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Showing posts with label Elizabeth Warren. Show all posts
Showing posts with label Elizabeth Warren. Show all posts

Wednesday, August 10, 2016

Big Oil’s master class in rigging the system: Sheldon Whitehouse and Elizabeth Warren tell it like it is to Lamar Smith and his idiotic subpoena of state AGs

The writers, both Democrats, represent Rhode Island and Massachusetts, respectively, in the U.S. Senate.
For years, ExxonMobil actively advanced the notion that its products had little or no impact on the Earth’s environment. As recently as last year, it continued to fund organizations that play down the risks of carbon pollution. So what did ExxonMobil actually know about climate change? And when did it know it?
Reasonable questions — particularly if ExxonMobil misled its investors about the long-term prospects of its business model or if the company fooled consumers into buying its products based on false claims.
So now the attorneys general of Massachusetts and New York are investigating whether ExxonMobil violated state laws by knowingly misleading their residents and shareholders about climate change. Those investigations may be making ExxonMobil executives nervous, and their Republican friends in Congress are riding to the rescue. House Science, Space and Technology Committee Chairman Lamar Smith (R-Tex.) and his fellow committee Republicans have issued subpoenas demanding that the state officials fork over all materials relating to their investigations. They also targeted eight organizations, including the Union of Concerned Scientists, the Rockefeller Family Fund and Greenpeace, with similar subpoenas, demanding that they turn over internal communications related to what Smith describes as part of “coordinated efforts” to deprive ExxonMobil of its First Amendment rights.
Take a breath to absorb that: State attorneys general are investigating whether a fraud had been committed — something state AGs do every day. Sometimes AGs uncover fraud and sometimes they don’t, but if the evidence warrants it, the question of fraud will be resolved in open court, with all the evidence on public display. But instead of applauding the AGs for doing their jobs, this particular investigation against this particular oil company has brought down the wrath of congressional Republicans — and a swift effort to shut down the investigation before any evidence becomes public. So far, both AGs and all eight organizations have refused to comply. We say, good for them.
Let’s call this what it is: a master class in how big corporations rig the system. According to the Center for Responsive Politics, Smith has received nearly $685,000 in campaign contributions from the oil and gas industry during his career. Now he is using his committee to harass the investigators and bully those who dare bring facts of possible corporate malfeasance to their attention. Undoubtedly, the oil industry wants no further attention, much less court-supervised discovery, into whether it has spent decades deliberately deceiving the public about the harms associated with its product. So here come Smith and his Republican colleagues with threats of legal action designed to sidetrack state investigations and silence groups petitioning the government to address potential wrongdoing.

There’s plenty for the AGs to investigate. The Union of Concerned Scientists, for example, issued a 2015 report, “Climate Deception Dossiers: Internal Fossil Fuel Industry Memos Reveal Decades of Corporate Disinformation,” and a 2007 report, “Smoke, Mirrors & Hot Air: How ExxonMobil Uses Big Tobacco’s Tactics to Manufacture Uncertainty on Climate Science.” Both reports document how the industry has protected its bottom line by funding front organizations and scientists to put out junk science contradicting what peer-reviewed scientists, and even the industry’s own experts, were saying about how its products affected the environment. Union of Concerned Scientists President Ken Kimmell rightly dismissed the committee’s request, saying, “Mr. Smith makes no allegation that UCS violated any laws or regulations, and his claim, that providing information to attorneys general infringes on ExxonMobil’s rights, is nonsense.”
Massachusetts Attorney General Maura Healey and New York Attorney General Eric Schneiderman are also fighting back. In separate letters, they told Smith that they have no intention of complying with the committee’s request. “The Subpoena brings us one step closer to a protracted, unnecessary legal confrontation which will only distract and detract from the work of our respective offices,” Schneiderman wrote.
Smith is not the first fossil-fuel-backed Republican in Congress to come to the industry’s defense. In May, Senate Environment and Public Works Committee Chairman Jim Inhofe (R-Okla.), recipient of $1.8 million in oil and gas industry contributions since 1989, called the state AGs’ investigation a “misuse of power” and “politics at its worst.” The greater abuse comes when congressional committees appear to operate at the behest of the industries they are meant to oversee.
Congressional investigations and hearings have a unique ability to focus a nation’s attention and bring facts of public importance to light. As committee chairmen, Smith and Inhofe can direct their committees’ authority as they see fit, but using that power to stifle lawful state investigations doesn’t advance the First Amendment, it tramples on it.
So we have an alternative suggestion. If Chairmen Smith and Inhofe are concerned about the First Amendment rights of ExxonMobil, they should each call a hearing, ask ExxonMobil executives to testify, and give them the opportunity to set the record straight. A committee chairman could do little more to protect any person’s right to speak freely than to give that person the chance to testify before Congress. We would love to hear what they have to say.
https://www.washingtonpost.com/opinions/big-oils-master-class-in-rigging-the-system/2016/08/09/03ea2df6-5e48-11e6-9d2f-b1a3564181a1_story.html

Sunday, March 9, 2014

HEADS UP! TOMORROW NIGHT, MONDAY ALL-NIGHTER: Democratic Senators to pull #Up4Climate all-nighter

by A. Siegel, "Get Energy Smart! NOW!," March 9th, 2014

Monday night, the Democratic Party Senate leadership will take to the floor with speeches on climate change.
Majority Leader Harry M. Reid (D-Nev.) has pledged in recent weeks to continue allowing time for anyone who wants to discuss the issue during the weekly Democratic caucus lunch or on the Senate floor. The format planned for Monday is an extension of floor speeches given regularly by Whitehouse that usually begin with him saying that “it’s time to wake up” to climate change.
The majority of the majority will follow, through the night, with speech after speech focusing on climate change issues.
Participating Senators:
Senator Sheldon Whitehouse, D-R.I.
Senator Barbara Boxer, D-Calif.
Senator Dianne Feinstein, D-Calif.
Senator Ron Wyden, D-Ore.
Senator Bill Nelson, D-Fla.
Senator Maria Cantwell, D-Wash.
Senator Benjamin L. Cardin, D-Md.
Senator Bernard Sanders, I-Vt.
Senator Amy Klobuchar, D-Minn.
Senator Mark Udall, D-Colo.
Senator Tom Udall, D-N.M.
Senator Jeanne Shaheen, D-N.H.
Senator Jeff Merkley, D-Ore.
Senator Kirsten Gillibrand, D-N.Y.
Senator Al Franken, D-Minn.
Senator Richard Blumenthal, D-Conn.
Senator Chris Murphy, D-Conn.
Senator Martin Heinrich, D-N.M.
Senator Angus King, I-Maine
Senator Tim Kaine, D-Va.
Senator Elizabeth Warren, D-Mass.
Senator Edward J. Markey, D-Mass.
Senator Cory Booker, D-N.J.
Here is one of Senator Whitehouse’s 60+ floor speeches on climate … this one about the need for Congress to wake up to reality (text here), that “it is time for my colleagues to wake up.”

After the fold are extracts from Senator Whitehouse’s 11 December 2013 speech (the video) and Senator Warren’s request for supporters’ comments re climate impacts 25 years from now …
Senator Whitehouse’s speech … excerpts … really worth reading …
This is the 52nd consecutive week we’re in session that I have come to the Floor to ask us, please, for Lord’s sake, to wake up to the damage carbon pollution is already doing to our atmosphere, oceans, and climate; and to look ahead, to use our God-given sense, and to plan for what is so obviously coming.
In those weeks, I’ve talked about all different aspects of carbon pollution: its effect on sports and our economy, its effect on oceans and coasts, its effect on agriculture and wildfires, its effect on storms and insurance costs.
I’ve talked about the measurements — measurements — we can already make of the harm already happening: sea level rise, which you measure with a yardstick, basically; ocean temperature, which you measure with a thermometer; and ocean acidification — the fastest in fifty million years, according to research published in Nature Geoscience — which you can measure with litmus tests.
I have, I hope, to anyone listening with their logic turned on, thoroughly rebutted the deniers’ phony arguments against solving carbon pollution, whether those arguments purported to be based in science, or religion, or economics, or our competitiveness.
I have listed the thoughtful and responsible groups — from the Joint Chiefs of Staff to the U.S. Conference of Catholic Bishops, from WalMart to NASA, from Ford and GM to Coke and Pepsi, from America’s Garden Clubs to just last month our major sports leagues — who understand the truth about climate change and are saying so.
I’ve done my best to expose the calculated campaign of lies that we’re up against, and the vast scandalous apparatus of phony organizations and engineered messages that are designed to propagate those lies. I’ve traced the connections back to — of course — the big carbon polluters and their billionaire owners. And I’ve been obliged to point out that the money of those big polluters and billionaires floods this Chamber, that their lobbyists prowl the outer halls, and that to a sad and disappointing degree this Congress is bought and paid for by that polluter influence.
One factor we have yet to consider is whether, as an institution, Congress has just become completely irresponsible. Maybe this Congress just can’t operate as an institution at an intelligent level. Some Congresses are going to be smarter and more responsible than others — that’s just the natural order of variation. Some Congress is going to be the sorriest Congress ever. Maybe we’re it.
Some organizations, like NASA, for instance, are very smart. That’s why NASA is driving a rover around on the surface of Mars right now. That is a seriously smart organization.
Some organizations take ordinary people and call them to be their very best, to play at a level above their natural talents, to heed a higher calling than their selfish inclinations. At their best, our military and our churches tend to achieve that.
Some organizations, however, take even the most talented people, and drag them down to the lowest common denominator, and stifle the best and bring out the worst in even those very talented people.
Well, I ask people watching: which type of organization do you think Congress is right now? Which type do you think we are?
As an organization, it is hard to say anything kinder of Congress than that it is now a really irresponsible organization. We couldn’t even keep the United States government running. Standard and Poor’s estimated that our Tea Party shutdown foolishness cost Americans tens of billions of dollars, for no gain — none. We can’t sort out the basics of building and maintaining our American infrastructure: our own American Society of Civil Engineers gives our country a D+ for infrastructure.
And that’s not complicated stuff, yet we flub it; like a football team that fumbles the ball at the snap.
….
And that brings us to climate change. Yeah, it’s complicated, when you’re trying to predict and model something as complex as what our climate is going to do in the years ahead. But, it is also simple, when you look at the stuff that everyone agrees on, on the stuff that you can measure, the stuff that you’d have to be a nut or a crank or an eccentric to dispute.
Nobody responsible — nobody responsible disputes the principle that adding carbon dioxide to the atmosphere raises the temperature of the Earth, and that it does so through the so-called “greenhouse effect.” A scientist named John Tyndall figured that out at the time of the American Civil War. I brought his musty old paper in here several speeches ago. Its old leather binding was flaking and peeling. When that report was first published, Abraham Lincoln had just been elected President. In all the years since then, this principle of science has always been confirmed and validated. It is not some questionable theory. The greenhouse effect is real. It would not just be wrong, it would be irresponsible to deny that.
Nobody responsible disputes that for over a century our modern economy has run on fossil fuels, and that burning those fossil fuels has released gigatons of carbon dioxide into the atmosphere. The Global Carbon Project estimates that mankind has pumped about 2000 gigatons of carbon dioxide into the atmosphere since 1870. That’s a pretty solid estimate, and I’ve never even heard anyone dispute it.
So we know those two things: adding carbon dioxide to the atmosphere traps more heat; and we have released an estimated 2000 gigatons — 2000 billion tons — of carbon dioxide into the atmosphere.
Let’s go on from there. It is a known principle of science that a significant portion of that multi-gigaton carbon load is absorbed by the oceans, and that the chemical reaction when that absorption happens into the oceans makes the oceans more acidic. No responsible person disputes either proposition. It’s not some theory, it’s something that you can actually do and measure in a lab. Again, it wouldn’t just be wrong, it would be really irresponsible to deny that.
We also know that the oceans do more than absorb carbon — they absorb heat. Indeed they have absorbed most of the excess heat trapped by greenhouse gases– over 90% of the heat between 1971 and 2010 according to the recent IPCC report. And what happens when the oceans absorb heat? They expand. Thermal expansion is a basic physical property of liquids. It can also be shown in a very simple lab. It is not a theory. Again, it would be not just wrong but irresponsible to deny that, too.
It would not just be wrong, it would be irresponsible to deny what those simple measurements and clear principles tell us.
But we do. We do. We deny it. Congress won’t wake up and address this problem: like those monkeys: see no carbon, hear no carbon, speak no carbon.
Because we are so irresponsible, because we deny this reality, we are failing to take precautions, and as a result many people will suffer.
For those of us who love this country and are proud of it, and are proud of our government, and want this country and its government to be a beacon of hope and promise and rectitude, it hurts a little extra for the United States Congress to be such a failure. It hurts a little extra that we, in our generation, have driven Congress, the hub of our noble American experiment in democracy, the beating heart of this great republic, down to that low level.
It is a harsh judgment that this body is an irresponsible failure. But on climate, this Congress got it the old-fashioned way — it earned it.
I will close with a final observation. Compare the irresponsibility of this “see no carbon, hear no carbon, speak no carbon” Congress with the recent exhortation from Pope Francis. Here is what the Pope said – I’ll quote him at some length:
“There are other weak and defenceless beings who are frequently at the mercy of economic interests or indiscriminate exploitation. I am speaking of creation as a whole. We human beings are not only the beneficiaries but also the stewards of other creatures. Thanks to our bodies, God has joined us so closely to the world around us that we can feel the desertification of the soil almost as a physical ailment, and the extinction of a species as a painful disfigurement. Let us not leave in our wake a swath of destruction and death which will affect our own lives and those of future generations. Here I would make my own,” the Pope continued, “the touching and prophetic lament voiced some years ago by the bishops of the Philippines.” And he quotes them: ‘An incredible variety of insects lived in the forest and were busy with all kinds of tasks… Birds flew through the air, their bright plumes and varying calls adding color and song to the green of the forests… God intended this land for us, his special creatures, but not so that we might destroy it and turn it into a wasteland… After a single night’s rain, look at the chocolate brown rivers in your locality and remember that they are carrying the life blood of the land into the sea… How can fish swim in sewers like the . . . rivers which we have polluted? Who has turned the wonderworld of the seas into underwater cemeteries bereft of color and life?’ Small, yet strong in the love of God, like Saint Francis of Assisi, all of us, as Christians, are called to watch over and protect the fragile world in which we live, and all its peoples.”
What is our answer to the Pope, to this great Christian leader? In Congress, it’s the monkey answer: hear no carbon, see no carbon, speak no carbon.
We still have time to mitigate the worst effects of climate change. We can actually do it in painless ways. We can even do it in advantageous ways, in ways that will boost our economy. But we have got to do it. We have got to wake up. We simply have got to wake up.
Here is the message that Senator Elizabeth Warren (D-MA) sent her supporters:
There are a lot of people in Washington — a lot of lobbyists and a lot of politicians — who are determined to block any new laws that might reduce pollution.
Year after year, evidence grows about the damage we suffer from carbon pollution, and yet, the science deniers stay locked in place. It’s so bad that we can’t even have a serious conversation about the growing evidence that the earth is in real trouble.
So I have a question for you.
If we don’t do anything at all to stop climate change, what do you think the world will look like 25 years from now?
Monday night, several other senators and I are pulling an all-nighter on the floor of the Senate to talk about the importance of pollution and climate change. We are going to do our best to bring attention to a topic that a lot of people in Washington don’t want to talk about.
I’ve been assigned a block of time to talk, and I want to spend a chunk of it talking about as many stories as I can from people like you.
So take the question wherever you want: What do you think the planet is going to look like 25 years from now if we don’t tackle climate change head-on? What small thing will be different? What big thing will change everything?
Make it personal or make it public. Do some research or talk about what worries you. But however you want to do it, write it up — maybe a paragraph or two? — and send it to me. I want to post some of your answers online and read some of your answers on the floor of the Senate because I want other people to think about this question: If we don’t act, what could happen?
I think about what we could lose. I think about our natural treasures here in Massachusetts, from the Cape to the Berkshires, from hidden away gems to defining features of our great state. I think about what a more acidic ocean will mean for our fishermen, and whether we can sustain great oceanfront cities if sea levels continue to rise. I think about increasing rates of asthma and toxins that work their way into our food chain. I think about the threats to our economy and to our safety.
I also think about my three little grandchildren, and what kind of world we will leave to them. Are they going to live in a world where it’s not safe to breathe the air or drink the water because powerful corporations and their lobbyists blocked real change?
Twenty-five years is not such a long time. In 25 years, what will you be doing? What about your family and friends? And what about our earth?
I’m hopeful that if we think more about the future — if we really think hard about the path we’re on and the place it leads — then the urgency to change will be stronger and change will be within reach.
So back to my original question: If we don’t make serious changes, what happens to our world? Take a minute to answer that question now.
Remember, I’m going to read as many of these stories as I can on the floor of the United States Senate, so please make them good! If you find some good research, add a link. If you want to add a picture, I’ll include as many as I can. And if you want some friends or family to think about this question too, please forward the email and ask them to write. More voices will make us stronger.
Thank you for being a part of this,
Elizabeth
http://getenergysmartnow.com/2014/03/09/democratic-senators-to-pull-up4climate-all-nighter/ 

Sunday, December 29, 2013

The Year in Elizabeth Warren

The year in Elizabeth Warren

Democratic candidate for the U.S. Senate seat for Massachusetts Elizabeth Warren addresses supporters during her victory rally in Boston, Massachusetts, November 6, 2012. REUTERS/Gretchen Ertl (UNITED STATES - Tags: POLITICS USA PRESIDENTIAL ELECTION ELEC
attribution: REUTERS
For an awful lot of us, the highlight of the 2012 election was Elizabeth Warren's victory over Scott Brown in Massachusetts. That's because of moments like this, from the campaign:
"You built a factory out there? Good for you. But I want to be clear: you moved your goods to market on the roads the rest of us paid for; you hired workers the rest of us paid to educate; you were safe in your factory because of police forces and fire forces that the rest of us paid for. You didn't have to worry that marauding bands would come and seize everything at your factory, and hire someone to protect against this, because of the work the rest of us did.
Now look, you built a factory and it turned into something terrific, or a great idea? God bless. Keep a big hunk of it. But part of the underlying social contract is you take a hunk of that and pay forward for the next kid who comes along.
She hasn't veered from that philosophy, and she sure hasn't disappointed in her first year as a U.S. Senator. Jump below the fold for just a few highlights of her first year in the Senate.

Here's her first-ever hearing, and her challenge: When was the last time you took a Wall Street bank to trial?
Here's another hearing, where she grilled Sallie Mae officials why they are ripping off taxpayers.
Remember how she schooled the smug, arrogant CNBC hosts about Glass-Steagall? Priceless.
Here she is, blasting the Republicans for the government shutdown over Obamacare:
With millions of people still out of work, with an economic recovery that is still far too fragile, with students and families being crushed by student loan debt, with millions of seniors denied their chance at one hot meal a day with Meals on Wheels and millions of little children pushed out of Head Start because of a sequester, with the country hours away from a government shutdown and days away from a potential default on the nation’s debt, the Republicans have decided that the single most important issue facing our nation is to change the law so that employers can deny women access birth control coverage.
Finally, here she is arguing for expanding Social Security: "This is partly about math, but it's partly about our values. This is about what kind of a people we are, what kind of a country we are trying to build."
When we talk about "more and better Democrats" here, this is precisely what we mean. Bring on 2014!
http://www.dailykos.com/story/2013/12/25/1258831/-The-year-in-Elizabeth-Warren

Tuesday, December 24, 2013

Elizabeth Warren Comes Down Hard Against Global Warming, Separates Herself From Hillary Clinton On Climate Change

by Eric Zuesse, Huffington Post, December 22, 2013

On Friday, December 20th, Democratic U.S. Senator Elizabeth Warren finally separated herself clearly from former U.S. Secretary of State Hillary Clinton, regarding the issue of climate change and global warming. Here is the story:

TransCanada Corporation wants to build the Keystone XL Pipeline to carry oil from Alberta Canada's tar sands to two refineries owned by Koch Industries near the Texas Gulf Coast, for export to Europe; and Hillary Clinton has helped to make that happen, but Elizabeth Warren has now taken the opposite side.
Secretary of State Clinton, whose friend and former staffer Paul Elliot is a lobbyist for TransCanada, had worked behind the scenes to ease the way for commercial exploitation of this, the world's highest-carbon-emitting oil, 53% of which oil is owned by America's Koch Brothers. (Koch Industries owns 63% of the tar sands, and the Koch brothers own 86% of Koch Industries; Elaine Marshall, who is the widow of the son of the deceased Koch partner J. Howard Marshall, owns the remaining 14% of Koch Iindustries.)
David Goldwyn, who "served as Secretary of State Hillary Clinton's Special Envoy and Coordinator for International Energy Affairs," is yet another lobbyist for TransCanada. So, TransCanada has two of Hillary's friends working for them. Misters Elliot and Goldwyn thus worked intimately with Hillary's people to guide them on selecting a petroleum industry contractor (not an environmental firm, much less any governmental agency) to prepare the required environmental impact statement for this proposed pipeline.
Hillary Clinton as the Secretary of State had already displayed a record of carrying out the policies that were being promoted by her lobbyist friends, when she did everything possible, early in President Obama's first term, to support U.S. funding for the fascist junta in Honduras that perpetrated a coup d'etat on 28 June 2009 overthrowing that nation's popular progressive democratically elected President, and who then installed their own regime, and promptly placed their country into a continuing violent terror that caused Honduras ever since to be the nation with the highest murder rate in the world. Hillary's lobbyist friend in that particular matter was Lanny Davis, who also is an occasional Fox News contributor.
Secretary Clinton's State Department thus allowed the environmental impact statement on the proposed Keystone XL Pipeline to be performed by a petroleum industry contractor that was chosen by the company that was proposing to build and own the pipeline, TransCanada. That contractor had no climatologist, and their resulting report failed even at its basic job of estimating the number of degrees by which the Earth's climate would be additionally heated if this pipeline is built and operated. Their report ignored that question, and instead evaluated the impact that climate change would have on the pipeline, which was estimated to be none.
President Obama himself is now trying to force the European Union to relax their anti-global-warming regulations so as to permit them to import the Kochs' dirty oil. His agent in this effort is his new U.S. Trade Representative, Michael Froman, from Wall Street.
But on December 20th, Senator Warren signed onto a letter criticizing the Obama Administration's apparent effort to force the European Union to agree to purchase this oil. As the Huffington Post's Kate Sheppard reported, "Six senators and 16 House members, all Democrats, wrote a letter to Froman on Friday asking him to elaborate on his position on the matter. 'If these reports are accurate, USTR's [the U.S. Trade Representative's] actions could undercut the EU's commendable goal of reducing greenhouse gas emissions in its transportation sectors," these 22 Democratic lawmakers wrote.
This is, essentially, a rebellion by 22 progressive congressional Democrats against the Clinton-Obama effort to provide a market for the Kochs' dirty oil. This letter was actually written by Representative Henry Waxman and Senator Sheldon Whitehouse, and co-signed by Senators Barbara Boxer, Ed Markey, Dick Durbin, Jeff Merkley, and Elizabeth Warren; and Representatives John Conyers, Jr., Barbara Lee, Raúl M. Grijalva, Rush Holt, Louise M. Slaughter, Jerrold Nadler, Judy Chu, Peter DeFazio, Anna G. Eshoo, Sam Farr, Peter Welch, Alan Lowenthal, Mark Pocan, and Steve Cohen.
What is at issue in the Keystone XL and Alberta tar sands matter is governmental policies that will determine whether the tar-sands oil will undercut the production-costs of normal oil. Right now, normal oil costs far less to mine, process, and get to market (because tar sands oil is so dirty and so land-locked). However, if the Kochs win, then the existing governmental policies will change in ways that will eliminate this cost-advantage of normal oil. The result of that would be increased sales and and burning of the tar-sands oil, and thus reduced sales and burning of cleaner oil. That would throw into the atmosphere "more than $70 billion in additional damages associated with climate change over 50 years." However, that added $70 billion would be the added harms to the entire world, not to the owners of the tar sands.
The benefits to Koch Industries, from this competitive re-allignment in favor of tar-sands oil, have been estimated to be around $100 billion. This would add about $45 billion to the net worth of David Koch, $45 billion to the net worth of Charles Koch, and $15 billion to the net worth of Elaine Marshall. (David and Charles would then become the two wealthiest individuals in the world.)
President Obama holds the sole authority to approve or disapprove this project, because it crosses the international border, but he has delayed this decision for years, because he doesn't want to enrage the environmental community, and also because his tipping his hand in that way would be almost entirely a waste if he cannot first get Europe to weaken their environmental standards so as to allow this oil to compete in Europe with normal oil as if it weren't far more damaging to the climate than normal oil is -- just ignore that harm being added to the entire planet.
Thus, Senator Warren has now joined with the progressives on two big issues that arouse intense opposition to her from the aristocrats who finance most political campaigns: She opposes the taxpayer-handouts to Wall Street, and she now also opposes the entire planet's, basically, environmental handouts, to the owners of the most-harmfully polluting corporations, such as Koch Industries. (The other owners of tar-sands oil are Conoco-Phillips, Exxon-Mobil, and Chevron-Texaco.)
This could be a turning-point in Warren's political career. She's no longer at war against only the financial industry corruption that dominates the conservative, Clinton and Obama, establishment within the Democratic Party (and all of the Republican Party), but she is also at war against their environmental corruption. For yet another example of that corruption: On 2 October 2013, Joe Romm at Think Progress headlined "More Bad News For Fracking: IPCC Warns Methane Traps Much More Heat," and he reported that, "The Intergovernmental Panel on Climate Change (IPCC) reports that methane ... is far more potent a greenhouse gas" than previously known, so bad it "would gut the climate benefits of switching from coal." And then, just five days after that, Jon Campbell in upstate New York headlined "In Oneida County, Hillary Clinton Touts U.S. Oil-and-Gas Production,"and he reported that at Hamilton College, Hillary Clinton praised fracking for methane, by saying, "What that means for viable manufacturing and industrialization in this country is enormous." However, if Warren won't be able to get either Wall Street or the oil patch to finance her political campaigns, then how can she even possibly rise within the power-structure?
Clinton's extensive Wall Street network is already busy behind the scenes, to discredit if not smear Elizabeth Warren. If Big Oil will now be donating to Wall Street's pro-Hillary campaign against Warren, then Warren will be lucky even to keep her Senate seat.
There is precedent for such a backstage effort to tear down a Democrat who poses a potential threat to Hillary Clinton's political ambitions. As Britain's Telegraph reported on 27 April 2011, "Birther Row Began with Hillary Clinton," but Clinton herself stayed above that fray, and she only tacitly encouraged this campaign to tear down her primary opponent. However, when Republicans started to attack Barack Obama for attending Rev. Jeremiah Wright's congregation, Clinton immediately told the Republican Richard Mellon-Scaife's Pittsburgh Tribune-Review"You don't choose your family, but you choose what church you want to attend."
Character assassination does lasting political harm, and it works best against candidates whose policy-prescriptions are the hardest to attack; and every major politician knows that this is so.