What Will 2025 Bring in Global Climate Finance?
Last year, international negotiations continued to disappoint on global climate policy, forests, and finance. This year, subnational governments must continue to lead.
As they have for many years, nations came together in 2024 at various climate-related events to push for a brighter future. From the 16th Conference of the Parties (COP) to the Convention on Biological Diversity in Cali, Colombia in October 2024, followed immediately by COP29 to the United Nations Framework Convention on Climate Change (UNFCCC) in Baku, Azerbaijan, country negotiators hammered out language to advance the protection of and financing for the world’s spec...
CONTINUE READINGClimate Takeaways from Newsom’s Budget Proposal
The Governor’s proposed 2025-26 budget would tap the recent voter-approved climate bond and seek new emergency funds.
For more than a month, California has worked at “Trump-proofing” the State budget. Now you could say the Governor is looking to fire-proof it too. On Friday, as wildfires continued to rage across Southern California, officials from the California Department of Finance presented the Governor’s proposed 2025-26 budget. Earlier in the week, the Governor—who has been here in the Southland managing wildfire response and didn’t present the budget himself as h...
CONTINUE READINGTalking Climate Policy with an Energy Economist
An interview with leading energy expert Catherine Wolfram
I had the chance to talk about climate policy with Catherine Wolfram, a leading energy economist who has researched the impact of the Inflation Reduction Act. She was a longtime faculty member in Berkeley’s Haas Business School. She went to Washington to serve as the Deputy Assistant Secretary for Climate and Energy Economics at the US Treasury in 2021-2022, and from there went on to join the MIT faculty. With that as background, this is a write-up of our conversati...
CONTINUE READINGHuge Snub for Big Oil at the Supreme Court
Oil companies failed to persuade the justices to shield them from the growing number of state lawsuits seeking damages for the harms caused by climate change.
Big Oil has failed to persuade the U.S. Supreme Court to shield it from numerous state climate lawsuits filed across the country seeking damages for the harms caused by climate change — harms like the historic, supercharged urban fires burning in Los Angeles. The justices held a conference on Friday, January 10 to determine whether to weigh in on this state climate litigation against oil companies — specifically whether to hear arguments in their appeal of a...
CONTINUE READINGDOGE: A Dodgy Path to Deregulation
It's supposed to be cost-saving, but the savings are trivial on the scale of the federal budget.
Musk and Ramaswami have said that their DOGE project will cut the federal budget by eliminating unnecessary regulations and cutting regulatory agencies. Putting aside what “unnecessary” means here, that’s not even going to be a downpayment on the kind of budget cuts they’re seeking. The numbers are pretty simple. Suppose they eliminated EPA entirely. That would be a $10 billion saving. Sounds like a lot. But the Dogematic Duo talked about $2 trillion in cu...
CONTINUE READINGA Way Forward?
Reducing the Number of Decisions Could Accelerate Fire Management
This is the third of a series of three posts on how to do more to reduce fire risks on federal lands. The first post is here, the second post is here. In addressing the increasing risks of wildfire, we certainly need to scale up the resources we apply to the problem, doing more prescribed burns and other forms of active management. However, we also use our resources more efficiently. Environmental review and compliance do take resources, and they are many occasi...
CONTINUE READINGFire and Permitting Reform
Addressing the difficult parts, regulation and litigation
This is the second of three posts on proposed legislation to address the fire crisis on federal lands (the first post is here). Last post, I talked about why this legislation is essential, and the strengths of the bill that the House passed last Congress. In this post, I’ll talk about the parts of the legislation that were controversial and their potential problems. These were the parts of the legislation that sought to narrow the application of the National Envi...
CONTINUE READINGThe Urgent Need to Address Fire Risk
We need legislative action to accelerate fire risk reduction in general
The Manchin-Barrasso energy permitting bill that I’ve posted about is not the only permitting reform bill that died with the last Congress. The House had passed the “Fix Our Forests Act,” legislation sponsored by Rep. Bruce Westerman, a Republican from Arkansas, with a focus on trying to reduce fire risks on federal (and other) lands. While it is unlikely that permitting reform will be part of any reconciliation process, some sort of legislation is likely to re...
CONTINUE READINGThe Fires in Los Angeles
Wildfire policy and the tragic fires in Southern California?
National attention is (rightly) focused on the terrible fire situation in Los Angeles. At the moment, the top priority is supporting first responders who are trying to control the fires, prevent more damage, and help the people who have lost homes and loved ones. There is (of course) a bunch of chatter on social media about what might have prevented the fires or “fix” the wildfire crisis in the US more broadly. Some of that commentary has been helpful, some…...
CONTINUE READINGLA Fires and the Climate Connection
New UCLA research connects the dots between the climate crisis and the supercharged LA wildfires. "Hydroclimate whiplash" means worse floods, droughts, and fires.
Like millions of Angelenos, I’ve been staying indoors and off the roads, glued to the Watch Duty app, radio, and TV coverage as LA is engulfed by these historic fires. The last 48 hours of coverage has focused, understandably, on the firefight and immediate devastation. Now, it’s time to start hearing about the climate connection, especially from local officials, policymakers, and the TV news anchors that so many people turn to for information during scary urban ...
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