Harvard Business School: “How the 2024 Elections Will Shape the Future of America’s Green Economy”
RFF Fellow Daniel Raimi offers his thoughts on several aspects of US climate policy.
“Regardless of who comes into office in 2025, you're going to continue to see lots of oil and gas development on federal lands,” said Daniel Raimi, director of the Equity in the Energy Transition Initiative at Resources for the Future, a nonprofit research institute in Washington, DC...
The IRA has largely directed projects toward Republican states to build support for the energy transition.
“The theory of change is that you want to embed clean energy industries across the country so that the constituency becomes larger and more geographically diverse in the years to come,” Raimi said...
The Biden administration rejoined the pact...Trump said he will withdraw from the agreement again if he is elected this year.
Many businesses support US engagement in the agreement. By 2023, more than 8,300 companies worldwide set science-based emissions reduction targets aligned with it.
"Even though the Paris Agreement doesn't bind the United States to do anything, it has a very important symbolic role," Raimi said.
