In the NewsInside Climate NewsJune 14, 2021
Will Biden Be Forced to Give Up What Some Say is His Best Shot at Tackling Climate Change?
“The basic problem is there’s a completely unlevel playing field right now,” said Michael Greenstone, director of the Energy Policy Institute at the University of Chicago, who served as chief economist for President Barack Obama’s Council of Economic Advisers. “There’s no penalty for increasing the odds of disruptive climate change, and a clean electricity standard would help to level the playing field. Without it, fossil fuels will continue to be advantaged, and advantaged in a way that increases our risk from climate change.”