Authors Posts by George David Banks

George David Banks

George David Banks
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George David Banks is Executive Vice President at the American Council for Capital Formation. He is an economist, political consultant, and policy advocate, focusing on energy, environment, and trade. Banks has published reports and opinion editorials on a variety of policy issues, including climate change, civil nuclear power, and energy markets and trade. He is also a fellow at Columbia University’s Center on Global Energy Policy and a member of the ClearPath Foundation’s advisory board. Most recently, he served as President Donald Trump’s Special Assistant for International Energy and Environment at the National Economic and National Security Councils – a position that required him to manage workstreams related to his portfolio across the federal government.

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.

U.S., Republic of Korea Nuclear Cooperation Benefits Both Countries

With more than 50 years of peaceful nuclear energy cooperation and friendship, Washington should demonstrate that close bond by considering requests from Seoul to expand the terms of bilateral cooperation in civilian nuclear energy. With the decline of its own domestic civil nuclear program, the United States needs Seoul’s strategic vision and prowess to help maintain an influential voice in global nonproliferation and nuclear safety matters.

Exxon didn’t oppose sanctions – it opposed unilateral sanctions

Published in The Hill

George David Banks sets the record straight on Secretary of State nominee Rex Tillerson.

The U.S.-Republic of Korea Nuclear Relationship – An Indispensable Alliance

With the decline of its own civil nuclear program, the United States needs ROK’s nuclear prowess to strengthen its own market position and help uphold its nonproliferation and safety goals, especially with the looming threat of a Chinese commercial nuclear monopoly. Furthermore, the ROK provides the United States with additional foreign commercial opportunities and critical added investment.

USA Today Viewpoint: Trump’s Instincts on Russia Are Correct

Published in USA Today

As America allied with the Soviet Union to defeat Nazi Germany, Washington should seek similar cooperation with Moscow to defeat ISIL.

Clinton Misses Point of Trump’s Tweet on China’s Climate “Hoax”

Published in Real Clear Energy

Conspiracy theories abound in the world of climate politics.