Climate on the ballot: the stakes of the upcoming U.S. elections

As the U.S. heads into its 2024 Presidential election, the future of climate policy hangs in the balance. The outcome of the election will determine if the U.S. will continue its current accelerated decarbonization plan or if these policies will be potentially rolled back. This outcome is not just crucial for the United States, the world's second-largest CO2 emitter, but also for the global community, given the U.S.’ significant role in the global economy. 

In two in-depth reports, we delve into the implications of the upcoming elections, first at the federal level and then at the state level.  

Part One: Federal Implications 

We begin by examining how previous administrations have shaped the U.S.' climate trajectory and the legacy President Biden will leave for his successor. We then explore three potential scenarios for the upcoming presidential elections:

• Trump with a Republican Senate
• Trump with a Democratic Senate
• Harris Elected 

Each scenario presents distinct and significant impacts on the U.S.'s progress towards decarbonization, both in the medium and long term. Federal policies have the power to set uniform national standards, making this analysis critical. 

Part Two: State-Level Analysis 

In the second installment, we take a closer look at state-level policies. By scoring each state's climate policy credibility and durability, we assess how different states are advancing climate initiatives and the risk of policy rollbacks under future state leadership. This analysis is particularly important for investors seeking stable environments for green capital deployment. The implications are profound, affecting not just federal and state levels, but also the global stage. 

Download these reports for a comprehensive view of the challenges and opportunities that lie ahead as the U.S.' climate action trajectory is reshaped. 

Download Part One: Federal Implications

Download Part Two: State-Level Analysis