TESTIMONY: America’s Natural Solutions: The Climate Benefits of Investing in Healthy Ecosystems

Introduction

The following is an excerpt from Nick Loris’ testimony to the House Select Committee on the Climate Crisis on April 1, 2022. 

My name is Nick Loris, and I am the Vice President of Public Policy at the Conservative Coalition for Climate Solutions (C3 Solutions). Thank you for this opportunity to appear before the select committee to discuss the climate benefits of investing in healthy ecosystems.   

My written testimony consists of the following two sections: 

  • The economic, environmental, and climate benefits of investing healthy ecosystems. Natural solutions are integral to reducing the risks of climate change. Conservation, restoration, and better land practices create more opportunities for forests, grasslands, and wetlands to capture and store carbon dioxide. Active land management that promotes healthy forests and eradicates invasive species will also reduce the risk of wildfires, floods and droughts. Various farming and ranching practices such as regenerative agriculture and precision agriculture will result in healthier soils and higher yields while sequestering more emissions and reducing the risk of flooding. In addition, integrating natural climate solutions for remediating abandoned mine sites would minimize environmental liabilities make these sites more economically attractive. 
  • Expanding opportunities for investments for healthier ecosystems. Policymakers should reduce barriers to healthy ecosystem investment, improve incentives for productive federal-state and private partnerships to prevent and eradicate invasive species. Furthermore, Congress and the administration should provide pathways to expand the use of regenerative and precision agriculture and implement reforms that generate alternative funding sources for natural climate solutions. 

Section I. The economic, environmental, and climate benefits of investing in healthy ecosystems.

Investing in America’s natural ecosystems will expand economic opportunities and reduce environmental liabilities. Moreover, healthier ecosystems will produce climate benefits by reducing greenhouse gas emissions and reducing the risks of extreme weather events. Creating positive incentive structures among private property owners, the federal government, tribes, and state and local governments will improve the environmental health of America’s land and water systems. Whether it is healthy forests or regenerative farms, empowering landowners to deploy local and specialized knowledge will best deliver economic, environmental, and climate benefits. Landowners have the most to gain from responsible stewardship and the most to lose from mismanagement. Natural climate solutions and healthy ecosystems will not come from treating America’s forests, farmland, grasslands, and watersheds as if they should be stored in a museum. Instead, they require active attention, investment, and management. 

Read the full testimony here or watch the hearing here.

Permitting Reform – The Commonsense Fix for America’s Cost of Living Crisis

Americans are exhausted by the cost of living—and energy sits at the heart of it. Recently published research by Kevin Dayaratna and Kat Miller at Advancing American Freedom (AAF) analyzing worldwide data finds that robust energy production is directly tied to higher incomes, greater productivity, longer life expectancy, and lower child mortality. The reality is stark: no country has ever achieved high living standards without substantial energy use. 

FERC to Grid Operators: Protect Your Customers Better

The surge in data centers with energy needs equivalent to small cities has put a spotlight on the new transmission infrastructure required to serve these customers. But recent action from the Federal Energy Regulatory Commission (FERC), America’s top energy market regulator, takes aim at a more basic question in this rapid buildout: who pays for that new steel in the ground, and when? Right now, the rules that determine cost allocation are opaque enough that customers who never asked for those upgrades can end up footing the bill. That is the cost-shifting problem the Commission just put a target on for transmission utilities across the country.

Before a Critical Minerals Price Floor, Remove Self-Imposed Barriers

Trade tensions between the U.S. and China continue to escalate, and rare earths remain a central pawn, despite an apparent agreement reached last month, in which China would address U.S. concerns over shortages of rare earths and other critical minerals. Earlier this week, China added 10 companies to its export control list, banning exports of dual-use rare earths to firms it says are tied to the U.S. military. The move was a response to Washington’s decision earlier this month to add new companies, including large Chinese firms such as Alibaba and Baidu, to a list of entities it says assist the Chinese military, a designation that restricts their access to U.S. technology and trade.

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