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FL EPA Water Regulations Get Watered Down

Florida issues new water pollution standards

By Craig Pittman, Times Staff Writer
Posted: Nov 02, 2011 05:07 PM

Amid a long-running political fight over new water pollution standards being imposed by the U.S. Environmental Protection Agency, Florida officials Wednesday unveiled their own new standards for limiting the most common form of pollution in the state’s rivers, streams and estuaries.

The new standards for limiting nutrient pollution —- the kind that often causes toxic algae blooms —- have already drawn support from the Florida Pulp and Paper Association, Associated Industries of Florida and phosphate mining giant Mosaic, among other groups.
Also lined up in support: the EPA. Based on a preliminary review, the federal agency “would be able to approve the draft rule” as complying with the Clean Water Act, wrote Nancy K. Stoner of the EPA’s regional office in Atlanta.

However, while state Department of Environmental Protection Secretary Herschel Vinyard called the new standards “the most comprehensive nutrient pollution limitations in the nation,” some environmental groups say what DEP has come up with is worse than the rule already on the books.

“The toxic slime outbreaks in Florida will continue and get worse,” predicted David Guest of Earthjustice, one of the groups that previously sued the EPA for failing to protect Florida’s waterways from nutrient pollution. The new state rule, he said, was “negotiated with the polluting industries, and it reflects that.”

Guest contended the EPA is going along with the DEP’s rule to dissipate the political heat that ensued when the federal agency agreed to impose new pollution rules on Florida. The EPA’s rules have drawn opposition from Gov. Rick Scott, state business leaders and some members of Florida’s congressional delegation.

“They’re just lying down and letting the DEP do whatever they want to do,” said Linda Young of the Clean Water Network. The problem with the new rules, she said, is that they don’t apply to what comes out of the end of a drain pipe. That makes it harder to stop pollution at the source, she said.

Nutrients such as phosphorous and nitrogen flow into waterways from fertilized lawns, golf courses, leaking septic tanks and malfunctioning sewer plants. In the past 30 years, nutrient pollution has become the most common water pollution problem in Florida —- but the state’s rules for how much nitrogen and phosphorous are allowed in waterways were only vague guidelines.

The EPA told all states in 1998 to set strict limits on nutrient pollution, and warned it would do it for them if no action was taken by 2004. DEP officials started working on new standards in 2001, but 2004 passed without any change.

In 2008, Earthjustice and a coalition of other environmental groups sued the EPA to force it to take action in Florida. A year later, the agency settled the suit by agreeing to impose nutrient pollution standards — and the complaints began boiling up from Florida industry leaders about costly, unnecessary federal regulations hurting the economy.

Attorney General Pam Bondi, on behalf of Agriculture Commissioner Adam Hasner, sued to block implementation of the rules, and on Wednesday she filed a motion accusing the EPA of exaggerating the threat from nutrient pollution.

EPA officials have said all along that they would drop their pollution limits if the state would come up with some new standards. In the EPA’s letter Wednesday, agency officials said that if the state’s Environmental Review Commission and the Legislature ratify the new state standards, and the EPA gives its formal approval of the final version, the agency would then withdraw its controversial pollution standards.

Craig Pittman can be reached at [email protected]

[Last modified: Nov 02, 2011 05:08 PM]

Mosaic Profits on Rising Food Prices

Rising Food Prices Will Boost Debt-Free Mosaic Co. (NYSE: MOS) to New Highs

OCTOBER 31, 2011

BY JACK BARNES, Global Macro Trends Specialist, Money Morning

http://moneymorning.com/2011/10/31/rising-food-prices-will-boost-debt-free-mosaic-co-nyse-mos-to-new-highs/

With so many companies – and countries – choking on the combination of slow growth and massive debt, investors are finding that there’s a definite formula for success.

You need to look for companies that have healthy cash reserves, a global presence in a high-growth sector, and whose shares are available at a bargain price.

I’ve already found one to help get you started.

I’m talking about The Mosaic Co. (NYSE: MOS), an agricultural leader that’s positioned to benefit from the worldwide run-up in food prices.

Mosaic is the world’s leading producer of concentrated phosphate and potash, two of the primary nutrients required to grow food crops.

One of the main reasons I really like Mosaic is that it has enough cash – $3 billion – to fund its own growth. It doesn’t need to borrow from banks to continue generating profits from crop-nutrient sales.

That’s a profitable niche, since global food prices are expected to increase 4% next year, and could climb higher on supply squeezes. Increasing food demand and poor harvests have caused sharp climbs in the price of corn and other crops. And those price increases have translated into higher prices for pork, beef and poultry. The profitable agricultural industry outlook is enticing farmers to grow more, and will create a steady profit stream for Mosaic.

Mosaic’s shares recently hit a 52-week low; but don’t let that price dip fool you: While the market is currently pricing Mosaic for a significant slowdown in earnings, the reality is far brighter. It’s time to buy The Mosaic Co. (**).

The Mosaic Co.

The Mosaic Co. is a young company with old roots, formed in 2004 from a merger of two giants in the crop nutrition businesses. This combination united profitable phosphate miner IMC Global Inc. with Cargill Inc., one of the world’s top producers of phosphate and nitrogen fertilizer.

The resulting Mosaic Co. has grown into the largest producer of concentrated phosphates, and one of the leading providers of potash crop nutrients.

Mosaic’s global reach – it has operations in 10 countries and serves markets in more than 30 nations – has allowed it to accurately estimate and provide for global product demand. It’s this excellent business execution that helped Mosaic become debt-free, and then to amass a cash hoard of more than $3 billion.

This helped the company post an excellent first quarter for fiscal 2012, the second-highest-grossing first quarter in its history. The company’s net earnings for the quarter ended Aug. 31 were 77% higher than the same quarter last year. Earnings per diluted share were $1.17, a 75% gain from 67 cents per diluted share in the first quarter 2011.

Mosaic’s revenue now totals more than $10.3 billion in the trailing twelve months.

Fitch Ratings Inc. recently estimated Mosaic will earn $3.7 billion in EBITDA (earnings before interest, taxes, depreciation, and amortization) in fiscal 2012, a 19% gain from the $3.1 billion earned last year.

The stock is down 18% so far this year, but this has more to do with Cargill unloading its core investment in the company – essentially dumping a big block of shares on the market.

Mosaic’s stock has rebounded from a 52-week low of $44.86 earlier this month to close at $61.96 Friday.

At this price it’s still a bargain, giving us a chance to buy at extremely favorable prices.

The company has a market capitalization of $20 billion. The stock is trading at a Price/Earnings (P/E) ratio of less than 8, making it cheap in comparison to the overall market’s P/E ratio of about 13 to 15.

Phosphogypsum Stacks

From EPA website….

Stacks
Aerial view
The phosphogypsum, separated from the phosphoric acid, is in the form of a solid/water mixture (slurry) which is stored in open-air storage areas known as stacks. The stacks form as the slurry containing the by-product phosphogypsum is pumped onto a disposal site. Over time the solids in the slurry build up and a stack forms. The stacks are generally built on unused or mined out land on the processing site.
As the stack grows, the phosphogypsum slurry begins to form a small pond (gypsum pond) on top of the stack. Workers dredge gypsum from the pond to build up the dike around it and the pond gradually becomes a reservoir for storing and supplying process water. A total of 63 phosphogypsum stacks were identified nationwide in 1989. They were in 12 different states, but the majority, two-thirds, were in Florida, Texas, Illinois, and Louisiana.

Side by Side
The surface area covered by stacks ranges from about 5 to 740 acres. The height ranges from about 10 to 200 feet. In 1989, the total surface area covered by stacks was about 8,500 acres. More than half that acreage is in Florida.
The tops of operating phosphogypsum stacks (ones that are still receiving phosphogypsum) are covered by ponds and ditches containing process water. “Beaches,” saturated land masses, protrude into the ponds. These surface features may cover up to 75 percent of the top of the stack. Other surface features include areas of loose, dry materials; access roads; and thinly crusted stack sides. (The crust thickens and hardens when the stacks become inactive and no longer receive process slurry.)

Mosaic’s Profits Up, but Costs Higher

THE ASSOCIATED PRESS September 23, 2011, 11:57AM ET

http://www.businessweek.com/ap/financialnews/D9PUAOM00.htm
Mosaic posts higher profit, but misses view
Fertilizer giant Mosaic Co. said Friday that stronger sales in its fiscal first quarter pushed its profit up by 77 percent.

The earnings nevertheless missed Wall Street expectations and the company’s shares fell $2.84, or 4.7 percent, to $57.27 in midday trading.

For the three months ended Aug. 31, the company reported net income of $526 million, or $1.17 per share, up from $297.7 million, or 67 cents per share, a year ago.

On average, analysts expected earnings of $1.25 per share, according to FactSet.

Revenue rose to $3.08 billion from $2.19 billion. Analysts expected lower revenue of $2.85 billion.

Gross margin as a percentage of sales rose to 27.5 percent from 23.1 percent. The company said the increase was driven by improvements in phosphates and potash margins. Operating earnings rose to $729.6 million, up from $410.3 million.

Citi analyst P.J. Juvekar noted that it’s possible that “ongoing legal issues” and the shutdown of a phosphate rock mine may have increased the Mosaic’s costs in the quarter. But Juvekar also noted that the market remains favorable for Mosaic, given the tight corn and soybean markets and elevated grain prices that are pushing up farmer incomes.

Earlier this week, Standard & Poor’s said that it will add Mosaic, based in Plymouth, Minn., to the S&P 500 index after the market closes Friday. One requirement for entering the S&P index is that at least half of a company’s shares must be available to the public.

On Thursday, Mosaic said one of its shareholders, the Margaret A. Cargill Trust, plans to sell 18 million of its 42 million shares of the company, with an option to sell another 2.7 million shares if the sale goes well. The move is the latest step in unwinding ties between Mosaic and Cargill Inc.

FL Governor appoints Mosaic executive to Industrial and Phosphate Research Institute

If there was ever any doubt about the scientific objectivity of the Florida Phosphate Research Institute, then at least their intentions are plainly known to all now… Thanks to Governor Scott for clearing that up.

Scott appoints Mosaic executive to Industrial and Phosphate Research Institute

 http://floridaindependent.com/47377/rick-scott-mosaic-fertilizer

 By Virginia Chamlee | 09.13.11 | 4:17 pm

 Gov. Rick Scott today appointed Michael A. Daigle, director of operations planning at Mosaic Fertilizer, to the Florida Industrial and Phosphate Research Institute. The appointment marks the latest in a stream of government interaction with the company — Mosaic gave at least $15,000 to Scott’s gubernatorial campaign, and a former Jeb Bush staffer recently went to work for the company.

A phosphate mine in South Fort Meade, owned by Mosaic, was shut down in July due to potentially detrimental environmental impacts. Although the company was initially given the go-ahead from the U.S. Army Corps of Engineers to strip-mine thousands of acres of Florida wetlands, a lawsuit (brought by environmental groups including the Sierra Club) led a judge to halt production at a 700-acre tract of the mine, over fears that the mining activities were damaging two area watersheds.

In July, a U.S. judge extended that injunction — effectively banning the company from expanding production at the mine.

According to its website, the Florida Institute of Phosphate Research was originally created in 1978 as “a state agency to study phosphate issues that impact Florida’s citizens, environment and economy and to be a phosphate information resource.”

Daigle’s term begins today and ends Sept. 30, 2014.

EPA Resists Call To Halt Radiation Surveys

The Inside Story – 

EPA Resists Call To Halt Radiation Surveys

Posted: September 9, 2011

EPA Administrator Lisa Jackson is resisting GOP demands that the agency commit to halt aerial surveys that could inform a potentially precedent-setting cleanup of an area in central Florida where the agency fears that tens of thousands of people living on former phosphate mines are being exposed to dangerous levels of radiation.

An agency spokeswoman says that during a Sept. 7 meeting, Jackson told GOP critics that the agency has “no current plans” to conduct such surveys, but stopped short of agreeing to the lawmakers’ call to permanently halt the flyovers.

At issue are approximately 10 square miles of contaminated land near Lakeland, FL, where EPA has taken no cleanup action despite having had the concerns since the late 1970s. To address the concerns, which were first made public by an award-winning series of Inside EPA articles in 2010, the agency has so far conducted only one preliminary aerial radiation survey near the area in question.

But EPA’s survey has prompted opposition from GOP lawmakers representing the area, including Rep. Dennis Ross (R-FL), who is planning to push an amendment to EPA’s upcoming appropriations bill blocking further EPA survey work. Ross, together with other GOP lawmakers, sent a letter to Jackson earlier this year that criticized the agency for having recently conducted the preliminary survey and demanded that the agency conduct no further flyovers, saying they could hurt Florida’s economy. The lawmakers also called EPA’s long-held Superfund cleanup standards “arbitrary.”

In a Sept. 7 press release, Ross claimed that he had met with Jackson in his Washington, DC office and had won a commitment from the Administrator “to conduct no future radiation flyovers.” In the press release, Ross called the alleged commitment from Jackson “a giant step in the right direction,” because further surveys would “impact every Floridian in thousands of dollars a year in new costs and potentially devastating effects on an already depressed housing market.”

During the meeting with Jackson, Ross said he “made clear that decades of study, from industry to University, show that radiation levels at mining sites in central Florida contain less radiation than living in the suburbs of Denver, and that any radiation monitoring must be done with agreed upon benchmarks based on accepted scientific standards.”

But Ross’s press release “is misleading,” an agency spokeswoman says in a statement to Inside EPA. “Administrator Jackson did not commit to no flyovers – she simply stated at this time there are no plans to do any,” the EPA spokeswoman says.

The EPA spokeswoman also defended the use of aerial surveys, calling them “a common sense, low-cost way of detecting whether there is radiation in the soil, radiation that could harm people in their communities.” The spokeswoman says that “EPA undertakes a strict scientific and public process to determine what levels of radiation are unsafe” and that the agency “has a duty to gather information to ensure public health and the environment are protected.”

EPA is “committed to continuing to work with States to listen and address any issues of concerns,” the spokeswoman says.

Reaching a consensus with state officials regarding the Florida phosphate issue could prove difficult, however. The desire of EPA officials to use their Superfund standards as the basis for any cleanups in the area has long been a source of contention between EPA, Florida and phosphate mining industry officials, and the disagreement has prompted concerns amongst environmentalists who fear the precedent that could be set if EPA abandons its long-held standards.

In addition, Ross is preparing to insert his amendment blocking any additional survey work in the fiscal year 2012 budget bill when it is recalled to the House floor. The amendment would block surveys “of any facility in the State of Florida in Polk county or Hillsborough county that is listed in” EPA’s Superfund database, known as the Comprehensive Environmental Response, Compensation, and Liability Information System (CERCLIS).

But Rep. Edward Markey (D-MA), who has raised concerns about the Florida phosphate issue in the past, may oppose the amendment. A Capitol Hill source said recently that Markey continues to track the issue and may speak in opposition to the Ross amendment when it comes up on the House floor.

In addition, Florida environmentalists are urging Jackson to reject the demands of Ross and the other Florida Republicans, which include Reps. Gus Bilirakis, Vern Buchanan, Richard Nugent and Thomas Rooney. In a July 20 letter, the activists say they “strongly support a fully scientific review of the impacts of phosphate mining, including the aerial radiation surveys which are long overdue.”

A Ross spokesman could not be reached for comment.

© 2000-2011. Inside Washington Publishers

--
Douglas P. Guarino
Associate Editor
Inside Washington Publishers
(Inside EPA's Superfund Report)
1919 South Eads Street, Suite 201
Arlington, VA 22202
703-416-8518
fax:703-416-8543
mailto:[email protected]

GOP Effort To Block EPA Radiation Surveys In Florida Faces Opposition

Superfund Report – 09/05/2011
GOP Effort To Block EPA Radiation Surveys In Florida Faces Opposition
Posted: September 2, 2011
Environmentalists and a key House Democrat are pushing back against a GOP effort to block EPA from doing aerial surveys that could inform a potentially precedent-setting cleanup of an area in central Florida where the agency fears tens of thousands of people living on former phosphate mines may be exposed to dangerous levels of radiation.
At issue are approximately 10 square miles of such lands near Lakeland, FL, where EPA has taken no cleanup action despite its concerns dating back to the late 1970s over residential radiation. EPA’s concerns, made public by an award-winning series of Inside EPA articles in 2010, have prompted a negative reaction from GOP lawmakers representing the area, who say the fears are overblown.
In February, the lawmakers — including GOP Florida Reps. Dennis Ross, Gus Bilirakis, Vern Buchanan, Richard Nugent and Thomas Rooney — sent a letter to EPA Administrator Lisa Jackson in which they take issue with EPA having recently conducted a preliminary aerial survey near the area in question. The survey, which was expected to set the stage for a much more extensive flyover of the area, is considered to be a key early step in a possible cleanup process (Superfund Report, July 11).
Ross, who plans to meet with Jackson in the coming weeks to discuss the issue, is preparing to insert an amendment blocking any additional EPA survey work in the fiscal year 2012 budget bill when it is recalled to the House floor in the coming months. The amendment would block surveys “of any facility in the State of Florida in Polk county or Hillsborough county that is listed in” EPA’s Superfund database, known as the Comprehensive Environmental Response, Compensation, and Liability Information System (CERCLIS) (Superfund Report, Aug. 8).
But the measure may be countered by Rep. Edward Markey (D-MA), who has raised concerns about the Florida phosphate issue in the past. According to a Capitol Hill source, Markey continues to track the issue and may speak in opposition to the Ross amendment when it comes up on the House floor.
In addition, Florida environmentalists are urging Jackson to reject the demands of the GOP lawmakers. In a July 20 letter, the activists say they “strongly support a fully scientific review of the impacts of phosphate mining, including the aerial radiation surveys which are long overdue.”
The groups, which include the Sierra Club Florida Phosphate Committee, Protect Our Watersheds and People Protecting Peace River, say that in addition to aiding EPA’s Superfund evaluation of the former mining areas, information gleamed from the surveys should be included in the Area-Wide Environmental Impact Statement that EPA and the Army Corps of Engineers are preparing relative to proposed new phosphate mines in Florida (Superfund Report, Oct. 15).
The activists also take issue with the GOP lawmakers’ assertion that EPA’s preferred cleanup standard for the Florida sites is “arbitrary.” The activists note that the standard, which dictates that concentrations for radium-226 in soil should not exceed 5 picocures per gram (pCi/g) above what naturally occurs in an area, “is a longstanding national standard which has been used at may sites nationwide to evaluate risk.”
“It would be highly improper to apply a different rule for Florida, or to refuse to look at the data because you don’t want to know what it says, which is the underlying premise of the [GOP] letter,” the activists say. Relevant documents are available on Inside EPA.com. (Doc ID: 2374487)
In their letter, the GOP lawmakers complain that “Florida’s real estate market is already under significant duress as a result of the economic downturn” and that “potential actions by EPA stand to impede Florida’s recovery.”
But the activists challenge this assertion, saying that aerial surveys “allow a scientific evaluation of risk and can have the effect of lifting the stigma currently associated with many such sites.”
The GOP congressmen presume “that this is a debate between economics and public health,” the activists continue. “This simply isn’t true. It’s a debate between powerful narrow corporate interests and a broader regional interest in environmental, public and economic health.” — Douglas P. Guarino
© 2000-2011. Inside Washington Publishers

Douglas P. Guarino
Associate Editor
Inside Washington Publishers
(Inside EPA’s Superfund Report)
1919 South Eads Street, Suite 201
Arlington, VA 22202
703-416-8518
fax:703-416-8543
mailto:[email protected]

Mosaic Appeals District Court Injunction on S. Ft. Meade Mine Extension

Sounds like they have a strong case for a stay.

________________________________________
From: Dennis Mader [mailto:[email protected]]
Sent: Thursday, August 25, 2011 9:08 PM
Hello Everyone:

As you may or may not know, Mosaic filed a notice of appeal on July 15 with the 11th Circuit regarding our second preliminary injunction which was granted on July 8. That appeal (No. 11-13277-EE) has officially begun with the filing of Mosaic’s Motion for Stay Pending Appeal, which is attached here. Eric asked that I send all of you a copy of the document; if there are any questions, please feel free to contact me.

Best,

Amber E. Williams
Paralegal
Sierra Club Environmental Law Program
1650 38th Street, Suite 102W
Boulder, Colorado 80301
(T) 303.449.5595 ext. 104
(F) 303.449.6520
[email protected]

Mosaic Appeals District Court Injunction on S. Ft. Meade Mine Extension

Hello Everyone:

As you may or may not know, Mosaic filed a notice of appeal on July 15 with the 11th Circuit regarding our second preliminary injunction which was granted on July 8. That appeal (No. 11-13277-EE) has officially begun with the filing of Mosaic’s Motion for Stay Pending Appeal, which is attached here. Eric asked that I send all of you a copy of the document; if there are any questions, please feel free to contact me.

Best,

Amber E. Williams
Paralegal
Sierra Club Environmental Law Program
1650 38th Street, Suite 102W
Boulder, Colorado 80301
(T) 303.449.5595 ext. 104
(F) 303.449.6520
[email protected]

Fluoride and the Phosphate Connection

Fluoride and the Phosphate Connection

by George C. Glasser

http://www.purewatergazette.net/fluorideandphosphate.htm

Cities all over the US purchase hundreds of thousands of gallons of fresh pollution concentrate from Florida – fluorosilicic acid (H2SiF6) – to fluoridate water.

Fluorosilicic acid is composed of tetrafluorosiliciate gas and other species of fluorine gases captured in pollution scrubbers and concentrated into a 23% solution during wet process phosphate fertilizer manufacture. Generally, the acid is stored in outdoor cooling ponds before being shipped to US cities to artificially fluoridate drinking water.

Fluoridating drinking water with recovered pollution is a cost-effective means of disposing of toxic waste. The fluorosilicic acid would otherwise be classified as a hazardous toxic waste on the Superfund Priorities List of toxic substances that pose the most significant risk to human health and the greatest potential liability for manufacturers.

Phosphate fertilizer suppliers have more than $10 billion invested in production and mining facilities in Florida. Phosphate fertilizer production accounts for $800 million in wages per year. Florida’s mines produce 30% of the world supply and 75% of the US supply of phosphate fertilizers. Much of the country’s supply of fluoro-silicic acid for water fluoridation is also produced in Florida.

Phosphate fertilizer manufacturing and mining are not environment friendly operations. Fluorides and radionuclides are the primary toxic pollutants from the manufacture of phosphate fertilizer in Central Florida. People living near the fertilizer plants and mines, experience lung cancer and leukemia rates that are double the state average. Much of West Central Florida has become a toxic waste dump for phosphate fertilizer manufacturers. Federal and state pollution regulations have been modified to accommodate phosphate fertilizer production and use: These regulations have included using recovered pollution for water fluoridation.

Radium wastes from filtration systems at phosphate fertilizer facilities are among the most radioactive types of naturally occurring radioactive material (NORM) wastes. The radium wastes are so concentrated, they cannot be disposed of at the one US landfill licensed to accept NORM wastes, so manufacturers dump the radioactive wastes in acidic ponds atop 200-foot-high gypsum stacks. The federal government has no rules for its disposal.

During the late 1960s, fluorine emissions were damaging crops, killing fish and causing crippling skeletal fluorosis in livestock. The EPA became concerned and enforced regulations requiring manufacturers to install pollution scrubbers. At that time, the facilities were dumping the concentrated pollution directly into waterways leading into Tampa Bay.

Read more: http://www.purewatergazette.net/fluorideandphosphate.htm