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.

Federal Critical Minerals Investments Need a Cost-Benefit Test

Last week, the Trump Administration announced more than $2 billion in new federal money for battery and critical minerals companies. The largest piece was a $1.4 billion loan to the silicon-anode battery maker Sila Nanotechnologies, alongside smaller deals for a scandium mine, a rare-earth-free magnet maker, a direct government ownership stake in a bauxite company, and grants for mining schools. It is the latest in a long series of federal investments; by the administration’s own count, it has signed or approved minerals deals worth nearly $40 billion since taking office.

We Know How to Reduce Wildfire Risk. Policy Is Standing in the Way

Over the past few weeks, smoky skies have spread across the United States and Canada. From the Canadian fires that pushed the Northeast and Great Lakes air quality to dangerous levels last month to the fires burning in the Northwest today, there seems to be no end in sight. The need to reduce fire risk is apparent, and we know how to do so through active forest management. Yet policy continues to slow those efforts down and that urgently needs to change.

Federal Grid Reforms Pick the Right Route and the Wrong Builder

America’s power grid is really a patchwork of regional grids, each with their own operators, with few high-capacity lines connecting them. This fragmentation comes at a real cost for customers, who are often unable to access cheaper power available just across a state or regional border. The Department of Energy’s recent National Transmission Needs Study identifies several of these cases, where regions’ electricity costs would decline substantially if they were connected by a high-capacity transmission line. Providing these benefits to consumers, however, requires confronting not just the incentives that discourage utilities from building interregional lines, but the state laws that let incumbent monopolies control who builds them.

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