By refusing to go along with an increased consumer subsidy fully available only for EVs and batteries produced in the U.S. with union labor, Sen. Manchin (perhaps with the assistance of Canada's government) has saved the U.S. government from what could have been a mortal blow to an integrated North American industry.
The 15% corporate minimum tax is one of the Inflation Reduction Act's key revenue-raising provisions Joyce Beebe reviews the background, operating mechanism and different perspectives associated with implementing the corporate minimum tax.
Biden’s foreign policy retains the usual mix of high ideals and pragmatic self-interest that has been a hallmark of U.S. foreign policy since the Republic’s founding.
A report from center experts on the evolution of Islamist politics, the Israeli-Palestinian conflict, security in the Persian Gulf and displacement in the Middle East.
Kelsey Norman, Mohammad Ayatollahi Tabaar, Kristian Coates Ulrichsen, A.Kadir YildirimJuly 7, 2022
A new Senate bill "declares a position on most of the unclear yet critical issues" in regulating cryptocurrency, the author writes, on which industry participants have been requesting guidance for years. What are the key provisions in this bipartisan proposal? Read the post on the Baker Institute Blog.
"Creating a global norm for PPA transparency is a zero-cost step to help provide energy for everyone and deliver on the low carbon future we all need," write the authors. Read their post about power purchase agreements on the Baker Institute Blog.
This article originally appeared in the Forbes blog on June 1, 2022.
Even before the high heat of summer, the Texas power grid is struggling — but the lessons for adapting future energy plans amid climate change apply globally, writes faculty scholar Daniel Cohan, and a better connected grid with cleaner energy is critical. Read his commentary in The Hill.
Many climate policy approaches place a disproportionate burden on lower-income families, writes fellow Mark Finley. Political leaders have started to recognize that climate policy must approach fossil fuels and energy transition as an “AND”, not an “either/or”, and that the distributional impact of policy must also be addressed. Read more on the Baker Institute Blog.
This post originally appeared in the Forbes blog on January 26, 2022.
"With the pressures of climate change and the urgency to incorporate alternative energy resources like wind and solar, the fixation on the purported benefits of energy transition technologies overshadows the glaring reality — an absence of strategy around identifying and quantifying other life cycle externalities, such as waste disposal or environmental impacts," write fellow Rachel Meidl and research assistant Mathilde Saada. Read more on the Baker Institute Blog.
President Biden's foreign policy is colored by both decisiveness and a realism that falls short of his idealism, with a result that draws elements of Trump's and Obama's approaches together, writes fellow Joe Barnes. Read his post on our blog.