Sustainability and the 2024 U.S. Presidential Election

Article from MHI Solutions Magazine

Could a change of presidential control kill sustainability initiatives? It is highly unlikely. Despite the election outcome, sustainability preferences for many economic stakeholders are poised to remain popular. However, the upcoming U.S. presidential election will be critical for the near-term future of sustainability because the executive branch of government can influence the speed at which policies are adopted, enforced, supported and funded.

No president operates in a vacuum, and a presidency accompanied by a same-party supermajority in Congress—where one party controls both Houses—would have a drastically greater impact on shaping the path forward for sustainability initiatives for at least the next two years. Let’s look at what could play out in Democratic or Republican administrations—and what is unlikely to change regardless of White House control.

A Democratic Presidential Administration

If a Democrat is sworn in this coming January, the administrative and executive focus on sustainability and renewables will likely increase. The President has significant authority through the executive branch of government, and things like the SEC Rule regarding emissions are likely to find new tailwinds despite legal challenges in the courts and objections of Republican lawmakers and business leaders.

Read the full article in MHI Solutions Magazine

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