Biden’s Plans for Infrastructure Ring Hollow, Thanks to New NEPA Rules
President Biden is tightening up the environmental reviews for major projects—thus weakening the infrastructure act he appears to be so proud of. The White House Council of Environmental Quality has just issued new rules for assessing major projects under the 1969 NEPA (National Environmental Policy Act). The rules end President Trump’s relaxation of regulation and... Read more »
Banker Wakes Up the ‘Woke’ on Climate Change. He May Lose His Job.
“Climate change is not a financial risk that we should worry about,” said Stuart Kirk, a responsible-investing executive of HBSC, one of the world’s largest banking and investment houses last week. He spoke at the “Moral Money” conference in London sponsored by the Financial Times. According to British sources, he was suspended from his job... Read more »
Are You Paying to Save a Forest that Won’t Be Cut Down Anyway?
This blog has long raised questions about carbon offsets. And now the New York Times is ruminating over them, too—in particular, over the amounts of money that airline passengers pay to “offset” their use of jet fuel. Some airlines (such as Air Canada and KLM) allow you to get rid of travel guilt by paying... Read more »
Elon Musk Disputes Tesla’s Removal from “ESG” Index
Elon Musk made news this past week (again) by castigating the S&P Index for removing Tesla from its index of ESG-approved stocks. “ESG is a scam,” he tweeted. “It has been weaponized by phony social justice warriors.” ESG refers to whether a company is sufficiently active in the areas of “environmental, social, and governance.” Here’s... Read more »
Plea: Don’t Force the Post Office into an Electric-Vehicle Boondoggle
“The Postal Service should not be a test dummy for the administration’s speculative goals and it is an insult to taxpayers to treat it this way.” So writes Guy Caruso on RealClearEnergy. Here’s what’s happening: The Biden administration is trying to persuade the Postal Service (USPS) to invest in more electric vehicles. In March the... Read more »
Think Globally, Act Locally: Vines Are Killing Trees on George Washington Parkway
A long-time resident of Alexandria, Virginia, has castigated the National Park Service (NPS) for failing to protect the trees along the George Washington Parkway. In a Washington Post op-ed, John R. Powers writes that vines are strangling trees. “In 2021, the NPS budget was $2.8 billion, but not a penny was spent on the maintenance of... Read more »
Did You Know a Debate Is Brewing over Conservation Easements?
They are more popular than ever but also controversial, writes Alex Brown for Stateline, a journalistic initiative of The Pew Charitable Trusts: “[T]he growing interest in preserving privately held land has sparked a fierce debate between supporters who say such efforts guarantee environmental protections and critics who say they take away individual property rights.” Conservation... Read more »
Pending World Food Crisis Shows Fallacies of Organic Farming
“Organic farming produces between 29% to 44% less food than conventional methods,” says environmentalist Bjørn Lomborg. “It therefore requires as much as 78% more land than conventional agriculture and the food produced costs 50% more—all while generating no measurable increase in human health or animal welfare.” Writing in the Wall Street Journal, Lomborg says: “The... Read more »