In a dramatic change from the previous administration, we expect the administration of President Joseph Biden to implement a broad range of policy changes meant to mitigate climate risk and bring the US back into the global sustainability conversation. We will be monitoring several themes that we believe could arise under the Biden presidency:
As president, Biden will have a stronger hand to pursue his legislative agenda now that Democratic victories in both Georgia runoff contests will put the party in control of the Senate. We would expect the administration to advance well-telegraphed efforts to expand fiscal stimulus and partially restore higher corporate tax rates, among other measures.