Earth Track Blog
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Earth Track Blog features stories including; Why fossil fuel subsidies matter, Oil for nothing and gas for free, and many more. Earth Track works to develop comprehensive and accurate information on government interventions that harm the environmental quality, with a primary focus on energy markets. The interventions can act either as subsidies or as taxes.
Earth Track Blog
1M ago
August 15, 2019 - 9:23am Nuclear economics remain underwhelming, but the creative ways the industry pursues to shift risks onto others and to seek new subsidies for themselves continue unabated. Here's a run-down of a few recent developments. 1) NRC approves sale of closed Pilgrim nuclear reactor to Holtec. After studying ..read more
Earth Track Blog
1M ago
August 23, 2021 - 10:55am While the country, and indeed the world, struggles to contain the risks of catastrophic climate change it's easy to forget that the US has subsidized fossil fuel production for more than a century, and that we continue to do so. To assess how these subsidies affect domestic industry, Earth Track ..read more
Earth Track Blog
1M ago
January 12, 2023 - 1:15pm Our op-ed, Tax Expenditure Scrutiny Can End Trillion-Dollar Political Game, was published in Bloomberg Tax today. I wrote the piece jointly with Flurim Aliu and Agustin Redonda at the Council on Economic Policies in Zurich. Flurim and Agustin lead a hugely important effort to build a global database ..read more
Earth Track Blog
1M ago
March 20, 2023 - 4:06pm Last October, I wrote about the way that arcane statutory language on what tax breaks needed to be reported in Texas resulted in the largest tax subsidy to oil and gas in the state not being reported at all. Specifically, if a particular tax does not comprise 5% or more of the state's revenues ..read more
Earth Track Blog
1M ago
April 25, 2023 - 10:58am Many thanks to Auden Schendler, SVP of Sustainability at the Aspen Skiing Company for the invitation to talk about energy subsidies as part of their Aspen U Speaker Series. The event was also sponsored by the Aspen Center for Environmental Studies, Protect Our Winters, and Audi. The event gave me a ..read more
Earth Track Blog
2M ago
March 20, 2023 - 4:06pm Last October, I wrote about the way that arcane statutory language on what tax breaks needed to be reported in Texas resulted in the largest tax subsidy to oil and gas in the state not being reported at all. Specifically, if a particular tax does not comprise 5% or more of the state's revenues ..read more
Earth Track Blog
5M ago
January 12, 2023 - 1:15pm Our op-ed, Tax Expenditure Scrutiny Can End Trillion-Dollar Political Game, was published in Bloomberg Tax today. I wrote the piece jointly with Flurim Aliu and Agustin Redonda at the Council on Economic Policies in Zurich. Flurim and Agustin lead a hugely important effort to build a global database ..read more
Earth Track Blog
8M ago
October 13, 2022 - 9:51am OverviewTexas’ Tax Exemptions & Tax Incidence report is missing the largest individual tax break to oil and gas in the state. This provision reduced taxes on the industry by $1 billion in 2022 according to analysis by the Texas Comptroller of Public Accounts that was provided in response to a public ..read more
Earth Track Blog
8M ago
September 23, 2022 - 4:37pm Harvard Management Company (HMC) manages the Harvard portfolio, including asset allocation, manager selection and performance evaluation. As part of the University's commitment for the endowment to be net zero by 2050, HMC publishes an annual Climate Report on the progress it is making, the second ..read more
Earth Track Blog
10M ago
September 18, 2019 - 10:37am As the manager of the largest university endowment in the world, Harvard Management Company (HMC) faces significant challenges. The investment returns are what enable Harvard University to grow, hire top-quality professors, and cover tuition for bright students from all over the world regardless of ..read more