C-MACC Weekly “CRETER” (Climate etc.)
The Right Stuff – It’s OK to Pursue Multiple Initiatives – But Ideally the Fewer Blind Alleys and White Elephants the Better
- As the new US administration takes shape, we foresee legislative proposals that make significant economic and “end-game” sense and others that fit neither category. It will be hard to get it all right from the start – we offer a guide.
- Legislation is only likely to pass if achieves the dual goals of moving the climate initiatives forward while creating as many jobs as it costs and minimizing the risk of inflation or creating competitive disadvantage
- Repeating a prior bullet, 2021 needs to see more global coordination on incentives and penalties
See PDF below for all charts