Policymakers should enact meaningful and durable solutions to empower companies to capitalize on our domestic resource abundance.
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The Hidden Costs of Green Protectionism
Opening up trade, reducing inefficient regulations, and promoting pro-growth tax policies will allow the market to respond to consumer demands for cleaner technologies without leaving the developing world behind.
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Carbon markets seek a reboot in the face of existential challenges
Bill Spindle of Cipher reports on the challenges of carbon markets. “As COP28 approaches, the industry is attempting a major reboot. After years of intense activity by dozens of study groups and implementation committees, the carbon trading industry has launched fresh initiatives to raise the quality of offsets and codify what claims buyers can credibly...
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When climate activism becomes a religion
"When one’s hope is in this world, anxiety will overcome us. When one believes humans are responsible to be their own saviors, it will feel like an impossible task—because it is...As Christians and common-sense individuals, we can trust in the Lord, care for the Earth, and follow proven principles of economic empowerment to lift people out of poverty and create a cleaner, healthier planet."
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The High Cost of California Electricity Is Increasing Poverty
“A growing element of this problem is the cost of electricity; rising electricity prices disproportionately impact lower- and middle-income families who lack the disposable income to absorb the extra costs.”
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A Shale Oil CEO’s Second Act: Going Green
"In the past, oil-and-gas entrepreneurs who closed one drilling venture often started another. Today, money has gotten tight for many new fossil-fuel projects in the U.S. as the productivity of wells wanes and climate-conscious investors shy away, industry executives say. Although many big fossil-fuel companies are spending billions on acquisitions to increase production, the amount of money private investors are committing to funds that invest in oil-and gas-related assets has roughly halved so far this year versus a recent peak of $102 billion in 2016, according to investment data tracker Preqin."
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California Firefighters Tap AI for an Edge in Battling Wildfires
John McCormick on The Wall Street Journal reports that California’s firefighters are turning to artificial intelligence to fight wildfires. Computer programs can track vegetation growth and dryness, as well as historical data to determine where fires may spread.
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Electric Trash Trucks Are Coming Quietly to Your Town
The Wall Street Journal’s Dan Neil reports that Mack Truck is producing electric trash trucks.
- Advancements in this technology will reduce emissions and provide quieter trash removal.
Excerpt:
“Electric trash truck love is in the air. In January, as part of L.A’s program to reduce carbon emissions, city sanitation officials announced it would transition its fleet of 1,100 refuse trucks to battery-electrics by 2035, with new truck purchases being primarily electric by 2023.”
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This Georgia refinery is making low-carbon jet fuel from alcohol
"The ribbon-cutting event drew attendance from U.S. Agriculture Secretary Tom Vilsack and Department of Energy officials, as well as the company’s top financial backers. The Microsoft Climate Innovation Fund invested $50 million and Bill Gates’ Breakthrough Energy awarded a $50 million grant, both in 2022, to support construction of the first-of-a-kind facility."
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The Facts About Climate Change and California Fires
“Alternative, market-based risk models are cropping up in parts of the country to better assess the risk and deploy fire- suppression resources where they’re needed most. When the risk is accurately assessed, it should incentivize more prescribed burns, timber harvesting, and installation of fire- resistant materials on homes and other buildings. But even then, it is challenging because most often reducing the fuel load is out of the hands of the home or business owner.”
