The Biden administration is up and running, already beginning to implement its ‘Build Back Better’ agenda. And if Biden’s first actions are any indicator, that’s going to mean Build Back Greener.
From prohibiting new drilling on federal lands to establishing new White House climate positions and pledging to decarbonize the power sector by 2035, the new administration is facilitating the transition to a more just and sustainable economy.
But, going forward, it could get much more ‘bang for its buck’ by making a few simple tweaks to the US’s existing institutions of public finance from the onset. This will allow us to leverage what we already have to act faster – and smarter – in inventing and spreading the green industries of tomorrow.
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