Horizons No. 19: “Building Forward Better After the Rain”

THE LEADERS of the major powers are on the cusp of shifting the thrust of their domestic deliberations away from combating the effects of the COVID-19 pandemic. They have determined that previously adopted emergency measures are bearing enough fruit to warrant concentrating on the day after—perhaps …
Reforming global fossil fuel subsidies: How the United States can restart international cooperation

Globally, governments spend more than $500 billion on subsidies for fossil fuels that contribute to inefficiency, inequity, and negative externalities. Despite this obvious problem, efforts at reforming fossil fuel subsidies across the world have been piecemeal. If countries are to achieve the decar…