Todd N. Tucker Profile picture
Oct 21, 2021 8 tweets 3 min read Read on X
Report from @rhodium_group: even without a fee on methane emissions, Clean Electricity Performance Program (CEPP), repeal of fossil fuel subsidies, or a carbon tax, the US can meet its climate objectives with rest of 2 packages and aggressive regulation.
rhg.com/research/us-cl…
But it will require every branch and level of government to go big, if we are to eliminate the equivalent of a range of four Californias to three Texases by 2030.
The authors do not mince words: "Closing the emissions gap will be one of the most challenging things the US has ever attempted."
Report assumes that these policies stay in the bipartisan and Build Back Better bills.
Report also assumes that authorities from the New Deal's Commodities Credit Corporation, to Nixon's Clean Air Act, to Ford's Energy Policy and Conservation Act, are used to the hilt.
The report notes the legal risks involved in the enterprise.
US states are also going to have to play a major role.
Finally, the report notes some additional novel steps that could be taken under procurement laws, the Clean Air Act's rules around US international commitments, and more.

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More from @toddntucker

May 14
NEW from me @rooseveltinst:

Why This Matters: Section 301 Tariffs on Electric Vehicles.

The White House just announced new trade restrictions on a variety of Chinese imports.

What's this all about?

A thread🧵🧵🧵

rooseveltinstitute.org/2024/05/14/sec…
Section 301 is an important component of US trade laws going back to 1974.

It gives the US government additional tools to use when trade agreements aren't as effective as they need to be.
crsreports.congress.gov/product/detail…
Image
This is the result of a 4 year review since the beginning of the Biden administration, which has been evaluating whether various Chinese policies comport with US trade laws.

The conclusion: they have not, and there are new concerns to boot.
whitehouse.gov/briefing-room/…
Read 17 tweets
Apr 11
Fantastic panel @HarvardMWC on lessons we can learn from global experiences with industrial policy, with @rodrikdani @straightedge @myrto_kaloup and @rohlamba.

Myrto talking Chinese shipbuilding excess capacity. Has 50-70% market share today. Image
Conference organized by @Rohan_Sandhu. Details here.
hks.harvard.edu/centers/wiener…
@Rohan_Sandhu Myrto says Chinese shipbuilding not efficient when taken on their own, but had clear benefits in terms of outward exports / lowering transportation costs / enhancing military capacity.
nber.org/papers/w26075
Read 23 tweets
Apr 3
NEW from me @RooseveltFwd: How Biden's comments on US Steel's tie up with Japan's Nippon company indicate what a Foreign Policy for the Middle Class might look like in practice.
rooseveltforward.org/2024/04/03/bid…
The idea of reorienting foreign economic policy to build labor power and combat inequality was articulated by @JakeSullivan46 @jennifermharris and others in a series of essays and reports in 2019-20.
foreignpolicy.com/2020/02/07/ame…
This doesn't mean that traditional diplomacy has to die out. Indeed, as @dimi and @KanaInagaki report, even after Biden's comments, the US and Japan are slated to make the biggest upgrade to their alliance in 60 years.
ft.com/content/df9999…
Read 10 tweets
Mar 25
BREAKING from @AP: @Energy agency announces $6 billion to slash emissions in industrial facilities.

@JenMcDermottAP @anniesartor @SecGranholm @alizaidi46 and me on why this is game changing, and could allow the US to catch up/ lead on industrial decarb.
apnews.com/article/climat…
The mix of projects funded here is exciting, including a range of technologies to be deployed by US leader @CLE_CLF, and even projects by Sweden's SSAB.
energy.gov/oced/industria…
For more on the history of Sweden's investments in green steel, read @JonasAlgers @rooseveltinst here.
rooseveltinstitute.org/publications/l…
Read 6 tweets
Jul 27, 2023
"EVEN IF YOU’RE CONVINCED that unionized labor is sclerotic and expensive and an impediment to production, cutting them out creates the very real risk of losing the coalition necessary to sustain green industrial policy."
@ddayen responds to @ezraklein.
prospect.org/economy/2023-0…
I am sympathetic to Klein's wish to live in a society with more corporatist labor arrangements.
https://t.co/5jiumaovWrnytimes.com/2023/07/16/opi…
Image
Here's a report about the corporatist ideal, along with ideas at the margin to move towards that goal.
rooseveltinstitute.org/publications/s…
Read 21 tweets
May 28, 2023
Want government that builds super fast, without the pesky guardrails of civil society input, local government consultation, or environmental or safety permitting?

Ladies and gentlemen, Erdogan's Turkey.

Via @suzyhans @NewYorker.
newyorker.com/magazine/2023/…
The last 70 years of development economics has been technocrats & engineers slowly learning that you can't wish away politics and institutions. If your developmental strategy can't work politically and institutionally, it can't work.

See @Isabel_Estevez_.
rooseveltinstitute.org/publications/u…
That's why @ddayen's framework @TheProspect of A Liberalism That Builds Power is so useful. If you try to Either/Or your way through economic development or (countervailing) power-building, you could end up with neither.
prospect.org/economy/2023-0…
Read 10 tweets

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