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An insightful look at nuclear power
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Fossil fuels will win big if Illinois can t pass an energy bill including nuclear power this year
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Long-term US-China liquefied natural gas trade will bring strategic benefits to both countries
Blue colored hull large liquefied natural gas (LNG) carrier with four LNG tanks sails along the sea. (The Mariner 4291/Shutterstock)
Despite a wide range of challenges within the US-China relationship, liquefied natural gas (LNG) trade is one of the few areas that brings strategic benefits to both countries. In the United States, building and operating LNG infrastructure provides significant economic benefits to communities across the country. Internationally, to achieve the Biden-Harris administration’s global climate ambitions, cooperation between the United States and China on cleaner sources of fuel will not only have the highest impact on reducing global carbon emissions, but will also encourage other countries to adopt more ambitious climate commitments. In China, the long-term supply of US LNG supports Beijing’s climate and air quality goals by replacing coal with much less car
Increasing ESG practices can help Asia reach goals of carbon neutrality
Asia-Pacific stock market data on LED display screen (Pavel Bobrovskiy/Shutterstock)
Since Larry Fink of BlackRock wrote to the world’s CEOs in 2020 advocating for sustainability as a new standard for investing, corporate enterprises around the world have faced increased pressure to improve their environmental, social, and governance (ESG) profiles. Many Western companies, including Microsoft, Apple, Salesforce, and Delta have followed through, pledging to become carbon-negative or neutral, sending a clear signal that the private sector needs to fulfill its roles in solving the health, climate, and biodiversity crises. However, in general, East Asian companies have not exhibited the same corporate ambition and commitment to environmentally and socially sustainable investment. For example, among major stock markets, China’s CSI 300 companies received the lowest ranking in Bloomberg’s ESG disclosure.