Women spoke out in support of Finland’s Prime Minister Sanna Marin after she received backlash for posing topless in a blazer

Women spoke out in support of Finland’s Prime Minister Sanna Marin after she received backlash for posing topless in a blazer

Yelena Dzhanova                          October 17, 2020
sanna marin
Sanna Marin. Photo by Nicolas Economou/NurPhoto via Getty Images 
  • Women all over the world are standing in solidarity with Finland’s Prime Minister Sanna Marin after she received backlash for posing topless in a blazer for a magazine cover.
  • Social media users called the backlash sexist and pointed to examples of other world leaders who have posed topless without repercussion, like Russian President Vladimir Putin.
  • The hashtag #ImWithSanna has gained popularity and gone viral across Instagram and Twitter, with women posting photos of themselves wearing a blazer with nothing underneath in support of Marin.

Scores of women expressed support for Finland’s Prime Minister Sanna Marin, who was photographed on a magazine cover wearing a blazer without a top underneath.

Marin received backlash after posing for the magazine cover, CNN reported. In response, social media users rallied with supportive posts under the hashtag #ImWithSanna, sharing photos of themselves also wearing a blazer with nothing underneath.

“If you had to generalize it, it will be men saying it was wrong, and women saying it was fabulous,” said Mari Paalosalo-Jussinmäki, director of women’s media at A-lehdet magazine group. A-lehdet publishes Trendi, the magazine in which Marin appeared earlier this month.

“It was a little bit surprising,” Paalosalo-Jussinmäki told CNN.

“We’ve had that sort of photo before, obviously, in a woman’s glossy fashion magazine,” she told the outlet. “We have portrayed women in blazers with nothing underneath for years and years, with famous people, and they had never created any response like this.”

The article accompanying the cover story featured Marin addressing work-life balance and how the lawmaker copes with exhaustion.

Social media users called the backlash sexist and pointed to examples of other world leaders who have posed topless without repercussions. Russian President Vladimir Putin, for example, often poses for photographs topless, as did former Australian Prime Minister Tony Abbott. Neither received similar backlash, as some social media users pointed out.

“I think it speaks of women being tired and fed up with being restricted and told how to act and look and behave, and being judged by their looks — if you’re young and beautiful, then you can’t be taken seriously,” Paalosalo-Jussinmäki told CNN.

At 34, Marin is the youngest prime minister in the world. Earlier this year, a whopping 85% of Finns said they approved of her leadership and handling of the pandemic.

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Women globally spend more time on average focusing on household responsibilities than men, according to the Institute for Gender and the Economy (GATE) at the Rotman School of Management. Around the world, “women still do 50% more unpaid work at home than men,” according to GATE. Women overall also are reporting lower satisfaction levels with work-life balance than men.

The pandemic has likely exacerbated these feelings, said Liz Elting, founder and CEO of the Elizabeth Elting Foundation, in an interview with Business Insider.

Women who work from home “have kids to take care of with quarantining and home-schooling going on, and the work is basically falling on women,” Elting said. “So it’s a very difficult time for women, whether they do need to go out and risk their lives to take care of their families or if they’re at home earning a living and trying to take care of their family.”

Miami grapples with how to save treasured bay from rising seas and pollution

Good Morning America

Miami grapples with how to save treasured bay from rising seas and pollution

An unprecedented fish kill in Miami’s Biscayne Bay this summer has brought a new push to address issues caused by sea level rise and pollution.

Sea-level rise in Miami and southeast Florida is not a new problem. The water in the area has risen 5 inches since 1993, and a new $400 million pump system is what is keeping a large part of the city dry.

The Miami-Dade County Water and Sewer Department is already planning for a worst-case scenario when it comes to sea-level rise.

“If you look from now till 2040 — so 20-year horizon — we’re planning on worst case about 11 inches of sea level rise, which if you live in South Florida that’s a very frightening thing in your coastal community,” Kevin Lynskey, the department’s director, told ABC News.

PHOTO: 'It's not too late' climate segment with Ginger Zee (ABC News)
‘It’s not too late’ climate segment with Ginger Zee (ABC News)

Biscayne Bay is described as a turquoise paradise that laps at the coast of southeast Florida and kisses the barrier island of Miami Beach. It includes a national park and aquatic preserve to protect wildlife in the area.

Rachel Silverstein, executive director of the advocacy group Miami Waterkeeper, called it one of the jewels of the state.

“Biscayne Bay generates billions of dollars annually for our regional economy,” she said.

But the bay is dying.

PHOTO: In this Aug. 12, 2020, file photo, a dead fish floats on the surface of the water in Downtown Miami on Biscayne Bay. (Daniel A. Varela/Miami Herald via AP, FILE)
In this Aug. 12, 2020, file photo, a dead fish floats on the surface of the water in Downtown Miami on Biscayne Bay. (Daniel A. Varela/Miami Herald via AP, FILE)

Canals are carrying trash, fertilizer runoff and contamination from failing septic tanks into the bay.

Over the summer, all the chemicals running into the bay — combined with record heat levels — starved the oxygen out of the water, killing thousands of fish.

“These suffocation events, and this is something that just happened recently in Biscayne Bay, just in early August … is a well-documented pattern of how water bodies essentially die, all around Florida and all around the world, so there’s a very tight connection between nutrient pollution and bacteria levels and these kinds of fish kills,” Silverstein said.

Louis Aguirre, a reporter from Miami ABC affiliate WPLG, recently produced a special about the challenges facing Biscayne Bay.

“We have over 100,000 septic tanks in Miami-Dade County — still to this day. And we need to transition those septic tanks and connectors to our sewer system, which is also aging, ASAP because those septics are just spewing wastewater into our groundwater. You know Miami-Dade only stays 6 feet above sea level, so whatever goes through our groundwater goes into our bay, and that’s pretty disgusting,” he told ABC News.

In a typical septic system, waste from the house enters the tank, the solid waste settles to the bottom and the water goes to the drain field to be clarified. But when sea levels rise it interferes with that process, and the drain field mixes with groundwater and the septic tank fails.

That means waste from a toilet can go directly into the groundwater.

The Miami Dade Water and Sewer Department tells ABC News they have identified 10,000 tanks today that are not high enough anymore, and in 20 years, that number will reach 50,000.

Lynskey explained they are not just focused on septic, they’re also concerned about the canal systems keeping South Florida from turning back into a swamp. As sea levels rise, the canals pick up more trash, nitrogen and phosphorus from fertilizer used on farms and lawns and carries it right into Biscayne Bay.

PHOTO: In this Aug. 12, 2020, file photo, trash and dead fish float on the surface of the water in Downtown Miami, on Biscayne Bay. (Daniel A. Varela/Miami Herald via AP, FILE)
PHOTO: In this Aug. 12, 2020, file photo, trash and dead fish float on the surface of the water in Downtown Miami, on Biscayne Bay. (Daniel A. Varela/Miami Herald via AP, FILE)

But there is cause for hope.

Tampa Bay faced a similar challenge in the 1970s when the water was so covered in algae the seagrass died and fish and wildlife was driven out. After decades of effort to prevent polluted water from entering the bay, the seagrass has returned to nearly the same level as 1950, an area the size of Manhattan.

But Miami Waterkeeper said the city needs big changes in its sewage infrastructure to prevent more fish kills and preserve the bay.

“So we urgently need to be doing these investments and taking these opportunities we have to retrofit how our city is built and how it functions to be ready for sea-level rise,” Silverstein told ABC News.

The city of Miami agrees the problem is serious, but Lynskey said local leaders haven’t agreed on a path forward. The department is in the process of raising key infrastructure as high as 20 feet above sea level to reduce risk.

“Nobody’s come up with a magic bullet, we’ve already built billions of dollars of buildings and infrastructure. How do we make those survive? We’re still very much grappling with all that,” Lynskey said.

He said that as the sea level continues to rise tough decisions may have to be made from expensive septic tank replacements to decisions on whether to relocate.

“I think over the next 15 years, people are going to have to make some fundamental decisions on whether we’re going to try to keep every inch of land that humans live on, or are there some properties east of the ridge, where ultimately we retreat from and politically, I don’t think we’re there yet, but behind the scenes you can hear the conversations,” Lynskey told ABC News.

Largest wildfire Colorado has ever seen burning now near Fort Collins

Largest wildfire Colorado has ever seen burning now near Fort Collins

Phil Helsel, NBC News              October 15, 2020

A Colorado wildfire, fueled by high winds, grew by more than 22,000 acres Wednesday to become the largest in state history.

The Cameron Peak Fire burning in the mountains west of Fort Collins had grown to 158,300 acres by Wednesday evening, making it the largest wildfire in state history, according to The Denver Post newspaper, which has compiled wildfire information.

No injuries or deaths have been linked to the record-setting blaze, which is 56 percent contained.

The fire was fueled by high winds that began Tuesday night and into Wednesday, with sustained winds of around 30 mph and gusts of around 60 mph, incident meteorologist Aviva Braun said. While it will be breezy the rest of the week, high gusts are not expected.

“The conditions will remain challenging, just not nearly as serious as they were today,” she said in a community meeting update that was broadcast online.

Some mandatory evacuations have been ordered, and mandatory evacuation zones for the first time extended to the foothills just west of Fort Collins, but the city was not considered at-risk, The Associated Press reported.

Image: (Bethany Baker / Fort Collins Coloradoan via AP)
Image: (Bethany Baker / Fort Collins Coloradoan via AP)

Larimer County Sheriff Justin Smith said that he understands the difficulties of people being forced to leave their homes.

“We hate to do that to you, however, there’s nothing worse than the concern of losing life,” Smith said. “And the way these winds were changing today — the ability of this thing to go any direction — that’s what was tough.”

Smith said some structures were destroyed by fire Wednesday, but officials won’t know what those were for some time because the area remains dangerous with downed power lines and trees. Officials will be working to assess and count the number of lost structures as soon as they are able.

The new size of the fire puts it ahead of the second-largest wildfire in state history, which also broke out this year, the Pine Gulch Fire. That fire burned 139,007 acres and was 100 percent contained in September.

The Pine Gulch Fire, sparked by a lightning strike around 18 miles north of Grand Junction in July, became what was then the largest fire in state history when in August it surpassed the 2002 Hayman Fire, fire officials said.

The Cameron Peak Fire started Aug. 13 in the Arapaho and Roosevelt National Forests, according to fire officials. A cause is under investigation.

It has been an explosive wildfire season in the western U.S.

California has seen more than 4.1 million acres burned — with 13 major wildfires across the state still burning Wednesday — and more than 9,000 homes and other structures destroyed, the California Department of Forestry and Fire Protection said.

Thirty-one people in California have died.

Oregon also experienced a wildfire crisis that forced thousands to flee their homes.

Nine people have died in the fires in that state, more than 4,000 homes have been destroyed, and around 1.2 million acres had burned as of Wednesday, according to the state office of emergency management. Seven active fires were still burning in Oregon.

Miami grapples with how to save treasured bay from rising seas and pollution

Miami grapples with how to save treasured bay from rising seas and pollution

STEPHANIE EBBS, JON SCHLOSBERG, GINGER ZEE and LINDSEY GRISWOLD                       

An unprecedented fish kill in Miami’s Biscayne Bay this summer has brought a new push to address issues caused by sea level rise and pollution.

Sea-level rise in Miami and southeast Florida is not a new problem. The water in the area has risen 5 inches since 1993, and a new $400 million pump system is what is keeping a large part of the city dry.

The Miami-Dade County Water and Sewer Department is already planning for a worst-case scenario when it comes to sea-level rise.

“If you look from now till 2040 — so 20-year horizon — we’re planning on worst case about 11 inches of sea level rise, which if you live in South Florida that’s a very frightening thing in your coastal community,” Kevin Lynskey, the department’s director, told ABC News.

PHOTO: 'It's not too late' climate segment with Ginger Zee (ABC News)
PHOTO: ‘It’s not too late’ climate segment with Ginger Zee (ABC News)

Biscayne Bay is described as a turquoise paradise that laps at the coast of southeast Florida and kisses the barrier island of Miami Beach. It includes a national park and aquatic preserve to protect wildlife in the area.

Rachel Silverstein, executive director of the advocacy group Miami Waterkeeper, called it one of the jewels of the state.

“Biscayne Bay generates billions of dollars annually for our regional economy,” she said.

But the bay is dying.

PHOTO: In this Aug. 12, 2020, file photo, a dead fish floats on the surface of the water in Downtown Miami on Biscayne Bay. (Daniel A. Varela/Miami Herald via AP, FILE)
PHOTO: In this Aug. 12, 2020, file photo, a dead fish floats on the surface of the water in Downtown Miami on Biscayne Bay. (Daniel A. Varela/Miami Herald via AP, FILE)

 

Canals are carrying trash, fertilizer runoff and contamination from failing septic tanks into the bay.

Over the summer, all the chemicals running into the bay — combined with record heat levels — starved the oxygen out of the water, killing thousands of fish.

“These suffocation events, and this is something that just happened recently in Biscayne Bay, just in early August … is a well-documented pattern of how water bodies essentially die, all around Florida and all around the world, so there’s a very tight connection between nutrient pollution and bacteria levels and these kinds of fish kills,” Silverstein said.

Louis Aguirre, a reporter from Miami ABC affiliate WPLG, recently produced a special about the challenges facing Biscayne Bay.

“We have over 100,000 septic tanks in Miami-Dade County — still to this day. And we need to transition those septic tanks and connectors to our sewer system, which is also aging, ASAP because those septics are just spewing wastewater into our groundwater. You know Miami-Dade only stays 6 feet above sea level, so whatever goes through our groundwater goes into our bay, and that’s pretty disgusting,” he told ABC News.

In a typical septic system, waste from the house enters the tank, the solid waste settles to the bottom and the water goes to the drain field to be clarified. But when sea levels rise it interferes with that process, and the drain field mixes with groundwater and the septic tank fails.

That means waste from a toilet can go directly into the groundwater.

The Miami Dade Water and Sewer Department tells ABC News they have identified 10,000 tanks today that are not high enough anymore, and in 20 years, that number will reach 50,000.

Lynskey explained they are not just focused on septic, they’re also concerned about the canal systems keeping South Florida from turning back into a swamp. As sea levels rise, the canals pick up more trash, nitrogen and phosphorus from fertilizer used on farms and lawns and carries it right into Biscayne Bay.

PHOTO: In this Aug. 12, 2020, file photo, trash and dead fish float on the surface of the water in Downtown Miami, on Biscayne Bay. (Daniel A. Varela/Miami Herald via AP, FILE)
PHOTO: In this Aug. 12, 2020, file photo, trash and dead fish float on the surface of the water in Downtown Miami, on Biscayne Bay. (Daniel A. Varela/Miami Herald via AP, FILE)

 

But there is cause for hope.

Tampa Bay faced a similar challenge in the 1970s when the water was so covered in algae the seagrass died and fish and wildlife was driven out. After decades of effort to prevent polluted water from entering the bay, the seagrass has returned to nearly the same level as 1950, an area the size of Manhattan.

But Miami Waterkeeper said the city needs big changes in its sewage infrastructure to prevent more fish kills and preserve the bay.

“So we urgently need to be doing these investments and taking these opportunities we have to retrofit how our city is built and how it functions to be ready for sea-level rise,” Silverstein told ABC News.

The city of Miami agrees the problem is serious, but Lynskey said local leaders haven’t agreed on a path forward. The department is in the process of raising key infrastructure as high as 20 feet above sea level to reduce risk.

“Nobody’s come up with a magic bullet, we’ve already built billions of dollars of buildings and infrastructure. How do we make those survive? We’re still very much grappling with all that,” Lynskey said.

He said that as the sea level continues to rise tough decisions may have to be made from expensive septic tank replacements to decisions on whether to relocate.

“I think over the next 15 years, people are going to have to make some fundamental decisions on whether we’re going to try to keep every inch of land that humans live on, or are there some properties east of the ridge, where ultimately we retreat from and politically, I don’t think we’re there yet, but behind the scenes you can hear the conversations,” Lynskey told ABC News.

Trump Funnels Record Subsidies to Farmers Before Election Day

The New York Times

Trump Funnels Record Subsidies to Farmers Before Election Day

Alan Rappeport                             October 13, 2020

WASHINGTON — For the American farmers President Donald Trump counts on for support, the government money is flowing faster than ever.

Federal payments to farmers are projected to hit a record $46 billion this year as the White House funnels money to Trump’s rural base in the South and Midwest before Election Day.

The gush of funds has accelerated in recent weeks as the president looks to help his core supporters who have been hit hard by the double whammy of his combative trade practices and the coronavirus pandemic. According to the American Farm Bureau, debt in the farm sector is projected to increase by 4% to a record $434 billion this year and farm bankruptcies have continued to rise across the country.

Farmers are not the only constituency benefiting from the president’s largesse: He has promised $200 prescription drug cards to millions of seniors, approved $13 billion in aid to Puerto Rico, which could help his prospects in Florida, and he directed the Agriculture Department to include letters signed by him in millions of food aid boxes that are being distributed to the poor.

But few have gotten more help than the agriculture sector, which this year is expected to receive the largest government contribution to farm income since its previous record in 2005, according to the University of Missouri’s Food and Agricultural Policy Research Institute. The breadth of the payments means that government support will account for about 40% of total farm income this year. If not for those subsidies, U.S. farm income would be poised to decline in 2020.

“There are both economic and political motivations for these payments,” said Patrick Westhoff, who directs University of Missouri’s agriculture research center.

Last week, the Office of Special Counsel determined that Trump’s Agriculture secretary, Sonny Perdue, had improperly used his position to push the president’s reelection by promising more help for farmers. At an August event in North Carolina, Perdue violated ethics laws when he promoted Trump’s reelection during remarks about the Farmers to Families Food Box Program, saying: “That’s what’s going to continue to happen — four more years — if America gets out and votes for this man, Donald J. Trump.”

cattle near green trees during daytime

Perdue has been ordered to reimburse the government for the costs associated with his attendance at the event. In its response to the Office of Special Counsel, the Agriculture Department said that Perdue did not “encourage attendees to vote for a candidate or party or advocate for a partisan political group.”

More money for farmers will soon be on the way. Congress recently agreed to replenish an Agriculture Department fund that Trump has used to disburse nearly $30 billion to farmers at his discretion with tens of billions of additional dollars. The Trump administration negotiated with Democrats to ensure the money was included in a short-term bill to fund the federal government, with the White House agreeing to more funds for child nutritional assistance in exchange.

Farmers have been clobbered financially during the past two years, as Trump’s trade wars with China and Europe led to tariffs on U.S. agricultural exports, including corn, soybeans, lobsters and peanuts. Then, this year, the pandemic interfered with global supply chains, and restaurant and hotel closures sapped demand. Farmers were forced to dump milk into manure pits and destroy millions of pounds of beans and cabbage.

“Nearly every major sector of the farm economy will have lower cash receipts this year compared to last year, and total cash receipts will be the lowest since 2010,” John Newton, the American Farm Bureau’s chief economist, wrote in a report on the state of the industry last month.

The desire to help struggling farmers is bipartisan, but Democrats and critics of the aid programs have argued that the money has been paid out unevenly by the Trump administration and with the intent of currying favor with a politically important constituency in swing states.

“For the first time in history, a president has repeatedly usurped congressional authority in order to personally dispense tens of billions of dollars in federal farm subsidy payments that would not otherwise have been paid,” said Ken Cook, president of Environmental Working Group, an advocacy organization that has been tracking the agriculture payments. “This is an authoritarian power grab used to buy political support from voters who are essential to his reelection.”

road between trees during daytime

The president has only reinforced those concerns. At a September campaign rally in Wisconsin, a big farm state, Trump announced that an additional $13 billion in aid would soon be paid out through the Commodity Credit Corp., a pot of money that the Trump administration had used to provide financial help to farmers suffering from retaliatory tariffs placed on U.S. products.

“I’m proud to announce that I’m doing even more to support Wisconsin farmers,” Trump said, adding that some of that money would go to dairy, cranberry and ginseng farmers in the state that have been hurt by the coronavirus pandemic.

Not all farmers received special payouts during the past three years, but the Trump administration has recently moved to ensure that those in critical states do not miss out.

That includes the tobacco industry, which was prohibited from receiving any of the trade assistance because of legal restrictions against subsidizing the sector. In September, the Agriculture Department quietly shifted some of the funds that were allocated to its Commodity Credit Corp. fund — which legally cannot subsidize tobacco — into a separate account that can bankroll the crop. Tobacco farmers will receive up to $100 million in payments, easing some of the financial pain that has as been felt particularly hard in the battleground state of North Carolina.

The administration’s efforts have not erased the economic malaise and frustration among U.S. farmers, who have seen sales fall and bankruptcies rise. The overall payouts have been large, but they have not always gone to the farmers who need them most. Critics, including Democrat and Republican lawmakers, have argued that small farmers have missed out on the bulk of the bailout, while large and some foreign-owned farms have benefited.

red tractor in front of brown wooden house

A Government Accountability Office report in September added to suspicions among Democrats that $14.5 billion of farm aid from 2019 was being allocated with politics in mind. The report found that the bulk of the money went to big farms in the Midwest and southern states, including Perdue’s home state of Georgia.

“I do not believe that this president has been a true friend to farmers,” said Sen. Debbie Stabenow of Michigan, the top Democrat on the Senate’s agriculture committee, who accused Trump of “subverting the law” in the way he had doled out farm aid.

In a statement, Perdue denied that the money was being deployed for political purposes.

“President Trump is once again demonstrating his commitment to ensure America’s farmers and ranchers remain in business to produce the food, fuel, and fiber America needs to thrive,” he said.

Trump appears to have kept much of his farm support intact. A September poll from DTN/Progressive Farmer/Zogby Analytics found that 53% of rural adults approved of his handling of the job, about 10 percentage points higher than his national approval rating.

It is not clear if that will be enough, however, given some bailout recipients remain unhappy with Trump’s trade policies.

Graham Boyd, the executive vice president of the Tobacco Growers Association of North Carolina, secured subsidies for his crops came after his group and lobbyists from other tobacco growing states demonstrated to the Agriculture Department that farmers were losing hundreds of millions of dollars per year in lost exports to China. North Carolina is America’s largest tobacco growing state and China was its biggest customer, but since 2018 Beijing has not bought U.S. tobacco.

“I think all of agriculture, and tobacco, are frustrated with the ongoing trade dispute,” Boyd said in an interview. “It’s not resolved.”

While the new subsidies will be welcome, Boyd noted that they would only amount to $10,000 to $20,000 per tobacco farmer.

“One hundred percent of these dollars will go to service debt,” he said.

To some small farmers, hearing about the big government subsidies without seeing meaningful payments firsthand only makes matters worse.

Joel Greeno, a Wisconsin farmer who switched from dairy to raising cattle, said that despite the big headline aid numbers it was a myth that the Trump administration had really helped small farms stay afloat. He said that most of it is going to rich landowners and corporate agriculture companies.

“Even though society believes that these programs that help farmers, the money very rarely gets to farmers,” said Greeno, who is also president of the Family Farm Defenders organization. “Rural America is not seeing that money because it’s not getting here.”

Two key states have done nothing yet to prevent delays in announcing results in the presidential election

Yahoo – News

Two key states have done nothing yet to prevent delays in announcing results in the presidential election

Jon Ward, Senior Political Correspondent         October 15, 2020

 

Despite pleas from election officials and experts, state leaders in Wisconsin and Pennsylvania have so far failed to take action to avert looming delays in the counting of mail-in ballots that could decide who wins the November presidential election.

The inaction by officials in both states is shocking to many who are concerned about the potential for social unrest if there is a delay in declaring a presidential winner.

“I’m actually a little dumbfounded,” Reid Ribble, a Republican former congressman who represented Green Bay from 2011 to 2017, told Yahoo News.

In both battleground states, action by the state Legislature is needed to speed up the counting of mail-in ballots. Wisconsin and Pennsylvania are among only a handful of states, including Mississippi and Alabama, that require election clerks to wait until Election Day to start opening mail ballots to count them.

In a close election, the national result is likely to hinge on the outcome in Wisconsin and Pennsylvania, just like it did in 2016.

State and county elections officials have pleaded the legislatures in both states to allow clerks to start opening mail ballots as they arrive, or at least a few days before Election Day, so they can either count them or prepare them to be counted by comparing signatures on the ballot against signatures on file, a key measure for ensuring election accuracy and integrity.

Reid Ribble
Former Rep. Reid Ribble, R-Wis. (Bill Clark/CQ Roll Call via Getty Images)

 

Sen. Ron Johnson, Wisconsin’s Republican senator, said in late September that the Legislature “should change the law so the ballots can be counted well before Election Day, so that Wisconsin results are known by 9, 10, 11 o’clock on Election Day, so Wisconsin isn’t part of the problem.”

Republican and Democratic county clerks in Wisconsin have made the same request, Scott McDonell, Dane County Clerk, said in an e-mail. There were bipartisan sponsors for a bill in the state senate to allow clerks to start counting mail ballots the day before Election Day, but it failed to pass this last April.

“They ought to be counting ballots as they come in now,” Ribble said. “I don’t understand why they haven’t.”

“Pennsylvania’s secretary of state wants the Legislature to allow ballot verification to begin earlier. That would be wise,” Karl Rove, a former adviser to President George W. Bush, wrote in September.

But Republican leaders in both states — who control both state legislatures — have resisted the move to give clerks more time to count mail-in ballots. In Wisconsin, Republican leaders have been completely unresponsive to this issue.

In Pennsylvania, Republicans have proposed giving clerks three days before Election Day, but that offer was paired with other measures that are poison pills to Democrats, like the elimination of drop boxes, which the state Supreme Court has already ruled against. So far, no compromise measure has yet been put forward.

People wait in line to cast their vote
People wait in line to cast their vote during early voting in Philadelphia last week. (Gabriella Audi/AFP via Getty Images)

 

If there is no resolution put forth to fix the issue in either state, this could well result in a delay in the results in the presidential race that could last well beyond Election Day.

“Our local clerks need extra time to process these ballots if we are to have any hope of reporting results within 24 hours of poll closing at 8 p.m. on Tuesday, November 3rd,” wrote a group of Democrats in the state Legislature, in a letter sent Tuesday to the Republican legislative leaders, Senate Majority Leader Scott Fitzgerald and Assembly Speaker Robin Vos.

“Election integrity is of utmost concern for voters in Wisconsin, and the longer the count takes, the more potential for mistrust in results to be fomented by those who mean harm to our democracy,” the letter said.

Wisconsin Gov. Tony Evers, a Democrat, has been quiet on this issue.

In Pennsylvania, Gov. Tom Wolf, also a Democrat, has urged the Legislature in his state to solve this problem. And talks are ongoing, a spokeswoman for state Senate Majority Leader Jake Corman, a Republican, told Yahoo News. But a Democratic source in the state with knowledge of negotiations told Yahoo News that Republicans have been uncooperative with Wolf.

There are two plausible scenarios for what happens on election night based on current polling, and only one of them involves a clear winner.

Joe Biden
Joe Biden campaigning in Cincinnati. (Chip Somodevilla/Getty Images)

 

If Joe Biden wins Florida, Ohio, North Carolina and Arizona, then it will signal a landslide victory for the Democrat and the race could be called that evening.

But if Trump takes those three states, it will shift attention to the same three battlegrounds that decided the 2016 election: Michigan, Wisconsin and Pennsylvania.

Trump would need to win just one of those three to get to 270 Electoral College votes. Biden would need to hold all three if he had not won any of those other swing states, assuming he also holds Nevada and Minnesota in his column.

Under that scenario, the nation will be looking at the results in these three Rust Belt states to decide the winner, and — if nothing changes in the state legislatures — they will be scrambling to count mail ballots that they weren’t allowed to open until Election Day.

8 Million Have Slipped Into Poverty Since May as Federal Aid Has Dried Up

The New York Times

8 Million Have Slipped Into Poverty Since May as Federal Aid Has Dried Up

Jason DeParle, The New York Times               October 15, 2020
The U.S. Capitol in Washington, March 20, 2020. (Erin Scott/The New York Times)
The U.S. Capitol in Washington, March 20, 2020. (Erin Scott/The New York Times)

 

WASHINGTON — After an ambitious expansion of the safety net in the spring saved millions of people from poverty, the aid is now largely exhausted and poverty has returned to levels higher than before the coronavirus crisis, two new studies have found.

The number of poor people has grown by 8 million since May, according to researchers at Columbia University, after falling by 4 million at the pandemic’s start as a result of an $2 trillion emergency package known as the Cares Act.

Using a different definition of poverty, researchers from the University of Chicago and Notre Dame found that poverty has grown by 6 million people in the past three months, with circumstances worsening most for Black people and children.

Significantly, the studies differ on the most recent month: While the Columbia model shows an improvement in September, the Chicago and Notre Dame analysts found poverty continued to grow.

“These numbers are very concerning,” said Bruce D. Meyer, an economist at the University of Chicago and an author of the study. “They tell us people are having a lot more trouble paying their bills, paying their rent, putting food on the table.”

The recent rise in poverty has occurred despite an improving job market, an indiction that the economy has been rebounding too slowly to offset the lost benefits. The Democratic House has twice passed multitrillion-dollar packages to provide more help and to stimulate the economy, but members of a divided Republican Senate, questioning the cost and necessity, have proposed smaller plans. President Donald Trump has alternately demanded that Congress “go big” before the elections and canceled negotiations.

The Cares Act included one-time payments for most households — $1,200 per adult and $500 per child — and a huge expansion of unemployment insurance.

That expansion at least doubled the share of jobless workers who receive checks, the researchers estimated, by including gig workers and the self-employed through December. In addition, it added $600 to weekly aid through July — nearly tripling the average benefit. For about two-thirds of the beneficiaries, the bolstered checks more than replaced their lost wages.

At its peak in May, the aid kept more than 18 million people from poverty, the Columbia researchers found. But by September, that number had fallen to about 4 million.

“The Cares Act was unusually successful, but now it’s gone, and a lot more people are poor,” said Zachary Parolin, an author of the Columbia analysis.

Among those experiencing new hardships is Kristin Jeffcoat, 24, who is raising three children in Camptonville, California, a hamlet about 80 miles north of Sacramento. When schools closed last spring, Jeffcoat, an Instacart shopper, stayed home to watch them. Then her husband got laid off from landscaping work.

The expanded safety net initially caught them: Together, they received more than $1,500 a week in jobless benefits, which exceeded their lost wages. They also received a $3,900 stimulus check, which they used to prepay three months of rent. But since the unemployment bonus ended in July, their cash income has fallen nearly 80%.

Now living on $350 a week plus food stamps, Jeffcoat and her husband have gone without electricity because they cannot afford generator fuel (their house is off the power grid) and have spent weeks without propane for cooking and hot showers. “We stick with cold meals — cereals,” she said.

To feed the children, Jeffcoat said she sometimes skips meals, especially at the end of the month when the food stamps have run out. Her husband sold his tools to buy diapers, and Jeffcoat tried to sell her eggs to a fertility clinic, but she did not medically qualify. Worse than the physical hardships is the worry.

“I’ve definitely found myself feeling a little more anxious — snappier with the children,” Jeffcoat said.

Income volatility is especially hard on low-income families, who lack the savings or credit to keep essential bills paid. It acts as a kind of invisible tax, measured in units as varied as late fees, toxic stress and worse school outcomes for children. “The lack of predictability has all kinds of negative consequences,” said Bradley L. Hardy, an economist at American University, who notes the recent benefit fluctuations amplify the economic gyrations.

The aid expansion did not reach everyone. About a third of the unemployed still do not receive unemployment checks, the Columbia analysts estimated. Some jobless people are unaware they can apply, and many encounter red tape. Undocumented workers are disqualified from unemployment aid, and no one in their households can get stimulus checks, including spouses and millions of American children.

Among individuals eligible for stimulus checks, about 30% failed to receive them, the Columbia researchers estimate. While most families received them automatically, those too poor to have filed tax returns had to apply.

Still, admirers of the Cares Act say its success in reducing poverty, amid an economic collapse, shows the benefits of a strong safety net. “It wasn’t perfect, but hands down it’s the most successful thing we’ve ever done in negating hardship,” said H. Luke Shaefer, a poverty researcher at the University of Michigan.

Members of both research groups said the rising poverty showed a need for a new round of help. “It’s really important that we reinstate some of the lost benefits,” said Meyer, who is also affiliated with the conservative American Enterprise Institute.

His conclusion that poverty is rising may draw special attention because he is a critic of government poverty statistics, saying they exaggerate the number of poor people by failing to fully measure the resources that lower-income households receive.

But some opponents of further assistance argue it has discouraged people from working.

“There’s just lots of opportunity that’s not being accessed — we’ve got to get people back to work,” said Jason Turner, who runs the Secretaries’ Innovation Group, which advises conservative state officials on aid policies. “I’m not as alarmed about poverty as I am about unemployment. Poverty is an arbitrary income threshold, and people who dip below it, they make adjustments. If you’re not working at all, that’s a huge deal. Physical and mental health declines, substance abuse goes up.”

Given the magnitude of the crisis, the increase in poverty since January — about 8% by the Columbia count — was a “modest amount,” Turner said.

By the government’s fullest measure, a family of four in a typical city is considered poor if its annual income falls below $28,170.

The crisis is hitting minorities especially hard, preserving or even deepening the large poverty gaps that predated the pandemic. The analysts at Chicago and Notre Dame (including James X. Sullivan and Jeehoon Han) found poverty among Black people rising at an especially fast pace, at a time of widespread protests over racial inequality.

Black people and Latinos are more than twice as likely as white people to be poor, the new data shows. Both minority groups disproportionately work in industries hard-hit by the recession and may face barriers to aid. Black people disproportionately live in Southern states with low benefits, and some Latinos are disqualified because they lack legal status.

Both studies also found child poverty rising at a rapid rate, with an additional 2.5 million children falling below the poverty line since May. Research shows that even short stays in poverty can cause children lasting harm.

Jenny Santiago, a single mother in Pontiac, Michigan, fears her household’s worsening finances creates new peril for her four children, ages 8 to 13. A driver for takeout services, Santiago quit work when schools closed in March to watch her children. The stimulus check and $600 unemployment bonus provided “a nice chunk” of help, she said, “but it didn’t last forever.”

Now that her income has dwindled, she trims her meals to feed the children, and her landlord is trying to evict her. But she cannot work without child care, and her children feel her anxiety. “It’s scary,” Santiago said. “I’ve got to keep a roof over their head. They know when I’m stressed out.”

Both studies showed poverty started to rise before the unemployment bonus expired in July, suggesting the stimulus checks, which arrived earlier, played an important role.

Optimists might note that the Columbia study showed poverty fell in September. That could be a sign that hardship is easing. But Parolin, the Columbia researcher, said that he “wouldn’t make too much of a one-month trend” when levels remain elevated. And the Chicago-Notre Dame study found poverty in September continued to grow.

Unemployment fell to 7.9% in September, from 14.7% in April. But job growth has slowed in recent months, and the coronavirus is still rapidly spreading, which slows the recovery.

Officially, the government measures poverty on an annual basis and publishes its estimates in arrears — this year’s rate will not be released until next fall. To provide policymakers more timely information, both teams use monthly census data to project more up-to-date trends.

The Chicago-Notre Dame approach counts the most recent 12 months of income, preserving the annualized time frame. The Columbia researchers consider each month’s income separately, which makes it more timely but ignores earlier paychecks and aid. (The researchers include Megan A. Curran, Jordan Matsudaira, Jane Waldfogel and Christopher Wimer.)

Still, the stories they tell are consistent. “The Cares Act was very successful,” Wimer said. “But one of its shortcomings was its temporary nature.”

Republicans want to open pristine Alaska wilderness to logging. It’s a tragedy

Republicans want to open pristine Alaska wilderness to logging. It’s a tragedy

Kim Heacox                        October 25, 2020
<span>Photograph: Design Pics Inc/Alamy</span>
Photograph: Design Pics Inc/Alamy

Forests are the lungs of the Earth.

Around the world, every minute of every day, trees perform magic. They inhale vast amounts of carbon dioxide, a greenhouse gas, and exhale oxygen, the stuff of life. They keep things in balance. And no single forest does this better – contains more living plant life per area, or stores more carbon – than the 17m-acre Tongass national forest in coastal Alaska.

Related: Big oil’s answer to melting Arctic: cooling the ground so it can keep drilling

Take a deep breath. The oxygen you just pulled into your lungs that entered your bloodstream and nourished your mind was once in a tree.

The Amazon of North America, the Tongass is mostly a roadless, wilderness kingdom of mosses, lichens, salmon, deer, bald eagles and bears – all beneath ice-capped mountains, ribboned with blue glaciers, blanketed with green, shaggy stands of Sitka spruce, western red cedar and western hemlock. Trees up to 10 feet in diameter, 200 feet tall, and 800 years old. But while the Amazon is a tropical rainforest, the Tongass, found at the mid-latitudes, is a temperate rainforest, one of the rarest biomes on Earth (found only in coastal Alaska and British Columbia, the Pacific north-west, the southern coast of Chile, and the South Island of New Zealand).

A true old-growth forest, the Tongass represents a council of ancients. Indigenous Tlingit elders say it is rich with answers – even wisdom – if we ask the right questions and show proper restraint.

And what does the Trump administration intend to do with it?

Open it up for business.

Their plan, more than two years in the making and spearheaded by the Alaska senator Lisa Murkowski, secretary of agriculture, Sonny Perdue, and Alaska governor, Mike Dunleavy – all Republicans bereft of a science education and an ecological conscience – is simple and wrongheaded: put the Tongass back to work as a so-called “healthy” forest, according to Mr Perdue. How? By re-introducing large-scale clearcut logging and extensive road building on 9.3m acres. To do this, they must exempt Alaska from the 2001 US Forest Service “Roadless Rule”, an enlightened conservation initiative that applies to 39 states. In short, the Tongass would no longer be protected.

A final decision is likely to be released later this month.

Never mind that 96% of thousands of recent public comments say the Tongass should remain roadless to protect clean water, salmon streams, wildlife habitat and old-growth trees. Never mind as well that logging the Tongass would create few jobs while adding to an already bloated federal deficit.

Logging in Alaska is heavily subsidized.

Back in the 1970s, 80s and 90s, taxpaying Americans anted up an average of $30m a year. One deficit sale offered every 1,000 board feet of timber for less money than the cost of a cheeseburger. All while many of the trees were shipped “in the round” (as whole logs) to Asia to become rayon, cellophane and other throwaway consumer goods. Another sale generated only 2.5 cents on every dollar the Forest Service spent building roads and preparing paperwork.

And today? To build roads in the Tongass would cost taxpayers up to $500,000 a mile.

The wholesale destruction of our imperiled planet’s most life-sustaining forests has to stop

Anthropologist and former Alaska writer laureate Richard Nelson, who lived in Sitka, on the edge of the Tongass, once said he wasn’t bothered when he found a stump in the forest. What broke his heart was when he came upon a “forest of stumps”. Entire mountainsides, valleys and islands shorn of trees.

Yes, parts of the Tongass can be responsibly cut, and are. Many local Alaska economies use second-growth stands to harvest good building materials.

And yes, a ravaged forest will return, but not for a long time. The Alaska department of fish and game estimates that large, industrial-scale Tongass clearcuts need more than 200 years to “acquire the uneven-aged tree structure and understory characteristic of old growth”. That is, to be truly healthy and robust again. This according to scientists, not politicians.

The wholesale destruction of our imperiled planet’s most life-sustaining forests has to stop. How? A good first step: vote for politicians who make decisions based on solid science.

Between 2001 and 2017, 800m acres of tree cover (an area nearly 50 times larger than the Tongass) disappeared worldwide, all while global temperatures climbed, wild birds and mammals perished by the billions, and fires, hurricanes, tornadoes and droughts intensified. And since 2017? Witness Australia and California.

What few large, primal forests remain intact today, such the Tongass, become increasingly valuable for their ability to mitigate climate change. Scientists call this “pro-forestation”: the practice of leaving mature forests intact to reach their full ecological potential. The Tongass alone sequesters 3m tons of C02 annually, the equivalent of removing 650,000 gas-burning cars off the roads of the US every year.

The better we understand science and indigenous wisdom, the better we’ll recognize the living Earth as a great teacher that’s fast becoming our ailing dependent. We each get three minutes without oxygen, and we’re not the only ones. It’s a matter of having a deep and abiding regard for all life.

Call it respect.

“What makes a place special is the way it buries itself inside the heart,” Nelson wrote in his memoir, The Island Within. “[N]ot whether it’s flat or rugged, rich or austere, wet or arid, gentle or harsh, warm or cold, wild or tame. Every place, like every person, is elevated by the love and respect shown toward it, and by the way in which its bounty is received.”

  • Kim Heacox is the author of books including The Only Kayak, a memoir, and Jimmy Bluefeather, the only novel to ever win the National Outdoor Book Award. He lives in Alaska, on the edge of the Tongass

We’re watching Trump’s 7th bankruptcy unfold

We’re watching Trump’s 7th bankruptcy unfold

Rick Newman, Senior Columnist                 

As a businessman, Donald Trump ran 6 businesses that declared bankruptcy because they couldn’t pay their bills. As the president running for a second term, Trump is repeating some of the mistakes he made as a businessman and risking the downfall of yet another venture: his own political operation.

In the 1980’s, Trump was a swashbuckling real-estate investor who bet big on the rise of Atlantic City after New Jersey legalized gambling there. He acquired three casinos that by 1991 couldn’t pay their debts. The Taj Mahal declared bankruptcy in 1991, the Trump Plaza and the Trump Castle in 1992. Lenders restructured the debt rather than liquidate and Trump put his casino holdings into a new company that went bankrupt in 2004. The company that emerged from that restructuring declared bankruptcy in 2009. Trump’s 6th bankruptcy was the Plaza Hotel, which he bought in 1988. It went bankrupt by 1992.

Trump’s surprise victory in 2016 paralleled the arrival of the brash upstart in Atlantic City more than 30 years earlier. But in the fourth year of his presidency, the Trump operation is once again reeling. Voters give him poor marks for handling the coronavirus crisis, underscored by an outbreak at the White House that infected trump himself. Democrat Joe Biden is beating trump in most swing states and an Election Day blowout is possible. Trump has suggested he won’t leave office if he loses, threatening a constitutional crisis and his own political legacy.

The lessons of Trump’s bankruptcies explain much of the Trump campaign’s current tumult. Here are 5 similarities:

Supports of US President Donald Trump wave flags as the Presidential motorcade carrying US President Donald Trump arrives at the Trump International Hotel on September 12, 2020 in Washington, DC. - Trump will attend a roundtable with supporters before flying to Reno, Nevada. (Photo by Alex Edelman / AFP) (Photo by ALEX EDELMAN/AFP via Getty Images)
Supporters of President Donald Trump wave flags as the Presidential motorcade carrying Trump arrives at the Trump International Hotel on September 12, 2020 in Washington, DC. (Photo by ALEX EDELMAN/AFP via Getty Images)

 

Trump loses focus. 

As a real-estate developer, Trump had a reputation as somebody who relished the dealmaking but not the everyday work of running the companies he bought. “In business, he would focus for about two or three days before the closing, and after that he would lose interest,” one former associate told the New York Times for a 2016 analysis of the Plaza Hotel bankruptcy. Trump himself has admitted this. “The fact is, you do feel invulnerable,” he told author Timothy O’Brien, author of the 2005 biography “Trump Nation.” “And then you have a tendency to take your eye off the ball.”

Winning the 2016 election was the biggest deal of Trump’s life, and he pursued it vigorously, with his “Make America Great Again” campaign that effectively targeted disaffected working-class voters who felt ripped off by corporate greed and offshoring. Trump’s 2020 campaign is vapid by comparison. There’s no unifying campaign slogan, no clear agenda for a second term, no tangible pitch to voters. Mostly, Trump just tries to bash Biden and scare voters into thinking Democrats will let criminals roam freely and tax everybody into poverty. It’s like Trump closed a megadeal in 2016 but can’t get excited about negotiating an extension in 2020.

He ignores warnings and overshoots. 

Trump got into trouble in Atlantic City because he didn’t know when to stop. Casinos were profitable where he bought his first two, the Plaza and the Castle. But as casinos proliferated in Atlantic City, the market got saturated and profit margins plunged. Some experts warned Trump was vastly overspending when he took on $820 million in debt to develop the Taj Mahal in the late 1980’s. But Trump brushed them off and relied on his own rosy assumptions. The casino had cash-flow problems from the beginning and declared bankruptcy in July 1991, just 16 months after its lavish opening. Had Trump satisfied himself with the first two casinos, he might have had no casino bankruptcies in his career, instead of 5.

The former Trump Taj Mahal is seen in Atlantic City, N.J., Monday, June 19, 2017. (AP Photo/Seth Wenig)
The former Trump Taj Mahal is seen in Atlantic City, N.J., Monday, June 19, 2017. (AP Photo/Seth Wenig)

 

Trump’s most unregulated excess as president has been his fear-mongering and vilification. Trump could have built on the coalition of working-class voters and libertarian business people who elected him in 2016 by pursuing pragmatic policies that made him seem like a problem-solver. Instead, he has relentlessly bullied his critics and blamed immigrants, liberals, civil-rights activists and other groups for getting in his way. Most critically, Trump ignored public-health experts who urged aggressive action to halt the coronavirus spread, instead trying to persuade the public everything would be fine. Trump’s coalition now seems to be shrinking rather than expanding, as his support among women, seniors and other key voting blocs crumbles.

Unkept promises. 

While seeking a license for the Taj Mahal in 1988, Trump told gaming officials he could lock in financing at the lowest possible “prime” rate, which was around 9% at the time. That helped him get the license, even though some officials had doubts about Trump. But Trump ended up paying a 14% rate, which contributed to the casino’s cash flow problems and its bankruptcy. Trump left hundreds of contractors unpaid as the casinos cratered, and some workers ultimately lost pensions.

As a candidate and then president, Trump promised to drain the swamp, release his tax returns, make Mexico pay for a border wall, revive the coal industry and vanquish the coronavirus by summer. Nope, nope, nope, nope and nope. As for a second term, Trump is promising 10 million new jobs, more tax cuts, a quick return to normal, and a redo on unfulfilled 2016 promises, such as a terrific new health care plan. Most politicians overpromise, but Trump does it on an almost outlandish scale.

He holds his partners hostage. 

Trump’s lenders lost hundreds of millions of dollars on his bankruptcies and other underperforming businesses, but they’ve often written off the losses and extended Trump even more credit, because it’s better than liquidation. One former chairman of New Jersey’s casino commission described Trump as “too big to fail” in Atlantic City: Had his casinos stopped operating, it would have devastated the local economy. So lenders and gaming officials found ways to keep Trump in business, while reducing the control he had over those businesses so he couldn’t single-handedly get in over his head again.

NEW YORK, NEW YORK - AUGUST 16: A sanitation worker cleans outside Trump International Hotel &amp; Tower New York as the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on August 16, 2020 in New York City. The fourth phase allows outdoor arts and entertainment, sporting events without fans and media production. (Photo by Noam Galai/Getty Images)

 

Dozens of Republican senators and members of Congress are now tied to Trump in the political equivalent of a banking relationship. As Trump won control of the Republican party, fellow Republicans lent him their support in an all-or-nothing bid for political dominance. When Trump was winning, so were they. But if Trump goes down, some of those will sink with him. That could cost Republicans Senate elections in states such as Arizona, Colorado, Iowa, Maine and North Carolina and give Democrats control of the Senate. If Biden wins the White House as well, Democrats would control the legislative and executive branches in a withering wipeout for Trump and his GOP allies.

Trump always gets another chance. For his many stumbles, Trump has always recovered and found new ways to advance his interests. After struggling in the 1990’s, Trump pivoted his business away from development projects toward licensing and management deals. His star rose higher than ever when he became a reality TV star on “The Apprentice,” even as his casino company went bust two more times. And of course he capitalized on that fame to run for president in 2016, vanquishing two political dynasties—the Bush and Clinton families—on his way to the White House.

So if Trump loses in 2020, and suffers the type of embarrassing setback he did with his casino or hotel failures, it certainly won’t be the end of Donald Trump. He has a remarkable gift for salesmanship that always seems to lead to another deal—sometimes with former partners who soured on him and then warmed again. In 2008, when Trump was struggling to sell condominiums in his new Chicago tower, he sued the lender, Deutsche Bank, to get out of some of the loan payments. The two parties settled after two years of legal wrangling, and in 2011 Deutsche Bank started lending Trump money again. Trump probably hopes 2020 voters are equally forgiving.

Solar energy is now cheaper than coal and gas in most countries, IEA reports

The Week

Solar energy is now cheaper than coal and gas in most countries, IEA reports

Peter Weber, The Week                         October 13, 2020

 

Energy produced by solar panels is now cheaper than that produced by coal- or gas-powered plants in most nations, the International Energy Agency said Tuesday in its annual report on global energy trends. Assuming governments follow through on their detailed energy policies, renewable energy will account for 80 percent of the market for new power generation by 2030, and coal will count for less than 20 percent of the global energy supply by 2040 for the first time since the Industrial Revolution, the IEA predicted.

“I see solar becoming the new king of the world’s electricity markets,” IEA executive director Fatih Birol said in a statement Tuesday. “Based on today’s policy settings, it’s on track to set new records for deployment every year after 2022.” Hydroelectric power will continue to be the biggest source of renewable energy for a while, but as the cost drops on photovoltaic panels, solar will catch up quickly, the IEA said.

Governments will need to invest heavily in upgraded power grids and energy storage to manage solar, wind, and other energy that isn’t generated at all hours, Bloomberg reports, but the market is playing a big role in shaping energy consumption, too.

“Today, hundreds of billions of dollars of capital are flowing into clean energy,” Bruce Usher, an investor and professor at Columbia Business School, told CBC MoneyWatch. “That bucket for investors is not about policy,” he added. “It’s about where you can get the biggest return.”

Last week, for example, the Florida renewable power producer NextEra Energy at least briefly became the most valuable energy company in the U.S. , its $143.8 billion market value eclipsing ExxonMobil’s by $900 million and Chevron’s by about $2 billion. Exxon brings in way more revenue, $255 billion last year, than NextEra’s $19.2 billion. But NextEra’s profit margins have recently been as high as 50 percent and investors expect solar and wind to trump fossil fuels in the near future.