- U.S. and Canada compete in subsidies! Canada will pay Volkswagen $750 million to help it build a battery factory, plus billions based on future battery production.
- Biden promises $1 billion for international “Green Climate Fund,” plus $500 million to slow deforestation in Brazil (if Congress is willing).
- Gary Galles: Property rights provide profit incentives to reduce environmental costs and damage.
- “There is no tipping point beyond which Mother Earth wrestles control of the whole climate system away from human beings and proceeds to punish us for our sins.”