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Brief # 116 – Environmental Policy
By Todd J. Broadman

A prolonged period with little or no precipitation combined with an extended period of abnormally high temperatures has created “extreme” drought conditions in much of the western half of the U. S. In California, Gov. Gavin Newsom has placed 41 counties under a state of drought emergency. In some areas of Oregon and California, scientists conclude the drought is the most severe it has been in centuries.

Brief #113—Environment
By Todd J Broadman
The world is in need of a climate action plan; the U.S. under President Biden is proposing one. At its core, the proposed plan is a set of policies that shift or transition energy from fossil fuels to renewable sources. The glaring challenge to this shift though, is current and future projections for energy demand. Americans are accustomed to the luxury of 24-7 access to energy at the touch of a button. As the Biden plan points to, solar and wind power are the go-to sustainable energy sources. Electricity though, accounts for only a quarter of CO2 emissions – carbon-intensive manufacturing, agriculture, and transportation demands comprise the vast majority. Biden’s plan subscribes to Bill Gates’s “Show me a problem, and I’ll look for technology to fix it,” approach. Others, particularly in Europe, place more emphasis on ‘degrowth’ as the direction the developed world ought to be heading.

Brief #108—Environment
By Todd J Broadman
Soon after President Biden’s election victory, General Motors Corporation (GM) publicly stated their vision: to manufacture vehicles that feature zero carbon emissions. That vision is the leading feature of their “triple zero,” which also includes zero congestion and zero crashes (through advanced safety technologies and self-driving vehicles). Over the next 15 years, GM will completely phase out the production of petroleum powered vehicles and will solely manufacture electric vehicles (EV). There are to be 30 such EV models available by 2025.

Brief #98—Environment
By Todd J. Broadman
The Federal Reserve has made an unprecedented policy change: the Fed is now directly intervening to support corporate credit markets.

Brief #92—Environment
By Todd J. Broadman
Methane gas is 84 times more potent than carbon dioxide and is a main driver of climate change.

Brief #83—Environment
By Todd J Broadman
Approximately 25% of all U.S. meat packing plants have been closed.