January, 13 2022, 09:42am EDT
For Immediate Release
Contact:
Lisa Frank, Environment America Research & Policy Center’s Washington Legislative Office Executive Director, 503-758-0712, lfrank@environmentamerica.org
Matt Casale, U.S. PIRG Education Fund’s Environment Campaigns Director, 609-610-8002, mcasale@pirg.org
Josh Chetwynd, Deputy Director, Media Relations, 303-573-5558, jchetwynd@
New Report: President Biden's First Year in Office Marks Progress on Numerous Environmental Fronts
Climate, clean air, and national monuments see improvements.
WASHINGTON
Following years of rollbacks, President Joe Biden began his term nearly a year ago amidst unprecedented environmental and public health challenges. Despite these obstacles, his administration has made significant strides toward restoring lost environmental protections and confronting daunting threats to our climate and public health, according to a new report by Environment America Research & Policy Center and U.S. PIRG Education Fund.
The progress report, President Biden's First Year: A year of restoring lost environmental protections, documents the Biden administration's work on 20 "priority actions" that enjoy broad support and have significant environmental impact. Although much of the media attention this past year has focused on big ticket bills like the Infrastructure Investment and Jobs Act and the Build Back Better Act, which still has an uncertain fate in Congress, the actions highlighted in the report are worthy of recognition as well. These include:
- Rejoining the Paris Climate Accord, an international treaty to limit global warming.
- Setting new federal emissions standards for passenger cars and light trucks, a major driver of air pollution and climate change.
- Restoring protections for the Northeast Canyons and Seamounts Marine National Monument, Bears Ears, and Grand Staircase-Escalante National Monuments.
- Releasing their Lead Pipe and Paint Action Plan, which details the administration's plan to remediate lead paint and replace all lead pipes within the next decade.
- Placing a moratorium on oil and gas leasing in the Arctic National Wildlife Refuge.
"When President Biden took office last January, there was a tremendous sense of relief and hope from an environmental community that had been playing mostly defense at the federal level the past four years. This report shows those feelings were justified," said Lisa Frank, executive director of Environment America Research & Policy Center's Washington Legislative Office and co-author of the report. "Americans count on the federal government to safeguard the air we breathe, the water we drink and the public lands we enjoy, and on these fronts the Biden administration has made encouraging progress."
While the report focuses primarily on actions taken directly by the Biden administration, it also highlights the impact of the bipartisan Infrastructure Investment and Jobs Act. The president used his position to advance this important environmental legislation, which includes helping ensure America has clean water, improved power and transportation systems, and a down payment on a nationwide electric vehicle charging network.
"It's no secret that President Biden started his presidency with significant ground to make up on the environmental front -- so far, he's made good progress," said Matt Casale, another co-author of the report and U.S. PIRG Education Fund's environment campaigns director. "While there remains work to do, the passage of the Infrastructure Investment and Jobs Act is a major accomplishment and its investments in public transportation, electric school buses and electric vehicle charging infrastructure will make a real difference across the country."
While the administration has made some progress on nearly all of the 20 priority items, many remain unfinished, including stronger limits on methane and ozone pollution--two potent greenhouse gasses.
"There is no doubt that today we are in a better place from an environmental perspective than we were a year ago, but we still have a long way to go to ensure a stable climate for our kids," Casale said.
Among other actions that remain on the to-do list is withdrawing the Trump administration's offshore drilling plan, which would open nearly all U.S. waters to offshore drilling. The Biden administration has held large lease sales in the Gulf of Mexico, despite recent spills there and off the coast of California that are harming ocean life and fouling beaches. The administration also must implement its Lead Pipe and Paint Action Plan and address the millions of lead pipes still in use across all 50 states. Lead is a potent neurotoxin that is especially harmful to children.
"In 2022, we urge the administration to finish what it started in 2021," Frank concluded. "With comment periods ending soon on methane pollution and protecting the Tongass National Forest, we hope to check those key priorities off the list in short order."
With Environment America, you protect the places that all of us love and promote core environmental values, such as clean air to breathe, clean water to drink, and clean energy to power our lives. We're a national network of 29 state environmental groups with members and supporters in every state. Together, we focus on timely, targeted action that wins tangible improvements in the quality of our environment and our lives.
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"In 2024, these billionaire families used their enormous wealth to make record-breaking political contributions to secure a GOP trifecta," reads a new report.
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The children of the richest families in the U.S. are well-known for spending their vast wealth on frivolous luxuries—constructing a replica of a medieval church on their acres of property, in the case of banking heir Timothy Mellon, or starting a brand of T-shirts described by one critic as "terrible beyond your wildest imagination," as Wyatt Koch, nephew of Republican megadonors Charles and David, did.
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In addition, the heirs of the country's biggest fortunes spend vast sums "to elect politicians who protect their unearned wealth and manipulate the country's economy in their favor," said ATF.
Along with Mellon and Koch, the report profiles Samuel Logan of the Scripps media dynasty; Nicola Peltz-Beckham, daughter of billionaire investor Nelson Peltz; Gabrielle Rubenstein, whose family has made its fortune in private equity; and President-elect Donald Trump's son, Eric Trump.
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At least 90 billionaires have passed away over the last decade, leaving their beneficiaries $455 billion in collective wealth.
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"Trump and his allies in Congress are doing their donors' bidding by rigging the system in their favor and pushing a $4 trillion giveaway to wealthy elites and giant corporations."
Without loopholes included the stepped up basis tax cut, the current estate tax on billionaires and centimillionaires would yield enough revenue to fund universal childcare, preschool, and paid family leave for U.S. workers, with hundreds of billions of dollars left over, according to ATF's report.
The wealthy heirs profiled in the report and their families are some of the Republican Party's top donors—contributing hundreds of millions of dollars to candidates including Trump in the hopes of securing even more tax cuts.
Mellon, for example, is Trump's "biggest supporter, giving $140 million to a pro-Trump PAC in 2024 alone," reads the report.
A previous analysis by ATF found that as of late October, just 150 billionaire families had spent $1.9 billion on the 2024 elections.
As the Center for American Progress found earlier this year, Trump's plan to extend the tax cuts that he pushed through in 2017 would cost $4 trillion over the next decade.
"The vast wealth inherited by centuries-old billionaire families is staggering. While these heirs and their billions go undertaxed, enormous sums are squandered on lavish mansions, private jets, and vanity projects instead of funding crucial public investments," said ATF executive director David Kass. "In 2024, these billionaire families used their enormous wealth to make record-breaking political contributions to secure a GOP trifecta. Now, Trump and his allies in Congress are doing their donors' bidding by rigging the system in their favor and pushing a $4 trillion giveaway to wealthy elites and giant corporations—all while advocating for cuts to vital programs that working and middle-class Americans depend on."
The report calls for Congress to pass "proven, pragmatic proposals to unrig the tax system that enjoy high levels of popular support," such as the Ultra Millionaire Tax Act that was proposed by Sen. Elizabeth Warren (D-Mass.) and Reps. Pramila Jayapal (D-Wash.) and Brendan Boyle (D-Pa.) this year. The bill would tax fortunes between $50 million and $1 billion at 2% and wealth above $1 billion at $1 billion.
The small tax on enormous wealth would generate "a whopping $3 trillion over 10 years," said ATF.
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Under the bill, the estate tax exemption would be lowered to $7 million per couple and the current 40% flat rate would be replaced with a sliding scale that would charge higher rates as a family's wealth grows.
"None of these tax reforms would impoverish the ultra wealthy, nor even inconvenience them in any meaningful way–but they would reduce the concentration of wealth that is so corrosive to society," reads the report. "At the same time, they would raise trillions of dollars that could be used to reduce inequality and improve the lives of families that can only dream of the kind of security and opportunity enjoyed by the nation’s richest clans."
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The Wall Street Journalreported Thursday that members of Trump's transition team and the new Elon Musk-led Department of Government Efficiency have asked nominees under consideration to head the FDIC and OCC if the bank watchdogs could be eliminated and have their functions absorbed by the Treasury Department, which is set to be run by a billionaire hedge fund manager and crypto enthusiast.
"Bank executives are optimistic President-elect Donald Trump will ease a host of regulations on capital cushions and consumer protections, as well as scrutiny of consolidation in the industry," the Journal reported. "But FDIC deposit insurance is considered near sacred. Any move that threatened to undermine even the perception of deposit insurance could quickly ripple through banks and in a crisis might compound customer fears."
The Trump team's internal and fluid discussions about the fate of the key bank regulators broadly aligns with Project 2025's proposal to "merge the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, the National Credit Union Administration, and the Federal Reserve's non-monetary supervisory and regulatory functions."
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Observers warned that gutting the FDIC and OCC could catalyze another economic meltdown.
"The next recession starts here," tech journalist Jacob Silverman warned in response to the Journal's reporting.
Eric Rauchway, a historian of the New Deal, wrote that "even Milton Friedman appreciated the FDIC," underscoring the extreme nature of the incoming Trump administration's deregulatory ambitions.
Musk, the world's wealthiest man, is also pushing for the elimination of the Consumer Financial Protection Bureau, an agency established in the wake of the 2008 financial crisis.
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Guterres "is particularly concerned over the hundreds of Israeli airstrikes on several locations in Syria" and has stressed the "urgent need to de-escalate violence on all fronts throughout the country," said U.N. spokesperson Stephane Dujarric.
Israel claims its invasion and bombardment of Syria—which come as the United States and Turkey have also violated Syrian sovereignty with air and ground attacks—are meant to create a security buffer along the countries' shared border in the wake of last week's fall of former Syrian President Bashar al-Assad and amid the IDF's ongoing assault on Gaza, which has killed or wounded more than 162,000 Palestinians and is the subject of an International Court of Justice genocide case.
While Israel argues that its invasion of Syria does not violate a 1974 armistice agreement between the two countries because the Assad dynasty no longer rules the neighboring nation, Dujarric said Guterres maintains that Israel must uphold its obligations under the deal, "including by ending all unauthorized presence in the area of separation and refraining from any action that would undermine the cease-fire and stability in Golan."
Israel conquered the western two-thirds of the Golan Heights in 1967 and has illegally occupied it ever since, annexing the seized lands in 1981.
Other countries including France, Russia, and Saudi Arabia have criticized Israel's invasion, while the United States defended the move.
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