Author Archives: GiselleMcCorkin

Here’s how the avocado-toast bubble will burst.

“If you just look at the energy sector, we need about a trillion a year,” Barbara Buchner says about the gap between between our climate goals and the amount of investment in developing solutions.

To spur those needed investments, Buchner’s group, The Lab, just launched a new crop of projects aimed at making it easier for investors to put money into green investments. Projects include partnerships between hydropower operators and land conservation and restoration efforts and “climate smart” cattle ranching initiatives in Brazil, as well as more esoteric exploits in private equity and cleantech development.

There are three main barriers that keep investors away from innovative projects, Buchner says: lack of knowledge of new projects, perception of higher risk, and an unwillingness to go in alone on unproven projects.

Breaking down these barriers is important because that climate investment gap can’t be closed by government spending alone.

“It’s the backbone, it’s the engine behind overall climate finance,” Buchner says of these early, targeted projects by governments and non-governmental organizations. “But the private sector [investors] really are the ones that make the difference.”

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Here’s how the avocado-toast bubble will burst.

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The Wisconsin Supreme Court Just Removed a Major Threat to Scott Walker’s Presidential Campaign

Mother Jones

On Thursday morning, the Wisconsin Supreme Court squashed a criminal investigation into whether Gov. Scott Walker’s campaign illegally coordinated with conservative dark-money groups to defeat a recall effort against him in 2012. The sharply worded decision aggressively slapped back the local prosecutor leading the probe and contended there was no constitutional basis for the investigation. This move appears to permanently settle a matter that posed a potential threat to Walker’s presidential ambitions.

The inquiry focused on whether Walker’s top advisers worked with a dozen outside groups—politically active nonprofits that do not disclose their donors—to run campaign ads opposing the recall campaign that was launched after Walker crushed public sector unions in his state. On the federal level and in most states, it is illegal for outside groups that can collect unlimited amounts of money to work closely with candidates they support. In today’s decision, the Wisconsin court ruled there was no legal rationale for an investigation because the dark-money groups did not explicitly call for voters to vote against the recall. Instead, they put out a slightly less specific message: support Walker. As a result, the court ordered the investigation to halt immediately—and they instructed prosecutors to destroy all related documents and free witnesses from the obligation to cooperate.

“To be clear, this conclusion ends the…investigation because the special prosecutor’s legal theory is unsupported in either reason or law,” Justice Michael Gableman wrote for the majority in the four-to-two decision. “Consequently, the investigation is closed.”

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The Wisconsin Supreme Court Just Removed a Major Threat to Scott Walker’s Presidential Campaign

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