Writing for The Hill, graduate student Shomik Verma explores the potential impact of the Climate Superfund Act, a bill that would require “fossil fuel companies who have emitted more than 1 billion tons over the past 20 years to pay into a superfund for their climate damages.” “With the saturated field of climate policies nowadays, this unique bill has the potential to be truly impactful,” writes Verma. “We need to make sure it is.”
Writing for Foreign Affairs, MIT Innovation Fellow Brian Deese proposes a Clean Energy Marshall Plan to combat climate change and renew U.S. leadership on a global stage, arguing this can be done in a way that promotes U.S. interests and supports aligned countries. “In this moment of domestic economic strength—stark against the backdrop of heightened competition, a fracturing world, and a raging climate crisis—the United States can do something generous for people across the globe in a way that benefits Americans,” writes Deese. “It should take that leap, not just because it is the morally right thing to do but also because it is the strategically necessary thing to do.”
In a letter to the editor of The Boston Globe, Prof. Emerita Lotte Bailyn underscores the importance of leaders and prominent public figures taking family leave. “As someone who has long studied the effect of employer policies and practices on the success of an enterprise, I know the extreme importance of a leader’s actions,” writes Bailyn. “What they model, not the words they say, has the strongest impact on the culture of an organization”
In an essay for Project Syndicate, Prof. Simon Johnson underscores for the need for countries around the world to “make strategic investments in key technologies, to create more good jobs, and to stay ahead of increasingly aggressive geopolitical competitors.” Johnson emphasizes: “If you want more good jobs, invest in science, facilitate the commercialization of the technology that results from it, and make it easy for people to build companies where the product was invented.”
Prof. R. Scott Kemp and Principal Research Scientist Charles Forsberg speak with Verge reporter Justine Calma about the nuclear proliferation concerns raised by the higher concentrations of uranium used in next-generation nuclear reactors. “We need to make sure that we don’t get in front of ourselves here and make sure that all the security and safety provisions are in place first before we go off and start sending [high-assay low-enriched uranium] all around the country,” says Kemp.
Writing for The New York Times, Prof. Daron Acemoglu and University of Chicago Prof. James A. Robinson propose solutions to address growing distrust in democracy. “We need a new democratic social contract that people can believe in,” they write. “Democracy does not need to follow a majoritarian opinion on every topic, but it cannot sideline the views of the majority of the population, even on divisive subjects such as immigration.”
Researchers from MIT and other universities, businesses and government agencies are working to help the state of Massachusetts become a leading producer of climate technology innovations, reports Jeff Young for Newsweek. “Some MIT grads launched a climate tech incubator in Cambridge called Greentown Labs in 2011 and it now hosts hundreds of startups,” explains Young. “The area's venture capital and finance communities are attuned to the climate sector and are investing in companies tackling some of the biggest climate challenges.”
Prof. Yasheng Huang joins a Financial Times podcast to speak with James Kynge about how China’s technological advancement and economic growth could be threatened by the country’s increasing authoritarianism. “My own prediction is that if Chinese domestic policy doesn’t change substantially, the pace of technological and scientific progress that we have witnessed during the reform era, that pace is going to slow down,” Huang says.
Prof. Devavrat Shah is interviewed by Forbes’ Gary Drenik on balancing AI innovation with ethical considerations, noting governance helps ensure the benefits of AI are fairly distributed across society. “Our responsibility is to harness [AI’s] potential while safeguarding against its risks,” Shah explains. “This approach to promoting responsible AI development hinges on governance rooted in collaboration, transparency and actionable guidance."
Researchers from MIT have discovered that integrating “Texas’ self-contained electrical grid with the broader national grid could prevent mass power outages,” reports Zack Budryk for The Hill. The researchers “modeled the effects of a bill introduced by Reps. Greg Casar (D-Texas) and Alexandria Ocasio-Cortez (D-N.Y.) that would connect the Electric Reliability Council of Texas (ERCOT) to the rest of the country,” explains Budryk. “They determined that if such a law had been enacted ahead of the 2021 event, Winter Storm Uri, up to 80 percent of the millions of blackouts caused by the storm could have been averted.”
A new proposal aims to transform Massachusetts into “a new leader in climate and environment technology,” with the help with MIT and other Massachusetts-based universities, reports Julia Jacobo for ABC News. “The foundations for seeing environmental initiatives from their inception to public market have long existed in Massachusetts, home to some of the most prestigious research institutions and scientific discoveries in the world, as well as existing infrastructure that allows production to be achieved much faster, according to experts in the state.”
Prof. David Autor speaks with New York Times reporter Jim Tankersley about the economic implications of President Biden’s decision to codify and escalate tariffs on Chinese goods. Autor’s “latest research warns of the economic perils of poorly designed trade policy, but it also explains why presidents might keep pursuing it,” explains Tankersley.
An analysis by The Atlantic’s Ronald Brownstein notes despite Republican resistance to electric vehicles, many new production facilities are located in GOP-represented states. MIT Innovation Fellow Brian Deese explains EV companies are simply seeking space and nearby manufacturing and construction capacity, but said “it’s pretty hard to think of a technology where there was a cheaper, better technology to solve a consumer need and consumers prioritized a cultural or political patina over lower costs and higher quality.”
Prof. Christopher Knittel speaks with The Hill reporters Rachel Frazin and Zack Budryk about the implications of the latest climate rule put in place to mitigate power plant emissions. “What we’ve seen, even without these rules, is that coal generation is failing,” says Knittel. “These new rules will certainly push to speed that transition up.”
Writing for The Washington Post, Brian Deese, an MIT innovation fellow, lays out a framework for responding to China’s focus on increasing manufacturing. “The United States should send a clear message that the world will not absorb the costs of these distortionary policies,” Desse writes, “and should work with our allies toward a more durable framework for global growth.”