On June 25, 2026, officials from Washington, California, and Québec signed an agreement to merge their cap-and-trade systems. Once linkage takes effect, which is expected in 2027, the shared carbon market will cover roughly 75 percent of greenhouse gas emissions of two large U.S. states and one Canadian province. Continue reading
On September 19, California Governor Gavin Newsom approved a bill renewing California’s cap-and-trade program until 2045. This renewal comes despite hostility toward state-level clean energy programs from the Trump administration, notably President Trump’s executive order that specifically criticized California’s cap-and-trade program. Continue reading
Insurance companies are reacting to the increase in climate change-related natural disasters by raising premiums and withdrawing coverage from high-risk areas. Continue reading
Executive Summary The U.S. government and corporations do not release data on the price of submarine cable faults, raising concerns for national preparedness. Fiber-optic submarine cable faults cost the U.S. an estimated $22-$90 million annually. Power submarine cable faults cost the U.S. $12-$116 million to repair annually. The indirect costs of repair can range from … Continue reading
Executive Summary Artificial Intelligence (AI) is increasing the technology sector’s electricity demand, with data center energy use projected to more than double by 2030. This limits tech companies’ ability to meet renewable energy targets that were originally pledged in a less energy-intensive market. Google and Microsoft have implemented 24/7 Carbon-Free Energy (CFE) in their facilities, … Continue reading
Executive Summary Electricity is a necessary commodity for nearly every person in the United States, and while the delivery process has not changed, deregulation has altered who supplies it. Historically, electrical markets were vertically integrated and regarded as a natural monopoly, but recent market-oriented reforms have aimed to deregulate and introduce competition to lower both … Continue reading
Executive Summary Increases to import tariffs on foreign vehicles have been hinted at by President Biden and suggested by the House Select Committee on the Chinese Communist Party (CCP). While automobile tariffs are often implemented to stimulate sales of domestic vehicles, it is unclear if American manufacturers can meet the increasing demand for electric vehicles (EVs); high tariffs also dramatically … Continue reading
Introduction Hydrogen is the most abundant element in the universe and has the potential to reduce anthropogenic greenhouse gas emissions and decarbonize our planet. What makes hydrogen vital is its capability to be a clean, safe and flexible energy carrier. Additionally, when combusted to generate heat or electricity, it produces water. These characteristics make it … Continue reading
The Keystone XL pipeline is in the spotlight once again after President Biden revoked the pipeline’s presidential permit by signing an executive order halting the construction of the pipeline that would carry 830,000 barrels of oil per day from Alberta, Canada to Steele City, Nebraska, where it would join an existing pipeline that would transport … Continue reading
China experienced explosive economic growth in the past few decades that helped it rise to the position of the second-largest economy in the world. It now aims to transform itself from a regional to a global hegemon, effectively challenging the US in its backyard, Latin America. The country’s Belt and Road Initiative (BRI) facilitated its … Continue reading
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