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The House Committee on Energy and Commerce released its bill text that would be part of a massive tax cut measure for billionaires. In addition to cuts to Medicaid, it contains an unprecedented slate of attacks on the environment and giveaways for the oil and gas industry.
The following is a statement from Alexandra Adams, chief policy advocacy officer at NRDC (Natural Resources Defense Council):
“This measure is a direct assault on the health of the American people.
“While it slashes health coverage, it gives polluters free rein to foul the air and water. It guts key programs that protect kids from asthma, the elderly from lung and heart disease, and communities that have been inundated with deadly pollutants for decades.
“Cleaning up smog at ports, reducing the methane spewing from oil wells, and making aluminum smelting a cleaner process have all enjoyed broad bipartisan support. But now, the majority is acting with reckless abandon to try and destroy these efforts.
“And while it slashes much-needed support for clean energy and climate resilience, it would allow fossil fuel companies to pay to get their project approved. That’s not just wrong, it’s un-American.
“Congress should reject this radical bill that would harm the health and welfare of the American people.”
Background
As part of the process of developing the reconciliation bill, the House Energy and Commerce committee released its draft measure last night. Its numerous provisions related to the environment, clean energy and fossil fuel projects include:
NRDC works to safeguard the earth--its people, its plants and animals, and the natural systems on which all life depends. We combine the power of more than three million members and online activists with the expertise of some 700 scientists, lawyers, and policy advocates across the globe to ensure the rights of all people to the air, the water, and the wild.
(212) 727-2700The commission's upcoming first meeting will focus on "strengthening AI infrastructure, accelerating AI's impact on health, education, food security, and disaster response, and ensuring trust and safety," said its CEO co-chair.
A week after United Nations Secretary-General António Guterres called on artificial intelligence companies to "come clean" about the full costs of power-sucking data centers, and as a UN panel on Wednesday released a report detailing the risks and impacts of AI, Axios revealed the creation of a related commission that's full of Big Tech executives.
"The UN and its International Telecommunication Union (ITU) are convening the AI for Good Global Commission, which will hold its first meeting on July 8 in Geneva, Switzerland," according to the outlet. It will be co-chaired by Salesforce CEO Marc Benioff and Rwandan President Paul Kagame, with other tech and policy leaders joining as members.
So far, Axios reported, they include ITU Secretary-General Doreen Bogdan-Martin, Estonian President Alar Karis, Amazon CEO Andy Jassy, Anthropic co-founder Jack Clark, Cohere co-founder Aidan Gomez, Microsoft president Brad Smith, Nvidia founder and CEO Jensen Huang, and AI and tech policymakers from Kazakhstan, Namibia, Nigeria, Saudi Arabia, and Singapore.
"AI is the most profound technological transition in history. And our values have to guide every step, because responsibility is the core of AI ethics," Benioff said. The commission will bring together "the people who build AI, deploy it, shape policy, and represent communities."
He added that "our inaugural meeting will focus on where this group is uniquely positioned to act together: strengthening AI infrastructure, accelerating AI's impact on health, education, food security, and disaster response, and ensuring trust and safety."
However, given recent polls showing that the public has limited confidence in large technology companies, opposes constructing data centers for artificial intelligence in their local area, is wary of AI’s impact on daily life, and has concerns about politicians having a "cozy relationship" with Big Tech, the commission may be met with skepticism or even backlash.
In the lead-up to the commission's meeting next week at the ITU's AI for Good Global Summit, the UN plans to hold the inaugural Global Dialogue on AI Governance, featuring a presentation of the "Preliminary Report of the Independent International Scientific Panel on Artificial Intelligence," published Wednesday.
Established with a UN resolution last August, the panel is the first global scientific body on AI—and, as Guterres said in a statement about its new report, "the panel is intended to help the world separate fact from fakes, and science from slop."
"We are looking to them to provide an authoritative reference point at a moment when reliable, unbiased understanding of AI has never been more critical," the UN chief explained. "I am pleased to say that they have delivered a down payment on that commitment—in record time."
The panel's co-chair, Canadian computer scientist Yoshua Bengio, noted that "AI capabilities are outpacing both scientific understanding and governments' ability to adapt. With growing evidence of deceptive AI behavior, science currently cannot guarantee that as capabilities continue to increase, AI will not cause catastrophic harm, either on its own or due to malicious users."
"To act effectively, global policymakers must understand these systems," he asserted. "This panel provides exactly that: a rigorous, shared scientific foundation to guide our collective way forward."
The report discusses AI's recent advances and expected trajectories; societal applications, from agriculture to education to healthcare; economic implications; security and environmental concerns; impacts on democracy, human rights, and information; potential harms to child safety and culture; and governance of the rapidly developing technology.
"The technology is transformative, but if the world keeps moving along this trajectory, humanity will fail to realize the gains it promises. The risks—to societies, to security, and to our species—are too high, and the forces driving AI forward are not the forces that will deliver its benefits," said Maria Ressa, a panel's co-chair and Nobel Peace Prize-winning Filipino-American journalist.
Guterres, whose term ends this year, similarly stressed the need for urgent action on a global scale. He said that the "single lesson" he wanted to highlight from the multifaceted report is that "the more AI advances without shared rules, the less say governments and people will have in the outcome. So my message to governments is simple: Do not wait."
"Next week in Geneva, the first Global Dialogue on AI Governance will begin to turn science into shared action—with every nation at the same table," he said. "I look forward to joining member states there to help carry this work forward. And soon, I will set out proposals to help countries build the capacity to adequately deal with this technology—and share in its rewards."
Guterres' Wednesday comments came after he publicly took aim at artificial intelligence companies last week, proposing the AI Environmental Transparency Initiative during London Climate Action Week, as the second heatwave in as many months scorched the United Kingdom and various other European countries, killing at least hundreds of people.
"I am calling on every major AI company to measure and publicly disclose the full environmental impact of its systems—carbon, water, and land footprints—and to commit to power every data center with renewable energy by 2030," he declared. "No more hidden costs. No more shifting the burden onto those least able to bear it."
"Affordability?" said Rep. Troy Nehls. "What are you talking about?"
Republican Rep. Troy Nehls, a leading defender of President Donald Trump, didn't seem too concerned when asked on Tuesday about Americans' struggles to pay for food on the Fourth of July, saying they may just not work as hard as he does.
As Nehls (R-Texas) prepared to depart for the holiday recess, a pair of reporters—Pablo Manríquez of Meidas Touch and Julian Andreone of Drop Site News—caught him on the steps of the Capitol and asked how Republicans planned to address the high cost of living, which voters consistently say is their top concern entering midterm election season.
Manríquez asked Nehls how House Republicans planned to "make the case that you're fighting for affordability when you go back to your districts?"
Nehls responded: "Affordability? What are you talking about?"
Unprompted, he proceeded to brag about his plans for the holiday: "I'm gonna go there tomorrow. I'm gonna get me a couple of big lobster tails. I'm gonna get me some nice rib-eyes. I'm gonna sit in my backyard with my family and my neighbors, and we're going to be enjoying the Fourth, celebrating 250 years... celebrating the greatest president of my lifetime, Donald J. Trump."
According to the latest Consumer Price Index report from the Bureau of Labor Statistics, annual inflation has surged to 4.2% after Trump's war with Iran caused energy costs to spike and prices to soar throughout the economy.
High inflation has affected the cost of many holiday staples. According to a report out Tuesday from the Groundwork Collaborative, the cost of ground beef has surged more than 20%, and Ball Park brand hot dogs have climbed 13% in price since last summer.
"Everybody understands, you're going to see a little increase in energy prices because of Iran," Nehls said Tuesday. "I mean, come on, people aren't stupid, you realize that when you have a conflict in Iran."
Though oil and gas companies are reportedly set to make an additional $700 billion this year on the backs of consumers beyond what they would have made without the war, Nehls credited Trump with taking on "price gouging." And though gas prices are still projected to remain elevated through the year's end despite a possible end to the war, he said the high costs were a "temporary issue."
Andreone then asked Nehls, "Do you think the 60% of Americans who are living paycheck to paycheck can afford lobster tails and rib-eyes and all of that?"
"Maybe not," Nehls responded. "Maybe the 60% of Americans don't work as hard as I do, neither, I mean I don't know."
With Trump's approval rating on the economy in shambles—a record low 33% of American adults said they approve of his performance in an NPR/PBS News/Marist poll last week—Nehls' comments were perceived as yet another sign that Republicans were hopelessly out of touch with Americans' needs.
It was not the only one. At a time when more than three-quarters of Americans said the cost of housing was an important issue, Trump justified his refusal to sign a piece of bipartisan housing legislation on Monday by saying: "I don't want to drive housing prices down. I want to drive housing prices up."
Trump has previously described the concept of affordability as a Democratic "hoax" and said that when making decisions related to the Iran War, "I don't think about Americans' financial situation."
While Nehls is retiring and won't have to face voters' wrath in November, his tin-eared surf and turf boast could provide more ammunition to Democrats hammering on affordability as they hope to take back the House and Senate, in part by gaining ground in his home state of Texas.
Responding to the video of Nehls, journalist and commentator Mehdi Hasan said, "Democrats should turn this into an ad."
One expert who has studied presidential wealth called Trump's windfall "completely unprecedented" in American history.
Annual financial disclosures released Tuesday reveal that US President Donald Trump pocketed at least $2.2 billion—more than half of it from his family's crypto grift—during his first year back in the White House, a windfall that experts say is without precedent in American history.
The disclosure report shows that Trump pulled in $635 million in royalties from Celebration Coins, an entity linked to the president's meme coin. The president also disclosed around $527 million in proceeds from token sales by World Liberty Financial, the Trump family crypto venture spearheaded by Eric Trump and Donald Trump Jr.
“It is completely unprecedented,” Megan Gorman, a tax attorney who has studied the history of presidential wealth, told The New York Times of the president's windfall.
Robert Weissman, co-president of the consumer advocacy group Public Citizen, said in a statement that "Trump’s obscene income is driven by various cryptocurrency schemes, leveraging his political position to exploit a scam-driven industry that he once said was nothing more than a racket."
"In doing so, he’s ripping off investors—to the tune of billions—who want to get in on the game with him, or think that buying his crypto products is an innocent means to show their support," said Weissman. "Most troubling, Trump’s personal profit interest has now aligned him with the crypto industry, paving the way for dangerous legislation that will facilitate mass rip-offs and even threaten financial system stability."
Trump's massive profits from an industry he's tasked with regulating represent what the watchdog group Campaign Legal Center (CLC) described as an "unprecedented" conflict of interest, notwithstanding the White House's laughable claim that "neither the president nor his family has ever engaged—or will ever engage—in conflicts of interest."
"We have never seen a president have direct conflicts of interest with his financial holdings and the policies he supports, and it’s another example why we need widespread ethics reform now," Kedric Payne, CLC's senior director of ethics, told The Wall Street Journal.
The Journal noted that, in addition to crypto profits, "Trump reported $4.7 million in income last year from Trump-branded watches, as well as $1.9 million in royalties from his 'Save America' book."
"Multimillion-dollar licensing deals linked to real-estate developers stretched from Romania to India to across the Middle East. A $6,484-a-month pension from the Screen Actors Guild continued paying out," the newspaper observed.
The disclosures also include tens of million dollars in legal settlements stemming from Trump's lawsuits against major companies, including ABC, CBS, and Meta.
Sen. Elizabeth Warren (D-Mass.), the top Democrat on the Senate Banking Committee, said Tuesday that lawmakers must add language to the upper chamber's crypto legislation that prevents "the president, vice president, senior administration officials, members of Congress, and their families from profiting off the crypto industry."
"If it does not," the senator warned, "it will only turbocharge Donald Trump’s brazen crypto corruption."