New York Times reports that all five of the biggest oil companies are now factoring in a likely carbon price in their financial calculations. The consensus behind a carbon tax is growing as more businesses and more conservative scholars and thinkers get on board.
Check out State Auditor Rebecca Otto's op-ed in the Star Tribune on financial assurance for the PolyMet project.
Also check out the EPA's recent letter to the U.S. Army Corps of Engineers urging denial of permits for the Rosemont copper mine in Arizona.
At the same time, the Minnesota Environmental Quality Board (EQB) continues to work on developing a model ordinance regulating silica sand mining that local governments can choose to adopt. MCEA has urged the EQB to make a number of options available to local governments, including much stricter options, instead of just putting out something intended as the floor below which local governments should not go. EQB has an update on their agenda for this Wednesday's meeting.
Fortunately, right now, silica sand demand is down, which is giving regulators some breathing space. The cumulative impacts environmental impact statement effort should be getting underway shortly. Stay tuned.
Minnesota Center for Environmental Advocacy
26 East Exchange Street, Suite 206
St. Paul, MN 55101 | (651) 223 - 5969