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
Tag Archives: sustainability
The New Oil: How the Shift to Renewables Trades One Dependency for Another
Executive Summary Switching from oil to renewable energy and electric vehicles does not get rid of resource dependency. It just changes what you depend on. Instead of relying on oil, countries end up relying on critical minerals such as lithium, rare earths, silver, polysilicon, and copper—and as China refines most of them, even minerals mined elsewhere often must go through China before they can be used. For … Continue reading
California’s “Radical” Climate Program: Examining Challenges to the Cap-and-Trade System
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
The Social Cost of Carbon: The Politicization of a Metric
Executive Summary President Trump signed an executive order (EO) on his first day back in office entitled “Unleashing American Energy,” which removes Biden-era barriers to federal land leasing for energy production as a method of expanding U.S. energy production. A significant change imposed by the order includes the Environmental Protection Agency’s mandated reassessment of a … Continue reading
What Are the Implications of AI for the Power and Utilities Sector?
Executive Summary: The energy demands of Artificial Intelligence (AI) and data centers are rising rapidly, threatening the achievement of Net Zero 2030 targets, and raising concerns about the environmental impact of AI development and data storage. Data centers will account for 9 percent of the US’s total power consumption by 2030, significantly impacting the power … Continue reading
Nowhere Near Net Zero: Understanding Carbon Pricing as a Solution to U.S. Emissions
Executive Summary The United States is projected to fall short of the climate goals it set under the 2015 Paris Agreement, even with the burdensome provisions of the Inflation Reduction Act. Carbon pricing programs present a more cost-effective solution than subsidies and could reduce emissions by the required amount while generating revenue. Existing carbon pricing … Continue reading
Energy and Economics Conference
On Thursday January 24th the National Journal hosted a policy summit conference exploring how renewable energy innovation is transforming how the economy is driven, and how the economy is influencing energy production. President Obama addressed the need to move forward with clean energy in his inaugural address; this policy summit was the coming together of … Continue reading