There is a way to slash emission of greenhouse gases that’s politically practical. It’s called a “sky trust” and it’s roughly analogous to the Alaska Permanent Fund, which since 1976 has sent every Alaska resident a dividend check each year with a share of the state’s oil revenues.
The notion of a huge public trust begins with two simple ideas that have the potential to cut the Gordian knot on energy policy. The notion is the brainchild of Peter Barnes, author of Capitalism 3.0.
Critics say new LNG ventures in British Columbia saddle Indigenous communities with debt, opaque ownership structures, and financial risk that could leave them owing billions.
Campaigners have highlighted the irony of the Tory peer warning about threats to free speech at a think tank bankrolled by a repressive regime.
Corporate pledges to fight deforestation by turning degraded pasture into cropland seen boosting demand for harmful chemical inputs.
As the New York-based firm was preparing to work on the climate summit, it was also pushing for Brazilian oil and gas distributor Vibra Energia to help power it.
