Biden Administration
How Biden’s Climate-Related Financial Risk Order Relates to State Policy
The federal government takes a big step, but state leaders still have a role to play
On Thursday the White House issued an Executive Order on Climate-Related Financial Risk that outlines a key plank in the Biden Administration’s whole-of-government approach to addressing climate change. Whereas the Trump Administration sought to actively block consideration of environmental factors in investment decision-making, the Biden Administration is directing financial and climate regulators to develop strategies …
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CONTINUE READINGCost-Benefit Analysis and the Biden EPA
The recent rescission of a Trump rule hints at how the Biden Administration views the role of cost-benefit analysis.
In its closing days, the Trump Administration issued a rule designed to tilt EPA’s cost-benefit analysis of air pollution regulations in favor of industry. Last week, EPA rescinded the rule. The rescission was no surprise, given that the criticisms of the Trump rule by economists as well as environmentalists. EPA’s explanation for the rescission was …
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CONTINUE READINGTaxing Carbon?
Should we adopt a corporate carbon tax? Something to think about on Tax Day.
Today is Tax Day, delayed from its usual spot in mid-April due a backlog at the IRS. It seems like an apt time to think about a carbon tax. At present, it doesn’t seem to be on Biden’s agenda, but agendas can change with circumstances, sometimes unpredictably. Politically, the biggest problem with a carbon tax …
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CONTINUE READINGGuest Contributors Clara Barnosky, Jane Sadler, Richard Yates, and Zachary Zimmerman: The Biden Administration’s First 100 Days of Reversing Environmental Rollbacks
An Early Analysis of Progress and Priorities in the Executive Branch
In the final months of the Trump presidency, we (a team of students working with U.C. Berkeley’s Center for Law, Energy and the Environment (CLEE)) compiled a database of over 200 environmental rollbacks enacted during the Trump administration. These rollbacks characterized the administration’s aggressive focus on deregulation of industry and disregard of protections for the …
CONTINUE READINGBiden and the Environment: The First 100 Days
Biden has set up a lot of future actions. But he’s already got some notches on his belt.
Tomorrow marks Biden’s first 100 days in office. He’s appointed a great climate team and is negotiating an infrastructure bill that focuses on climate change. With luck, those actions will produce major environmental gains down the road. There are also some solid gains in the form of actions that have already come to fruition. Here’s …
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CONTINUE READINGAmerican Soil
Soil is an important carbon sink. It’s literally going down the drain, eroding away.
Today is Earth Day. Let’s talk about something earthy: the dirt under our feet. When I was a kid growing up in central Illinois, the topsoil was black and went down about a foot. When I was a little older and tried gardening, I was amazed at the fertility of the soil. When I’ve gone …
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CONTINUE READINGOffering “Carrots” to Protect the Amazon
Brazil asks for a billion dollars to slow deforestation. Would this be cooperation or extortion?
In March, US President Joe Biden invited the leaders of 40 countries to a virtual climate change summit, which takes place today and tomorrow. During the lead-up to this, many countries announced commitments of varying specificity and firmness to reduce greenhouse gas emissions. (I hope to write soon on the European Union.) Brazil’s position is …
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CONTINUE READINGStraws in the Wind
Businesses have intensified public support for climate action. That could presage a major shift in climate politics.
In the past few weeks, there’s been a notable growth of business support for climate action. A letter from the CEOs of 300 hundred major companies called for a 50% cut from 2005 carbon emissions by 2030. The companies ranged from the utilities to tobacco to investment management. Google, McDonalds, Walmart, and Philip Morris were …
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CONTINUE READINGCreating New Jobs in Coal Country and the Oil Patch
How can we help carbon-dependent communities transition economically?
One of the goals of Biden’s clean energy and infrastructure proposals is to provide an economic boost to people who will otherwise lose out in the transition to a sustainable economy. He has similar plans for “environmental justice” communities. This is a great goal, but it may be more difficult than it seems. In a …
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CONTINUE READINGBiden’s Infrastructure Plan: FAQs
Yes, it’s a big deal. And yes, it’s politically dicey.
Biden has announced a $2 trillion infrastructure plan, with a heavy focus on climate-related investments. The plan is very complicated, and the news coverage hasn’t been all that helpful. Here are the key questions we should be asking about the plan, along with my best attempts to answer. Q: What’s in the plan? A: It’s …
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