(The Center Square) – President Joe Biden revoked the Keystone XL pipeline’s federal permit, a move that an economist says could have far-reaching and hidden unintended consequences.
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For the first time, a holder of the world’s most powerful elected office is treating climate change as the existential challenge that it is.
Joe Biden will not have an easy time rapidly transitioning the United States to a clean economy, as he has promised with highly ambitious targets such as a clean power grid by 2035. The new President’s path to doing so is rife with hurdles: a Congress in which Republicans can still block lots of legislative efforts, a judiciary dotted with Donald Trump’s appointments and the prioritization that COVID-19 will require in Mr. Biden’s early months on the job.