To support the “Inflation Reduction Act” that just cleared the Senate on a party vote, Senator Joe Manchin agreed to a “side deal.” According to the Washington Post that deal would streamline the permitting process for major energy projects, including a West Virginia gas pipeline. Among other things it would set a two-year maximum limit…
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Anti-Nuclear Energy Protests: Did Companies and Greens Collude?
Lee Bressler argues on his blog, The Lee Show: “Producers of fossil fuels want to undermine nuclear energy, so they funded large groups of ‘green’ protesters. “ “These protesters were useful idiots who staged protests and political activism to try to have nuclear plants shut down, block new plants from being built, and advocate for…
Back to ‘Shoot, Shovel and Shut Up’: Court Drops Trump’s Common-Sense Rules on Endangered Species
“With this change, we’re back to the ‘shoot, shovel, and shut up’ status quo.” (PERC Tweet). A federal district court in California has vacated Trump-administration rules designed to make the Endangered Species Act more fair and effective. The most important rule dealt with the treatment of threatened species, which are species that are not yet…
Why the Supreme Court Reined in the EPA
On June 30 the Supreme Court, by a 6-3 vote, decided that the Environmental Protection Agency’s Clean Power Plan, a major change in the way carbon dioxide from power plants would be regulated, had exceeded the agency’s authority. (The plan had not gone into effect, partly because of multiple legal challenges, which ended on Thursday.)…
Biden’s Plans for Infrastructure Ring Hollow, Thanks to New NEPA Rules
President Biden is tightening up the environmental reviews for major projects—thus weakening the infrastructure act he appears to be so proud of. The White House Council of Environmental Quality has just issued new rules for assessing major projects under the 1969 NEPA (National Environmental Policy Act). The rules end President Trump’s relaxation of regulation and…
Banker Wakes Up the ‘Woke’ on Climate Change. He May Lose His Job.
“Climate change is not a financial risk that we should worry about,” said Stuart Kirk, a responsible-investing executive of HBSC, one of the world’s largest banking and investment houses last week. He spoke at the “Moral Money” conference in London sponsored by the Financial Times. According to British sources, he was suspended from his job…