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" ... LNG-to-power projects, despite beating most other fossil fuel-based generation, are criticized due to their novelty and complexity. Government bureaucracies and politicians are playing it safe, afraid of going against the oil and coal lobbies. Legislative and regulatory frameworks to use LNG are still missing. As a result, China remains in the driver’s seat on the demand side. Just as important, China has the capacity to legislate long term without the risk of a political opposition using energy deals as a weapon against an incumbent. ... "
" ... Regulators regulate and legislators legislate. Legislation and regulations are often blunt instruments, they are not scalpels. Legislation is a reaction to the excesses of a particular scenario, in this case, the unrestrained growth of stable coins. Regulatory scrutiny can also be a sign of maturity and acceptance of a new industry. Broadly applied and interpreted by human beings, they almost always have unintended consequences. Further, there is a culture, knowledge and concern gap between the creators of cutting edge solutions and legislators. All entrepreneurs decry regulation, many of them are experts at abusing gaps in regulations and at leveraging regulations favoring their operations. They are endlessly crying about excessive regulation. There is truth to both sides. How can both sides of the divide be brought closer together? ... "
" ... Someone once observed that the power to legislate is the power to package. No better an illustration of that than the current legislative attempts to pass a second coronavirus relief bill. Democrats have pushed for major grants to states with serious budget problems (inc. NY, CA, IL). Republicans are opposed to using taxpayer dollars to bail out certain states and borrowing more money to finance it. Now Congress is considering two separate bills, one which provides more PPP and unemployment benefit payments but no lawsuit protection and one which contains the legal protection firms want but also contains the state bailouts that Democrats want. To get everything each side wants legislators will have to pass both bills. ... "
" ... That includes sources of renewable energy, solar specifically, which continues to ramp up around the globe in response to a combination of carbon emissions legislation and a rapid decrease in the cost of “green” electricity. President Joe Biden has made addressing climate change one of his top priorities and has ambitions to legislate a more rapid transition to clean technologies that favor not just silver but other metals as well. ... "
" ... The experts say that personal car use in the cities of the future won’t be sustainable, and policymakers will have to legislate to remove cars from the urban environment. If this occurs, the majority of the experts believe the full decarbonization of the transport sector is possible by mid-century. ... "