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Elizabeth Warren on Energy & Oil

Massachusetts Senator; head of CFPB

 


Ten-fold increase in green research & green manufacturing

There's going to be a worldwide need for green technology, and we can be the ones to provide that. We need to go tenfold in our research and development on green energy going forward. Then we need to say any corporation can come and use that research. They can make all kinds of products from it, but they have to be manufactured right here in the United States of America. Then we have to sell it around the world. We should have that 1.2 million manufacturing jobs here in America.
Source: June Democratic Primary debate (first night in Miami) , Jun 26, 2019

Co-sponsored Green New Deal

Signed on as a co-sponsor of the proposal, after previously expressing support for the "idea" of the GND.
Source: Axios.com "What you need to know about 2020" , May 8, 2019

Renewable energy on public land or offshore; end drilling

Proposed a plan to require 10% of electricity generation to come from renewable sources located offshore or on public lands and that would unlock 50% of currently inaccessible federally owned land for public use. The proposal also includes an executive order that would end drilling offshore and on public lands.
Source: Axios.com "What you need to know about 2020" , May 8, 2019

Supports Green New Deal; invest in green infrastructure

I am a strong supporter of the Green New Deal. The first reason that I'm a strong supporter is it is a way to say urgency. Now, we cannot wait any longer. We have got to make change. The second part about the Green New Deal right now is it calls for a huge investment in our infrastructure. And I think that's just absolutely critical. And when I say our infrastructure, it's about our green infrastructure, it's about our power infrastructure, but it's also about hardening our infrastructure so that we can withstand heavier storms, so that flooding is not so much a problem, so that we move to distributed generation of power. Lots of pieces that we need to do.
Source: CNN Town Hall 2020: 5 candidates back-to-back , Apr 22, 2019

Return to Paris climate accord, & build on it

Q: As president, would you keep the U.S. in the Paris Agreement and commit to more ambitious targets in 2020?

Warren: "I believe we need to return to the Paris climate accord, and then we need to build on it. We need to do far more to reduce global emissions, but we can only do that when we're leading from the front."

Q: Would you restore Obama-era climate change regulations that the Trump administration has reversed, like the Clean Power Plan, methane limits and vehicle emissions standards?

Warren: "I have strongly opposed the Trump administration's efforts to roll back the Clean Power Plan and other Obama-era methane limits and vehicle emission standards. As president, I would reverse these rollbacks."

Q: Do you support a national renewable energy standard?

Warren: "I am an original cosponsor of the Green New Deal resolution, which commits the United States to meet 100 percent of our power demand through clean, renewable and zero-emission energy sources."

Source: 2019 "Meet the Candidates" (NY Times.com) , Apr 18, 2019

Oppose subsidies for fossil fuel companies

Q: Do you support new regulations to cut greenhouse gas emissions beyond what was in place under President Obama?

Warren: "I oppose subsidies for fossil fuel companies and have spoken out repeatedly against the influence that Big Oil and carbon-based industries wield in Washington. My Climate Risk Disclosure Act would require companies to disclose their greenhouse gas emissions and price their exposure to climate risk into their valuations, raising public awareness of how dependent companies are on fossil fuels and using market forces to speed the transition to clean energy."

Q: Do you support increasing federal funding for clean-energy research?

A: Ms. Warren's campaign did not answer this question, but she wrote on Facebook, "We need to invest in clean energy."

Q: Do you think nuclear energy should be part of the U.S.'s decarbonizing toolbox?

A: Ms. Warren's campaign did not answer this question.

Source: 2019 "Meet the Candidates" (NY Times.com) , Apr 18, 2019

Perfect score on "350 Action's 2020 Climate Test"

The environmental group 350 Action released a candidate scorecard known as the 2020 Climate Test to assess presidential hopefuls on three major metrics: support for a Green New Deal, opposition to new fossil fuel development and refusal to accept money from energy companies.

Three candidates have made firm climate-forward commitments, issuing their support for the Green New Deal, vowing to keep fossil fuels in the ground and banning donations from Big Oil.

Four candidates have supported two of 350 Action's three benchmarks.Three candidates have failed all three of 350 Action's tests, attacking the Green New Deal or making no firm pledges to work against fossil fuel companies.
Source: Mother Jones, "On Climate," on 2020 Presidential Hopefuls , Mar 27, 2019

America must lead in combatting climate change

I want to say something that is very controversial. In Washington, this is a very controversial statement: I believe in science. Climate change is real, it is manmade, and we are running out of runway to be able to fix this problem. We need to be thinking about hardening our infrastructure against the climate change that's coming our way and in terms of building green energy infrastructure. We've got to be working in every single direction. More money on research. More money on how we get our vehicles so that we get to a place where we have a sustainable Earth. The United States is a world leader. The problem is we are leading in the wrong direction right now on climate. We've got to go the other way. We've got to show the world what can be done.
Source: CNN Town Hall on 2020 Democratic presidential primary , Mar 18, 2019

Supports the idea of a Green New Deal

Source: PBS News hour on 2020 Presidential hopefuls , Jan 17, 2019

BP fined $42B for 2010 explosion, then deducted it on taxes

One loophole gives corporations a tax deduction for paying punitive damages when they break the law. In 2015, the New York Times reported that "at least 80 percent of the more than $42 billion that BP has paid out because of the 2010 Deepwater Horizon rig explosion that killed 11 people and spewed oil into the Gulf of Mexico qualifies for a tax deduction." Think about that: BP got fined for killing people and nearly destroying the Gulf of Mexico-- and its fine was tax deductible, sort of like a charitable contribution or a regular business expense. And BP wasn't the only corporation rewarded this way.
Source: This Fight is Our Fight, by Sen. Elizabeth Warren, p.115-6 , Apr 18, 2017

Cannot support export bill just cause big oil does

The fastest-moving legislative is a bill to lift the four-decade ban on exports of American crude oil. "The bill in front of us would upend decades of energy policy. If the oil industry's rosy projections turn out to be wrong, the bill has next to nothing in the way of environmental or economic protections. We may need changes in the oil export ban, but any changes we make should be based on independent data and should address legitimate concerns."
Source: Daily Caller on 2016 Veepstakes, "Anti-corporate Crusader" , Apr 28, 2016

Invest now in 21st-century energy

If we invest now in twenty-first-century energy, we can lower the costs of production for all of our future work. Right now, renewable energy competes with old energies that get lots of special breaks in Washington. Massachusetts can lead the world in using green technology to cut production costs and make our products competitive around the world. We could do this right here, right now--and create jobs here in Massachusetts.
Source: Quotable Elizabeth Warren, by Frank Marshall, p.112 , Nov 18, 2014

Invest in our kids instead of subsidizing Big oil

I wanted to talk about Wall Street bankers and taxes and education, but Brown wanted to go in a different direction. At the heart of the election, I talked about how giant companies and billionaires were exploiting a bonanza of tax loopholes and how Scott Brown and the Republicans were determined to keep these loopholes open. I talked about how we should be investing in educating our kids instead of subsidizing Big Oil. And how billionaires should pay at least as high a tax rate as their secretaries

But I wasn't the only one under attack: an environmental group had already gone after Scott Brown for his votes supporting Big Oil.

The League of Conservation Voters made a $1.9 million ad buy in the Boston media market in late October 2011, criticizing Brown for his vote to support Big Oil.

Source: A Fighting Chance, by Elizabeth Warren, p.231&263&328 , Apr 22, 2014

Invest in energy technology instead of subsidizing Big Oil

In putting a spotlight on Big Oil subsidies, I have been pleased to work alongside the League of Conservation Voters, Sierra Club, and so many other organizations dedicated to protecting our environment for our children and grandchildren. We should be investing in energy technology of the future, not subsidizing Big Oil.
Source: A Fighting Chance, by Elizabeth Warren, p.333 , Apr 22, 2014

Transition to green energy now for long-term growth

Will we continue to subsidize the dirty fossil fuels of the past, or will we transition to 21st century clean, renewable energy? We know that we can generate power with alternative energy sources like wind, solar, and hydropower. We know that we can make energy usage more efficient. If we commit ourselves to clean energy and energy efficiency now, in the long run we can reduce price swings and costs. (from Elizabeth Warren's Issues Section on Energy & The Environment)
Source: GreenLifestyleChanges.com on 2016 Veepstakes , Sep 25, 2012

Lead the world in using green technology

If we invest now in 21st century energy, we can lower the costs of production for all of our future work. Right now, renewable energy competes with old energies that get lots of special breaks in Washington. Massachusetts can lead the world in using green technology to cut production costs and make our products competitive around the world. We could do this right here, right now--and create jobs here in Massachusetts.
Source: 2012 Senate campaign website, www.elizabethwarren.com , Sep 15, 2011

50% clean and carbon free electricity by 2030.

Warren co-sponsored H.Res.637/S.Res.386

Expressing the sense of Congress that the United States should establish a national goal of more than 50 percent clean and carbon free electricity by 2030 for the purposes of avoiding the worst impacts of climate change, growing our economy, increasing our shared prosperity, improving public health, and preserving our national security.

Resolved, That it is the sense of the House of Representatives that the United States should--
  1. Establish a national goal of more than 50 percent clean and carbon free electricity by 2030; and
  2. Enact legislation to accelerate the transition to clean energy to meet this goal.
Source: Resolution for 50% Carbon-Free Electricity by 2030 16-SRes386 on Mar 3, 2016

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Page last updated: Aug 03, 2019