World Resources Institute

Right.

The World Resources Institute argues it's actually the other way around.

Restricting clean energy is what's raising costs.

The nonpartisan think tank Energy Innovation found that in recent years, the cost of producing coal power in the U.S. has increased faster than inflation.

Despite these hitches, the two-week conference, the 24th Conference of the Parties of the United Nations Framework Conference on Climate Change, known as COP24, finally ended in some sort of clarity, at least on some of the key building blocks for putting the Paris Agreement into action.

David Waskow of the World Resources Institute said the final deal was a good foundation for countries to go about implementing the Paris Agreement.

He added it sets the direction of travel and will spur countries to take action.

Now countries need to go home and do their homework by increasing their commitments on emissions.

This is when Hillary Clinton is the secretary of state under the federal advisory committee act.

Uh, it's meeting recorded, um, identifies participating organizations, including transparency international, the American enterprise Institute, international budget, uh, World Resources Institute, Human Rights First and the AFL-CIO being on an advisory committee with Hillary Clinton on how to elevate social civil society and their recommendations essentially above governments and forcing governments to comply.

In September 23, 2013, Barack Obama came out and reported a five hundred million dollar Taxpayer-funded investment into civil society, NGOs starting in 2013 across development sectors, and protection of threatened organizations such as Open Society, Gates Foundation, Democracy Fund, all of these.

It reported working groups at more than 40 diplomatic posts.

And buses were ground down here.

There's been efforts by folks like CalSTART and WRI, the Electric School Bus Initiative, to try and find solutions for folks that have these buses that are no longer under warranty.

There's no warranty service, getting parts, the maintenance on them.

Well, there was an investigation launched actually earlier this year into the former ownership of Lion Electric, basically Mark Bedard and his fellow investors that looked at what was deemed some improper selling of shares, some insider trading maybe.

No, but I mean, yeah, absolutely.

But I mean, I was telling a colleague, Sean, that in the beginning of my career, I remember seeing a WRI report that was quite ingenious in identifying how it could pay off for european car manufacturers to move towards more fuel efficient standards and you now see 20 years later when say german car manufacturers have been caught off guard by essentially doubling down on yeah uh quite standard cars and are now being outcompeted by by by the chinese uh on evs for example so i i think it it What people need to realize is that if you put your head in the sand and continue business as usual, you may also be cut apart.

And obviously you don't want to pay upfront, but you also don't want to pay afterwards, especially if that bill ends up to be higher.

And I also think there is, to your point, more and more data available, and that data can also be translated into standard financial metrics, meaning how would a climate risk translate into impacts on EBITDA, for example, or on future sales.