CEI Today: OPIC expiring, the world's poor, and China and global warming

Monday, September 28, 2015
In the News Today




The Case for Closing OPIC

OPIC’s charter expires on September 30, unless Congress renews it—in this way, its business model is similar to the now-expired Export Import Bank. From wasting taxpayer money on the politically well-connected to ineffective job creation policies, the report lists the many reasons why it's time to pull the plug on OPIC. > Read more

> Interview Ryan Young



World Bank Increases Number of Poor

The World Bank is considering changing its definition of what constitutes extreme poverty, raising the level below which someone is treated as extremely poor from $1.25 a day to $1.90 a day. This comes after a long trend of people moving out of the category, leading some to point out that the Bank may have an interest in maintaining high numbers of people defined as poor. > Read more

> Interview Iain Murray


American and Chinese Presidents Agree To Continue To Work Together To Raise U. S. Energy Prices


Press reports have focused on the announcement that China will begin an emissions trading (or cap-and-trade) system for greenhouse gas emissions from electric generation and most industries by 2017.  But just as with the Obama-Xi deal last year, China does not commit to actual emissions reductions.  > Read more



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