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Why public lands should stay public and protected

Why public lands should stay public and protected

Thanks to a recent blizzard of executive orders and late-night congressional maneuvers, the nation's public lands have become the latest target in the giant sucking vortex of current American politics. The current administration is proposing that we the people sign away our invaluable citizen estate, ostensibly to 'create jobs, fuel prosperity, and significantly reduce our reliance on foreign nations.' Before we do, it's important to calculate the true cost of this massive land grab.
The federal government manages natural resources on the 'public lands' across the nation as a kind of 'commons' on behalf of all Americans. So regardless of where you live, you are part-owner of 640 million acres — roughly 28% of the country — protected as public lands. The vast majority of these holdings (about 95%) are managed by the 'Big Four' agencies: the Bureau of Land Management (245 million acres), the U.S. Forest Service (193 million acres), the U.S. Fish and Wildlife Service (95 million acres), and the National Park Service (85 million acres).
The evolution of this vast, shared domain commenced in the wake of the American Revolution, when the new nation's territorial appetite proved insatiable. After just 70 years, the continental outline of the United States looked as it does today. For this ever-ambitious republic, the key to extending American sovereignty from sea to shining sea was control over the land itself.
To transfer public lands into private hands efficiently, Congress passed a series of laws: the Homestead Act, the General Mining Act, the Desert Land Act and the Timber and Stone Act, for example. While these efforts unleashed a white tide of settlement on federal and unprotected Native lands, privatization also wreaked ecological havoc.
Historian Vernon Parrington called this giveaway 'the Great Barbecue.' 'Congress had rich gifts to bestow,' he argued, 'in lands, tariffs, subsidies, favors of all sorts; and when influential citizens made their wishes known to the reigning statesmen, the sympathetic politicians were quick to turn the government into the fairy godmother the voters wanted it to be.'
After the Civil War, the federal government continued to promote Western settlement and resource extraction with little oversight or regulation. But the commodification of the nation's beavers, bison, whales, old-growth forests, salmon, elk, grizzlies, wolves and agricultural lands to supply an insatiable global market finally prompted a former Interior Department secretary to lament that Americans were 'a spendthrift people recklessly wasting [their] heritage' and saddled with 'a government careless of the future.'
Federal management of the public lands thus came about as a consequence of the relentless pursuit of wealth that devastated so many ancient American ecosystems. As early scientist George Perkins Marsh argued, 'Man is everywhere a disturbing agent. Wherever he plants his foot, the harmonies of nature are turned to discords.'
By 1900, the myth of inexhaustibly gave way to the reality of diminished forests, waterways and wildlife populations. Unfettered capitalism, it turned out, caused real environmental harm.
At this critical juncture, Theodore Roosevelt took the oath of office as the nation's 26th president. An early and avid advocate for protecting wild places and wildlife, Roosevelt embraced the Progressive idea that the federal government was the best steward of the nation's natural resources and the best guardian against their rampant capitalist exploitation. His setting aside of America's public lands adhered to the philosophy of 'the greatest good of the greatest number.'
To manage the growing federal wildlife reserve system, Roosevelt consolidated several agencies into the Bureau of Biological Survey in 1905, which merged into the Fish and Wildlife Service in 1940. Also in 1905, Roosevelt transferred the country's forest reserves into the newly minted Forest Service. Altogether, during his tenure in the White House, Roosevelt set aside nearly 230 million acres as national parks and monuments, bird and game preserves, and national forests. As the public's lands.
'We are not building this country of ours for a day,' he avowed. 'It is to last through the ages.'
By 1916, the nation's growing national parks system — aka 'America's best idea' — got its own management agency, the National Park Service, to control poaching and vandalism. And in 1934, during the Great Depression and the Dust Bowl, as homesteaders busted out, the federal government began to sunset the program by withdrawing land from the public domain and consolidating it, in 1946, under the Bureau of Land Management.
The truth is that private resource users had proved poor stewards of the nation's grazing lands, forests, rivers and open spaces. The price for their economic success was, too often, ecological ruin. And because wilderness, parks, monuments, preserves, habitats, estuaries and ecosystems exist within a political system that enshrines private property and landholder rights, environmental protection needed both law and land to succeed. The public's lands had to be managed for the people. All the people.
One concept essential to understanding our public lands is this: Designations are not created from federally seized private lands. When a president establishes a national monument or Congress classifies an area as wilderness, these actions only change management practices on already existing federal lands. This is perhaps the most common misconception and one that erroneously fuels opposition.
Each public lands designation carries with it unique management protocols. Understanding how restrictive the regulations are (or are not) provides insight into their role and function. Most prioritize multiple use — the greatest good for the greatest number — and even the most limiting, such as wilderness or national park policies, still allow for camping, hunting, fishing and, in some limited cases, grazing and even mining.
The Trump administration's desire to sell off public lands and reduce national monuments echo an earlier Sagebrush Rebellion ideology: If the federal government relinquishes its control over the public domain, state and local economies will flourish. According to such logic, states lose revenue because they can neither tax nor sell these acres. More significantly, divesting the federal government of its public lands would remove protections against exploitation. Think 'drill, baby, drill.' And 'mine everywhere.'
Here in the 21st century, we cannot cling to unregulated 19th century economies without risking the ecological destruction that accompanies them. Scientists have coined the term 'Anthropocene' to describe the time period, roughly since the Industrial Revolution, when human activities have increasingly defined the physical environments of the Earth. Even now, at the vanguard of climate change on a planet whipsawed by increasingly violent and destructive environmental crises, public lands hold the extraordinary promise of modeling a sustainable future for the nation and the world.
The quintessential Western writer Wallace Stegner calls humans 'the most efficient and ruthless environment-busters in history.' But he also marveled at our capacity 'to save what [we] might destroy.' Our parks, monuments, seashores, battlefields, forests, preserves and open ranges are not partisan. They are fundamentally American.
For Stegner, for all of us, the public lands — our lands — are truly the nation's 'geography of hope.'
Sara Dant, author of 'Losing Eden: An Environmental History of the American West,' is an award-winning historian and professor emeritus at Utah's Weber State University.

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Colombia's president bypasses lawmakers and issues decree to let voters decide on labor reform
Colombia's president bypasses lawmakers and issues decree to let voters decide on labor reform

San Francisco Chronicle​

time24 minutes ago

  • San Francisco Chronicle​

Colombia's president bypasses lawmakers and issues decree to let voters decide on labor reform

BOGOTA, Colombia (AP) — Colombian President Gustavo Petro on Wednesday bypassed legislative opposition and signed a decree summoning voters to the polls in August to decide changes to the country's labor laws, including whether workdays should be limited to eight hours. The decree fulfilled Petro's threat to Congress to put his labor system overhaul before voters should senators not approve the 12-question referendum themselves. He issued the measure in a tense political climate following the Saturday shooting of opposition senator and presidential candidate Miguel Uribe Turbay during a public event. The referendum has become the crux of long-running tensions between the executive and legislative branches. After Congress rejected Petro's labor reform twice, most recently in March, he sent lawmakers a 12-question referendum proposal on May 1 as Colombian law requires that the Senate rule on the advisability of referendums. The legislative body two weeks later voted 49-47 against the measure, prompting Petro to accuse lawmakers of fraud. Petro, Colombia's first leftist president, has accused Congress of working against the interest of workers and has asked them to demonstrate across the country. The referendum's questions include whether workers should receive double pay if they work during holidays; whether daytime workdays should end at 6 p.m.; and whether open-ended contracts should be offered to workers to prioritize job stability. The disagreements between Petro and Congress date back to the start of his term in 2022, but they have heightened as he seeks to consolidate his legacy ahead of next year's legislative and presidential elections. Uribe remained in critical condition Wednesday following his shooting in broad daylight Saturday during a political rally in the capital, Bogota. Authorities investigating the motive have not ruled out the possibility that it was a targeted attack on the opposition. They are also considering whether it was an attempt to destabilize the current government, or retaliation by illegal armed groups. In anticipation of court challenges, Petro on Wednesday said his government will send the decree to Colombia's Constitutional Court for review. At the same time, the Council of State is considering a lawsuit seeking to annul the Senate's vote.

Trump tariffs live updates: Trump says he will set unilateral tariff rates within weeks
Trump tariffs live updates: Trump says he will set unilateral tariff rates within weeks

Yahoo

time24 minutes ago

  • Yahoo

Trump tariffs live updates: Trump says he will set unilateral tariff rates within weeks

President Donald Trump told reporters on Wednesday that he would send letters to trading partners in the next week or two setting unilateral tariff rates. 'At a certain point, we're just going to send letters out. And I think you understand that, saying this is the deal, you can take it or leave it,' the president said at the Kennedy Center in Washington. Soon after introducing steep new tariffs that roiled markets, Trump instituted a pause on his most punishing duties that expires July 9. His latest comment, however, only muddies the waters about what could happen next as the deadline approaches. Earlier on Wednesday, Treasury Secretary Scott Bessent told Congress that it is "highly likely" that the tariff pause would be extended for countries that are negotiating with the administration "in good faith." "There are 18 important trading partners — we are working toward deals on those — and it is highly likely that those countries that are ... negotiating in good faith, we will roll the date forward," Bessent said during testimony before the House Ways and Means Committee. On Tuesday, the US and China agreed to a framework and implementation plan to ease tariff and trade tensions. Trump signaled his approval, saying the deal was "done" pending sign-off from him and Chinese President Xi Jinping. Trump and other US officials indicated the deal should resolve issues between the two countries on rare earths and magnets, though reports later indicated China would only loosen restrictions on rare earth mineral exports for a six-month period. Trump also said the US will allow Chinese students in US colleges, a sticking point that had emerged in the weeks following the countries' mid-May deal in Geneva. Trump said the US would impose a total of 55% tariffs on Chinese goods. Yahoo Finance's Ben Werschkul reports, citing a White House official, that Trump arrived at that figure by adding together an array of preexisting duties and not any new tariffs. Meanwhile, though Trump's most sweeping tariffs continue to face legal uncertainty, on Tuesday, the president received a favorable update. A federal appeals court held a decision saying his tariffs can temporarily stay in effect. The US Court of International Trade had blocked their implementation last month, deeming the method used to enact them "unlawful." Read more: What Trump's tariffs mean for the economy and your wallet Here are the latest updates as the policy reverberates around the world. Treasury Secretary Scott Bessent told House lawmakers on Wednesday that the Trump administration may extend the 90-day tariff pause on some countries in order to continue trade negotiations. When asked if Americans should prepare for another "Liberation Day" on July 9, when the tariff pause ends for most countries, Bessent said that the administration may choose to move the deadline on 18 of the most important trading partners, so long as they make an effort to come to the negotiating table. "We are working toward deals on those, and it is highly likely that [for] those countries — or trading blocs, in the case of the EU — who are negotiating in good faith, we will roll the day forward to continue good faith negotiations," Bessent said (see video below). "If someone is not negotiating, then we will not." A recent report on the drastic decline of US ocean imports serves as an example of how President Trump's increased tariffs on China affected supply chains and several industries as ttalks continue. Reuters reports: Read more here. The Treasury Department says that the US government is successfully using tariffs to decrease the budget deficit by more than $30 billion, largely due to increased customs receipts. Reuters reports: Read more here. China will ease curbs on exports of rare earth minerals for six months as part of a new trade understanding with the US, according to The Wall Street Journal. The move could add more uncertainty for American manufacturers, particularly the auto industry, which has been pushing for easier access. The Journal notes that the move gives China leverage down the line if tensions ratchet back up. From the report: In celebrating the agreement early Wednesday, President Trump noted "any necessary rare earths will be supplied, up front, by China." He did not mention any time limit on loosening those restrictions. Treasury Secretary Scott Bessent, in testimony before Congress on Wednesday, painted Wednesday's agreement as an incremental step on the longer road to a more comprehensive trade deal. "A trade deal today or last night was for a specific goal, and it will be a much longer process," he told a House committee. When asked if current US tariff levels on Chinese imports would not change again, Commerce Secretary Howard Lutnick told CNBC, "You can definitely say that." "We're in a great place with China," Lutnick said Wednesday. While the US-China truce framework is awaiting final word from US President Trump and Chinese President Xi Jinping, Lutnick added, "Both sides are really positive." The agreement is largely viewed as reestablishing the "handshake" that US and Chinese officials reached in Geneva last month, as details on a larger trade pact remain scant. Trump posted on social media this morning that the US has imposed 55% tariffs on China, a number that does not include any new tariffs but instead comprises some preexisting tariffs, Trump's fentanyl tariffs, and 10% "Liberation Day" tariffs. Lutnick touted that, as a result of the two-day talks, the US will gain access to rare earths and magnets, while the Chinese delegation sought to remove the US's export controls. He added that the trade deficit remains an ongoing issue, stating, "We're going to examine how China can do more business with us." May's Consumer Price Index (CPI) report showed inflation pressures eased on a monthly basis despite investor concerns that President Trump's tariffs would accelerate the pace of price increases. The Consumer Price Index (CPI) increased 0.1% on a monthly basis in May and 2.4% on an annual basis, a slight uptick from April's 2.3% gain. Yahoo Finance's Allie Canal reports: Read more here. I would keep an eye on consumer names off the news of a trade deal with China floated by President Trump this morning (see our prior post below). Seeing upticks premarket in heavily China-exposed retailers such as Nike (NKE), Walmart (WMT), Target (TGT), and Abercrombie & Fitch (ANF). The premarket gains here aren't mind-blowing in part because tariffs appear to still be in place. Trump posted on Truth Social: OUR DEAL WITH CHINA IS DONE, SUBJECT TO FINAL APPROVAL WITH PRESIDENT XI AND ME. FULL MAGNETS, AND ANY NECESSARY RARE EARTHS, WILL BE SUPPLIED, UP FRONT, BY CHINA. LIKEWISE, WE WILL PROVIDE TO CHINA WHAT WAS AGREED TO, INCLUDING CHINESE STUDENTS USING OUR COLLEGES AND UNIVERSITIES (WHICH HAS ALWAYS BEEN GOOD WITH ME!). WE ARE GETTING A TOTAL OF 55% TARIFFS, CHINA IS GETTING 10%. RELATIONSHIP IS EXCELLENT! THANK YOU FOR YOUR ATTENTION TO THIS MATTER!" A variety of market observers quickly weighed in hours after Tuesday evening's unveiling to suggest that the deal may not have a lot of meat on the bones — but at least relations are no longer moving in the wrong direction. The talks perhaps underscored how unlikely a comprehensive trade deal is anytime soon, noted AGF Investments Greg Valliere, "but at least relations may not worsen as talks continue throughout the summer." Both sides promised additional talks in the weeks or months ahead, but none have yet been scheduled. Veronique de Rugy, a professor at the Mercatus Center at George Mason University, suggested the talks continued to show China's leverage. "China is hurting, yes—but they still hold the upper hand on critical resources, and they know how to use them." Any lessening of tensions — and freer flow — of these mineral resources in China would be a significant boost to the global economy with China holding outsized leverage in both the reserves and processing capacity of these key building blocks for everything from computers to electric vehicle batteries to medical devices. Likewise, the US offering concessions on export controls would be a significant move after years where successive US administrations have wielded these controls — especially around the design and manufacture of semiconductors — by saying they need to be tight on China for national security reasons. Read more here. May's Consumer Price Index (CPI) report will be released on Wednesday and its expected to show that prices rose a bit faster than in April. Yahoo Finance's Allie Canal breaks down what to look out for and how President Trump's tariffs are impacting what consumers are now paying for goods and services. Read more here. Now that the US-China trade truce is back on track, both sides are keen to ensure it stays that way. China's Vice Premier He Lifeng said both sides need to now 'show the spirit of good faith in abiding by their commitments and jointly safeguard the hard-won results of the dialogue.' Bloomberg News reports: Read more here. Reuters reports: Read more here. Despite the US-China trade truce resuming the pain from President Trump's tariffs remains in China, especially among small exporters. Reuters reports: Read more here. Japan warned Wednesday that tariffs threaten its economic growth, the government said in a monthly report. Reuters reports: Read more here. Reuters reports: Read more here. Reuters reports: Read more here. A federal appeals could said on Tuesday that President Trump's sweeping tariffs can continue for now. This is a significant win for Trump, who introduced tariffs back in March and declared "Liberation Day," as he saw them as a way to free the US from what he called unfair trade practices. Bloomberg News reports: Read more here. Early summer sales for Inditex, the owner of fashion retailer Zara, came in weaker, as the company missed expectations for first quarter sales on Wednesday. President Trump's tariffs have impacted consumer demand in the US and other major markets. Reuters reports: Read more here. After weeks of back and forth, the US and China have agreed on a framework to implement the Geneva consensus that helped ease tariffs. The breakthrough came after two days of talks in London, including a marathon session on Tuesday. US Commerce Secretary Howard Lutnick said both sides had to "get the negativity out" before making progress. 'Now we can go forward to try to do positive trade, growing trade,' he said. As part of the deal, Beijing has promised to speed up shipments of rare earth metals, a crucial component for global auto and defense industries. Washington will ease export controls. This marks the first sign of movement on key issues. The proposal will now be presented to President Trump and China's Xi. Still, the discussions also did little to resolve a long-standing issue: China's trade surplus with the US. 'Markets will likely welcome the shift from confrontation to coordination,' said Charu Chanana, chief investment strategist at Saxo Markets. 'We're not out of the woods yet — it's up to Trump and Xi to approve and enforce the deal.' The meeting was set up after a phone call between the two leaders, following weeks of each side accusing the other of breaking the Geneva commitments. Both countries had used chips, rare earths, student visas and ethane as bargaining tools. Josef Gregory Mahoney, a professor at East China Normal University, said trust, not money, has been the biggest casualty of the trade war. 'We've heard a lot about frameworks,' he said. 'But the fundamental issue remains: Chips versus rare earths. Everything else is a peacock dance.' Bloomberg reports: Read more here. Treasury Secretary Scott Bessent told House lawmakers on Wednesday that the Trump administration may extend the 90-day tariff pause on some countries in order to continue trade negotiations. When asked if Americans should prepare for another "Liberation Day" on July 9, when the tariff pause ends for most countries, Bessent said that the administration may choose to move the deadline on 18 of the most important trading partners, so long as they make an effort to come to the negotiating table. "We are working toward deals on those, and it is highly likely that [for] those countries — or trading blocs, in the case of the EU — who are negotiating in good faith, we will roll the day forward to continue good faith negotiations," Bessent said (see video below). "If someone is not negotiating, then we will not." A recent report on the drastic decline of US ocean imports serves as an example of how President Trump's increased tariffs on China affected supply chains and several industries as ttalks continue. Reuters reports: Read more here. The Treasury Department says that the US government is successfully using tariffs to decrease the budget deficit by more than $30 billion, largely due to increased customs receipts. Reuters reports: Read more here. China will ease curbs on exports of rare earth minerals for six months as part of a new trade understanding with the US, according to The Wall Street Journal. The move could add more uncertainty for American manufacturers, particularly the auto industry, which has been pushing for easier access. The Journal notes that the move gives China leverage down the line if tensions ratchet back up. From the report: In celebrating the agreement early Wednesday, President Trump noted "any necessary rare earths will be supplied, up front, by China." He did not mention any time limit on loosening those restrictions. Treasury Secretary Scott Bessent, in testimony before Congress on Wednesday, painted Wednesday's agreement as an incremental step on the longer road to a more comprehensive trade deal. "A trade deal today or last night was for a specific goal, and it will be a much longer process," he told a House committee. When asked if current US tariff levels on Chinese imports would not change again, Commerce Secretary Howard Lutnick told CNBC, "You can definitely say that." "We're in a great place with China," Lutnick said Wednesday. While the US-China truce framework is awaiting final word from US President Trump and Chinese President Xi Jinping, Lutnick added, "Both sides are really positive." The agreement is largely viewed as reestablishing the "handshake" that US and Chinese officials reached in Geneva last month, as details on a larger trade pact remain scant. Trump posted on social media this morning that the US has imposed 55% tariffs on China, a number that does not include any new tariffs but instead comprises some preexisting tariffs, Trump's fentanyl tariffs, and 10% "Liberation Day" tariffs. Lutnick touted that, as a result of the two-day talks, the US will gain access to rare earths and magnets, while the Chinese delegation sought to remove the US's export controls. He added that the trade deficit remains an ongoing issue, stating, "We're going to examine how China can do more business with us." May's Consumer Price Index (CPI) report showed inflation pressures eased on a monthly basis despite investor concerns that President Trump's tariffs would accelerate the pace of price increases. The Consumer Price Index (CPI) increased 0.1% on a monthly basis in May and 2.4% on an annual basis, a slight uptick from April's 2.3% gain. Yahoo Finance's Allie Canal reports: Read more here. I would keep an eye on consumer names off the news of a trade deal with China floated by President Trump this morning (see our prior post below). Seeing upticks premarket in heavily China-exposed retailers such as Nike (NKE), Walmart (WMT), Target (TGT), and Abercrombie & Fitch (ANF). The premarket gains here aren't mind-blowing in part because tariffs appear to still be in place. Trump posted on Truth Social: OUR DEAL WITH CHINA IS DONE, SUBJECT TO FINAL APPROVAL WITH PRESIDENT XI AND ME. FULL MAGNETS, AND ANY NECESSARY RARE EARTHS, WILL BE SUPPLIED, UP FRONT, BY CHINA. LIKEWISE, WE WILL PROVIDE TO CHINA WHAT WAS AGREED TO, INCLUDING CHINESE STUDENTS USING OUR COLLEGES AND UNIVERSITIES (WHICH HAS ALWAYS BEEN GOOD WITH ME!). WE ARE GETTING A TOTAL OF 55% TARIFFS, CHINA IS GETTING 10%. RELATIONSHIP IS EXCELLENT! THANK YOU FOR YOUR ATTENTION TO THIS MATTER!" A variety of market observers quickly weighed in hours after Tuesday evening's unveiling to suggest that the deal may not have a lot of meat on the bones — but at least relations are no longer moving in the wrong direction. The talks perhaps underscored how unlikely a comprehensive trade deal is anytime soon, noted AGF Investments Greg Valliere, "but at least relations may not worsen as talks continue throughout the summer." Both sides promised additional talks in the weeks or months ahead, but none have yet been scheduled. Veronique de Rugy, a professor at the Mercatus Center at George Mason University, suggested the talks continued to show China's leverage. "China is hurting, yes—but they still hold the upper hand on critical resources, and they know how to use them." Any lessening of tensions — and freer flow — of these mineral resources in China would be a significant boost to the global economy with China holding outsized leverage in both the reserves and processing capacity of these key building blocks for everything from computers to electric vehicle batteries to medical devices. Likewise, the US offering concessions on export controls would be a significant move after years where successive US administrations have wielded these controls — especially around the design and manufacture of semiconductors — by saying they need to be tight on China for national security reasons. Read more here. May's Consumer Price Index (CPI) report will be released on Wednesday and its expected to show that prices rose a bit faster than in April. Yahoo Finance's Allie Canal breaks down what to look out for and how President Trump's tariffs are impacting what consumers are now paying for goods and services. Read more here. Now that the US-China trade truce is back on track, both sides are keen to ensure it stays that way. China's Vice Premier He Lifeng said both sides need to now 'show the spirit of good faith in abiding by their commitments and jointly safeguard the hard-won results of the dialogue.' Bloomberg News reports: Read more here. Reuters reports: Read more here. Despite the US-China trade truce resuming the pain from President Trump's tariffs remains in China, especially among small exporters. Reuters reports: Read more here. Japan warned Wednesday that tariffs threaten its economic growth, the government said in a monthly report. Reuters reports: Read more here. Reuters reports: Read more here. Reuters reports: Read more here. A federal appeals could said on Tuesday that President Trump's sweeping tariffs can continue for now. This is a significant win for Trump, who introduced tariffs back in March and declared "Liberation Day," as he saw them as a way to free the US from what he called unfair trade practices. Bloomberg News reports: Read more here. Early summer sales for Inditex, the owner of fashion retailer Zara, came in weaker, as the company missed expectations for first quarter sales on Wednesday. President Trump's tariffs have impacted consumer demand in the US and other major markets. Reuters reports: Read more here. After weeks of back and forth, the US and China have agreed on a framework to implement the Geneva consensus that helped ease tariffs. The breakthrough came after two days of talks in London, including a marathon session on Tuesday. US Commerce Secretary Howard Lutnick said both sides had to "get the negativity out" before making progress. 'Now we can go forward to try to do positive trade, growing trade,' he said. As part of the deal, Beijing has promised to speed up shipments of rare earth metals, a crucial component for global auto and defense industries. Washington will ease export controls. This marks the first sign of movement on key issues. The proposal will now be presented to President Trump and China's Xi. Still, the discussions also did little to resolve a long-standing issue: China's trade surplus with the US. 'Markets will likely welcome the shift from confrontation to coordination,' said Charu Chanana, chief investment strategist at Saxo Markets. 'We're not out of the woods yet — it's up to Trump and Xi to approve and enforce the deal.' The meeting was set up after a phone call between the two leaders, following weeks of each side accusing the other of breaking the Geneva commitments. Both countries had used chips, rare earths, student visas and ethane as bargaining tools. Josef Gregory Mahoney, a professor at East China Normal University, said trust, not money, has been the biggest casualty of the trade war. 'We've heard a lot about frameworks,' he said. 'But the fundamental issue remains: Chips versus rare earths. Everything else is a peacock dance.' Bloomberg reports: Read more here. Error in retrieving data Sign in to access your portfolio Error in retrieving data

Trump EPA moves to repeal climate rules that limit greenhouse gas emissions from US power plants

time26 minutes ago

Trump EPA moves to repeal climate rules that limit greenhouse gas emissions from US power plants

WASHINGTON -- The Environmental Protection Agency on Wednesday proposed repealing rules that limit planet-warming greenhouse gas emissions from power plants fueled by coal and natural gas, an action that Administrator Lee Zeldin said would remove billions of dollars in costs for industry and help 'unleash' American energy. The EPA also proposed weakening a regulation that requires power plants to reduce emissions of mercury and other toxic pollutants that can harm the brain development of young children and contribute to heart attacks and other health problems in adults. The rollbacks are meant to fulfill Republican President Donald Trump's repeated pledge to ' unleash American energy ' and make it more affordable for Americans to power their homes and operate businesses. If approved and made final, the plans would reverse efforts by Democratic President Joe Biden's administration to address climate change and improve conditions in areas heavily burdened by industrial pollution, mostly in low-income and majority Black or Hispanic communities. The power plant rules are among about 30 environmental regulations that Zeldin targeted in March when he announced what he called the 'most consequential day of deregulation in American history.' Zeldin said Wednesday the new rules would help end what he called the Biden and Obama administrations' 'war on so much of our U.S. domestic energy supply.' 'The American public spoke loudly and clearly last November,'' he added in a speech at EPA headquarters. 'They wanted to make sure that … no matter what agency anybody might be confirmed to lead, we are finding opportunities to pursue common-sense, pragmatic solutions that will help reduce the cost of living … create jobs and usher in a golden era of American prosperity.' Environmental and public health groups called the rollbacks dangerous and vowed to challenge the rules in court. Dr. Lisa Patel, a pediatrician and executive director of the Medical Society Consortium on Climate & Health, called the proposals 'yet another in a series of attacks' by the Trump administration on the nation's 'health, our children, our climate and the basic idea of clean air and water.' She called it 'unconscionable to think that our country would move backwards on something as common sense as protecting children from mercury and our planet from worsening hurricanes, wildfires, floods and poor air quality driven by climate change.' 'Ignoring the immense harm to public health from power plant pollution is a clear violation of the law,'' added Manish Bapna, president and CEO of the Natural Resources Defense Council. 'If EPA finalizes a slapdash effort to repeal those rules, we'll see them in court.' The EPA-targeted rules could prevent an estimated 30,000 deaths and save $275 billion each year they are in effect, according to an Associated Press examination that included the agency's own prior assessments and a wide range of other research. It's by no means guaranteed that the rules will be entirely eliminated — they can't be changed without going through a federal rulemaking process that can take years and requires public comment and scientific justification. Even a partial dismantling of the rules would mean more pollutants such as smog, mercury and lead — and especially more tiny airborne particles that can lodge in lungs and cause health problems, the AP analysis found. It would also mean higher emissions of greenhouse gases, driving Earth's warming to deadlier levels. Biden, a Democrat, had made fighting climate change a hallmark of his presidency. Coal-fired power plants would be forced to capture smokestack emissions or shut down under a strict EPA rule issued last year. Then-EPA head Michael Regan said the power plant rules would reduce pollution and improve public health while supporting a reliable, long-term supply of electricity. The power sector is the nation's second-largest contributor to climate change, after transportation. In its proposed regulation, the Trump EPA argues that carbon dioxide and other greenhouse gases from fossil fuel-fired power plants 'do not contribute significantly to dangerous pollution' or climate change and therefore do not meet a threshold under the Clean Air Act for regulatory action. Greenhouse gas emissions from coal and gas-fired plants 'are a small and decreasing part of global emissions,'' the EPA said, adding: 'This Administration's priority is to promote the public health or welfare through energy dominance and independence secured by using fossil fuels to generate power.' The Clean Air Act allows the EPA to limit emissions from power plants and other industrial sources if those emissions significantly contribute to air pollution that endangers public health. If fossil fuel plants no longer meet the EPA's threshold, the Trump administration may later argue that other pollutants from other industrial sectors don't either and therefore shouldn't be regulated, said Meghan Greenfield, a former EPA and Justice Department lawyer now in private practice at Jenner & Block LLP. The EPA proposal 'has the potential to have much, much broader implications,' she said. Zeldin, a former New York congressman, said the Biden-era rules were designed to 'suffocate our economy in order to protect the environment,' with the intent to regulate the coal industry 'out of existence' and make it 'disappear.' National Mining Association president and CEO Rich Nolan applauded the new rules, saying they remove 'deliberately unattainable standards' for clean air while 'leveling the playing field for reliable power sources, instead of stacking the deck against them.' But Dr. Howard Frumkin, a former director of the National Center for Environmental Health and professor emeritus at the University of Washington School of Public Health, said Zeldin and Trump were trying to deny reality. 'The world is round, the sun rises in the east, coal- and gas-fired power plants contribute significantly to climate change, and climate change increases the risk of heat waves, catastrophic storms and many other health threats,' Frumkin said. 'These are indisputable facts. If you torpedo regulations on power plant greenhouse gas emissions, you torpedo the health and well-being of the American public and contribute to leaving a world of risk and suffering to our children and grandchildren.' A paper published earlier this year in the journal Science found the Biden-era rules could reduce U.S. power sector carbon emissions by 73% to 86% below 2005 levels by 2040, compared with a reduction of 60% to 83% without the rules. 'Carbon emissions in the power sector drop at a faster rate with the (Biden-era) rules in place than without them,' said Aaron Bergman, a fellow at Resources for the Future, a nonprofit research institution and a co-author of the Science paper. The Biden rule also would result in 'significant reductions in sulfur dioxide and nitrogen oxides, pollutants that harm human health,' he said.

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