Semafor Net Zero: One Good Text
After winning a $20 billion contract with Google, Intersect Power wants to “create a whole new class of real estate.”
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Ambassador Stuart Eizenstat has had a rich career in government: working in four Democratic administrations over the course of 50 years, his most senior roles include Chief Domestic Policy Advisor for President Carter and Deputy Secretary of the Treasury and Ambassador to the European Union for President Clinton.
Eizenstat advised President Carter through the 1979 oil crisis and through a period of substantial progress on energy and conservation – they doubled the size of the national park system, passed major federal policies that helped increase renewable fuel production and decrease dependence on foreign oil, and even symbolically installed a solar panel on the White House.
During the Clinton Administration, Eizenstat served as chief U.S. negotiator for the Kyoto Protocol, which created the international treaty to reduce global greenhouse gas emissions. He also gave host Jason Bordoff his first job in government, straight out of grad school.
On this episode, Jason and “Stu” reunite to discuss his new book, titled “President Carter: The White House Years.” They unpack Eizenstat’s unique insights into President Carter’s stamp on energy and environmental policy, including deregulating oil and gas markets, conservation efforts, the Three Mile Island nuclear disaster, protecting Alaska’s lands, and much, much more.
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The Trump administration may release a blueprint for a US sovereign wealth fund (SWF) in early May after the president signed an executive order in February giving the Secretary of the Treasury and the Secretary of Commerce 90 days to develop a plan.
President Donald Trump’s second term has begun with sweeping changes, just as the candidate promised: tariffs instituted against allies and adversaries alike, budgets and programs cut, and entire agencies shuttered.