US: Room for bipartisan action on climate
The incoming Biden Administration has an opportunity to craft a “grand bargain” – a robust bipartisan climate policy. With fossil fuel companies embracing Environmental, Social and Governance (ESG) agendas and seeking regulatory constancy, Republicans are moving off the sidelines. Congress and the incoming president should seize the opportunity: under a best case scenario, a roster of complimentary efforts could morph into comprehensive legislation on the scale of the Clean Air Act, centered upon a carbon price and border adjustment tariff.
