ExxonMobil has petitioned a Texas county court for the ability to challenge 16 city, county and state officials about their involvement in an effort to coordinate lawsuits against the oil and gas giant. Meanwhile, New York City has jumped on board with a suit against Big Oil, the latest effort to attribute responsibility for climate change impacts.
Policy & Government
A catch all category for government, politics and initiatives to influence either.
Trump championed the new tax law as a boon to U.S. workers, but it didn’t stop Walmart from closing 63 Sam’s Club stores and laying off thousands.
After years of power generation emitting the most carbon in the U.S., that badge is now worn by the country’s transportation sector. This switch is the first time emissions from power generation were less than those from transport since the late 1970s.
Indications are growing that President Donald Trump will pull the U.S. out of NAFTA, effectively killing the market for coal power generation in the U.S.
Under new U.S. tax laws, there will still be little incentive for companies to invest in manufacturing in the U.S, as they will be taxed up to twice amount on those profits generated here as on goods produced in factories operating overseas.
AT&T and other companies tried to bolster the Trump brand at the close of 2017 with good news about employee benefits, but more layoffs loom in 2018.
Obama-era renewable energy projects continue to push coal aside while fostering economic growth, as demonstrated by two new solar projects in Nevada.
Put simply, this document “scopes” out California’s “plan” to meet our climate targets. As the state’s GHG reduction goals have become increasingly ambitious, the path forward to success more convoluted, and the role of California as a global climate change mitigation leader more significant, getting the Scoping Plan right is critical.
2017 was the year for environmental campaigns. The world saw an upsurge in rallies, investigative research and legal strategies all aimed at combating a common foe: climate risk.
China’s new carbon market, announced earlier this month, is expected to manage over 3 billion tons of carbon, which would make it at least 50 percent larger than the European Union’s cap-and-trade system.
President Trump wants to set the regulatory clock back to 1960, and last week he acted it out for the cameras. Wielding a pair of golden scissors at a White House photo op, he cut red tape strung around two stacks of paper. One was a small pile of some 20,000 pages representing the amount of regulations in 1960; the other a mound of more than 185,000 pages representing those of today.
“We’re getting back below the 1960 level,” Trump declared, “and we’ll be there fairly quickly.” There’s only one problem. That mountain of paper Trump used as a prop symbolizes hard-won measures that protect us.
A report World Resources Institute issued earlier this week suggests seven essential steps by which governments and the private sector can find ways to make ecosystems restoration an attractive financial proposition.
While the social cost of carbon is a useful regulatory metric for policy making, applying it to carbon price policies can be challenging given its subjective nature.