The new head of the Development Finance Corporation spent two decades at a Boston hedge fund that controlled nearly $1 billion in Puerto Rican debt.
Climate Crisis
Private Equity’s Favorite Failing Coal Plant
The saga of Longview Power shows the extent of private equity’s interest in coal power.
The Hidden Costs of Containerization
How the unsustainable growth of the container ship industry led to the supply chain crisis
The Global Risk From China’s Desire for a Blue Sky
China wants Beijing to look good for the Olympics. Global manufacturing output will suffer as a result.
Five People Who Help Make or Break the Future of the Planet
Whether you want the Green New Deal or to Build Back Better, it will require a better FERC.
America’s Steel Spine
Will Biden resist pressure to weaken tariffs against China’s steel subsidies and double down on his industrial policy to revive domestic steelmaking?
Green Investment and Private Profiteers
Prospect Writing Fellow Lee Harris’s Best of 2021
New York Democrats Try Again to End Some Fossil Fuel Subsidies
The state spends $1.6 billion a year subsidizing oil and gas. Lawmakers are trying to eliminate about one-fifth of that spending.
Those Electrifying Speculators
Electric-vehicle companies, often raising capital through dubious mergers, have a problem with the truth, and it’s a problem for all of us on this planet.

