Former vice president Al Gore, whose investment firm raised $55 million in financing for the electric battery company in 2017, reportedly spoke with Biden in recent weeks to lobby the White House on keeping climate policy as a focus of his infrastructure proposal, which is expected to include major subsidies for green energy companies like Proterra.
In a new analysis, Mercatus Center Senior Research Fellow Veronique de Rugy argues that the plan would lead to more pollution because it would push economic activity abroad to poorer countries with lower standards.
“Higher income taxes on top of the many costly labor and environmental mandates in the bill would… raise production costs in the United States,” she writes. “That would shift production of many products to other countries that have more competitive tax rates and lower production costs—but also, oftentimes, questionable environmental standards.”
Las Vegas Review-Journal:Opposition by green groups to clean energy projects and mining in the Southwest “threatens to significantly slow efforts by the Biden administration and businesses to fight climate change by reducing America’s carbon emissions,” The Wall Street Journal reported Saturday in a story about efforts to stop a solar power project in Moapa Valley. ...
“The Biden administration is at a crossroads, and the Tiehm’s buckwheat is a symbol of our times,” said an overheated press release from Patrick Donnelly, Nevada state director of the Center for Biological Diversity. “Will the clean energy transition choose a new path and support our country’s remarkable biodiversity? Or will it opt for business as usual, with mining and development continuing to fuel the extinction crisis that’s bringing our life-support systems to the brink of collapse? There’s only one way forward, and that’s to protect Tiehm’s buckwheat and stop this destructive mine from driving a species to extinction.”