Getting climate, energy & environment news right.

Are Greenland’s resources a potential boon to the United States?
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Are Greenland’s resources a potential boon to the United States?

There’s an interesting paradox in economics known as the “resource curse.” Simply put, areas with abundant natural resources tend to be poorer than those that face scarcity. Competing theories attempt to explain the resource curse, but one generally accepted explanation is that these resource-rich countries usually have authoritarian governments while citizens under democracies fare better.

Withdrawing from Climate Treaties Is Mostly Symbolic, but It Has Little Upside
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Withdrawing from Climate Treaties Is Mostly Symbolic, but It Has Little Upside

Last week, the Trump Administration announced its intention to withdraw the United States from several landmark international climate institutions, including the United Nations Framework Convention on Climate Change (UNFCCC) and the Intergovernmental Panel on Climate Change (IPCC). In practical terms, the move is largely symbolic: U.S. participation or non-participation in these bodies has relatively little direct effect on domestic climate policy or near-term global emissions outcomes. 

Trump says the US will be ‘very strongly involved’ in Venezuelan oil 
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Trump says the US will be ‘very strongly involved’ in Venezuelan oil 

The U.S. will be “very strongly involved” in Venezuela’s oil industry, President Trump said Saturday after the capture of Venezuelan leader Nicolás Maduro. Asked about the future of the country’s oil industry on Fox News’s “Fox & Friends”, Trump said, “Well, I see that we’re going to be very strongly involved in it.” Read more in The Hill...

A Major Mining Milestone
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A Major Mining Milestone

Earlier this year, China sent up a red flag. Its Ministry of Commerce introduced export restrictions that immediately reduced the international supply of seven rare earth elements. The move followed President Trump’s tariffs on Chinese goods, but it reminded Americans that we are always vulnerable. We need a source of rare earth elements that isn’t spelled C-H-I-N-A.

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