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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...
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Energy finance is transforming rapidly amid shifting political and economic dynamics in the U.S. and globally. As the landscape becomes increasingly complex, we will explore key legal insights,...
Why is the United States struggling to enact policies to reduce carbon emissions? Conventional wisdom holds that the wealthy and powerful are to blame, as the oligarchs and corporations that wield disproportionate sway over politicians prioritize their short-term financial interests over the climate’s long-term health. David B. Spence argues that this top-down narrative misses a more important culprit—with critical consequences for the energy transition.
Climate of Contempt offers a voter-centric, bottom-up explanation of national climate and energy politics, one that pinpoints bitter partisanship as the key impediment to transitioning to a net zero carbon future. Members of Congress respond to voters whose animosity toward the opposing party makes compromise politically risky. The most powerful driver of polarization, in turn, is the mixture of ideology and social media that constitutes today’s information environment, which amplifies anger, spreads half truths and falsehoods, and sows division, distorting voters’ understandings of the energy transition and their fellow citizens.
Spence explores the effects of polarization, partisanship, and propaganda on energy policy and considers how to build a broader climate coalition. He contends that cooperation on this crucial issue is still possible, but it will require sustained person-to-person engagement across ideological and partisan boundaries to foster a more productive dialogue. Providing a timely and incisive understanding of the politics of the energy transition, Climate of Contempt suggests new paths forward and offers hope for a net-zero future.
David B. Spence is the Rex G. Baker Chair in Natural Resources Law in the School of Law and professor of business, government, and society in the McCombs School of Business at the University of Texas at Austin, where he teaches courses in energy and environmental regulation. He is a coauthor of a leading casebook, Energy, Economics, and the Environment.
Energy abundance isn't a climate strategy—it delays clean energy progress, harms global cooperation, and repeats past policy mistakes.
President Donald Trump has made energy a clear focus for his second term in the White House. Having campaigned on an “America First” platform that highlighted domestic fossil-fuel growth, the reversal of climate policies and clean energy incentives advanced by the Biden administration, and substantial tariffs on key US trading partners, he declared an “energy emergency” on his first day in office.
