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					<td class="bar2">The home of latest and greatest in climate change and youth action news! Post here on stories from your backyard and around the world. Share successes, reflections, ideas... <br />
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						<div id="blogpost1913572">
						<div id="blogtext1913572original"><p><a href="http://www.mofa.go.jp/" target="_blank">Japan Foreign Affairs </a>Press Secretary, Kazuo Kodama tonight <strong>re-affirmed  Japan’s concerns around climate change</strong>. &ldquo;As we all know, the<strong> global  community must address the issue</strong> of rising sea levels and rising  temperatures. In order to address [climate change] there seems to be a  consensus today …that <strong>we have to transform our society </strong>from  carbon intensive one <strong>to a low carbon society</strong>.&rdquo;<a href="http://itsgettinghotinhere.files.wordpress.com/2010/03/japan-foreign-affairs.jpg"><img title="Japan Foreign Affairs" src="http://itsgettinghotinhere.files.wordpress.com/2010/03/japan-foreign-affairs.jpg?w=613&amp;h=211" alt="" width="613" height="211" /></a></p>
<p><span></span>Kodama spoke on the eve of the beginning of the <strong><a href="http://g8.gc.ca/ministers-meetings/foreign-ministers/" target="_blank">G8 Foreign Ministers&rsquo; meetings</a> in Gatineau, Canada.</strong> He represented his minister s he explained the <strong>ebbs and flows</strong> <strong>of Japan’s climate push,</strong> as  he said, &ldquo;<a href="http://en.wikipedia.org/wiki/Kunio_Hatoyama" target="_blank">Prime  Minister Hatoyama </a>and <a href="http://www.mofa.go.jp/" target="_blank">Minister Okada</a> are  really <strong>the leaders on this issue</strong>. The key challenge for us, the  Japanese community, is that it’s very important for us to convince our  people that<strong> climate change counter initiatives are compatible </strong>with  sustained economic growth.&rdquo;</p>
<p>That said, Japan still managed to recently <strong>successfully pass their  own climate change bill</strong>, including a commitment of <strong>emission cuts  a quarter below what they were in 1990</strong> by 2020. Japan is also  currently engaged in the <strong>G20</strong> discussion of <strong>innovative  financing </strong>as a way to put new money towards development aid and  climate change. Canada will debate the next stage of its potential <strong>climate  change Bill C-311</strong> this Wednesday.</p>
<p><em>The G8 Foreign Ministers&rsquo; meetings continue on Tuesday, March 30.</em></p>
<br />Filed under: <a href='http://itsgettinghotinhere.org/category/region/asia/'>Asia</a>, <a href='http://itsgettinghotinhere.org/category/region/canada/'>Canada</a>, <a href='http://itsgettinghotinhere.org/category/climate-policy/'>Climate Policy</a>, <a href='http://itsgettinghotinhere.org/category/economics/'>Economics</a>, <a href='http://itsgettinghotinhere.org/category/g8/'>g8</a>, <a href='http://itsgettinghotinhere.org/category/global-warming/'>global warming</a>, <a href='http://itsgettinghotinhere.org/category/government/'>Government</a>, <a href='http://itsgettinghotinhere.org/category/international-affairs/'>International Affairs</a>, <a href='http://itsgettinghotinhere.org/category/reporting-team/'>Reporting Team</a>  <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gocomments/itsgettinghotinhere.wordpress.com/18226/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/comments/itsgettinghotinhere.wordpress.com/18226/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godelicious/itsgettinghotinhere.wordpress.com/18226/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/delicious/itsgettinghotinhere.wordpress.com/18226/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gostumble/itsgettinghotinhere.wordpress.com/18226/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/stumble/itsgettinghotinhere.wordpress.com/18226/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godigg/itsgettinghotinhere.wordpress.com/18226/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/digg/itsgettinghotinhere.wordpress.com/18226/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/goreddit/itsgettinghotinhere.wordpress.com/18226/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/reddit/itsgettinghotinhere.wordpress.com/18226/" /></a> <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=itsgettinghotinhere.org&blog=1001964&post=18226&subd=itsgettinghotinhere&ref=&feed=1" /></div>
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					<td width="40%" class="details" >March 30, 2010 | 12:03 PM</td>
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						<div id="blogtext1913574original"><p>Maritime shipping regulations, oil-spill cleanup capabilities and search and rescue capabilities topped the agenda at today’s <strong>Arctic Ocean’s Foreign Ministers’ meeting </strong>in Chelsea, Canada, held immediately before the <strong>opening of the <a href="http://g8.gc.ca/ministers-meetings/foreign-ministers/" target="_blank">G8 Foreign Ministers’ meeting</a></strong> in Gatineau, Canada.</p>
<p>While these top-line issues make headlines, at the core of all these emerging Arctic issues, is <strong>climate change</strong>.  These meetings were based on the<a title="Download the Ilulissat Declaration" href="http://itsgettinghotinhere.org//www.arcticgovernance.org/.../Ilulissat+Declaration+Implications+ver2+fr+CFM+12+05+08.pdf" target="_blank"> Ilulissat Declaration of 2008</a>, which recognizes &ndash; and is largely based on &ndash; the <strong>quickly changing Arctic due to climate change</strong>. Today&rsquo;s meetings showed us <strong>which international players are thinking and acting </strong>on issues of climate.<a href="http://itsgettinghotinhere.files.wordpress.com/2010/03/arctic-oceans.jpg"><img title="Arctic Oceans" src="http://itsgettinghotinhere.files.wordpress.com/2010/03/arctic-oceans.jpg?w=645&amp;h=221" alt="" width="645" height="221" /></a><span></span></p>
<p>Today <a href="http://www.regjeringen.no/en/dep/ud/about_mfa/minister_foreign.html?id=1346" target="_blank">Norwegian Foreign Minister Jonas Gahr Stoere</a> reminded all ministers of the <strong>rationale behind their meeting</strong>. &ldquo;I think we are discovering that the <strong>Arctic is climbing to the top attention</strong> of the international community, and for good reason, <strong>because of climate change</strong>, new sailing routes, available resources [and] geo-political changes.&rdquo;</p>
<p><a href="http://pm.gc.ca/Eng/bio.asp?id=45" target="_blank">Canadian Foreign Minister Lawrence Cannon</a> seconded that thought by a thin thread by noting, “The <strong>Arctic Ocean region is on the verge of significant and fundamental change</strong>.” Minutes later, he merged into the fact that climate change was also helping us <strong>uncover 1/5 of the remaining petroleum reserves</strong>, which lie largely within the jurisdiction of the five coastal states invited to the ministerial &ndash; an issue that environmental and indigenous groups <a title="View photos of yesterday's rally" href="http://www.flickr.com/photos/powless/4473794657/in/set-72157623605097823/" target="_blank">took issue with </a>earlier today. “<strong>International interest in the region has never been greater</strong>,” he said.</p>
<p><a href="http://itsgettinghotinhere.files.wordpress.com/2010/03/flags.jpg"><img title="flags" src="http://itsgettinghotinhere.files.wordpress.com/2010/03/flags.jpg?w=300&amp;h=288" alt="" width="300" height="288" /></a>And despite <a href="http://www.state.gov/secretary/" target="_blank">Secretary of State, Hillary Rodham Clinton</a>, breezing past the press gallery without a word <em>(a little heart-breaking, yet understandable given our remarkably short-term relationship)</em>, she certainly made up for it this afternoon on <a href="http://www.ctv.ca/powerplay/" target="_blank">CTV’s Power Play</a> interview with Tom Clark (<a href="http://www.state.gov/secretary/rm/2010/03/139207.htm" target="_blank"><em>full script here</em></a>) as she had her say on the Arctic ministerial and the <strong>plethora of issues at hand and at stake</strong>.</p>
<p>She explained, as did Cannon, the need for countries such as the United States and Canada to <strong>band together to take on new northern challenges</strong> as climate change opens up the great North. “<strong>Neither of us could do it alone</strong>; together we’re getting very valuable information.”</p>
<p>&ldquo;I mean, there are so many<strong> issues that ten years ago were theoretical. Today they’re real</strong>. We are seeing the <strong>retreat of the ice </strong>- unfortunately. We are seeing our indigenous populations under <strong>greater and greater pressure</strong>. I am working with Foreign Minister Cannon to see how we can make progress on some of these <strong>matters that up </strong><strong>until now have been academic, but now we need to take them seriously </strong>and try to make progress together.&rdquo;</p>
<p><strong>And on climate change?</strong> Clinton says, &ldquo;We have to do research into the fisheries as the <strong>water warms because of climate change in the Arctic </strong>– What’s going to happen to the fishing stock and how do countries like the United States and Canada, which <strong>share a coastal region</strong> with the Arctic Ocean, <strong>get prepared</strong> for that?&rdquo;</p>
<p>&ldquo;If we don’t start coordinating, yes, there is the potential for some challenges. But I think if we get ahead of it, and we lay out how we’re going to do this,<strong> I believe we can be in good shape going forward</strong>.&rdquo;</p>
<p>As climate change continues to impact northern regions,<strong> issues of security, safety, peace and development</strong> are all issues at the forefront of governments minds. <strong>The climate scientists called it. And now it&rsquo;s here. </strong>Our goal now is to <strong>adapt to the changes</strong> we&rsquo;ve already locked ourselves in to, while pushing as hard and as fast as we can to <strong>stop emissions from growing </strong>in the world.</p>
<p>Today&rsquo;s meetings showed that our leaders are <strong>ready to deal with the challenges</strong>, while <strong>Clinton, Okada and Stoere</strong> go as far as to understand the true depths and importance of <strong>why these issues have become issues n the first place</strong>.</p>
<p>Like Minister Cannon said, <strong>“We clearly understand the potential of the north &ndash; the vast magnificent northern treasure &ndash; for generations to come.”</strong> It&rsquo;s now up for all Arctic states to prove this is the case.</p>
<br />Filed under: <a href='http://itsgettinghotinhere.org/category/region/canada/'>Canada</a>, <a href='http://itsgettinghotinhere.org/category/climate-policy/'>Climate Policy</a>, <a href='http://itsgettinghotinhere.org/category/economics/'>Economics</a>, <a href='http://itsgettinghotinhere.org/category/events/'>Events</a>, <a href='http://itsgettinghotinhere.org/category/g8/'>g8</a>, <a href='http://itsgettinghotinhere.org/category/government/'>Government</a>, <a href='http://itsgettinghotinhere.org/category/international-affairs/'>International Affairs</a>, <a href='http://itsgettinghotinhere.org/category/interviews/'>Interviews</a>, <a href='http://itsgettinghotinhere.org/category/oceans/'>Oceans</a>, <a href='http://itsgettinghotinhere.org/category/politics/'>Politics</a>, <a href='http://itsgettinghotinhere.org/category/reporting-team/'>Reporting Team</a>, <a href='http://itsgettinghotinhere.org/category/united-states/'>United States</a>  <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gocomments/itsgettinghotinhere.wordpress.com/18219/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/comments/itsgettinghotinhere.wordpress.com/18219/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godelicious/itsgettinghotinhere.wordpress.com/18219/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/delicious/itsgettinghotinhere.wordpress.com/18219/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gostumble/itsgettinghotinhere.wordpress.com/18219/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/stumble/itsgettinghotinhere.wordpress.com/18219/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godigg/itsgettinghotinhere.wordpress.com/18219/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/digg/itsgettinghotinhere.wordpress.com/18219/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/goreddit/itsgettinghotinhere.wordpress.com/18219/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/reddit/itsgettinghotinhere.wordpress.com/18219/" /></a> <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=itsgettinghotinhere.org&blog=1001964&post=18219&subd=itsgettinghotinhere&ref=&feed=1" /></div>
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					<td width="40%" class="details" >March 30, 2010 | 12:03 PM</td>
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												<a href="http://www.tigblog.org/group/climate/post/1913788" class="heading">WashU Students Protest Peabody and Tell Them to Get Out of their University</a>
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						<div id="blogtext1913788original"><p><em>Written by Arielle Klagsbrun at Washington University in St. Louis</em></p>
<p>After months of working on-campus to rename the <a title="Consortium for C!#@n Coal Utilization" href="http://cleancoal.wustl.edu/">Consortium for C!#@n Coal Utilization</a>, here at Washington University, we decided to take our concerns to the source: the corporate headquarters of Peabody Energy in downtown St. Louis. Since our <a title="flashmob" href="http://itsgettinghotinhere.org/2009/11/04/video-washu-flashmob-confronts-coal-executives/#more-14229">flashmob</a> against our administration’s coal-sponsored “America’s Energy Future” Conference, a unanimous <a title="Student Union Senate Resolution" href="http://itsgettinghotinhere.org/2009/11/17/viva-la-resolution-wash-u-senate-urges-university-to-change-name-of-consortium-for-clean-coal-utilization/">Student Union Senate Resolution</a> calling for the renaming of the Consortium and a meeting with the head honchos of the Consortium have not yet yielded our goal – to remove the misleading term &ldquo;c!#@n coal&rdquo; from the Consortium&rsquo;s name – we decided to take our concerns downtown.</p>
<p>This past Friday, March 26, 2010, over fifty Washington University students and St. Louis community members gathered outside of Peabody Energy to protest the company&rsquo;s business practices. WashU senior Todd Zimmer laid out our demands for the crowd and for Peabody executives. “We want an end to dirty energy,&rdquo; he said, &ldquo;we want an end to lies about c!#@n coal, &hellip; And we want an end to the relationship between Washington University and Peabody Energy.&rdquo; Many St. Louis employees emerged from their office buildings to hear our chants of “C!#@n coal, hell no, that’s a lie, it’s got to go,” and “coal, coal, no solution, we are sick of your pollution,”  accompanied by a drum set, full-size banners, and signs held by protesters.</p>
<p><span><a href="http://itsgettinghotinhere.org/2010/03/30/washu-students-protest-peabody-and-tell-them-to-get-out-of-their-university/"><img src="http://img.youtube.com/vi/7aWUdoEA_Gk/2.jpg" alt="" /></a></span></p>
<div><span></span>While there were many police officers – both city and Peabody security – the protest remained wholly non-violent. We had expected the Peabody security contingent; earlier this week, after the protest was advertised on Facebook and in pamphlets, an anonymous Peabody employee leaked us an internal memo. This memo alerted employees about the protest, telling them to avoid the front entrance, and described us as “anti-everything” activists.</div>
<div>WashU senior Jennifer Marienau dispelled this notion. “We are not anti-everything,” she told the group in a speech, “We’re not anti-community. We’re not anti-solution. We’re for people power, not destructive power.” We students ended our peaceful demonstration with a die-in. With each iteration of the chant, “No joke, coal kills!” members of the protest went fell to the ground in a symbolic representation of the millions endangered by Peabody’s dirty practices and significant contributions to climate change.</p>
<p><a href="http://itsgettinghotinhere.files.wordpress.com/2010/03/coal-is-never-clean.jpg"><img title="coal is never clean" src="http://itsgettinghotinhere.files.wordpress.com/2010/03/coal-is-never-clean.jpg?w=419&amp;h=235" alt="" width="419" height="235" /></a>Our protest was part of the People’s Settlement<span>, a </span>week of action highlighting the unethical behavior of corporations in St. Louis that continually to place profits over people. Peabody certainly qualifies as one of these unscrupulous corporations. This is a company whose subsidiaries engage in the destructive and dangerous practice of <a title="mountaintop removal" href="http://interact.stltoday.com/blogzone/political-fix/dc-download/2009/03/coal-gets-a-jolt-from-epa-decision/">mountaintop removal</a>. This is a company that has <a title="heavily funded efforts" href="http://www.rollingstone.com/politics/story/31633532/as_the_world_burns/6">heavily funded efforts</a> to block all climate legislation up to this point, and is now <a title="suing the EPA" href="http://www.stltoday.com/stltoday/business/stories.nsf/story/0A564F83D7F71FC9862576CD000DE7A1?OpenDocument">suing the EPA</a> over its right to regulate greenhouse gases under the Clean Air Act. This is a company that has adamantly denied the reality of climate change, while developing their dishonest <a title="c!#@n coal marketing campaign" href="http://www.politico.com/news/stories/0409/21474.html">c!#@n coal marketing campaign</a>. This is a company that recently blackmailed St. Louis, threatening to abandon the city and move its jobs elsewhere, unless it received <a title="$10 million" href="http://www.stltoday.com/stltoday/business/stories.nsf/story/6ED27D6520038DBB862576EC00116C3E?OpenDocument">$10 million for &ldquo;office improvements.&rdquo;</a></p>
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<p>And for those of us at Washington University in St. Louis, this is a company that has recently been given a great deal of undue power at <em>our </em>university. In December of 2008, WashU announced the formation of the Consortium for C!#@n Coal Utilization, funded with $5 million each from Peabody Energy and Arch Coal and $2 million from Ameren UE. Students, faculty, and members of the St. Louis community immediately opposed the Consortium because its name featured the term &ldquo;clean coal,&rdquo; a disingenuous advertising slogan and a conspicuous feature in light of the Consortium&rsquo;s corporate sponsors. In August 2009, Peabody CEO Gregory Boyce and Arch Coal&rsquo;s CEO Steven Leer received spots on WashU&rsquo;s Board of Trustees. Peabody&rsquo;s Vice-President of Government Relations Fred Palmer serves on the Advisory Board to the Consortium.</p>
<p>At WashU, we will continue to push until the dirty money of Peabody Energy, as well as Arch Coal, is removed from our campus, and the name of the Consortium for C!#@n Coal Utilization is changed. As students warned this Friday, &ldquo;Chancellor Wrighton, we be fightin&rsquo;, &rsquo;til the coal is gone!&rdquo;</p>
<br />Filed under: <a href='http://itsgettinghotinhere.org/category/act-locally/'>Act Locally</a>, <a href='http://itsgettinghotinhere.org/category/campuses/'>Campuses</a>, <a href='http://itsgettinghotinhere.org/category/dirty-energy/coal/'>Coal</a>, <a href='http://itsgettinghotinhere.org/category/coal-campaign/'>Coal Campaign</a>, <a href='http://itsgettinghotinhere.org/category/corporate-responsibility/'>Corporate Responsibility</a>, <a href='http://itsgettinghotinhere.org/category/extraction/'>Extraction</a>, <a href='http://itsgettinghotinhere.org/category/global-warming/'>global warming</a>, <a href='http://itsgettinghotinhere.org/category/impacted-communities/'>Impacted Communities</a>, <a href='http://itsgettinghotinhere.org/category/political-participation/'>Political Participation</a>, <a href='http://itsgettinghotinhere.org/category/united-states/'>United States</a>, <a href='http://itsgettinghotinhere.org/category/youth-leaders/'>Youth Leaders</a>  <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gocomments/itsgettinghotinhere.wordpress.com/18250/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/comments/itsgettinghotinhere.wordpress.com/18250/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godelicious/itsgettinghotinhere.wordpress.com/18250/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/delicious/itsgettinghotinhere.wordpress.com/18250/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gostumble/itsgettinghotinhere.wordpress.com/18250/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/stumble/itsgettinghotinhere.wordpress.com/18250/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godigg/itsgettinghotinhere.wordpress.com/18250/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/digg/itsgettinghotinhere.wordpress.com/18250/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/goreddit/itsgettinghotinhere.wordpress.com/18250/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/reddit/itsgettinghotinhere.wordpress.com/18250/" /></a> <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=itsgettinghotinhere.org&blog=1001964&post=18250&subd=itsgettinghotinhere&ref=&feed=1" /></div>
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					<td width="40%" class="details" >March 30, 2010 | 12:03 PM</td>
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												<a href="http://www.tigblog.org/group/climate/post/1913786" class="heading">MoJo: JPMorgan Chase&rsquo;s War on Nature</a>
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						<div id="blogtext1913786original"><p><a href="http://itsgettinghotinhere.files.wordpress.com/2010/03/mountaintopremoval300x200.jpg"><img title="mountaintopremoval300x200" src="http://itsgettinghotinhere.files.wordpress.com/2010/03/mountaintopremoval300x200.jpg?w=234&amp;h=156" alt="" width="234" height="156" /></a>Great article in <a href="http://motherjones.com/politics/2010/03/jpmorgan-mountaintop-removal-mining">Mother Jones</a> about Chase&rsquo;s financing of mountaintop removal.  A must read.</p>
<p>And FYI, if this inspires you and you want to take action against Chase, <a href="http://www.fossilfoolsdayofaction.org/2010/">Fossil Fool&rsquo;s Day</a> is only two days away.</p>
<p><strong>JPMorgan’s War on Nature</strong></p>
<p><strong>How the Wall Street darling underwrites environmental Armageddon.</strong></p>
<p>By Andy Kroll | Tue Mar. 30, 2010 3:00 AM PDT</p>
<p>Unlike virtually all of its competitors, JPMorgan Chase steeled itself early for the collapse of the subprime market and emerged from the rubble of the global financial meltdown with both its balance sheet and reputation intact. But the storied firm stands alone among its Wall Street rivals in another area, too. JPMorgan backstops one of the most destructive mining practices in the world: mountaintop removal coal mining. And it continues to do so even as other major banks have cut ties to this practice.</p>
<p>&ldquo;Chase is the single largest remaining player in this game,&rdquo; says Scott Edwards, advocacy director for the Waterkeeper Alliance, an environmental advocacy group comprised of lawyers, scientists, and activists, among others. &ldquo;They just absolutely refuse to take responsibility for their role in this absolutely devastating industry.&rdquo;</p>
<p>Mountaintop removal (MTR) mining, focused in Appalachian states like West Virginia, Tennessee, and Kentucky, involves deforesting huge swaths of land and blasting the summits off of mountains to expose the black veins of coal underneath. The waste and rubble from the demolition is then dumped into nearby rivers and streams, burying local water sources in toxic byproducts, choking off tributaries that feed into larger rivers, and wiping out plants and wildlife, according to numerous scientific studies. Despite the mining industry&rsquo;s claims, there are no successful ways to mitigate the effects of MTR, according to Margaret Palmer of the University of Maryland Center for Environmental Science. The effects on the nearby environment, she says, are long lasting and often irreversible.<span></span></p>
<p>The impact of MTR mining is global, too. When mining companies deforest a mountaintop before demolition, they engage in a practice that overall contributes [1] 25 to 30 percent of greenhouse gas emissions each year. Between 1992 and 2012, MTR will have leveled 7 percent of Appalachian forests in areas studied by the Environmental Protection Agency (EPA).</p>
<p>Nonetheless, over the past 17 years, JPMorgan Chase has helped to underwrite nearly 20 bond or loan deals, worth a combined $8.5 trillion, for some of the biggest players in the MTR mining business, according to data from Bloomberg. Other large banks have either halted financing companies engaging in the practice outright or signaled their intent to do so. In December 2008, for instance, Bank of America publicly announced plans to &ldquo;phase out financing of companies whose predominant method of extracting coal is through mountain top removal.&rdquo; Wells Fargo has cut ties with coal giant Massey Energy. And a Credit Suisse official says the bank has a &ldquo;global mining policy&rdquo; that ensures &ldquo;we explicitly do not finance the extraction of coal in a mountaintop removal setting.&rdquo; But JPMorgan continues to back the practice.</p>
<p>By underwriting MTR, JPMorgan ties itself to some of the nation&rsquo;s biggest polluters. Take Massey Energy, which leads the nation in MTR mining. In 2008, the company extracted more than 21 million tons of coal using mountaintop removal mining, according to opensourcecoal.org [2], an online database for coal production statistics. That same year, JPMorgan acted as lead manager on a $690 million bond offering by Massey, according to financial records.</p>
<p>Over the past decade, Massey has mined nearly 190 million tons of coal in Appalachia using mountaintop removal, according to opensourcecoal.org—and it has essentially disregarded the law and surrounding landscape to do so. Between 2000 and 2006, Massey violated the Clean Water Act more than 4,500 times by dumping sediment and leftover mining waste into rivers in Kentucky and West Virginia, the EPA said in 2008. (Environmental groups say the EPA&rsquo;s tally is a lowball figure; they estimate that the true number of violations is more than 12,000.) As a result of these breaches of the law, the company agreed to pay the EPA a $20 million settlement.</p>
<p>Don Blankenship, Massey&rsquo;s CEO and an avowed climate change denier, even admitted [3] in a January debate that it&rsquo;s practically impossible to engage in MTR mining without violating the Clean Water Act.</p>
<p>Another major client of JPMorgan&rsquo;s is Arch Coal, the second-biggest American coal company and a powerful opponent of climate change regulation. In 2009 alone, Chase helped finance $600 million for the Missouri-based company, which that same year mined 4.7 million tons of coal using MTR. Arch has had its run-ins with the EPA, too: It&rsquo;s currently locked in a decades-long battle with the EPA and Army Corps of Engineers, which issues MTR mining permits, over the fate of its Spruce No. 1 mine. As first envisioned back in 1998, the MTR mine would have been the largest [4] ever, but environmental activists fought the project, and the Army scaled back the permit in 2007 so that the mine would bury [5] eight miles of nearby streams instead of 10. (Activists are still fighting the permit, and a new court ruling is expected later this month.)</p>
<p>All of this begs the trillion-dollar question: Why has JPMorgan remained in the MTR business? It&rsquo;s hard to know with any certainty: Like most banks, JPMorgan keeps its decision-making private. Public financial filings offer little insight, either. The bank&rsquo;s environmental guru, Jim Fuschetti [6], a managing director who oversees its Office of Environmental Affairs, declined to be interviewed for this story. Several groups, including Rainforest Action Network and JPMorgan shareholder Boston Common Asset Management, a socially responsible investment firm, say they&rsquo;ve met with the bank about its MTR financing, but members of both groups declined to discuss negotiations other than to say JPMorgan is actively examining its backing of MTR mining.</p>
<p>There&rsquo;s no doubt growth and profit underpin much, if not all, of JPMorgan&rsquo;s MTR activities. Coal is still a top energy source for the US and the developing world, and companies like Massey and Arch play a role in providing that coal for power companies here and abroad.</p>
<p>But even the economics of MTR are up for debate. A 2009 report [7] by West Virginia University found that while the coal industry generates $8 billion a year for the state and other Appalachian areas in earnings and taxes, the estimated cost of excess deaths attributable to MTR mining is $42 billion a year—more than five times the economic benefit. And the authors of that report considered it a conservative estimate.</p>
<p>For years, environmental activists have highlighted the economic and environmental impacts of MTR in an effort to ban the practice, a goal that has the public&rsquo;s backing, polls [8] show. San Francisco-based Rainforest Action Network in particular has zeroed in on JPMorgan. The group launched [9] a social media campaign day—using blogs, Twitter, Facebook, etc.—to protest JPMorgan, and delivered letters [10] to branch banks calling on CEO Jamie Dimon to end the bank&rsquo;s MTR support. The Sierra Club produced a video [11] specifically singling out Dimon—a media darling and frequent visitor to the White House—for JPMorgan financing policies, contrasting Dimon&rsquo;s statements about the importance of sustainability with the bank&rsquo;s financing. &ldquo;Tell Jamie Dimon,&rdquo; the video&rsquo;s narrator says, &ldquo;that if he&rsquo;s going to talk the talk, JPMorgan Chase needs to walk the walk.&rdquo;</p>
<p>In mid-March, members from a progressive ministry called The Church of Life After Shopping placed mounds of allegedly toxic mud from West Virginia outside JPMorgan&rsquo;s New York headquarters as well near other branch banks in New York. The Church&rsquo;s Reverend Billy Talen said his group was launching an &ldquo;as long as it takes&rdquo; campaign to shift JPMorgan financing away from MTR mining.</p>
<p>Some JPMorgan shareholders have similarly protested the bank&rsquo;s backing of mountain top removal mining. At least two shareholder groups have filed resolutions in 2010 highlighting JPMorgan&rsquo;s support for the practice. One of them, Boston Common Asset Management, a firm focusing on sustainable and responsible investing, called on the bank to publicly report on the impact of MTR mining by its clients, like Massey and Arch Coal, as well as the financial impact on JPMorgan if it banned MTR financing. (Boston Common recently withdrew its resolution due to ongoing negotiations with JPMorgan officials, a Boston Common official, Dawn Wolfe, says.)</p>
<p>Another resolution, filed by Loyola University Chicago, demands that JPMorgan adhere to a 2008 agreement called the &ldquo;Carbon Principles,&rdquo; an effort among big banks—and which JPMorgan has signed—to improve environmental disclosures and ultimately shift more funding into green, sustainable projects. The pushback from the university grew out of a visit to MTR sites in Appalachia by Loyola students, who were shocked at the devastation wrought on the landscape and surrounding communities, says Elaine Lehman, a director of corporate relations at the school.</p>
<p>Environmental groups also point to JPMorgan&rsquo;s membership in the &ldquo;Equator Principles,&rdquo; a voluntary set of guidelines (and predecessor to the Carbon Principles) calling for more disclosure on project financing and urging a shift toward greater investment in sustainable energy sources. If JPMorgan honored its participation in the Equator Principles, these groups say, the firm would better document its MTR financing.</p>
<p>Ultimately, however, environmental groups want JPMorgan to stop financing mountaintop removal mining altogether. Amanda Starbuck, who leads the Rainforest Action Network&rsquo;s global finance campaign, says that if the bank is to satisfy its critics, &ldquo;Nothing less than a blanket ban of mountaintop removal by Chase will suffice.&rdquo;<br />
Source URL: <a href="http://motherjones.com/politics/2010/03/jpmorgan-mountaintop-removal-mining">http://motherjones.com/politics/2010/03/jpmorgan-mountaintop-removal-mining</a></p>
<p>Links:<br />
[1] http://www.fao.org/newsroom/en/news/2006/1000385/index.html<br />
[2] http://opensourcecoal.org<br />
[3] http://www.wvpubcast.org/newsarticle.aspx?id=12858<br />
[4] http://www.cleanskies.com/articles/judge-gives-epa-until-friday-rule-arch-coal-mine<br />
[5] http://sundaygazettemail.com/News/201003180803<br />
[6] http://www.jpmorgan.com/pages/jpmc/community/env/office<br />
[7] http://wvgazette.com/News/MiningtheMountains/200906200170<br />
[8] http://www.wvgazette.com/News/MiningtheMountains/200810230324<br />
[9] http://www.treehugger.com/files/2010/02/ran-social-media-action-chase.php<br />
[10] http://www.treehugger.com/files/2009/08/ran-delivers-letters-jpmorgan.php<br />
[11] http://www.treehugger.com/files/2009/08/sierra-club-fingers-dixon.php#ch01</p>
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					<td width="40%" class="details" >March 30, 2010 | 1:03 AM</td>
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												<a href="http://www.tigblog.org/group/climate/post/1913570" class="heading">UMD for Clean Energy: Make East Campus a Beast Campus</a>
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						<div id="blogtext1913570original"><p><a href="http://hphotos-snc3.fbcdn.net/hs378.snc3/24209_415218385364_697135364_5474384_1925087_n.jpg"><img title="Green East Campus Event" src="http://hphotos-snc3.fbcdn.net/hs378.snc3/24209_415218385364_697135364_5474384_1925087_n.jpg" alt="" width="437" height="576" /></a></p>
<p>We&rsquo;ve already been asked several times where that title came from.  Consider us poetic.  Here at the University of Maryland, <a href="http://www.umdforcleanenergy.com">UMD for Clean Energy</a> is organizing a <a href="http://www.facebook.com/event.php?eid=102845559751327">major event</a> on green development practices next Monday, April 5th.  Check out the background from our <a href="http://www.umdforcleanenergy.com/umd-east-campus-redevelopment.html">website</a> on why we&rsquo;re organizing.  Below is <a href="http://rethinkcollegepark.net/blog/2010/2085/#more-2085">one</a> of <a href="http://www.kabircares.org/making-east-campus-a-beast-campus/">two</a> blog hits we just received thanks to Rachel Hare, one of our members.  There&rsquo;s also an <a href="http://www.diamondbackonline.com/opinion/east-campus-making-the-grass-greener-1.1287472">op-ed</a> I have out in our campus newspaper today about why we need to go all out on greening the East Campus development.  If you have friends in Maryland, let them know about this event!</p>
<p><strong><em>Since developer Foulger-Pratt pulled out of plans for the University of Maryland’s East Campus Development project last fall, the entire endeavor has been thrown into uncertainty.  The university has reconsidered the project’s design, the timeline, and even toyed with the idea of postponing or abandoning the plan.  But among the growing uncertainty, there is something else: an opportunity.</em></strong></p>
<p><strong><em>The East Campus project presents an opportunity for the University of Maryland to become the benchmark for sustainable development in Maryland.<span></span><br />
</em></strong></p>
<p><strong><em>On April 5, UMD for Clean Energy will host Green for College Park II: Making East Campus a Beast Campus, a panel discussion exploring green initiatives to make the East Campus project a pioneer in environmentally sound development.  The panel will consider innovative solutions including green building, storm water management, smart growth, and transit-oriented development.</em></strong></p>
<p><strong><em>The event will bring together sustainability specialists Tom Liebel, an architect and one of the first 25 U.S. professionals to receive LEED accreditation, an internationally recognized green building certification; Ralph Bennett, Director of Purple Line Now, an organization that advocates for the Purple Line on behalf of the community, businesses and the environment; and James Foster, president of the Anacostia Watershed Society, an environmental group that works to protect the Anacostia River.<br />
The university has recently committed to ambitious environmental standards, including the Climate Action Plan for a 50 percent reduction in emissions by 2020 and complete carbon neutrality by 2050.   By adopting initiatives such as the Climate Action Plan, the university has placed itself at the forefront of energy conservation and green development.</em></strong></p>
<p><strong><em>The East Campus Redevelopment project presents another opportunity for the University of Maryland to take a stand on the climate issue and make a statement to institutions across the nation.  The university should set strict and firm goals for this new undertaking; goals that take into account sustainable building practices, the surrounding environment, and smart growth, and advance the university’s position on the front lines of climate action.The East Campus Project could set a new standard for environmentally sound development and urban planning.  The red and white has a chance to make a big green statement.</em></strong></p>
<p><strong><em>-Rachel Hare</em></strong></p>
<p>&mdash;&mdash;&mdash;&mdash;&mdash;&mdash;&mdash;&mdash;&mdash;&mdash;&mdash;&mdash;&mdash;&mdash;&mdash;&mdash;&mdash;&mdash;&mdash;&mdash;&mdash;&mdash;&mdash;&mdash;&mdash;&mdash;&mdash;&mdash;&mdash;&mdash;&mdash;&mdash;&mdash;&mdash;&mdash;&mdash;&mdash;&mdash;&mdash;&mdash;&mdash;&mdash;&mdash;&mdash;&mdash;&mdash;&mdash;&mdash;&mdash;&mdash;&mdash;&mdash;&mdash;&mdash;&mdash;&mdash;&mdash;&mdash;&mdash;&mdash;&mdash;&mdash;&mdash;&ndash;</p>
<p><strong><em>Last November, it was announced that developer Foulger-Pratt/Argo was pulling out of the proposed $900 million, 38-acre East Campus development project. The university is now looking to revisit the site plans for the development, and possibly do the project by piecemeal, as opposed to all at once. This is a tremendous opportunity for the university to make East Campus one of the boldest green development projects in the state.</em></strong></p>
<p><strong><em>From the standpoint of an environmentalist, East Campus was an average development project at best. Its merits included its location by Metro and the pending Purple Line, along with graduate student housing to reduce the length of their commute to the campus. But that isn’t even close to the whole picture. Here are a few questions that we should be asking the administration that are crucial to comprehending the impact of the development.</em></strong></p>
<p><strong><em>How does adding 38 acres worth of new buildings line up with the university’s recently signed Climate Action Plan to reduce greenhouse gas emissions 50 percent by 2020? If you’re going to build new buildings, they can’t just be better than the existing crappy status quo. LEED Silver is so 2007. If growth is inevitable, it can’t just be better than what we did 10 years ago. New buildings should purchase or generate 100 percent clean power, be top of the line in energy and water efficiency and be made of recycled construction materials. I’m talking about putting LEED Platinum to shame. That is called cutting the crap and getting serious about our emissions.</em></strong></p>
<p><strong><em>How will the East Campus development’s storm-water management impact the health of our surrounding waterways? The university claims there will be a benefit because the development will be in compliance with our current storm-water management laws, as opposed to the existing conditions which are not. This is true. The problem is today’s storm-water management laws are garbage. Earlier this month, there was a compromise with the developers in the state to incrementally improve the laws in exchange for postponing their implementation for developments approved by 2013 that break ground by 2017. If every new development in the state followed this, we’d total the Chesapeake Bay. It can’t just be better, it has to be the best there is.</em></strong></p>
<p><strong><em>Smart growth is more than just building in high population areas that have alternative transportation options. Will the retail in the development serve the needs of students so they don’t have to drive elsewhere? Or will we build thousands of parking spaces for new cars coming from an already jam-packed Route 1 to enjoy high-end businesses and retail that aren’t serving the needs of the local student population?</em></strong></p>
<p><strong><em>One more question: When other universities around the country work on development projects, who is going to be their role model for living up to our moral obligation to address our energy and environmental crises? Is there any reason why it shouldn’t be us?</em></strong></p>
<p><strong><em>If you want to find out more about how to make East Campus a landmark for environmentally sound development and urban planning that revitalizes College Park, check out the event “Green for College Park II: Making East Campus a Beast Campus” on April 5 at 7 p.m. in the Stamp Student Union’s Jimenez Room. We can do this right.</em></strong></p>
<p><strong><em>Matt Dernoga is a senior government and politics major. He can be reached at dernoga at umdbk dot com.</em></strong></p>
<p>Cross-posted from: <a href="http://madrad2002.wordpress.com/2010/03/30/umd-for-clean-energy-make-east-campus-a-beast-campus/">The Dernogalizer</a></p>
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					<td width="40%" class="details" >March 30, 2010 | 1:03 AM</td>
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