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Recently, Republicans received some favorable climate-related coverage. Utah’s 3rd District Congressman John Curtis announced the formation of a Conservative Climate Caucus. It came with a roster of roughly 60 Congresspeople, none of them particularly well known names. While they are light on content, they have sufficient info on their site to make a few early assessments. It’s possible that their actual actions will pleasantly surprise me, but the start is inauspicious.

First, though, it’s worth looking at some prior art in conservative climate actions.

There have been a few Republicans at the climate change table in the bipartisan Climate Solutions Caucus for years, and they include big names like Romney, Murkowski, Graham, Rubio, and Gaetz, all of whom are missing from the new Caucus (although it’s easy to understand why Gaetz wasn’t invited). And until the 2018 midterms, they were actually fully bi-partisan as their policy, with newcomers required to join in matched pairs.

Their solution is a revenue-neutral carbon fee and dividend, along with reduced regulation. It’s a good policy, as far as it goes, but it doesn’t go nearly far enough and it would have needed to start in 1990. We need governments to make tough choices, we need carrots to draw first-movers, and we need sticks to beat recalcitrant industries with. A carbon fee that’s low and capped at a too-low rate is exactly one policy lever. The carbon fee and dividend is bog-standard conservative economic policy, outside of Libertarian ideologues. Place a price on negative externalities and let the market take care of the rest.

The Climate Leadership Council is another legacy group focused on climate action. It was founded by senior Republican luminaries including former Secretaries of State James A. Baker and George P. Shultz, and Rob Walton, former Chairman of Walmart. Its focus is a revenue-neutral climate fee and dividend as well, along with a side helping of deregulation. Since its very conservative founding, it’s branched out to be a bi-partisan effort as well, and gained approval of Nobel Laureates in economics and corporate sponsorship. That corporate involvement is telling, by the way. There are 8 big fossil fuel-oriented emitters in the set, all of which have been doing quite well at greenwashing and notably less well at actually eliminating fossil fuels. When BHP, ExxonMobil, and BP are bellying up to the bar, the reasonable question of greenwashing arises. But the policies include a border carbon adjustment as well, and there are worse policy sets. They would start their fee at $40 per ton per the report and increase it above inflation until it hit $80, which is too low, but still better than nothing.

So many conservative policy strategists and economists favor carbon taxes. But watch what happens when sensible administrations implement this conservative Pigovian tax:

  • In Australia, center-left Labor brought a carbon tax in. The right-wing Liberals — with the support of the Oz version of the Heritage Foundation and coal baron money — derided it utterly, fought an election on it, and when they won, canceled it.
  • In Canada, the centrist Liberals brought in a revenue-neutral carbon fee and dividend to tax payers. The increasingly right-wing Conservatives derided it, fought two elections against it, thankfully losing both, and in a recent policy convention, refused to include climate change and action in their policies.

It’s like the Affordable Care Act, a Republican-created and tested policy that the conservative Obama Administration brought in. The Republicans immediately derided it as ObamaCare and fought tooth and nail against it for years. Consistency and so-called conservative parties like the Republicans don’t go hand in hand anymore.

So the new Republican-only Conservative Climate Caucus exists in a context. It doesn’t have big names associated with it. It’s inherently partisan. It’s entered a place where two pre-existing, well structured, well thought-through actually conservative caucuses and political action groups with senior Republican engagement already exist. And it doesn’t have a coherent policy it stands behind.

But it does have a set of ‘beliefs’, and they’ve already tipped their hand about what they are really all about. Let’s look at what they believe, point by point.

“The climate is changing, and decades of a global industrial era that has brought prosperity to the world has also contributed to that change.”

“Contributed to.” Right. The science is clear that we would be experiencing very slow cooling in a stable climate, but instead are seeing radically rapid heating, over 100 times faster than the heating which melted the continental glaciers 20-25 thousand years ago.

So yes, this is a belief. It’s not the reality. But that’s also not a policy indicator, so we can somewhat ignore it.

“Private sector innovation, American resources, and R&D investment have resulted in lower emissions and affordable energy, placing the United States as the global leader in reducing emissions.”

“Global leader.” Right. Germany is off 40% in GHG emissions since 1990. US emissions are about the same as they were in 1990, after having risen through 2010 or so. You have to cherrypick your timeframes to pretend the US is a global leader in emissions reduction when its per capita emissions are still among the highest in the world and its historical emissions are a full 25% of the global historical total.

This is a point of faith on the right. They really seem to believe this is true. So yes, more unsupported belief, not reality. And also not policy, although it’s a pointer to policy.

“Climate change is a global issue and China is the greatest immediate obstacle to reducing world emissions. Solutions should reduce global emissions and not just be “feel good” policies.”

China is not the greatest immediate obstacle in the real world. It is on track to hitting its (admittedly weak) Paris Agreement targets nine years early. It built as much wind and solar in 2020 as the rest of the world combined, 72 GW of wind and 48 GW of solar. It has 38,000 km of high-speed electrified passenger rail in operation, enough to circle the equator. It has well over 400,000 electric buses on the roads of its cities when no other country has 1,000 in operation. It buys 50% of all electric vehicles. It builds virtually all of the solar panels used globally. Chinese firms are two of the top five global wind turbine manufacturers.

China remained signatory to the Paris Agreement and acted when Republicans took the US out of the Agreement and regressed. For the past four years, the largest single obstacle to climate action was the United States. This is Sinophobic posturing, and indicative of policy that will not be useful. It sells well, and Biden does it too, but it remains harmful, finger-pointing nonsense.

And yet again, not policy, just a pointer to where policy might go.

“Practical and exportable answers can be found in innovation embraced by the free market. Americans and the rest of the world want access to cheaper, reliable, and cleaner energy.”

“Innovation” is a right-wing mantra as well. What it translates to is research funding, funding for the fossil fuel industries for failed carbon capture technologies, and yet more billions for nuclear energy. Innovation has already been embraced by the free market. It’s called wind and solar power. And it’s delivering cheaper, reliable, and actually clean — not ‘cleaner’ — energy globally today.

Germany and Denmark are running well over 40% on renewable electricity and their grid reliability metrics are vastly better than the US’. The average German and Dane see less than 15 minutes of power interruptions annually.

No one in the US sees anything approaching that level of reliability.

But this suggests policies. They extrapolate to:

These are no climate-friendly policies. These are fossil fuel industry friendly policies.

“With innovative technologies, fossil fuels can and should be a major part of the global solution.”

No, they won’t. This is #hopium from the fossil fuel industry, the Republican’s primary sponsors. The fossil fuel industry has to dwindle to a petrochemicals industry providing industrial feedstocks, perhaps 20% of a barrel, probably less.

This is indicative of energy and climate policies which are not about the greatest good for the greatest number, but the greatest good for the smallest number, specifically fossil fuel oligarchs like the Kochs.

“Reducing emissions is the goal, not reducing energy choices.”

Eliminating emissions is the goal, and some energy choices do not make that at all possible. Physics makes that very clear. More meat for the fossil fuel industry at the expense of the climate here.


So what this all means is that if — big if — Republicans actually come up with a climate policy at the federal level based on the new Caucus, it will be pretty much what Trump did.

  • Point fingers at other countries
  • Give lots of money and love to the fossil fuel industry
  • Pretend that the US is a leader, as opposed to a laggard

There is no intersection visible between the sane, empirically based policies of the Democratic Party, which is actually focused on the greatest good for the greatest number, and the policies of the Republican Party at this point.

Organize now to keep them out of power in 2022 and 2024.


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Ford is preparing for an all-new EV at its Louisville assembly plant, but which one?

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Ford is preparing for an all-new EV at its Louisville assembly plant, but which one?

The Louisville assembly plant is scheduled for an extensive retooling starting later this year to produce a new Ford EV model. After the Escape is phased out, Ford will upgrade the facility to introduce an all-new EV.

What new EV will Ford build in Louisville?

Since 2022, Ford has had the same three electric vehicles available in the US. The Mustang Mach-E, F-150 Lightning, and E-Transit. However, that could change soon.

According to Todd Dunn, president of UAW Local 862, Ford’s Louisville plant will likely see some major changes later this year.

Dunn told The Courier Journal that the retooling could take upwards of 10 months. Ford is expected to begin the upgrades in December when the Escape and Lincoln Corsair, which are made at the plant, are phased out.

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Although Ford has yet to confirm the retooling, according to Dunn, the downtime will impact around 2,300 workers at the plant. They are expected to be temporarily laid off during the retooling, but Dunn said they will qualify for supplemental unemployment benefits and will also be able to draw unemployment.

Ford-new-EV-Louisville
Ford Mustang Mach-E (left) and F-150 Lightning (right) (Source: Ford)

The upgrades are part of a 2023 UAW and Ford agreement to make the Louisville plant one of three due for a future EV model.

As to which EV, Dunn still doesn’t know, or when Ford will officially announce it. Since Ford already scrapped plans for a three-row electric SUV, that’s out.

Ford-new-EV-Louisville
Ford’s electric Explorer for Europe (Source: Ford)

Ford is planning to launch the first model on its long-awaited low-cost EV platform, a midsize electric pickup, in 2027. But this is expected to be built in Tennessee. A new “digitally advanced” electric van that will be built in Ohio is also due out next year.

2025-Ford-F-150-Lightning
2025 Ford F-150 Lightning (Source: Ford)

So, what mysterious new EV is Ford planning for Louisville? Ford spokesperson Jess Enoch told The Courier-Journal last year that the company is “committed to an all-new electric vehicle” at the plant but said, “We will share details closer to launch.”

The news comes after Ford’s Mustang Mach-E notched its highest first-quarter sales since its launch, with 11,607 units sold in the first three months of 2024. F-150 Lightning sales, on the other hand, fell 7%.

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Eric Trump says he moved to crypto after family business became ‘most canceled company’

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Eric Trump says he moved to crypto after family business became 'most canceled company'

American Bitcoin co-founder Eric Trump: Crypto's the 'future of the modern financial system'

Eric Trump says his family was “the most canceled company, probably on Earth.”

That was then.

With his dad, President Donald Trump, back in the White House, he sees a new money-making opportunity.

“It actually is what drove us toward cryptocurrency,” the president’s middle son told CNBC, referring to the Trump family’s latest business endeavors. “You realize that cryptocurrency was a lot faster, it was a lot more pragmatic, it was a lot more transparent, it was exponentially cheaper.”

In 2022, about two years after the end of President Trump’s first term, two subsidiaries of the Trump Organization were convicted by a jury in New York of multiple crimes, including tax fraud, falsifying business records and conspiracy. The guilty verdicts on all 17 charged counts came three weeks after Trump declared his 2024 candidacy.

Last month, the Trump Organization sued Capital One in Florida over allegedly “unjustifiably” closing more than 300 of the company’s bank accounts following the Jan. 6, 2021, riot at the U.S. Capitol. The lawsuit claimed Capitol One was acting on “unsubstantiated, ‘woke’ beliefs that it needed to distance itself from President Trump and his conservative political views.”

Prior to Trump’s return to the White House, the Trump Organization unveiled a new ethics plan that said it would limit the president’s involvement in management decisions and other aspects of the business while he’s in office.

President Donald Trump (2R), flanked by US Secretary of Commerce Howard Lutnick (L), US Secretary of Treasury Scott Bessent (2L) and White House AI and Crypto Czar David Sacks (R), attends a the White House Crypto Summit in Washington, DC, March 7, 2025. 

Jim Watson | Afp | Getty Images

But crypto is another matter. President Trump and First Lady Melania Trump launched meme coins just before the new term, adding billions of dollars of paper wealth to the family’s net worth.

Eric Trump and older brother Donald Trump Jr. are going even bigger. They recently announced plans to launch a U.S. dollar–backed stablecoin through their new venture, World Liberty Financial, and a new bitcoin mining company called American Bitcoin, co-founded with Hut 8 CEO Asher Genoot.

Eric Trump described his entry into crypto not as a financial bet, but as a form of resistance, and said the move began during what he calls the “war on the industry.” Banks were closing accounts, the SEC was cracking down on exchanges, and crypto users were being “debanked” for simply holding coins, he said.

“They were going after people,” he said. “They were suing everybody. Banks were closing down people that just wanted to own bitcoin.”

That’s when Eric Trump said he started associating with like-minded people in and around crypto.

“At this point, I know almost everybody in the industry in some way, shape or form,” he said. “I fell in love with the industry, you know, a few years ago, and really dove head in.”

At World Liberty Financial, the Trump brothers are backing a stablecoin play aimed at competing with players like Tether. Eric Trump didn’t have a specific answer when asked how the project would stand out in a crowded field, saying only, “We’re gonna do it better, cheaper, faster, and we’re gonna do it with a lot of passion.”

Read more about tech and crypto from CNBC Pro

Meawhile, he’s working with Genoot to stand up American Bitcoin, a new mining venture that aims to scale quickly, and possibly go public.

Genoot told CNBC he connected with the Trump kids through mutual friends and began trading stories about their paths into crypto, leading to a business alliance.

Genoot said the company is being separated from Hut 8’s broader energy and artificial intelligence infrastructure platform.

“We’re actually carving out the majority of our assets,” Genoot said. “We’re putting them into American Bitcoin.”

Eric Trump, who is co-founder and chief strategy officer of American Bitcoin, said “every single sophisticated country is using their excess power to mine bitcoin.”

Though his family is closely linked to the current administration’s pro-crypto stance, Eric Trump said he has no role in policy and no contact with the White House. His dad’s presidency was heavily funded by the crypto industry and, since returning to the White House, President Trump has rewarded his backers, signing an executive order to create a strategic bitcoin reserve, and pardoning Silk Road creator Ross Ulbricht as well as the three co-founders of the BitMEX crypto exchange.

“I don’t have anything to do with government, and frankly, I don’t want anything to do with government,” Eric Trump said.

But he made clear that the U.S. needs a regulatory framework that allows crypto to thrive.

“You better believe that China is running very hard at this. The entire Middle East is running very hard,” he said. “We won the space race. We better win the crypto race.”

WATCH: Eric Trump, Hut 8 CEO outline partnership to launch new bitcoin mining company

Eric Trump, Hut 8 CEO outline partnership to launch new bitcoin mining company: CNBC Crypto World

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Greenlane and Volvo’s bold plan to transform electric truck charging in the US

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Greenlane and Volvo’s bold plan to transform electric truck charging in the US

Greenlane is teaming up with Volvo Trucks North America to make charging heavy-duty electric vehicles (HDEVs) easier and more accessible.

The charging network developer is now integrated into Volvo’s Open Charge service, which gives Volvo customers streamlined access to Greenlane’s public chargers. This collaboration makes Greenlane the first official Charge Point Operator (CPO) in North America to partner with Volvo.

Greenlane is a joint venture between Daimler Truck North America, NextEra Energy, and BlackRock. It’s building a US-wide charging network for heavy-duty commercial vehicles, aiming to reduce costs and simplify switching to electric fleets.

Through Volvo Open Charge, Volvo customers now have real-time access to Greenlane’s network, which means easier access to public charging, centralized billing, and special perks. Fleets won’t have to spend big money on their charging infrastructure. Instead, they can plug into Greenlane’s growing network, which will help cut costs and operational headaches while extending range.

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Patrick Macdonald-King, Greenlane’s CEO, called the partnership “a first-of-its-kind collaboration to deliver public charging solutions tailored to the needs of medium- and heavy-duty fleets.” He said it’s all about making the shift to electric trucks smoother and keeping goods and services moving while progressing toward zero-emissions freight.

Greenlane’s flagship charging site is set to open in Colton, California, in April, with more than 40 publicly accessible chargers for everything from heavy-duty trucks to smaller electric vehicles. It’s part of a larger plan to build a network along the I-15 corridor, with stations roughly 60 to 90 miles apart. Future California locations are planned for Long Beach, Barstow, and Baker.

Greenlane and Volvo will continue integrating new membership features into Volvo Open Charge, such as booking reservations. By letting fleets tap into an existing public network, Greenlane’s services can make the transition to electric trucking less about building infrastructure and more about just getting trucks on the road.

Read more: Greenlane’s flagship electric charging truck stop to open in April


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