“There seems to be no international architecture capable of coping with and preventing global [financial] crises from erupting,” a newly updated report (pdf) from the Congressional Research Service observes.
“The financial space above nations basically is anarchic with no supranational authority with firm oversight, regulatory, and enforcement powers. There are international norms and guidelines, but most are voluntary, and countries are slow to incorporate them into domestic law. As such, the system operates largely on trust and confidence and by hedging financial bets.”
The 109-page CRS report reviews the origins of the current crisis and summarizes its impact in different regions and countries. The report has not been made readily available to the public, but a copy was obtained by Secrecy News. See “The Global Financial Crisis: Analysis and Policy Implications,” April 3, 2009.
The goal: help communities approach data center development with stronger negotiating tools and a clearer understanding of what’s possible.
Just as sports fanatics had plenty to celebrate this year, so does the heat policy team at FAS. In response to recent heat events, leaders across the country have taken steps to build heat resilience.
Congress should establish a Modeling, Analysis, and Technical Talent for Energy Regulation Hub (MATTER Hub) within the Department of Energy (DOE).
Western states functionally manage trillions in global climate risk (permafrost, forest carbon, etc.) and can do so in ways that drive state economic development.