The archive

Issue: Economic Freedom, Trade & Global Leadership

Energy

How America Should Respond to China’s Industrial Dominance Playbook

Two hundred and fifty years young, the United States of America remains the best country in the world. We’re not perfect, but we still pass “the gates test” with flying colors. As the longtime conservative leader Bill Bennett noted in highlighting the Berlin Wall, “You can measure a nation’s worth by observing the flow of humanity when barriers are raised: do they fight to enter, or do they risk everything to escape?” In America, people are still desperately trying to get in, and for good reason.

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Energy

Trade Barriers Threaten Critical Minerals Policy

Last week, the Quadrilateral Security Dialogue, known as the Quad and consisting of the United States, India, Japan, and Australia, met in New Delhi and hammered out, among other things, a Quad Critical Minerals Initiative Framework.

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Environment

How Repealing the EPA  Endangerment Finding Will Help the Planet

These days, the role of Chicken Little is filled by reporters and environmental extremists. Every time a conservative administration somewhere in the world proposes to roll back an expensive environmental regulation, rest assured, we’ll hear that the sky is falling in on us.

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Policy

PM2.5, Regulatory Uncertainty, and the Role of Science in Policymaking

The Environmental Protection Agency’s recent decision to temporarily stop assigning dollar values to the projected health benefits of reducing fine particulate matter (PM2.5) and ozone has sparked renewed controversy over air pollution regulation. As I discussed last week, the agency framed the move as a response to persistent uncertainty in estimating PM2.5 health effects, not as a withdrawal from regulating air pollution or considering public health impacts.

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World

Withdrawing from Climate Treaties Is Mostly Symbolic, but It Has Little Upside

Last week, the Trump Administration announced its intention to withdraw the United States from several landmark international climate institutions, including the United Nations Framework Convention on Climate Change (UNFCCC) and the Intergovernmental Panel on Climate Change (IPCC). In practical terms, the move is largely symbolic: U.S. participation or non-participation in these bodies has relatively little direct effect on domestic climate policy or near-term global emissions outcomes. 

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Economics

Discounting and the Ethics of Climate Policy

Last year, in one of his first actions on inauguration day, President Donald Trump signed an executive order directing federal agencies to stop using the social cost of carbon (SCC) when weighing the costs and benefits of regulations. The decision prompted predictable outrage from many environmental activists, climate scientists, and economists, who argued that abandoning the SCC would strip climate regulations of their scientific grounding. 

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Energy

How to unleash American energy dominance financing to win on Energy and AI

While domestic energy demand surges, our adversaries — led by China, the world’s dominant energy financier — are outpacing us in investments in innovative R&D and critical infrastructure. To win this competition, the federal government must enable the U.S. energy sector to compete in technology areas where the financial risk is too high for the private sector to bear alone. One of the U.S. government’s more powerful tools is loan guarantees.

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Environment

The Clean Air Act Needs a Regulatory Face-Lift

The Clean Air Act (CAA) is now 55 years old—and shows its age. That’s not a critique of its legacy. The law, in conjunction with innovation and private investment in environmental improvement, has contributed to significant improvements in air quality, public health, and environmental protection. But its regulatory framework still operates like it’s 1970, often resulting in costly, inefficient regulations that stifle economic growth for little environmental gain.

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