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Climate Change – Pacific Research Institute

Climate Change

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Read latest on state budget debate and climate funding

Would the Sky Fall if Newsom’s Environmental Budget Cuts Are Enacted? Reality Says No.

CalMatters reports that “an array of key climate programs – including efforts to combat rising seas and help low-income Californians buy electric cars – face significant cuts and delays as California seeks to close a $56 billion deficit over the next two fiscal years.” Newsom’s latest proposal is “a 17% ...
Climate Change

Fossil Fuel Lawsuits Are A Tax On Consumers

Announcing the state’s lawsuit against energy producers, California AG Rob Bonta claimed it is time to make energy companies pay for “the harm they have caused.” It is one of more than thirty such lawsuits around the country. As I have argued here, here, and here, these lawsuits are not heroic efforts to safeguard the ...
Blog

Spending Watch

Consumers, Not ‘Polluters’, Would Be Hard Hit by New Climate Tax Legislation

Consumers, Not ‘Polluters’, Would Be Hard Hit by New Climate Tax Legislation Wayne Winegarden     May 2024 SB-1497, the Polluters Pay Climate Cost Recovery Act of 2024, purports to “require fossil fuel polluters to pay their fair share of the damage caused by the sale of their products…to relieve a ...
Blog

Read about the latest attack on fossil fuels

Designated For Destruction: California’s Economic Oxygen

The Polluters Pay Climate Cost Recovery Act, Senate Bill 1497, requires “fossil fuel polluters to pay their fair share of the damage caused by the sale of their products.” The “responsible parties” are defined as entities that between the 2000 and 2020 calendar years, did business in the state or ...
Business & Economics

Read the latest about green investment mandates

Is CalPERS Still A Responsible Fiduciary?

Addressing global climate change is difficult and costly. Success requires an environment that encourages many ideas and experiments to flourish. Mandates from CalPERS undermines such an environment to the detriment of investors, the economy, and the environment. Read the full article at Forbes.com
Climate Change

Read about state & local climate change lawsuits

California Is Abusing The Legal System To Set Energy Policy

These claims are an end-run around the proper democratic process and, if successful, would be economically destructive. Making these costs harder to bear, the lawsuits are a futile exercise in hypocrisy. Federal courts have already dismissed similar claims against the automobile and electric power industries. Essentially the courts have stated ...
Blog

Read latest about California's green agenda

Everyday Is Halloween For The Scaremongering Climate Alarmists

“Climate anxiety and dissatisfaction with government responses,” says The Lancet, “are widespread in children and young people in countries across the world and impact their daily functioning.” And what does California do about this? It is now the third state to “mandate scaring our kids to death.” Along with Connecticut ...
Climate Change

Read about state climate change lawsuit

Newsom-Bonta lawsuit against oil industry good PR strategy, bad for fighting climate change

Last week, Gov. Gavin Newsom and state Attorney General Rob Bonta filed a lawsuit in San Francisco County Superior Court, suing a number of oil companies as well as the American Petroleum Institute for “creating, contributing to, and/or assisting in the creation of state-wide climate change-related harms in California.” The lawsuit ...
Blog

Who are winners and losers of 2023 legislative session?

Progressives Dominate Legislative Session, But Will Newsom Spoil the Party?

Late Thursday evening, the Legislature wrapped up its business for the 2023 legislative session.  As bleary-eyed lawmakers travel home today for the fall recess, what is the biggest story of this year’s legislative session? This year’s legislative session will go down as perhaps the most successful legislative session ever for ...
Blog

Read about Canada's recent wildfires

Bad Policy Could Make Canada’s Recent Fires Regular Occurrence in California

When California is on fire, the rest of the country looks on with the same morbid curiosity it has when yet any of the many Old Testament plagues that shake, rattle, parch, blister and sometimes flood the Golden State. But tables do sometimes turn.  Canada’s recent wildfires meant that for ...
Blog

Read latest on state budget debate and climate funding

Would the Sky Fall if Newsom’s Environmental Budget Cuts Are Enacted? Reality Says No.

CalMatters reports that “an array of key climate programs – including efforts to combat rising seas and help low-income Californians buy electric cars – face significant cuts and delays as California seeks to close a $56 billion deficit over the next two fiscal years.” Newsom’s latest proposal is “a 17% ...
Climate Change

Fossil Fuel Lawsuits Are A Tax On Consumers

Announcing the state’s lawsuit against energy producers, California AG Rob Bonta claimed it is time to make energy companies pay for “the harm they have caused.” It is one of more than thirty such lawsuits around the country. As I have argued here, here, and here, these lawsuits are not heroic efforts to safeguard the ...
Blog

Spending Watch

Consumers, Not ‘Polluters’, Would Be Hard Hit by New Climate Tax Legislation

Consumers, Not ‘Polluters’, Would Be Hard Hit by New Climate Tax Legislation Wayne Winegarden     May 2024 SB-1497, the Polluters Pay Climate Cost Recovery Act of 2024, purports to “require fossil fuel polluters to pay their fair share of the damage caused by the sale of their products…to relieve a ...
Blog

Read about the latest attack on fossil fuels

Designated For Destruction: California’s Economic Oxygen

The Polluters Pay Climate Cost Recovery Act, Senate Bill 1497, requires “fossil fuel polluters to pay their fair share of the damage caused by the sale of their products.” The “responsible parties” are defined as entities that between the 2000 and 2020 calendar years, did business in the state or ...
Business & Economics

Read the latest about green investment mandates

Is CalPERS Still A Responsible Fiduciary?

Addressing global climate change is difficult and costly. Success requires an environment that encourages many ideas and experiments to flourish. Mandates from CalPERS undermines such an environment to the detriment of investors, the economy, and the environment. Read the full article at Forbes.com
Climate Change

Read about state & local climate change lawsuits

California Is Abusing The Legal System To Set Energy Policy

These claims are an end-run around the proper democratic process and, if successful, would be economically destructive. Making these costs harder to bear, the lawsuits are a futile exercise in hypocrisy. Federal courts have already dismissed similar claims against the automobile and electric power industries. Essentially the courts have stated ...
Blog

Read latest about California's green agenda

Everyday Is Halloween For The Scaremongering Climate Alarmists

“Climate anxiety and dissatisfaction with government responses,” says The Lancet, “are widespread in children and young people in countries across the world and impact their daily functioning.” And what does California do about this? It is now the third state to “mandate scaring our kids to death.” Along with Connecticut ...
Climate Change

Read about state climate change lawsuit

Newsom-Bonta lawsuit against oil industry good PR strategy, bad for fighting climate change

Last week, Gov. Gavin Newsom and state Attorney General Rob Bonta filed a lawsuit in San Francisco County Superior Court, suing a number of oil companies as well as the American Petroleum Institute for “creating, contributing to, and/or assisting in the creation of state-wide climate change-related harms in California.” The lawsuit ...
Blog

Who are winners and losers of 2023 legislative session?

Progressives Dominate Legislative Session, But Will Newsom Spoil the Party?

Late Thursday evening, the Legislature wrapped up its business for the 2023 legislative session.  As bleary-eyed lawmakers travel home today for the fall recess, what is the biggest story of this year’s legislative session? This year’s legislative session will go down as perhaps the most successful legislative session ever for ...
Blog

Read about Canada's recent wildfires

Bad Policy Could Make Canada’s Recent Fires Regular Occurrence in California

When California is on fire, the rest of the country looks on with the same morbid curiosity it has when yet any of the many Old Testament plagues that shake, rattle, parch, blister and sometimes flood the Golden State. But tables do sometimes turn.  Canada’s recent wildfires meant that for ...
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