Articles by Frank O'Donnell

NYC comptroller urges scrutiny of tax-free bonds for coal-fired power plants

It hasn't made big news yet outside of specialty publications such as Bond Buyer.

But a call this week by New York City Comptroller William C. Thompson could cast a new cloud over a half-dozen or more planned new coal-fired electric power plants.

Thompson called on the U.S. Treasury Department to investigate the practice of using tax-free bonds to finance new coal plants.

In the letter, online at www.comptroller.nyc.gov, Thompson pointed to recent research which found that coal plants were poor candidates for federal financing and problematic for investors.

There are at least a half-dozen planned new power plants that would rely on tax-exempt bonds.

The Treasury Department has announced it would take a hard look at use of such bonds for sports arenas. You'd think they ought to take an even harder look at old-fashioned coal plants.

Waxman discloses evidence that White House influenced EPA California waiver

It's been a matter of extreme controversy since last December, when EPA -- confronted with an impending front-page Washington Post exclusive -- suddenly announced it was denying California's request to enforce its greenhouse gas standards for motor vehicles.

After months of dogged investigation, California Rep. Henry Waxman disclosed today that he had evidence that the White House tampered with the decision. The issue is certain to come up tomorrow as EPA Admistrator Steve Johnson appears before Waxman's panel.

Waxman's House Committee on Oversight and Government Reform released the results of its investigation (PDF) today, including private depositions with key EPA staffers.

Highlights from the American Lung Association’s annual ‘State of the Air’ report

It's become an annual spring ritual, but the American Lung Association's "State of the Air" report -- essentially a report card on the country's air -- contains some valuable lessons.

First is that we have seen progress in dealing with widespread air pollutants such as ozone, or smog, and fine particle soot. States with the most aggressive cleanup approaches, such as California, have seen the most improvement.

But second, and equally important, we still have a major public health problem from air pollution. This is important since virtually all public attention regarding smokestacks and tailpipes concerns global warming. The ALA found that about two in five Americans live in areas afflicted by dirty air. (That number will increase under the new EPA ozone standard.)

Governors rally against dirty Bush car plan

Nothing brings together diverse groups like a common threat. And governors in environmentally progressive states are getting used to banding together against the Bush administration.

Now they've done it again, to protest the "cynical" effort by the Bush Department of Transportation to take away the right of California to set tougher greenhouse gas standards for cars (and the right of other states to adopt the California standards).

The latest assault on states' rights came in the fine print of a proposal this week by the DOT to put into place tougher CAFE standards required by last year's energy act. On page 387 of that proposal, DOT slipped in the killer language: "any state regulation regulating tailpipe carbon dioxide emissions from automobiles is expressly pre-empted."