Energy & Climate

Energy & Climate

Efforts to Increases Taxes on Oil Producers in Alaska Might Not...

Originally published in Real Clear Energy

As Alaska slips deeper into a recession that began in mid-2014, lawmakers in the 49th state are wrestling with ways to close a $3 billion budget deficit caused, primarily, by an extended period of low oil prices. But increasing the tax burden on the government’s number one source of revenue when the industry is struggling with declining production, increased regulatory costs, and falling profits is likely to collect less, not more for the state’s treasury.

U.S. Conservatives Unveil Plan to Fight Climate Change

Published in National Geographic

“It’s good that people are trying to figure out a market-based approach, but on the political side… it’s pure fantasy,” says George David Banks, the executive vice president of the American Council for Capital Formation, a pro-business think tank. “Let’s just put aside the toxicity of a tax: what Republicans would need is taking away the EPA’s regulatory authority over greenhouse gases,” he adds. “Democrats won’t even go there.”

Backers of HFC pact drop climate angle, cast Kigali as a...

Published in Politico

"From a public messaging perspective, for the sake of the broader coalition, this a strategic trade initiative to advance U.S. competitiveness to help capture global market share, to help shut out the Chinese, and that provides environmental and climate co-benefits as well as co-benefits for economic development," said Dave Banks, executive vice president at American Council for Capital Formation, a nonpartisan group that aims to be a liaison between government and the business community.

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.

Climate change a bull’s-eye in the era of all-Republican rule

Published in E&E News

Dave Banks said he believes Trump could eventually focus on technological innovations like carbon capture and sequestration. Bush did something similar in his second term by promoting hydrogen cars, biofuels and energy efficiency. And Tillerson might be the leading voice in the administration, Banks said. The oilman accepts basic climate science, making him stand out among Trump and his other nominees.

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.

Obama’s Midnight OCS Withdraw Puts U.S. Security at Risk 

Originally published in Real Clear Energy

President-elect Trump can and should move swiftly to reverse those decisions of the current administration that make the United States less secure and more dependent on foreign sources for the energy needed to drive economic growth.

Trump Administration Offers an Opportunity to Correct Course on Energy Policy

Published in Real Clear Energy

Instead of declaring war on traditional energy resources, the new administration should pursue policies to ensure Americans have access to energy that is abundant, affordable, and with the least environmental impact. Support for advanced research and development can make sure those resources are used in increasingly cleaner and more efficient ways.

ACCF Encourages U.S. House to Support Energy Bill and Improvement of...

ACCF President and CEO Mark Bloomfield issued a letter to House Republicans encouraging them to support passage of the energy bill and language to improve DOE’s process for reviewing LNG export projects.

Congress should take the lead on our nation’s energy policies

Published in The Hill

As the year comes to a close, the debate over LNG exports and modernizing out energy policy is at a tipping point. Before the 114th Congress comes to a close, we encourage lawmakers to reconcile differences and send a final energy bill to the president for signing that includes overdue reforms to the DOE review process for LNG export licenses.

New Survey: Vast Majority of Environmentalists Want RFS Corn Ethanol Mandates...

With Incoming Trump Administration, Reforms to Ethanol Mandates Could Provide Early, Bipartisan Win

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.

The Presidential Politics of Energy Policy

Published in Real Clear Energy

Climate change is the new energy policy. President Obama has shifted the nation in recent years away from the abundance of oil and natural gas to cleaner, though more expensive, renewable energy sources.

E&E: Trump seeks ‘practical environmentalism’ in EPA chief

A longtime business associate of Donald Trump has two words for what the 2016 Republican presidential nominee wants in a U.S. EPA administrator.

Why a Price on Carbon Is Unlikely in the U.S. Anytime...

Published in Wall Street Journal

George David Banks cites a number of obstacles, starting with GOP opposition in Congress.

Climate is a top campaign issue. Just don’t say ‘Clean Power...

Published in E&E News

George “David” Banks, a former climate adviser under President George W. Bush, said the Clean Power Plan is “probably too much in the weeds.” He said Republicans will be more successful with anecdotes about how government red tape is hurting American businesses and families.