Stephanie Hanes
After years of bringing ambitious climate goals into their future planning, governments and companies are backtracking. This week, the European Union walked back its ban on combustion-engine cars. Ford Motors announced it would stop producing the Lightning 鈥 the electric version of its popular F-150 pickup truck. And this fall, the U.S. Federal Reserve scrapped guidelines that directed large banks to manage climate-related financial risks.
Simon Montlake recently wrote a piece for our magazine about how even deep-green California is looking to produce more oil. Today, he talks about this聽in our 鈥淲hy We Wrote This鈥 podcast. It鈥檚 a complicated story 鈥 one that goes beyond left and right, good and bad. In other words, it鈥檚 also a classic Monitor story.