The pressure to “do something” about global warming has created exotic new programs that emphasize reducing output. You might think of them as markets in non-production. I will explain them. Carbon offsets. Companies that produce or use fossil fuels are trying to reduce their “carbon footprint” but still continue their business. They are purchasing “offsets”—that…
Search Results for: regulation
What Exactly Will the SEC Do on Climate Change?
Speculation is growing about how the SEC, under the new chair, Gary Gensler, will address climate change. In the Insurance Journal, Ben Bain reports on the SEC’s possible actions: “The U.S. Securities and Exchange Commission may make corporations reveal more about climate risks in key regulatory filings, a push that Wall Street and the biggest…
More Evidence of Forced Labor in China and Africa for ‘Green’ Energy
Reports from Sheffield Hallam University in England and the International Energy Agency strengthen the case that China is forcing its minority Uighur population to produce solar panels. Meanwhile, children as young as seven years old are mining for cobalt in the Democratic Republic of the Congo under dangerous conditions; the mined cobalt is processed in…
Can a Rancher Kill a Grizzly Bear in Self-Defense?
The growing numbers of grizzly bears in Montana, Wyoming, and Idaho, are rankling ranchers. So the Montana legislature has passed two bills that aim at giving ranchers more rights to kill grizzlies. But will these laws fly? The will undoubtedly run into conflict with federal regulations for the grizzly, which is still listed as an…
Janet Yellen’s ‘Operation Choke Point’?
Marlo Lewis thoroughly debunks Treasury Secretary Janet Yellen’s plan to use climate change as a factor in regulating financial lending. (He writes on the Competitive Enterprise Institute blog,) Yellen told the department’s Financial Stability Oversight Council on March 31 that climate change is “an existential threat to our environment” and “a tremendous risk to our…
API Endorses Carbon Pricing, But Biden Doesn’t
The American Petroleum Institute, the leading U. S. trade association for the oil and gas industry, has changed its position on carbon pricing. On March 25, it announced that it now supports “sensible legislation that prices carbon across all economic sectors while avoiding regulatory duplication.” The API’s statement of principles on carbon pricing set some…