Issues

Energy & Environment

Publications

By / 11.30.2016

In the past two decades, the mounting risks posed by climate change have motivated businesses, cities, states, national governments, and the international community to pledge to take action to reduce their greenhouse gas emissions. Given the scale of the problem, the breadth of action must be effective and must set the foundation for increasing mitigation […]

By and / 10.11.2016

It’s become conventional wisdom that corporate America has fallen victim to myopia and short-termism. Companies are spending billions buying back stock that could have gone to innovation and investment. Corporate executives have compensation packages tied to stock prices, which focuses their attention on quarterly earnings rather than long-term growth. Investors want immediate results, rather than […]

By and / 5.11.2016

The U.S. Supreme Court has put President Obama’s Clean Power Plan on hold while lower courts review challenges to the regulation. The ruling is a setback to Obama’s hopes of bypassing a hostile Republican majority in Congress and using his executive authority to require electric utilities to make big reductions in carbon emissions. At last […]

Press

By / 4.6.2017

Last week, President Donald Trump declared that he would bring back coal jobs, directing the EPA to roll back the Clean Power Plan and other regulations on coal producers. It’s an audacious promise given the recent trajectory of the industry, and most energy experts dismissed it as impossible. But there is one way for Trump […]

By / 3.31.2017

Here’s some friendly advice to U.S. business leaders who may be quietly cheering plans by President Trump and his new administrator of the Environmental Protection Agency (EPA), Scott Pruitt, to “drain the swamp” by gutting environmental regulations: Be careful what you wish for. Not only will many Americans view such a rollback as radical, but […]

By / 3.28.2017

Trump’s executive order eviscerating Obama’s climate plan could leave the U.S. isolated as other countries push forward to curb emissions, observers of international climate negotiations said. Major climate allies are increasingly concerned that Trump’s efforts to overturn the [Clean Power Plan] and other climate rollbacks will blow a huge hole in the U.S. ability to […]

Blog

By / 3.31.2017

Just over a year ago, PPI unveiled a big ideas blueprint with a prescient subtitle: Unleashing Innovation and Growth: A Progressive Alternative to Populism. We knew that progressives in the United States and Europe needed better answers to the economic and cultural grievances that have fueled the rise of a retrograde populism and nationalism around […]

By / 3.29.2017

Statement of Joseph E. Aldy Associate Professor of Public Policy, Harvard Kennedy School Visiting Fellow, Resources for the Future Faculty Research Fellow, National Bureau of Economic Research Senior Adviser, Center for Strategic and International Studies United States House Committee on Energy and Commerce, Subcommittee on Energy, hearing on “Federal Energy Related Tax Policy and Its […]

By and / 3.15.2017

President Trump’s “open mind” on climate change seems to be closing. He’s preparing an executive order to kill Obama administration rules aimed at curbing U.S. greenhouse gas emissions. It is almost as though Trump is determined to increase the amount of carbon and other greenhouse gases America pumps into the atmosphere.   As carbon emissions […]