Friday, February 26, 2021

The Jefferson Journal: The War on Fossil Fuels

The Jefferson Journal
The War on Fossil Fuels
                                                             By Stephen D. Haner
 
2/26/2021 – The lesson of the Texas grid collapse is not just about electricity. Imagine the week Texans would have had if once the power went out and stayed out, they had no gasoline, diesel, propane, or natural gas to fall back on. How much worse would their plight have been without natural gas heating homes and businesses, propane space heaters and grills, and gasoline or diesel-powered cars and trucks to get where they needed to go?
 
You might think it alarmist to imagine that, but it is not. An all-electric economy, with the electricity itself reliant on unreliable wind and solar generation, is exactly the future envisioned for Virginia and being put into place by Governor Ralph Northam and the majority in the General Assembly. 
 
The 2020 Virginia Clean Economy Act already requires the retirement of coal and natural gas electricity generation in the state in less than 30 years. That’s what zero carbon means, although fortunately Virginia’s main electricity provider maintains a fleet of aging nuclear plants not mandated to close. Yet.  
 
Electricity is just the start. There is not one aspect of our economic lives where the debate is not being driven by the assumption – unproved and hotly contested – that our very existence is threatened by carbon dioxide emissions. The constant drumbeat of such claims have evolved into conventional wisdom. The lesson of Texas is we must slow down and think before we find ourselves over this cliff. 
 
The proposed carbon tax and rationing scheme known as the Transportation and Climate Initiative is just a first step, with advocates admitting the ultimate goal is to eliminate gasoline and diesel as transportation fuels and make us totally dependent on electric vehicles. 
 
This General Assembly was not asked to impose TCI with its taxes on Virginians. Yet. Once the 2021 election is past, the state is likely to join the interstate transportation fuel compact it has been negotiating for a decade. This year’s General Assembly, however, did authorize joining with California and other states in a regulatory structure intended to ultimately end the sale of new internal combustion engines. Virginia is ceding control over that process to California and other states.
 
A serious effort was made this year to impose a tax on your electric bill to finance, among other things, converting the homes of lower income Virginians from natural gas or oil heat to electric heat pumps. Nothing would make the power companies happier, but that just makes us even more dependent on a single energy source. Another bill tax would have financed a fleet of electric school buses, destined to grow.
 
The Atlantic Coast Pipeline to bring a huge new natural gas supply into the state was crushed by environmental opposition, as was a modest expansion of an existing Virginia Natural Gas line into Hampton Roads. The Mountain Valley Pipeline is fighting for its life in the western part of the state. One of the first actions of President Joe Biden was to kill a major Canada-to-Gulf Coast oil pipeline.
 
People see the threads, but not the whole cloth. The war on coal is now a war on every fossil fuel. Coal miners will be joined in fighting for their livelihoods by the entire oil and gas industry, from auto mechanics to the service station industry. 
 
It took probably fifteen minutes into the Texas crisis for the climate change warriors to begin to claim that the cold snap was caused by global warming. But the cold weather there was not out of line with past experience, and one day could do the same to parts of our electric grid. All of the extreme weather claims tied to global warming collapse when compared to historical records. But extremes will happen and will threaten the grid.
 
When those dark days come, we will not want an all-electricity economy, especially if dependent on intermittent sources. We will need – as Texas just proved – gasoline, diesel, propane and natural gas for at least some of our homes, stores, and workplaces.
 
A version of this commentary originally appeared in the February 26, 2021 edition of The Fredericksburg Free Lance-Star. Stephen D. Haner is Senior Fellow for State and Local Tax Policy at the Thomas Jefferson Institute for Public Policy. He may be reached at steve@thomasjeffersoninst.org.
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Wednesday, February 24, 2021

The next few hours are critical - contact your Delegate & State Senator to support PPP deductibility

Dear Member,Right now, there are two competing Virginia bills (HB1935/SB1146) to determine which of the two federal tax changes related to Paycheck Protection Program (PPP) loans should be provided to
Dear Member,

Right now, there are two competing Virginia bills (HB1935/SB1146) to determine which of the two federal tax changes related to Paycheck Protection Program (PPP) loans should be provided to Virginia employers. Both bills include the PPP income exclusion provision, but they also must include Rebuild Virginia grants and local grants paid for with COVID relief funds.  All of these income sources also must have deductibility for related expenses. The question is how to address deductibility?
 
Senate Bill 1146 includes a deduction up to $100,000 while House Bill 1935 only allows up to $25,000. Both only address PPP deductibility and not Rebuild Virginia grants or local grants paid for with COVID relief funds.
 
Just this week, Governor Northam announced Virginia will collect $730 million more than expected in sales and income taxes over the next two years. There is no excuse not to approve the $100,000 deduction or provide for full deductibility and include Rebuild Virginia grants and local grants paid for with COVID relief funds.
 
The next few hours on this issue are critical! Contact your Delegate and State Senator NOW. Tell them how many jobs your company saved with its PPP loan. Tell them to restore PPP, Rebuild Virginia and local grants deductibility!

Don't forget to share this campagin with five colleagues and/or friends, urging them to do the same!

Click the link below to log in and send your message:
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Phone (804) 643-7489 Fax (804) 780-3853
2108 West Laburnum Avenue, Suite 230, Richmond, Virginia 23227

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Tuesday, February 23, 2021

Fwd: Legislative Update: February 23, 2021


-----Original Message-----
From: Office of Senator Ryan T. McDougle <senator@ryanmcdougle.com>
Sent: Tue, Feb 23, 2021 10:12 am
Subject: Legislative Update: February 23, 2021

Senator Ryan T. McDougle

Legislative Update: February 23, 2021
Friends,

The General Assembly is approaching the end of the 2021 Special Session. Unlike the previous special session, Democrats chose an end date for this session to conclude on March 1st.

As we enter the last days of Session, final determination still needs to be made on hundreds of bills. Moreover, House and Senate negotiators must reach an agreement on a package of amendments to the 2020-2022 Biennial Budget. Despite my frustrations with the inefficiencies with this year's legislative process, I will be working with my colleagues to do everything we can to ensure the March 1st deadline is met.

Last Tuesday, Virginia's statewide COVID-19 vaccination registration system went live. Despite initial issues with the site crashing, the site appears to now be stable. The Virginia Department of Health has stated that individuals who have previously registered with a local health district or an employer are already on the centralized list, so there is no need to register again.

To pre-register for the vaccine or check your status, visit vaccinate.virginia.gov or click the button below.
The transition from registering at local health departments to a centralized registration system has been rocky to say the least. However, our most significant frustration continues to be the inequitable distribution of doses throughout the Commonwealth. As the second table below shows, certain health departments are receiving substantially less doses than their counterparts in other areas.
Source: Virginia Department of Health -- Updated: 2-22-2021
The Senate of Virginia continues working in person out of our temporary chambers at the Science Museum of Virginia. Considering we've been using the venue to conduct Senate sessions since the 2020 Reconvened Session last April, our surroundings no longer seem quite so temporary.

While the Special Session is wrapping up, I still encourage you to call or email my office to express your thoughts on a particular bill or if I can be of any assistance to you. You can call 804-698-7804 or email senator@ryanmcdougle.com

It is an honor to work on your behalf in the Senate of Virginia. 

Sincerely,
Signature
Ryan T. McDougle
Authorized and Paid for by McDougle for Virginia | P.O. Box 187, Mechanicsville, VA 23111
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