The Biden Plan: Taking The Harder Path, Limiting Odds Of Success

C-MACC Weekly “CRETER” (Climate etc.)

The Biden Plan: Taking The Harder Path, Limiting Odds Of Success

• By our analysis, the Biden emission goals can’t work without a carbon tax/price.
• The current plan will get tied up in local and state courts delaying action.
• Corporates need (lacking) clarity re economics and policy longevity to invest.
• The US could become a global laggard on climate action and weaker as a result.
• The ESG investment lobby is currently driving the bus but hasn’t passed the test.

See PDF below for all charts