourism businesses, but also creates an opportunity for oil workers to transition to cleaner, healthier, less dangerous jobs.

Mr. President, let us not just clean up the mess, and create national policies that ensure this never happens again. Let us create a greener, cleaner future for the Gulf Coast. Let us empower the great, hard working Americans in Louisiana, Mississippi, Alabama, Texas and Florida to lead the way in helping end our nation's addiction to oil.

 

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09:43 PM on 06/15/2010
Why isn't the President doing more to ensure that all the wildlife rescue groups have more access to the oiled and dangered wildlife, be it birds, turtles, fish, dolphin, etc. I've heard that now sea turtles are getting caught in fires that are being set to burn off the oil, and BP is not allowing the rescuers to get into the areas to rescue the trapped turtles, thereby condemning them to a fate of burning alive. Where is the President on this and why isn't he doing something, anything about it? I voted for him and have supported him, but he is losing a piece of my support every single day that passes that more and more animals die with no branch of the government getting involved in saving them, ensuring they are being handled, accessed, and at least attempted to be saved. I need an answer to this!
02:20 PM on 06/15/2010
Great post Matt! I agree and am trying to help Global Green USA with my song donations.
Because in the absence of this new foundation fund you are calling for you still need funding for your current efforts in the Gulf Coast.
I hope the President considers your proposal and in the meantime hope my songs help to make a small difference. Keep up the good work. Your work in response to Katrina is a good example of what you can do for the Gulf Coast:

http://gilsmusic.bandcamp.com
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01:41 PM on 06/15/2010
I agree whole heartedly with this article!!! The people in the Gulf are fearful of losing jobs, and a lot of them think that oil is their only solution despite this oil catastrophe. Bringing more green jobs there would be the way to go, and they deserve it!!!
01:08 PM on 06/15/2010
Yes. And BP should have to pay for the mortgage crisis. And pay for all of our healthcare. And pay to save the whales and the seals. And for Michael Jackson's funeral costs. And ....
01:06 PM on 06/15/2010
This clean, renewable energy is a farce. Energy cannot be created, only converted. Saying that solar or wind is a 'clean' energy is false. The solar panels and wind turbines need to be built, and they have a very bad by product. First, solar panels are made and the manufacturing creates silicon tetrachloride, which is a very dangeous substance. Whereever this is deposited, the land becomes barren, and will not support any life.
"The land where you dump or bury it will be infertile. No grass or trees will grow in the place. … It is like dynamite — it is poisonous, it is polluting. Human beings can never touch it,” said Ren Bingyan, a professor at the School of Material Sciences at Hebei Industrial University. Even recycling that compound takes huge amounts of energy, itself generating its own pollution.Farther down the production line, the gaseous compound nitrogen triflouride (NF3) is required for thin film solar cells (and “environmentally friendly” energy-efficient LCD TVs). The problem? That gas is 17,000 times more potent as a greenhouse gas than CO2. In fact, the atmospheric concentration of nitrogen triflouride has quadrupled, and according to NASA is increasing at a rate of about 11 percent per year.
http://pajamasmedia.com/blog/renewable-energy-there-aint-no-free-lunch/
Wind needs massive amouts of steel, which requires coal in the steel making process, as well as coal to help the fires to create the steel. Not to mention the batteries needed for storage.