A Framework for Climate Policy in Federal Infrastructure Legislation: A Discussion Draft

Enacting a successful national climate policy to achieve economy-wide net zero emissions by 2050 is unlike almost anything America has legislated in its history. The climate problem presents many features that will require planning to solve, including many chicken-and-egg market and infrastructure problems, economies of scale, and timelines far longer than most legislative careers or private capital investment periods. A climate policy in the form of dozens of new standalone programs, each subject to its own appropriation and legislative imperatives, is not the best path to lasting success.

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