Can you imagine China, Russia, or Iran spending trillions of dollars to remove any fraction of the carbon dioxide they’re pumping into the air? When corporations — and people — misallocate capital, they tend to suffer. Of course, whether capital is misallocated is sometimes only fully understood after the fullness of time. The People’s Republic...
The CCP is accelerating coal-fired power plant construction — while we remain blind to the danger of the nation’s ‘environmental’ claims. The Biden administration has placed tremendous importance on cooperating with the People’s Republic of China (PRC) to reduce greenhouse gas emissions. But based on new reports out of China, when it comes to their...
The International Energy Agency (IEA) turns 50 this year. Doubtless there will be champagne-infused celebrations at its Paris headquarters. But on this side of the Atlantic, it’s past time for the United States, the biggest source of that agency’s funding, to rethink the IEA’s role. To be blunt: the U.S. should suspend payments to the...