The U.S. government is trying to “get things moving” through those subsidies, he added. “But I would tell you building a business on government subsidy is not a long-term sustainable strategy—we don’t support that …. We’re advocating to move to market forces, either through regulation and prices on carbon.”
The Brookings Institute hosted a “fireside chat” with Senator Sheldon Whitehouse, Chairman of the Budget Committee. The Senate is preparing for a “massive” tax overhaul bill in 2025, because many of the tax breaks from prior years expire soon. Sen. Whitehouse is angling to have carbon pricing in the bill. Here he discusses how CBAM, the tax negotiations and the politics.
Another bipartisan success! The House approved a bipartisan bill, 365-36, aimed at bolstering the United States’ position in nuclear energy. The Atomic Energy Advancement Act is the U.S.’s first major nuclear energy policy update in over a generation. Like any major bill, there’s a ton going on in it, but at it’s core it addresses 1) Efficient and Predictable Licensing and 2) Advanced Nuclear Technologies.
Note: Capitalism works again: “The cure to high prices is high prices.” That triggers supply, which reduces prices. Here, CCL’s Jonathan Marshall shows what’s happening to lithium prices, what’s coming and why.
When the Inflation Reduction Act was becoming law in 2022, some of the country’s leading energy researchers predicted a cut of 37 percent to 42 percent by 2030 compared to the level in 2005, in line with the Biden administration’s stated goal of reducing emissions by 40 percent by 2030. So how are things going 18 months after President Biden signed the IRA? And why?
Editor: Here’s another example of how “market forces” can meaningfully change the rate and scale of the transition to clean energy.
China has unveiled new ESG disclosure rules for its biggest companies as it seeks to align with European requirements and bring foreign investment back to its struggling economy. “By catching up with international standards, the government hopes to attract foreign money—especially from institutional investors,” Wang said.
Here is the summary page for February ACTION — the background information and email-tool you need to ask our MOCs to protect the climate-friendly funding earmarked for ranchers and farmers regarding conservation of their lands. Urge them to protect that funding from efforts to reallocate that money to general subsidies when the “Farm Bill” is re-authorized, probably this year.
In the farm bill – a must-pass piece of legislation done every five years – Congress supports a range of federal programs that aim to make farmers and ranchers more competitive in global markets, mitigate agriculture’s climate impacts, and keep food prices affordable. These range from …
from WaPo Scott Dance, Sarah Kaplan, and Veronica Penney | January 9, 2024 The year 2023 was the hottest in recorded human history, Europe’s top climate agency announced Tuesday, with blistering surface temperatures and torrid…
A comprehensive look by TOMAS PUEYO This article will convince you of that nuclear is the best source of energy.¹ Don’t read it if you need your mind to remain anti-nuclear. If you are against nuclear,…
Ben King, Michael Gaffney, and Alfredo RiveraJanuary 10, 2024 In 2023, the US experienced something it hasn’t since before the COVID-19 pandemic: a growing economy paired with shrinking greenhouse gas (GHG) emissions. After two years of emissions…
This bipartisan proposed legislation would expedite geothermal development by amending the Energy Policy Act of 2005 to allow for a new categorical exclusion for geothermal under the National Environmental Policy Act of 1969.
