Authors Posts by George David Banks

George David Banks

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George David Banks is a former employee of the American Council for Capital Formation. He is an economist, political consultant, and policy advocate, focusing on energy, environment, and trade.

Fox Business: Manufacturing Rebounds, Importance of Kigali Amendment

On Fox Business Varney & Company, ACCF Executive Vice President George David Banks highlights the rebound of American manufacturing and how the Kigali Amendment, an international "America First" agreement can help bolster industry and American jobs.

The leftward drift of oil market policies

Building stable energy trade relations means counting on major partners making rational decisions. Unfortunately, the United States finds itself sandwiched between the Canadian and...

Finally, some fairness in global reporting of greenhouse gas

A few weeks ago, the Trump administration scored a major diplomatic victory in international climate policy in the industrial city of Katowice, Poland. While this win won’t receive much attention in the headlines, Trump’s State Department achieved a decades-old foreign policy goal that helps protect U.S. manufacturing and levels the playing field against major economic competitors, particularly China.

As Donald Trump faces down Xi Jinping on trade, a vehicle emissions rule could...

We should restore the MAC credits and seek policy solutions that are consistent with an America First trade agenda. This would incent the use of innovative U.S. technology in a strategic industry for years to come.

Bolstering U.S. Corporate Governance Would Help Check China’s Dominance Agenda

President Donald Trump’s tariff diplomacy has provoked criticism at home and abroad. Contained within his policies, though, is an oft-overlooked focus on combating the...

West Lake Landfill: Another Pruitt decision that Wheeler should clean up

The Trump administration should follow a clear-eyed, non-politicized approach that protects workers and residents in the Show Me State and elsewhere from unnecessary exposure, illness, and decades of tragedy-based litigation.

Poorer and richer states shouldn’t be held to the same greenhouse gas standards

A rare coalition of environmental and industry groups as well as lawmakers from both sides of the aisle have launched a market-oriented plan for...

Kigali: An ‘America First’ trade initiative disguised as a climate deal

The Kigali Amendment to the Montreal Protocol, which is currently being considered by the Trump White House, represents a golden opportunity to further this strategy. It sets the pathway for international adoption of next generation American technologies to replace ozone depleting chemicals still in use by two thirds of the developing world, creating a cumulative $1-trillion market.

ACCF to President Trump: Back Kigali Amendment to Boost U.S. Competitiveness

  June 20 2018  The Honorable Donald J. Trump President of the United States 1600 Pennsylvania Avenue Washington, D.C. 20500  Dear President Trump:  On behalf of the undersigned organizations, we commend...

Bloomberg TV: Banks Discusses Role of Proxy Advisory Firms

ACCF Executive Vice President George David Banks recently sat down with @markets to discuss proxy advisory firms and the disconnect between big money managers...

Odds are Trump re-enters the Paris Agreement in 2020

In the end, the decision is in the president’s hands, but I place the odds of greater than 60-40 that President Trump, the dealmaker, scores a Paris political victory shortly before the 2020 election, thanks in large part to the flexibility that his predecessor gave him.

More Money, Fewer Woes if Climate Deal Target Met, Research Says

By Abby Smith A study is forecasting trillions in global economic benefits from meeting Paris climate agreement temperature targets, but many of the corporate boardrooms most...

Russia Wants to Take Advantage of America’s Declining Nuclear Sector

President Donald Trump’s call last June to revitalize America’s deteriorating civil nuclear program has taken on new importance. A few weeks ago, Russian legislators...

Banks: Trump Russia memo as fake as play money you buy at a toy...

Airing on CNBC “Power Lunch”

“As a former CIA analyst, I can say with complete confidence … that those leaked memos are as fake as the play money you would buy at a toy store,” George David Banks said in an interview with “Power Lunch” on Wednesday.

The Rise Of China’s Civil Nuclear Program and Its Impact on U.S. National Interests

Beijing’s civil nuclear program has made considerable growth in recent years. As early as 2000, China was considered a nuclear technology backwater with only three commercial reactors, compared to over 100 in the United States. Today, China has 35 reactors with 20 under construction. By 2030, it is projected to have 150 giga- watts of nuclear on line—roughly equivalent to Germany’s total capacity in electricity—while the U.S. nuclear fleet is expected to shrink by 20 percent or more. In little more than a decade, China could have twice the number of civilian reactors as the United States.

America Needs a Dealmaker Like Tillerson in the State Department

Published in Morning Consult

Exxon Mobil CEO Rex Tillerson’s view of global politics has been shaped by running one of the world’s largest, most sophisticated companies. With operations on six continents, Tillerson has had to strike deals and manage complex relations with dozens of countries and a wide range of leaders, based on pragmatism and mutually beneficial economic agreements.