There is no shortage of issues awaiting the new U.S. administration. As President-Elect Biden's transition plan website outlines, his plan is focused on "confronting a pandemic, an economic crisis, calls for racial justice, and climate change." Having identified climate change as an existential threat, President-Elect Biden's new approach for the U.S. would combine achieving green policy objectives with creating millions of new jobs by investing in the infrastructure, transportation and power sectors, among others. In particular, Biden says he will recommit to the Paris Agreement on his first day; achieve net-zero emissions, economy-wide, by no later than 2050; and have an emissions-free electric grid by 2035.
If a Congressional path does not exist for his frequently cited $2 trillion legislation, then expect to see actions in the regulatory agencies and via executive orders, reversing the policies of the past 4 years, and taking new turns to combat climate change. Perhaps most important, President-Elect Biden will position the U.S. to work with other major nations in leading the world, not only tackling these important matters, but changing the nature of the political discourse.