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Saudi Arabia’s recent moves into the liquefied natural gas (LNG) market may be a sign the giant oil exporter is looking to expand into a rapidly growing and politically influential market it had long ignored.
Hear in-depth conversations with the world’s top energy and climate leaders from government, business, academia, and civil society.
From oil pipelines crossing the border to integrated electricity grids, energy trade has long been a key part of the economic relationship between the United States and Canada....
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The relationship between the US and Canada, each of which is the other’s principal source of imported energy, has become increasingly fraught in recent months. Canada and the...
For years, Washington State has been a battleground over carbon pricing, with advocates of the idea suffering one defeat after another. But that’s no longer the case now that the state legislature has passed a cap-and-trade bill that some supporters say will set the gold standard for addressing climate change in the United States.
In this edition of Columbia Energy Exchange, host Bill Loveless is joined by Mike Stevens, the Washington State director of The Nature Conservancy, a global environmental organization and one of the key players in the passage of the new Climate Commitment Act.
The bill is designed to reduce Washington State’s carbon emissions to net zero by 2050 through increasingly stringent restrictions on the state’s 100 biggest sources of emissions. They include refiners, gas utilities and Boeing, the world’s largest aerospace company.
If Governor Jay Inslee signs the bill as expected, Washington will become the second state after California with a comprehensive cap-and-trade system.
Once it takes effect in 2023, the Washington measure is forecast to raise $460 million in its first full year and at least $580 million annually by 2040, according to a report in the Seattle Times. That’s money that would be spent on a broad range of activities that include restoration of marine and fresh waters, forest health, renewable energy and public transportation. Some would be set aside to assist workers and low-income residents move to a clean-energy economy.
It’s those plans that prompt supporters of the measure to call it “cap and invest” rather than cap and trade.
Mike has headed the Washington State chapter of the organization since 2012. He brings more than 20 years of experience in conservation, sustainable agriculture and field science to his role as state director. Previously, he was a western sheep rancher and land manager.
Mike and Bill talked about the elements of this new law and how they would work, as well as the political dynamics that enabled success for its supporters after so many setbacks. They also delve into some of the features of this bill that distinguish it from other carbon proposals. Among them is a focus on environmental justice.
From oil pipelines crossing the border to integrated electricity grids, energy trade has long been a key part of the economic relationship between the United States and Canada....
After more than three years of intense fighting following Russia's invasion of Ukraine in February 2022, the path to end the war has been challenging. President Trump has...
As President Biden’s national security advisor, Jake Sullivan laid out a strategy for what he called a “foreign policy for the middle class.” Using the metaphor of a...
It’s hard to overstate how consequential President Trump’s “Liberation Day” tariffs have been for American economic policy. While the administration has paused the steep reciprocal tariffs it announced...
Saudi Arabia’s recent moves into the liquefied natural gas (LNG) market may be a sign the giant oil exporter is looking to expand into a rapidly growing and politically influential market it had long ignored.
On April 30, 2025, the United States and Ukraine signed a long-anticipated economic partnership agreement establishing the US–Ukraine Reconstruction Investment Fund.
The Trump administration may release a blueprint for a US sovereign wealth fund (SWF) in early May after the president signed an executive order in February giving the Secretary of the Treasury and the Secretary of Commerce 90 days to develop a plan.
President Donald Trump’s second term has begun with sweeping changes, just as the candidate promised: tariffs instituted against allies and adversaries alike, budgets and programs cut, and entire agencies shuttered.
