Recent Media

Taking the Color Out of Food a Bad, Ineffective Idea

Robert F. Kennedy Jr., nominated to the position of Secretary of Health and Human Services (HHS) was in Washington D.C last week to take questions from lawmakers he tries to convince to confirm his nomination after Donald Trump takes office. 

Many skeptics of his policies and beliefs say that he takes a heavy regulatory approach to “Make America Healthy Again.” Kennedy attempted to emulate the European model of food regulation, but as a European who is very familiar with Europe’s failed experience with food reforms leading to less choice and higher prices, I would caution against this approach.

RFK Jr. has previously taken aim at food dyes, telling Fox Newsthat food dyes are carcinogenic and cause ADHD, implying that they ought to be banned by the FDA. The Food and Drug Administration recently started considering a ban on red dye No. 3, which activists believe is “linked” to hyperactivity.

Here’s the crucial point to consider: The word “linked” does a lot of heavy lifting here because this particular dye only affected rats that were given unusually high doses in scientific studies. 

One could write at length about the reliability of animal studies and what they really mean for humans, but the mere fact that the doses were much higher than what even a human would consume shows us that environmental activists do not understand the concept of dosage. Too much of anything will be bad for you — in fact, “too much” describes quite literally the exact quantity that is excessive. 

For instance, this is equally true for glyphosate residues in beer or aspartame sweetener in Diet Coke. You would need to drink 264 gallons of beer for the glyphosate to adversely affect you or gulp down 36 cans of sugar-free Coke for the aspartame to be bad for you. 

Farmers are people who know this very well: the right amount of fertilizer grows your crops; a too large amount will kill them. This is precisely why we look to scientific agencies to analyze the dosage that is safe for human consumption.

As a European, the approach of regulating everything with such a heavy hand reminds me of home. Over here in Europe, the precautionary approach to food regulation means that we spend more on food and have fewer choices in our supermarkets.

Each time I visit a supermarket in America, I walk the aisles in awe, like a refugee of communist East Germany discovering capitalism in the West after the fall of the wall. In Europe, we take the precautionary approach in most things: We ban or slap labels on things that don’t need them, much like California, which requires coffee to carry a cancer warning label. 

When I visit American grocery stores I see that Fanta has a bright and appealing orange color, while its European equivalent looks like expired lemon juice. Why is that? The food dye used in American Fanta isn’t banned, because regulators in Europe were also unable to prove any negative health effects related to the dyes, but in a precautionary approach, still require a health warning label.

To presumably avoid a label that would scare off consumers, Coca-Cola simply doesn’t color the drink in Europe.

I find a future without food coloring bleak. While we might be adults, we still enjoy color. It inspires us to see things other than gray. 

A supermarket aisle is supposed to be a colorful experience, whether it’s the packaging or the food itself. However, on a more significant point, how paternalistic is the approach to removing color in the first place?

My impression was that the last presidential election was also a repudiation of big government — that the government ought not to tell you how to live your life, what to eat, and what to do. More individual freedom, instead of government mandates, through which bureaucrats determine how best to live your life. 

It is a laudable aim to want to make Americans healthier, but the idea of banning food dyes neither achieves that nor entices Americans to become more responsible consumers. If we look to the government to even tell us what color our food should be, where will it end?

Originally published here

Goodby, Gary! Crypto Advocates Celebrate End of SEC Chief’s Era

“You’re going to have the most pro-crypto president in the history of America,”  Eric Trump declared at the Bitcoin MENA conference on Dec. 10, as he discussed Donald Trump’s anticipated crypto policy.

Crypto industry leaders and advocates welcomed the potential change after a grueling four-year war with Securities and Exchange Commission Chair Gary Gensler.

Gensler, who resigned last month, badgered crypto companies with multiple lawsuits and controversial enforcement actions. He routinely allied with Sen. Elizabeth Warren, D-Mass., on crypto skepticism and regulatory issues.

Crypto enthusiasts accused Gensler of launching “Operation Chokepoint 2.0,” a campaign using litigation to achieve what could not be accomplished through regulation or legislation. The effort was modeled after the Obama-era Operation Chokepoint, which targeted gun dealers, payday lenders and sex workers.

“Gensler’s SEC was too quick to condemn new technology and financial products … and unwilling to offer simple guidance that would have given more clarity to consumers and investors,” said Yaël Ossowski, deputy director at the Consumer Choice Center and a fellow at the Bitcoin Policy Institute.

The SEC’s version of Operation Chokehold encountered legal headaches almost immediately.

A federal judge dismissed Gensler’s attempt to classify Ripple’s XRP token as a security and denied the SEC’s appeal. A separate panel of judges criticized the SEC for its capricious and inconsistent policy of denying Grayscale’s proposed Bitcoin exchange-traded program after previously approving two others.

A significant setback occurred in 2023 when a federal judge threatened to sanction SEC attorneys for “materially false and misleading representations” in a suit against Wyoming-based crypto firm Digital Licensing Inc., also known as DEBT BOX. The SEC later dropped the suit.

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Should India embrace Cryptocurrencies?

India’s dynamic digital landscape and youthful demographic are driving a powerful wave of cryptocurrency adoption, positioning the country as a key player in this financial revolution. Despite regulatory hurdles, Indian consumers’ demand for financial autonomy through cryptocurrencies is in line with the country’s democratic values. By embracing cryptocurrencies, India isn’t just innovating its financial sector; it’s empowering millions, especially those underserved by traditional banks, with new opportunities and expanding consumer choice in transformative ways.

Globally, decentralized finance (DeFi) is gaining momentum as nations seek alternatives to traditional banking. Nations like El Salvador have adopted Bitcoin as legal tender marking a strong stride towards financial sovereignty. For India with its aspirations to become a global leader embracing crypto currencies offers an opportunity to lead this movement, fostering innovation and economic inclusion. 

India ranks among the top countries globally in crypto adoption. According to latest reports, India was fourth in global cryptocurrency adoption, with uptake notably high among young Indians. This trend makes sense: India has the world’s largest population under 25, who are inclined to favor decentralized finance (DeFi) over traditional banking.  For Indian consumers, crypto currency has become a smart and effective way to safeguard against inflation and currency devaluation. During global inflation of 2022, many Indians opted for bitcoin and stablecoins to preserve their savings, mirroring trends in other countries like Argentina and Turkey, where local currencies were severely depreciated. 

While concerns about money laundering and fraud persist, a well-regulated crypto ecosystem can mitigate risks. Countries like Singapore and the UAE have implemented robust frameworks that encourage innovation while maintaining financial integrity. India could adopt similar models, ensuring consumer protection without stifling growth.

Domestic transactions

India also has approximately 190 million unbanked adults, a group often barred from traditional financial services. Here, cryptocurrency and blockchain technology offer an inclusive alternative. For example, Polygon—a blockchain platform co-founded by an Indian startup—seeks to support decentralized applications for finance, supply chains, and even identity verification. Through such projects, individuals in remote areas can access essential financial services, directly enhancing consumer choice.

Digital solutions have already proven their worth in India, as seen with the significant impact of Unified Payments Interface (UPI) on transactions across the nation. In the same vein, cryptocurrencies provide an effective tool for safe, near-instance transactions with nominal fees, especially for cross border transactions. For a country receiving over $87 billion in annual remittances, crypto offers a chance to significantly cut the fees that families abroad often lose to service charges. Using Bitcoin or stablecoins for remittances could reduce transaction costs and put more money directly in the hands of recipients.

International transactions

India’s reliance on remittances, with over $87 billion flowing in annually, highlights the need for cost-effective solutions. Traditional services often charge up to 7% in fees, significantly reducing the money families receive. In contrast, cryptocurrencies like Bitcoin or stablecoins offer near-instant transfers at minimal cost, putting more money into recipients’ hands. Countries like the Philippines have already embraced crypto remittances, reducing costs for overseas workers and boosting local economies.

Blockchain technology’s potential extends beyond just finance. Initiatives like Binance’s blockchain-based microloans in Africa or Stellar’s remittance solutions in the Philippines demonstrate how decentralized finance can uplift underserved communities. In India, similar innovations could empower rural populations, offering them access to credit, savings, and investment opportunities.

The stability and resilience of cryptocurrencies during crises further showcase their potential. For instance, during the Russia-Ukraine war, Ukrainians used crypto currencies to protect and transfer assets amid banking restrictions. For Indians—especially those working or studying abroad—cryptocurrencies could act as a reliable store of value during economic disruptions, providing a secure financial option.

Despite its potential, cryptocurrency’s volatility and susceptibility to scams remain concerns. Educating consumers about secure trading practices and promoting the use of trusted platforms are crucial. Initiatives like Coinbase’s learning rewards or Binance Academy are already helping users understand crypto’s intricacies. India could adopt similar educational efforts, ensuring that consumers are empowered to make informed decisions.

India’s current tax structure, including the 1% TDS and 30% tax on gains, has pushed millions of users to foreign exchanges, reducing the competitiveness of domestic platforms. Following the TDS introduction in 2022, reports indicated a surge in offshore accounts, with over 450,000 sign-ups on one foreign platform in just one month. This shift not only hampers local companies but also limits consumer choices within the country, pushing policymakers to consider more balanced regulations.

Potential

India’s crypto demographics underscore the demand for modern financial options: 45% of crypto users are from Gen Z, 35% from ages 26-35, and even 8% from the baby boomer generation. This youthful demographic points to an enduring demand for financial solutions suited to the digital age. A balanced regulatory approach would allow India to leverage this demographic advantage and strengthen its position in the future of finance.

Adopting cryptocurrencies could open new avenues for jobs across fields like blockchain development, cybersecurity and fintech. As a global IT juggernaut, India’s tech sector is in an ideal position to capitalize on this growth. By becoming a crypto-hub, India can attract investment, foster innovation and boost the digital economy. 

India’s young population, coupled with rising push for financial inclusion and diverse investment options, presents Indian consumers with every reason to embrace cryptocurrency. This isn’t simply about new investment avenues, it’s about championing consumer choice, forging financial resilience and taking bold steps towards innovation driven future. By adopting a balanced approach to regulation, Indians can empower themselves to engage with the global economy and position themselves as front runners in the digital financial sphere.

By adopting cryptocurrencies with smart and balanced regulation, India can forge a course towards financial innovation and inclusion. Policymakers must embrace the transformative potential of digital assets and create an environment where consumers can thrive. The moment is now for India to lead the global shift toward decentralized finance, unlocking new opportunities for its citizens and the broader economy.

Originally published here

Privatize Canada Post so it can’t keep stealing Christmas

A month after postal workers walked off the job, the Government of Canada asked the Canada Industrial Relations Board to order an end to the strike. This may seem like a relief to Canadians, but it is also time to reflect on why the country is forced to suffer such disruptions every few years. How much longer do Canadians have to be held hostage to the whims of a Crown corporation with a monopoly on letter mail?

The strike has caused charities to lose significant sums of money at a time when Canadians are usually feeling particularly generous. For example, the Ottawa Citizen recently reported that the Ottawa Mission, a local homeless shelter, relies on holiday charity mail-outs for donations from a broad base of donors, especially at this time of year. The Salvation Army has also stated that donations are down 50 per cent since the beginning of the strike.

The Canada Post strike could also not have come at a worse time for Canadian small businesses, as this is the season in which their sales are usually highest. Back in November, the Globe and Mail reported that “​​small businesses, which tend to be dependent on Canada Post because it is a cheaper option for parcel delivery, have warned that a prolonged strike could devastate them financially and could lead to higher costs for consumers.”

This has proven to be correct. I spoke with Canadian small business owner Brynn Deamer, who said that, “Canada Post is the only option for Canadians to send letter mail, all of my Canadian customers must use other parcel carriers like UPS, Purolator, FedEx. So when my customer orders, they must now pay at least $15 for shipping to get their orders on time, which, with my items being an average $10-$40, that type of shipping cost is far too high.”

What happens if a customer doesn’t want to pay $15-$20 for shipping from a small business? “I’m still offering the free Canada Post shipping option, but they have to wait to get their package shipped out until the strike is over,” Deamer said. Even though the strike has now ended, her customers will likely be waiting a long time, as experts are saying that most packages will not arrive before Christmas.

Deamer went on to recount what she has seen happening to other small businesses: “Some are taking the route that I did and are offering other shipping options, and some are all together shutting down their shops temporarily and hoping the strike ends soon.”

Vincent Geloso, a Canadian economist who teaches at George Mason University, recently argued that it might be time to break up the Canada Post monopoly. There is a precedent for this. He gives examples found in Europe, where, as a result of a European Commission directive, “all letters regardless of weight have been open to competition since 2013. The directive does not mandate the privatization of state-owned postal companies; it simply ends postal monopolies.”

Without a monopoly over letter mail, Canada Post would have to compete with other providers like any other company would. Workers could still strike when they felt they needed to, but such strikes would no longer hold Canadians hostage due to the Crown corporation’s monopoly.

Some European countries went even further and privatized their postal systems. As a result, Geloso points out that prices for stamps and other postal services fell by 11 per cent in Austria, 15 per cent in the Netherlands and 17 per cent in Germany over 10 year when adjusted for inflation, with all those countries now having lower prices than the European average.

Before the strike happened, Canada Post was planning on increasing stamp prices in January to try and generate about $80 million in revenue. Now that the strike has added to its financial burden, Canadians shouldn’t be surprised if harsher actions are taken to recoup the Crown corporation’s losses.

The last time Canada Post workers went on strike was in 2018, and it was also timed to coincide with the start of the holiday season. Canada Post’s monopoly allows its union to hold the entire country hostage, especially during the holidays. Without that monopoly, workers could still strike, but it would no longer bring charities and small businesses to their knees. It is time for Canadians to seriously rethink this government-granted monopoly before the next strike hits and ruins another holiday season.

Originally published here

SCOTUS Skeptical of an FDA Acting Arbitrarily Against Vape Products

The U.S. Supreme Court recently heard oral arguments in FDA v. Wages and White Lion Investments, LLC, a pivotal case concerning the Food and Drug Administration’s rejection of applications to market flavored nicotine vaping devices.

This is a landmark case for regulatory accountability related to public health and consumer choice.

At issue is whether the FDA acted arbitrarily and capriciously when denying numerous premarket tobacco product applications (PMTA), as alleged by the manufacturers and affirmed by the U.S. Court of Appeals for the 5th Circuit, which accused the FDA of a “regulatory switcheroo”.

Elizabeth Hicks, US Affairs Analyst of the Consumer Choice Center, observed today’s arguments and weighed in on the consequences of the case for consumers,

“This case underscores the need for fairness and transparency in regulatory processes. The FDA’s blanket denials have placed enormous hurdles on firms providing harm-reduction alternatives, potentially decimating an industry that millions of adult consumers rely on to transition away from smoking traditional cigarettes.”

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Croire en la science et à la mondialisation, les ‘’mantras’’ de Bill Wirtz

Bill Wirtz est l’analyste politique principal du Consumer Choice Center. Il se concentre spécifiquement sur l’élaboration de politiques fondées sur des données probantes, sur les politiques agricoles et commerciales, ainsi que sur les choix de mode de vie. Originaire du Luxembourg, il publie en allemand, français et anglais. Il est apparu dans Fox News, Sky News, Le Monde, Times of London, Le Figaro, Die Welt, The Hill et d’autres grands médias du monde. Lors de son passage au Canada il y a quelques jours, il rencontrait l’éditeur de La Vie agricole, Yannick Patelli.

Pour Bill Wirtz, il est important de continuer de miser sur le libre-échange et la science, c’est probablement en ces termes que nous pouvons résumer sa pensée.

Lors de son passage à Ottawa il avait tenu, quelques jours avant que nous déjeunions à Montréal, une conférence devant des producteurs de grains du Canada. Sa présence à Ottawa lui a aussi permis, nous a-t-il dit, d’échanger avec certains fonctionnaires d’Agriculture Canada, auprès desquels il a soutenu l’importance à ses yeux de permettre la production via la technologie CRISPR.

CRISPR c’est quoi ?

CRISPR dont La Vie agricole vous a déjà parlé est une invention en 2012 de la technique de « ciseaux génétiques CRISPR-Cas9 » que l’on doit à deux chercheuses dont la Française Emmanuelle Charpentier.  Il s’agit d’une avancée fondamentale dans le domaine de l’ingénierie génétiqueIl faut imaginer des ciseaux moléculaires permettant de couper et de modifier l’ADN à des endroits précis du génome ce qui est une révolution dans plusieurs domaines comme la médecine, mais aussi l’agriculture.

Le Canada plus pragmatique

Si cette science est appliquée à la production agricole au Brésil et au Japon, ce n’est pas encore le cas au Canada et en Europe.  Bill Wirtz perçoit le Canada comme plus ouvert et plus pragmatique que la France à la révolution génomique. Il a suggéré toutefois aux fonctionnaires rencontrés «d’être plus agressifs dans la mise en place de nouvelles politiques liées à la science», nous a-t-il confié.

Bill Wirtz s’étonne du retard dans l’intérêt pour la science dans plusieurs organisations. Il donne pour exemple un cas vécu à la Commission européenne qui a récemment produit un rapport sur IA (l’intelligence artificielle) dans lequel on retrouvait une page expliquant les opportunités et douze pages sur les risques liés à l’IA.

En ce sens, il considère l’Europe craintive face à la nouveauté, quelle qu’elle soit.

Des produits issus de CRISPR d’ici 2033

Mais Bill Wirtz reste confiant pour l’avenir, il faudra peut-être attendre la présidence du Danemark à la Commission européenne pour faire évoluer le dossier CRISPR dans quelques mois, mais, selon lui, « Le monde a besoin de cette étape. C’est la plus grande découverte du siècle. J’ai bon espoir que les consommateurs auront accès à des produits alimentaires provenant de la méthode CRISPR d’ici 2033», dit-il.

Il nous a expliqué que c’est pour lui la solution pour nourrir la planète à moindre coût : « Il n’est pas vrai, dit-il, que l’agriculture durable doit se faire à l’ancienne et que le consommateur doit toujours payer plus cher.»

« Il est étonnant que lorsqu’il s’agit de changements climatiques ou de vaccins on se réfère à la science et pas lorsqu’on aborde le sujet du glyphosate, des OGM ou de CRISPR. Les politiques suivent la science, mais de manière sélective», pense-t-il.

« Sait-on que depuis qu’on utilise des fongicides, il y a moins de cancers du pancréas, car cela tue les mycotoxines ?  Et de toute manière, si on cultivait de la même manière qu’en 1960 cela nous prendrait l’équivalent de la totalité des terres de la Russie en plus sur terre pour produire ce qu’on produit», dit-il.

Sur les traités internationaux

Bill Wirtz croit encore à la mondialisation et aux bienfaits des traités internationaux. Quant au Mercosur il est d’avis qu’il est nécessaire qu’il se signe, ce que veulent d’ailleurs la présidente actuelle de la Commission européenne et l’Allemagne, leader en Europe.

Si la France recule actuellement c’est selon lui que politiquement affaibli le gouvernement français n’ose pas aller de l’avant d’autant que tous les partis politiques dans l’hexagone s’alignent actuellement sur la tendance populiste peu friande de la liberté économique.

Originally published here

Do sin taxes really help society?

Large sodas, alcohol, and tobacco are just a few things governments around the world want to keep us away from. It seems governments worldwide have embraced what economists call “sin taxes” — taxes on goods considered harmful to society, like sugary drinks, tobacco, and alcohol — as both a quick fix to budget imbalance and to preserve public health. Now, as India’s Group of Ministers (GoM) considers hiking the Goods and Services Tax (GST) on these so-called sin goods to 35 per cent, there’s much to dissect about the real impact of such measures. The idea behind a sin tax is pretty straightforward: make harmful products more expensive, so people buy less of them. 

It’s about nudging us away from bad habits while boosting government funds. Take a moment to think about where that tax-generated revenue goes and whether taxes actually work. If people quit consuming these goods, the revenue dries up raising questions about whether these taxes are really about public health or just a convenient cash grab. In an ideal world, these funds would be redirected to improve public health systems, offsetting the costs associated with the consumption of these very goods. However, the reality can be far messier.

The research (Taxing Sin by Michael Thorn, 2021) suggests that these taxes fail to reduce consumption. Instead, they hurt consumers from lower income brackets, who spend a larger chunk of their income on these goods. These taxes often contribute to the growth of black markets. The artificial price hike by the government simply pushes consumers to find alternatives, often in illicit ways, instead of quitting. And while sales on the books may drop, actual consumption might not fall as much as intended. Another layer to this issue is its social impact. Sin taxes are regressive.

Studies (The Quarterly Journal of Economics) suggest that poorer consumers spend a bigger chunk of their income on taxed goods like cigarettes and sugary drinks. This means they bear a disproportionate share of the burden, potentially deepening the societal divide these taxes are meant to bridge. Tax hikes as public health measures often backfire psychologically. Research indicates that people feel more resentment towards price hikes due to taxes than other market forces. This resentment leads to noncompliance, fuelling black markets and causing government distrust among the public. Globally, implications of sin taxes show mixed results. Studies (American Journal of Health Promotion) reveal the severe gaps in policies fuelling illicit trade and broadening economic inequality among consumers. These studies underline that while sin taxes can reduce consumption and support public health goals, they must be carefully balanced against their broader socio-economic impacts. Consumers deserve better. 

It’s time to challenge the policies that undermine choice under the pretence of public health. A progressive society isn’t built on punitive taxes but on allowing people to make their own choices. Policymakers must acknowledge freedom and not undermine it. Policymakers must craft strategies that are not just economically sound but also ethically justifiable and psychologically understood. After all, the aim is to improve public health without infringing unduly on personal freedom or aggravating socio-economic imbalance. As citizens, we must demand accountability and transparency. 

The argument isn’t about just sin goods; it’s about our right to make choices without government intervention. Engaging in this dialogue is vital to ensuring that tax policies align with our values of freedom, fairness, and consumer choice, promoting a healthier and more equitable community for all.

Originally published here

La Commission européenne réduit enfin le budget lobbying des ONG environnementales

Ce tournant marque une volonté de rétablir un équilibre dans le débat public et de recentrer ces financements sur la recherche et l’éducation.

La Commission européenne a récemment envoyé une lettre aux ONG environnementales pour les informer que le budget du programme environnemental de l’UE, connu sous le nom de LIFE, ne peut être utilisé à des fins de lobbying.

Entre 2021 et 2027, 5,4 milliards d’euros seront envoyés à des organisations environnementales à but non lucratif telles que le WWF, les Amis de la Terre ou ClientEarth – des organisations bien connues pour leurs appels à des politiques gouvernementales restrictives sur le plan des libertés individuelles. Les lettres envoyées précisent que les subventions ne peuvent être utilisées pour influencer les décisions politiques des membres de la Commission européenne.

Sur le site web du programme LIFE, on peut lire : « L’élaboration et la mise en oeuvre de la politique environnementale ou climatique de l’UE nécessitent un dialogue ouvert et étendu avec toutes les parties prenantes. Il est important que les organisations puissent prendre part à ce dialogue, car elles représentent la société civile organisée et comprennent bien les préoccupations du public en matière d’environnement et de changement climatique. Leur présence est importante pour apporter une contribution démocratique solide, ainsi que pour contrebalancer les intérêts d’autres acteurs dans l’arène de l’UE. »

Les ONG en question ont riposté, affirmant que le fait de les priver de leur budget de lobbying compromettait l’objectif d’améliorer le discours public. Elles ont tort, car celles-ci se méprennent sur leur mission réelle, s’il y en a une, et elles n’ont pas le droit de bénéficier librement de l’argent des contribuables.

Dans la théorie du soutien gouvernemental aux organisations à but non lucratif, il est important que les subventions fournissent le financement nécessaire pour mener des recherches, des sondages et autres activités susceptibles d’informer les décideurs politiques s’ils décident d’y faire appel. Imaginons, par exemple, une association environnementale qui étudie les différentes façons d’organiser la circulation des voitures dans une ville. Si les décideurs politiques décident de demander l’avis de cette organisation, celle-ci disposera alors des fonds nécessaires pour fournir cette ressource d’information au gouvernement.

Toutefois, le mode de fonctionnement de ces organisations dans le passé allait au-delà de la recherche et du soutien à l’éducation : la Commission européenne s’est en effet livrée à un véritable lobbying avec les ressources du contribuable.

Des organisations telles que les Amis de la Terre sont des idéologues de l’environnement qui répandent de fausses vérités sur l’innovation agricole et plaident en faveur de politiques particulièrement restrictives. Il n’y a rien de mal à être politique en soi, mais la façon dont les citoyens expriment leur soutien aux politiques est de voter ou de faire des dons volontaires à des organisations à but non lucratif.

En allouant des ressources à ces groupes, pour qu’ils fassent pression sur les décideurs en faveur de causes politiques sensibles, la Commission a ébranlé l’équilibre politique. Il n’y avait pas de subventions pour les organisations qui disaient qu’il ne fallait pas agir pour le climat, ce qui signifiait que l’équilibre des voix penchait toujours en faveur des groupes les plus radicaux.

Vous êtes-vous déjà demandé pourquoi les débats télévisés et les interviews donnaient la parole à des analystes affirmant que la dernière réunion de la COP n’était pas allée assez loin et que nous avions besoin de plus d’engagements de la part du gouvernement ? Certes, des organisations telles que Greenpeace disposent d’une base de donateurs stable et peuvent compter sur le soutien de citoyens privés, mais d’autres sont si peu connues que ce n’est qu’avec l’aide de fonds publics qu’elles ont pu être omniprésentes dans les médias, rencontrer constamment des décideurs politiques et créer une fausse impression de soutien public à grande échelle pour des politiques telles que le Green Deal européen.

Cette situation est enfin en train de changer. Oui, les organisations environnementales ont leur place dans le discours public. Mais il y a quelque chose de fondamentalement erroné dans le fait que les manifestants qui se trouvent devant la Commission européenne, et qui déplorent qu’il faille, par exemple, interdire rapidement les voitures à essence, soient financés par cette même Commission européenne auprès de laquelle ils font du lobbying.

Nous avons besoin d’une conversation sobre sur les politiques publiques, et de garder l’argent des contribuables qui travaillent dur hors des poches des radicaux.

Originally published here

Carrboro’s flimsy climate lawsuit against Duke Energy

Driving past Lake Norman over Thanksgiving weekend, I was once again struck by the fact that this body of water helps power millions of homes across the region and in the state of North Carolina.

Using water from the lake to feed the towering condensers, the two nuclear reactors at McGuire Nuclear Station generate over 18 gigawatts of clean and abundant energy, adding to the impressive nuclear capacity of Duke Energy that powers nearly half of its customers’ homes in North and South Carolina.

Nationally, Duke is seen as a champion for nuclear energy and carbon-free alternatives. 

In the small Triangle town of Carrboro, however, Duke has been painted as the ultimate bogeyman, responsible for the ills and harms of climate change. A lawsuit based on this premise was filed last week in the Orange County Superior Court, accuses Duke Energy of knowingly running a decades-long “deception campaign concerning the causes and dangers posed by the climate crisis.” Carrboro seeks monetary damages in a jury trial to mitigate current and future “climate-related harms.”

The attorney filing the case on behalf of the city of Carrboro is Matthew Quinn of the tort law firm Lewis & Roberts, who also happens to be the lawyer for the pro-solar nonprofit NC Warn, the group bankrolling the case.

NC Warn, a perennial critic and antagonist of Duke Energy, has been running recent primetime television advertisements accusing the energy utility of “crushing our solar industry” and expanding its exploitation of natural gas to the detriment of North Carolina energy consumers.

The group has charged Duke with using the “tobacco industry playbook,” knowing the true harms of the products they were selling but not acknowledging such to their customers.

This case in Carrboro, funded by an outside group with a specific agenda, however remarkable, is only part of a nationwide pattern. In mostly left-leaning local courts in Honolulu, San Francisco, and Minneapolis, state attorneys general have used fraud, public nuisance and consumer protection laws to accuse select companies of covering up their role in climate change.

While other cases have targeted oil giants, refineries, and plastics manufacturers, the Carrboro case will be the first major climate-change litigation aimed at an electrical utility that is investing massively in carbon-free nuclear energy generation.

In helping the state fulfill its clean-energy plan, as established by Gov. Roy Cooper, Duke has also just recently won approval to reduce energy prices by nearly $212 million for its customers.

Added to that, it has sought regulatory approval from the NC Utilities Commission to convert its coal-powered power plants into sites for small modular reactors — nuclear reactors with a much smaller footprint and less required infrastructure to produce electricity. 

Environmental groups have, surprisingly, been opposed to this shift to nuclear energy, citing higher infrastructure costs while downplaying its reduced carbon emissions.

“There’s nothing special overall as far as we can tell with the technology,” said NC Warn executive director Jim Warren, who also called SMRs “experimental reactors.”

Despite the opposition to energy exploration from local environmental groups, it should be stated that Duke Energy has played a key role in getting North Carolina to decarbonize.

In 2023, nuclear power plants in North Carolina generated over 43 gigawatt hours of electricity, all of that at the Duke Energy nuclear stations at McGuire, near Charlotte; Harris, close to Raleigh; and Brunswick, on the southeast coast.

Nearly a third of the state’s electricity generation comes from nuclear power, and North Carolina boasts one of the lowest uses per capita of natural gas, according to the Energy Information Administration, a number that continues to decrease year by year.

Whatever the case against Duke Energy may have been in years past, it remains a company that must listen to its customers, follow the market, and deliver solutions that help bring our energy costs down responsibly. Its investments in nuclear energy should make us more hopeful for a carbon-free revolution.

Globally, the role of peaceful nuclear energy for fighting back against climate change and providing a better future for all of us is, thankfully, getting a second look. In our own state, we should look to do the same.

Originally published here

Court shields restaurants from ownership reporting requirements

A federal court has blocked enforcement of a requirement that most restaurants and other small businesses report who owns them to the U.S. Department of the Treasury by Jan. 1. 

Failure to comply could have exposed covered companies to fines of up to $10,000, though the federal agency charged with policing the first-of-its-kind mandate indicated that it would provide an unofficial grace period to foster compliance. 

The requirement applies to most U.S. limited liability companies, or LLCs, as well as small corporations. Concerns that employ at least 20 people or have at least $5 million in revenues are exempted, as are 23 specific types of companies. 

Covered operations formed prior to Jan. 1, 2024, are required to reveal who controls them—what Treasury calls the beneficial ownership information, or BOI—in a filing submitted to the department no later than Jan. 1, 2025. Companies that were formed since Jan. 1 had 90 days after they were created to provide Treasury with the info.

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Commons Vote on Tobacco and Vapes Bill Slammed: A Step Back for Public Health

The Consumer Choice Center (CCC) condemns Commons’ Vote to Pass the second reading of the Tobacco and Vapes Bill. This legislation, if passed, threatens to reverse years of progress made in reducing tobacco consumption and puts public health at serious risk.

The Tobacco and Vapes Bill will reintroduce Sunak’s measures in prohibiting the sale of cigarettes to any adult born after 2009, as well as tighter restrictions on safer alternatives to combustible tobacco, such as vapes, heaters, and nicotine pouches.

In a statement, Mike Salem, UK Country Associate at the CCC, stated, “These measures are unjust, unworkable and overreaching.

“The last thing we need in the battle to reduce smoking rates is to open an illegal getaway, which now thanks to the generational prohibition, will be easier than ever.”

Ahead of the vote, it was reported that the public is opposed to the prohibition by two to one.

Read the full text here

Class action hunters take aim at Australia

By Yaël Ossowski 
 
In line with common law tradition, the class action system was set up in Australia to address wrongs and deliver justice for ordinary people.

But because of a lack of action from politicians and policymakers, it has instead funnelled rivers of gold to faceless foreign investors with a stake in gaming the system.

It’s become akin to a casino with lower stakes and high payouts. The high rollers from overseas, flush with capital to bet big and win big, get VIP treatment in Aussie courts, while ordinary Mums and Dads without that cash or influence get pennies.

​​As the Daily Telegraph revealed recently, there’s never been a more lucrative time to be a foreign litigation funder investing in Australian class actions.

Since July 2022, $308 million has been doled out to litigation funders involving themselves class action settlements in Australian courts, with a whopping 82 per cent ($255 million) going to funders from abroad. 
 
Worse still, over the same period $152 million went to litigation funders with accounts registered in the Cayman Islands – a jurisdiction not none for divulging corporate or financial identities.
 
When pressed, many of these funders will say that without their investments, class action claimants would receive no payouts nor have a case at all, and ordinary people would never have a chance against large companies.
 
But a recent lawsuit brought by thousands of Victorian cabbies against the ride sharing platform Uber shows it just doesn’t work this way. 
 
That lawsuit filed in Victorian Supreme Court aimed to compensate taxi and hire car drivers for loss of income and licence values following the arrival of Uber in Australia. In the US and Canada, similar actions have been tried, but haven’t found an audience. 
 
In May, the Court was asked to approve an historic $272 million settlement, the fifth largest in Australian history. While those who may dislike the sharing economy may celebrate, the actual details reveal why consumers ultimately lose.
 
Of the $272 million, $36.5 million will make its way to law firm Maurice Blackburn, while $81.5 million would go to Harbour Litigation Funding, a business with significant assets held in the Cayman Islands. $154 million – or just 57 per cent of the settlement – would go to 8,701 taxi drivers, netting them just over $17,000 apiece or fourteen weeks of the average wage of a Melbourne cabbie. 
 
Fourteen weeks’ pay for decades of lost income, and $81.5 million for a one-off investment. And that’s not even taking into account the consumers who will face higher prices and less competition when they try to book a car from the CBD.
 
With pay-days like these, it’s easy to see why so many litigation funders – backed by investors across the world – have their sights set on Australia. 
 
The latest example is UK-headquartered class action firm Pogust Goodhead, backed by a billion-dollar investment from an American hedge fund, Gramercy. It’s the biggest loan of its type to a law firm in history. 
 
Pogust Goodhead has plans to launch dozens of class actions in Australia out of its newly ordained Sydney office. The firm’s Global Managing Partner, Thomas Goodhead, has even talked about teaming up with green activist groups including the Australian Conservation Foundation and the taxpayer-funded Environmental Defenders Office to pursue firms that power the Australian economy. 
 
Firms like Pogust Goodhead are relentless in their pursuit of payouts. 
 
Pogust Goodhead is ploughing ahead with its $70 billion action in the English High Court against BHP – where it would receive as much as a 30 per cent cut. This follows a $45 billion compensation agreement between BHP and Brazil, where over 500,000 affected people receive payments from early next year. By their own admission, Pogust Goodhead’s English case may not be resolved until 2028.
 
It’s hard to see how the growth of this industry is good news for everyday Australian consumers who rely on affordable energy and good jobs. 
 
Plainly, the class action system, especially the lax laws governing litigation funders, aren’t working.
 
How do you fix it? As ever, sunlight is the best disinfectant. 
 
In the United States, Republicans and Democrats have come together to introduce the Litigation Transparency Act, which forces disclosure of financing provided by third parties. They’ve also worked on legislation to stop sovereign wealth funds from investing in American lawsuits. This is a reasonable approach that allows innovative litigation funding to continue, based on the condition that citizens know who has skin in the game.

So, it’s a good thing LNP Senator Paul Scarr raised these issues in Federal Parliament last week – quizzing officials from the Attorney General’s Department about what they’re doing to stop foreign actors interfering in Australia’s courts.
 
More recently, the European Law Institute – a leading legal think tank – has called on policymakers around the world to do more to “enhance transparency” around litigation funding, including passing laws to require funders to reveal the identity of their investors and disclose potential and actual conflicts of interest.
 
To tilt the scales of justice back in favour of ordinary people, Australia should heed this call. 

Yaël Ossowski is deputy director at the global consumer advocacy group Consumer Choice Center.

This article was published in the Daily Telegraph.

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