Key Biden Economic Pick Stresses Political Solutions On Climate Crisis

President-elect Joe Biden has announced an economic team that favors the use of market forces to address climate change, a top priority for the incoming administration, though a key member of Biden’s economic team is stressing the need for a major political solution to “override” any underestimate of climate costs in fossil fuels and other goods. “The solution must be political -- and it is here where there’s some hope,” Jared Bernstein, a senior fellow at the Center for Budget...