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U.S. Treasury Secretary Janet Yellen said during a speech in Belem, Brazil, on Saturday that the price tag for a global transition to a low-carbon economy amounts to $78 trillion in financing through 2050. Yellen said that in order to achieve the goal of net-zero global carbon emissions, there would need to be $3 trillion globally in annual financing for the cause, which she said is a top priority for the Biden administration, according to the speech. In order to contribute to this, Yellen vowed to finance green initiatives in developing countries through multilateral development banks and develop “clean energy...

WASHINGTON -- Congressional investigators say some foreign intelligence analysts believe U.S. intelligence is underestimating Iran's progress toward designing a nuclear warhead before Tehran halted its program in 2003. See source for story.....

Scott's observations on Obamanations are a good introduction to this provocative piece by our friend Steve Hayes in today's Wall Street Journal. Steve's thesis is that the commonplace criticism of Obama, that he is all generalities and no substance, misses the mark. In fact, he compares Obama to Ronald Reagan, against whom similar criticisms were leveled. Steve includes our references to Obama as "Chance the Gardener," the character played by Peter Sellers in Being There, in his litany of conservative underestimation of Obama. Steve argues that Obama is more than that: The assumption behind much of this criticism is that...