Policy Can be Repealed; Innovation Cannot

Joe Biden won the Presidency with a massive climate action mandate. His early executive actions and international posture have signaled a desire to act seriously on the issue. Both supporters and opponents have been jockeying and speculating about policies they wish he would or wouldn’t enact. But for him and the whole Biden-Harris administration, a key consideration should be the impermanence of policy.

It’s one thing to decide which set of policies would be the best if enforced over many decades. But as we saw with Trump’s reversal of Obama clean energy…