Poster's note : discusses paucity of funding for geoengineering

https://onlinelibrary.wiley.com/doi/full/10.1002/wcc.524

Strategic philanthropy in the post‐Cap‐and‐Trade years: Reviewing U.S.
climate and energy foundation funding
Matthew C. Nisbet
<https://onlinelibrary.wiley.com/action/doSearch?ContribAuthorStored=Nisbet%2C+Matthew+C>
First published: 22 May 2018
https://doi.org/10.1002/wcc.524

Edited by Mike Hulme, Editor‐in‐Chief

Funding information
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Abstract

For several decades, philanthropists in the United States have played a
behind‐the‐scenes role in framing climate change as a social problem. These
foundations have defined climate change primarily as a pollution problem
solvable by enacting a price on carbon and by shifting markets in the
direction of renewable energy technologies and energy efficiency practices.
Funding has favored “insider” groups that push for policy action by way of
negotiation, coalition building, and compromise, rather than “outsider”
groups that specialize in grassroots organizing. Philanthropists have also
placed less priority on funding for other low‐carbon energy sources such as
nuclear power, carbon capture and storage, or natural gas, nor have they
invested in actions intended to boost societal resilience, protect public
health, or to address questions of equity and justice. But in the years
following the failure of the 2010 Federal cap and trade bill, a review of
available grants from 19 major foundations indicates that philanthropists
responded to calls for new directions. Funding shifted to focus on state‐
or municipal‐level mitigation and adaptation actions and to the needs of
low‐income/minority communities. Significant funding was also devoted to
mobilizing public opinion and to opposing the fossil fuel industry. Nearly
a quarter of all funding, however, remained dedicated to promoting
renewable energy and efficiency‐related actions with comparatively little
funding devoted to other low‐carbon energy technologies. The review of past
funding trends provides implications for assessing philanthropic strategy
during the Donald J. Trump presidency and beyond.

This article is categorized under:

   - Trans‐Disciplinary Perspectives > Regional Reviews
   - The Carbon Economy and Climate Mitigation > Policies, Instruments,
   Lifestyles, Behavior

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