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Grantees are expected to submit an initial report describing their project within one month of receiving funds. The report should then be updated as the project produces results and upon it's final completion.

  Brookings
Solving the Climate Crisis through Regulations and Markets
This project will explore various aspects of climate change through the interplay of regulations and markets with important implications for climate policy.
  • Investigates the causes of economic imbalances.
  • Investigates the effect of the global financial system and/or the monetary system in fostering a sustainable economy.
  • Investigates causes tending to destroy or impair the free-market system.
  • Explores and develops market-based solutions.

  • How can U.S. financial market supervisors incorporate climate considerations into their responsibilities?
    This project will explore what the U.S. financial market regulators could or would say as they engage in the Network for Greening the Financial System and other processes like it. The policy research paper emerging from this expert discussion will inform current and future policymakers, investors, banks, and other stakeholders about how the international dialogue on climate as a financial risk translates to the United States. For example, the paper will explores issues such as how U.S. institutions could assess the risks of a low carbon transition on greenhouse gas-intensive firms when a regulatory approach to reducing emissions in the U.S. has not yet been adopted. The research will lay out options and describe their advantages and disadvantages.
  • Investigates the effect of the global financial system and/or the monetary system in fostering a sustainable economy.
  • Investigates causes tending to destroy or impair the free-market system.
  • Explores and develops market-based solutions.

  • Addressing Climate Change through Public Policy and Markets
    Climate change is one of the most important challenges mankind is facing and it is therefore important to find ways to address it through regulation and harnessing the power of markets. Together the two projects we propose, will focus on this challenge by seeking to understand the underexplored issues related to the climate crisis and by exploring potential avenues for policy change.
  • Investigates the causes of economic imbalances.
  • Explores and develops market-based solutions.
  •   Center for Sustainable Economy
    Fossil Fuel Risk Bonds – a multi-state strategy
    With generous support from the Alex C. Walker Foundation in 2021, CSE and its partners succeeded in leveraging detailed assessments of the economic and physical risks of fossil fuel infrastructure in King County Washington, Multnomah County, Oregon and the City of Portland as well as legislation in both states to begin the process of shifting those risks away from taxpayers and onto fossil fuel corporations in line with the international ‘polluter pays’ principle. A renewed commitment from the Walker Foundation in 2022 will help CSE and its partners participate in the various decision-making processes jumpstarted by our successful efforts last year to ensure that they are carried out in accordance with law, best available science and economics, and result in the maximum amount of financial responsibility now shouldered by taxpayers shifted back to the owners of fossil fuel infrastructure.
  • Investigates the causes of economic imbalances.
  • Investigates causes tending to destroy or impair the free-market system.
  • Explores and develops market-based solutions.

  • US Forest Carbon Pricing Initiative
    With funding from Walker Foundation, CSE will advocate for inclusion of the logging and wood products sector in federal, state, and local climate action plans and regulation of this sector’s climate impacts through market-based solutions. At the federal level, our work will take advantage of opportunities created by Executive Order 140008, the pledge to end deforestation and forest degradation by 2030 and carbon pricing bills in Congress. At the state level, we will focus efforts on executive actions by governors in North Carolina, Maine, Oregon and Washington. The Forest Carbon Coalition, co-directed by CSE, will mobilize scientific, community, and conservation organizations to promote climate action agendas at both the federal and state level that includes accounting for logging and wood products sector emissions, a forest carbon tax and reward program, redirection of harmful subsidies, and ecosystem service markets as an alternative to timber to finance public schools and services.
  • Investigates the causes of economic imbalances.
  • Investigates causes tending to destroy or impair the free-market system.
  • Explores and develops market-based solutions.

  • Fossil Fuel Risk Bonds – a multi-state strategy
    With funding from the Walker Foundation, CSE will build out our successful Fossil Fuel Risk Bond (FFRB) work by monitoring progress of jurisdictions that have already embraced the program, providing expert support to these jurisdictions, and working closely with state and national level partners to get FFRB programs adopted at the national level and in key states and counties. The fossil fuel risk bond policy, incubated at CSE, provides a tool for state and local governments to begin to hold the fossil fuel industry accountable for the costs of its toxic infrastructure and climate change. FFRB programs have two basic strategies for doing this: (1) financial assurance mechanisms to hold individual owners of fossil fuel infrastructure accountable for the costs of accidents, spills, catastrophic explosions and abandonment of facilities, and (2) surcharge-based fossil fuel risk trust funds to provide badly needed funding for climate adaptation, mitigation, and climate disaster response.
  • Investigates the causes of economic imbalances.
  • Investigates causes tending to destroy or impair the free-market system.
  • Explores and develops market-based solutions.

  • US Forest Carbon Pricing Initiative
    With funding from the Walker Foundation, CSE will work to transform industrial forest practices with a high climate impact to climate smart alternatives through market-based solutions. At the federal level, our work will focus on taking advantage of the many new opportunities created by the Biden-Harris Administration and the 117th Congress. The Forest Carbon Coalition, co-directed by CSE, will help mobilize scientific, community, and conservation organizations to support an agenda that includes accounting for logging and wood products sector emissions, a forest carbon tax and reward program, and redirection of harmful subsidies. CSE will also work with coalitions in place in Oregon, Washington, North Carolina and Maine to promote these market-based solutions as essential components to state-level climate action plans. In addition, CSE will prepare and submit a manuscript on our forest carbon tax and reward program to a leading peer-reviewed journal.
  • Investigates the causes of economic imbalances.
  • Investigates causes tending to destroy or impair the free-market system.
  • Explores and develops market-based solutions.
  •   Climate Protection and Restoration Initiative
    Compelling GHG Pollution Phase Out Under Existing US Law
    Administrative & public advocacy, research, and legal action as warranted, to secure a strong federal rule pursuant to the Toxic Substance Control Act (TSCA) aimed at phasing out GHG pollution and compelling major sources to remove or pay to remove excess atmospheric CO2, initially incentivized by a rising carbon fee.
  • Investigates causes tending to destroy or impair the free-market system.
  • Explores and develops market-based solutions.
  •   Climate Science, Awareness and Solutions
    Research and publication of a book "Sophie's Planet" on the latest climate science and solutions to emission reduction.
    Climate Science, Awareness and Solutions (CSAS), led by Dr. Hansen, formerly Director of NASA Goddard Institute for Space Studies, has worked on promoting climate awareness and advocating policy actions for years. Recent science results and decades of experience in climate change have spurred Dr. Hansen to complete his second book, Sophie's Planet, which is expected to be published later this year. The book will clearly describe the most up-to-date climate science, and the threat this poses to young people and future generations. Energy science must be treated on par with climate science, as it is our energy choices that drive human-caused climate change. Rigorous use of the scientific method is crucial for defining and quantifying policy options. We cannot allow ideology to taint description of policy options to curb carbon emissions and transition to clean energy. In order to continue our work and for Dr. Hansen to complete this book, we need near-term support.
  • Explores and develops market-based solutions.
  •   Climate XChange Education and Research Inc
    Support for Climate XChange & The State Climate Policy Dashboard
    This application is to support Climate XChange's efforts to put forth market-driven solutions to climate change. The SCPN is the primary vehicle through which CXC is able to support and inform decision makers working towards a clean energy future through market-based mechanisms. Funding will provide added resources to the direct technical support, research and data analysis, and advocacy efforts that enable our network of 16,500 state climate leaders to push forward sensible and just policy solutions to climate change.
  • Investigates causes tending to destroy or impair the free-market system.
  • Explores and develops market-based solutions.
  •   Good Energy Collective
    Equity Impacts of Clean Energy Policy Design
    Good Energy Collective (GEC) will analyze the effects of clean energy policies on energy prices to further understand the impact on inequality and the short-term feasibility of decarbonization policies in a period of growing inflationary concerns. In tandem, GEC will analyze the effects on marginalized communities of insufficient baseload energy resources and how different energy policies may be eroding reliability.
  • Investigates the causes of economic imbalances.
  • Investigates causes tending to destroy or impair the free-market system.
  •   Institute for Justice
    Ending Civil Forfeiture and Protecting Private Property
    Civil forfeiture is the ability of law enforcement to seize private property—such as homes, cars, and cash—on the mere suspicion that it was involved in a crime with no conviction or arrest required. The Institute for Justice works to counter this unconstitutional practice through litigation, strategic research, legislative reform, and communications.
  • Investigates causes tending to destroy or impair the free-market system.
  •   National Wildlife Federation
    Wildlife Conflict Resolution Program 2021
    The National Wildlife Federation’s (NWF) Wildlife Conflict Resolution program (WCR) resolves conflicts between wildlife and livestock through the market-based approach of compensating ranchers for retiring high conflict grazing leases on federal land. In addition to helping restore populations of threatened wildlife, removing grazing from large acreages is a key strategy to restoring healthy, ecological functional landscapes. Thanks to over a decade of funding from the Walker Foundation, the WCR team has retired over 75 grazing allotments totaling over 1.5 million acres. Over 85% of these acres are in the Northern Rockies and has been credited as a significant element in a multi-decade effort to restore the ecological integrity of the Greater Yellowstone Ecosystem. In 2017 NWF launched the WCR Southern Rockies, Colorado Plateau and Great Basin state of Colorado program and a new element of our work in the coming year will be to support the reintroduction of wolves to the state.
  • Investigates the causes of economic imbalances.
  • Investigates causes tending to destroy or impair the free-market system.
  • Explores and develops market-based solutions.

  • Wildlife Conflict Resolution and Western Waters Program 2022/2023
    The NWF Wildlife Conflict Resolution program resolves conflicts between wildlife and livestock through the market-based approach of compensating ranchers for retiring high conflict grazing leases on federal land. Thanks to over a decade of funding from the Walker Foundation,we have retired over 75 grazing allotments totaling over 1.6 million acres. In 2017 NWF launched the WCR Southern Rockies, Colorado Plateau and Great Basin program and in the coming year we will pilot a new strategy in Grand Staircase-Escalante National Monument in southern Utah that we are describing as "AUM buy-downs." We are also launching the Western Waters Program that will largely focus on restoration of Colorado River Basin watersheds using beaver analog structures also known as Low Tech Process Restoration. This work will seek to institutionalize LTPBR in the Bureau of Land Management and to prioritize the retirement of grazing allotments that significantly impact downstream water quantity and quality.
  • Investigates the causes of economic imbalances.
  • Investigates the effect of the global financial system and/or the monetary system in fostering a sustainable economy.
  • Investigates causes tending to destroy or impair the free-market system.
  • Explores and develops market-based solutions.
  •   Niskanen Center
    Defending against eminent domain abuse by fossil fuel industries
    The explosion in U.S. shale gas and shale oil has caused an unprecedented building spree of oil and gas pipelines. Our concern is that massive investment in pipeline infrastructure may become the largest impediment to transitioning to renewable power. One of the ways to prevent this is by curtailing the ability of pipeline companies to use eminent domain to take property. Because Niskanen has a strong commitment to free market principles and the protection of property rights, it is perfectly situated to lead such legal efforts, and we believe it is extremely important for courts to hear from a pro-market, right-of-center organization that focuses on property rights issues around pipelines, and not exclusively on their environmental impacts.
  • Investigates the causes of economic imbalances.
  • Explores and develops market-based solutions.

  • Modeling the Impact of Carbon Tax Revenue Recycling
    A carbon price, or tax, is an essential part of a market-based approach to reducing greenhouse gas emissions. By pursuing original research on novel implementations of carbon pricing revenue swaps and reporting the results, our work will address the following goals of the Walker Foundation: "explore and develop market-based solutions" and "disseminate information on the results and findings."
  • Explores and develops market-based solutions.

  • Defending against eminent domain abuse by fossil fuel industries
    Pipeline companies are taking property from landowners by using eminent domain authority. Our goal is to litigate cases where favorable decisions could then be used as the basis of challenging pipelines across the country, including cases to establish that pipelines supplying LNG export facilities do not have eminent domain authority; challenging FERC’s practice of delegating its constitutional and statutory obligations to provide notice to landowners that a pipeline wants to take their property; challenging FERC’s authority to approve a pipeline before the pipeline has obtained other required federal approvals; challenging the industry practice of dubbing pipelines "intrastate" in order to avoid the more rigorous NGA review and permitting scheme; requiring pipelines that abandon a project to return land taken to property owners or at least restore it to its pre-construction state; and challenging the ability of pipelines to take possession of property before they pay for it.
  • Investigates the causes of economic imbalances.
  • Investigates causes tending to destroy or impair the free-market system.
  •   Our Children's Trust
    Atmospheric Trust Campaign
    We support legal actions and public education to secure the legal right to a healthy atmosphere and stable climate system at the federal, state and global domestic levels. See supplemental section for a description of specific actions.
  • Explores and develops market-based solutions.

  • Atmospheric Trust Campaign
    We provide strategic legal services to youth from diverse backgrounds to secure their legal rights to a safe climate. We work to protect the Earth’s climate system for present and future generations by representing these young people in global legal efforts to secure the legal right to a healthy atmosphere and stable climate. We support these youth in the third branch of government in a strategic legal campaign that includes targeted media, education, and public engagement work to support the legal actions. Our legal work – guided by constitutional, public trust, human rights laws and the laws of nature – aims to ensure systemic and science-based climate recovery planning and remedies at federal, state, and global levels. specifically in the form of systemic science-based Climate Recovery Plans and policies that will reduce atmospheric CO2 concentrations to below 350 parts per million before the year 2100: the scientific prescription for climate stabilization.
  • Explores and develops market-based solutions.
  •   Pricing Carbon Initiative Inc.
    Building Grasstops Support in 2021/2022 for Carbon Pricing
    In 2021-22, the Pricing Carbon Initiative (PCI) will continue with its efforts, launched in 2011, to build support, by fostering understanding and cooperation between a wide range of organizations and opinion leaders, for bipartisan carbon pricing solutions designed to drastically reduce greenhouse gas emissions. During the current pandemic, PCI is conducting the ongoing Pricing Carbon Dialogues in a virtual mode. Given how well this is working, the virtual meetings will likely continue even after our in-person meetings resume. PCI will also continue to organize related efforts designed to engage and encourage additional support, cooperation and participation.
  • Investigates the causes of economic imbalances.
  • Investigates the effect of the global financial system and/or the monetary system in fostering a sustainable economy.
  • Investigates causes tending to destroy or impair the free-market system.
  • Explores and develops market-based solutions.

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