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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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Genesis GV90 spotted in the US, offering a sneak peek at its ultra-luxe interior

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Genesis GV90 spotted in the US, offering a sneak peek at its ultra-luxe interior

The GV90 is set to raise the bar as the most luxurious Genesis SUV. If you thought the GV80 was impressive, wait until you see this larger, three-row electric flagship. After it was recently spotted in the US, we are getting our first glimpse of the ultra-luxe Genesis GV90’s interior.

First look at the Genesis GV90 interior in the US

Genesis previewed the flagship SUV at the NY Auto Show last March with the Neolun concept, which the brand refers to as its “ultra-luxe vision of luxury SUVs.”

It’s not only stunning on the outside, but the full-size SUV will introduce advanced new tech and upscale design features for “a whole new level of luxury.”

Drawing inspiration from Korean aesthetics, the interior is fit for royalty. The concept featured a “Royal Indigo” cashmere and a vintage-like “Purple Silk” leather. Genesis topped it off with dark-colored wood accents for an even more luxurious feel.

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After it was spotted in public in California, it looks like the interior of the Genesis GV90 will retain some elements from the concept.

The new photos, courtesy of The Korean Car Blog, offer a sneak peek at what we can expect when it arrives in production form.

You’ll notice that the color scheme remains largely the same, with purple accents on the door trim, seats, and other interior elements.

The GV90 will serve as the luxury brand’s tech beacon, featuring Hyundai Motor’s latest technology and software. A 24″ infotainment system will sit at the center with navigation and voice command recognition.

It will also feature a 3D audio experience with tweeters, midrange speakers, woofers, and subwoofers strategically placed, creating an immersive audio experience. The iconic Crystal Sphere is not only a centerpiece, but it will also serve as a hi-fi tweeter speaker.

According to Luc Donckerwolke, Genesis’ chief creative officer, the concept is “the epitome of timeless design and sophisticated craftsmanship.” Do you agree?

With GV90 models now in public testing, Genesis appears to be on track to launch the flagship SUV in mid-2026. Earlier this month, we got a closer look at the exterior after it was caught testing at the Nürburgring with less camo.

More details, including prices and final specs, will be revealed closer to launch. However, it is expected to ride on Hyundai’s new eM platform, which will replace its current E-GMP.

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SEC drops Binance lawsuit, ending one of last remaining crypto enforcement actions

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SEC drops Binance lawsuit, ending one of last remaining crypto enforcement actions

Jakub Porzycki | Nurphoto | Getty Images

The SEC has formally dropped its lawsuit against Binance and founder Changpeng Zhao, bringing an end to one of the last remaining crypto enforcement actions brought by the agency.

In a Thursday filing in the U.S. District Court for the District of Columbia, lawyers for the SEC and Binance jointly moved to dismiss the case, which was first brought in June 2023.

The original complaint accused the crypto exchange of violations including illegally serving U.S. users, inflating trading volumes, and commingling customer funds. The agency also claimed that Binance unlawfully enabled trading in crypto assets it viewed as unregistered securities, an argument that was also used against Coinbase, Kraken, and others under prior SEC leadership.

The dismissal marks a symbolic end to one of the most aggressive crypto crackdowns in U.S. history, and comes as the Trump administration makes a concerted effort to prove that it’s an ally to the industry. The Justice Department has already shut down its crypto enforcement team, and the Commodity Futures Trading Commission is now set to be led by a venture capitalist with close ties to crypto.

Binance is the largest digital assets exchange in the world by volume. It recently forged ties with World Liberty Financial, a project that aspires to be a crypto bank and funnels 75% of profits to entities linked to the Trump family. Binance is taking a $2 billion investment from the Emirati state fund MGX entirely in USD1, a stablecoin newly launched by the World Liberty team.

Binance and World Liberty are also deepening their footprint in Pakistan, where WLF co-founder Zack Witkoff, the son of U.S. Middle East envoy Steve Witkoff, recently struck a deal with the government. Around the same time, Zhao was appointed as an adviser to Pakistan’s newly formed Crypto Council, a state-backed body tasked with shaping national digital asset policy.

Binance CEO Richard Teng discusses U.S. crypto adoption at the Digital Asset Summit

The SEC was the last major regulator still pursuing Binance after a $4.3 billion settlement with the U.S. government last year that saw Zhao plead guilty and step down as CEO, while avoiding jail time and retaining much of his wealth.

The agency’s motion to dismiss was granted with prejudice, meaning the SEC can’t refile the same claims.

Under the SEC’s new leadership, the agency has shifted away from enforcement and toward engagement and regulatory rollback. It’s held a series of roundtables led by Commissioner Hester Peirce and newly appointed Chair Paul Atkins.

The SEC has also begun dismantling key rules that once kept Wall Street on the sidelines. In January, it scrapped Staff Accounting Bulletin 121 — a controversial directive issued under former Chair Gary Gensler that forced banks to count crypto holdings as liabilities on their balance sheets. Peirce celebrated the reversal on X, posting, “Bye, bye SAB 121! It’s not been fun.”

In February, the agency followed up with new guidance indicating that it doesn’t view most meme coins as securities under federal law, providing a boon to the Trump family.

President Trump and several of his family members are closely tied to crypto ventures, including the $TRUMP token, which launched just before his January inauguration. The coin currently boasts a market cap of about $2.4 billion, with its website claiming that 80% of the supply is held by the Trump Organization and affiliated entities.

WATCH: President Trump holds controversial private dinner for top investors in his meme coin

President Trump holds controversial private dinner for top investors in his meme coin

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GM takes over as the ‘#1 EV seller’ in Canada

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GM takes over as the '#1 EV seller' in Canada

After its electric vehicle sales more than doubled in the first quarter, GM claims it’s now the “#1 EV seller” in Canada. With a full lineup of 13 all-electric vehicles, GM sold more EVs than Tesla in Canada.

GM tops Tesla to become the #1 EV seller in Canada in Q1

GM’s electric vehicle sales in Canada surged by 252% in the first three months of 2025, with new Chevy and Cadillac models driving growth.

The Chevy Equinox EV led the way with 1,892 units sold, followed by the Silverado EV with 894 units. Cadillac’s new entry-level OPTIQ had a strong showing, with 615 models sold, nearly matching the 720 units sold of its first EV, the LYRIQ.

Even the GMC Hummer EV Pickup and SUV saw more demand, with sales up 232% (186) and 88% (252), respectively.

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Combined, the automaker sold a total of 5,750 EVs in Q1. According to GM, this was enough to top Tesla to become “the #1 EV seller in Canada.”

GM Canada recently posted on social media, saying, “We claimed the top spot as Canada’s #1 EV seller!” The news comes as registration data show that Tesla registered just 524 vehicles in Quebec in Q1, down 87% from the same period last year.

The steep decline in sales comes after the Quebec government paused federal EV incentives from February to April 1st. Canada also paused its iZEV rebate program in January, which offered up to $5,000 on the purchase or lease of an EV. Like the US federal EV Tax credit, it was designed to be used at the point of sale to help lower prices.

GM-#1-EV-seller-Canada
Chevy Equinox EV LT (Source: GM)

GM also registered significantly fewer Equinox and Blazer EVs in Quebec during the quarter. Despite higher year-over-year (YOY) sales, GM’s electric vehicle (EV) sales were down considerably from the over 15,000 in Q4 2024.

GM-#1-EV-seller-Canada
Cadillac OPTIQ EV (Source: GM)

The American automaker will continue to expand its lineup with the launch of the new Cadillac Escalade IQL, Lyriq-V, and Visiq.

By the end of the year, we also expect to get our first look at the next-gen Chevy Bolt EV with deliveries starting in 2026.

Electrek’s Take

GM is building momentum with new models rolling out, which now cover nearly every segment. In the US, GM surpassed Ford and Hyundai Motor, including Kia, to become the second-largest seller of EVs last year.

Chevy is now the fastest-growing EV brand in the US. The new electric Equinox, or “America’s most affordable 315+ miles range EV,” as GM calls it, is quickly becoming a top seller. The Blazer and Silverado EVs are also gaining traction.

Cadillac reported its best first quarter since 2008, with retail sales increasing by 21%. After delivering the first models in Q1, the entry-level OPTIQ is off to an impressive start with 1,716 units sold.

GM will top off its US electric vehicle lineup with the next-gen 2026 Chevy Bolt EV due out later this year or in early 2026.

Source: GM Authority, GM Canada

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