John Doerr, a venture capitalist who made billions of dollars in the tech industry, is giving $1.1 billion to Stanford University to set up a school for sustainability. It is the largest-ever gift to Stanford. Wrote David Gelles in the New York Times: “The school, to be known as the Stanford Doerr School of Sustainability,…
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Should We Even Try to Recycle Plastics?
Pressuring plastic producers to recycle their products has gone on for decades. But two writers at the Atlantic have now concluded, “Plastic recycling does not work and will never work.” In the U.S. in 2021 only 5 percent of all post-consumer plastic was recycled. Furthermore, they say that the plastic producers deny this and those denials…
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…
What Earth Day Has Become
Kent Lassman, president of the Competitive Enterprise Institute, thinks it is time to retire Earth Day. Writing in the Johnstown, Pennsylvania, Tribune-Democrat, he says: “Despite the positive effects Earth Day may have had in the past to raise awareness and rally the grassroots, today we have a global class of professional activists committed to campaigning…
No More “Use It or Lose It” in Utah?
The Utah state legislature has passed a law that would bring a bit of free market environmentalism to the state by expanding the right to trade water to protect the Great Salt Lake. Writes Saige Miller for the Salt Lake Tribune: “If the governor signs HB33, the Utah Division of Forestry, Fire and State Lands…