Introducing our series on implementing the Biden agenda:
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Dear reader,

Over the past two years, a narrow Democratic majority in
Washington has accomplished more than many thought possible. The
Democrats made a serious commitment to fighting climate change, restored
industrial manufacturing policy, invested in physical infrastructure and
the infrastructure of government, began to take on concentrated
corporate power, and a whole lot more.

For a lot of media outlets the story ends there. Legislation gets
passed, presidential directives get announced, and that's the end of
it.

But at the Prospect, we know this is when the real work begins.

That's why we devoted our latest print magazine to reporting on how the
Biden administration is implementing its agenda and when policy is made
concrete. Lobbyists often call implementation halftime; once laws are
signed and everyone looks away, they spend their time watering down
rules and hobbling the impact. We're paying attention to the second
half.

We're publishing our first story in this series
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today from staff writer Lee Harris, a fascinating piece about a core
problem with the administration's energy investments: many still
require up-front financing that small cities or individual homeowners
simply don't have. In Ithaca, New York, city leaders turned to a green
private equity fund that calls itself an "energy-as-a-service"
provider, and a Wall Street entrepreneur backed by a philanthropic
foundation and Goldman Sachs.

What they're pitching is complicated, but the bottom line is the same:
instead of government funding the green transition, for-profit private
firms will do so in untested deals that could put cities and residents
at a disadvantage.

It's the perfect kickoff to this series, which goes beyond the
celebrations and press releases and explores how laws are shaped, and
who wields power to shape them. By illuminating this undercovered
subject, we hope to upend the one-sided dynamic where the only people
watching the implementation game are industry insiders.

You can read all of these stories as they are released at
prospect.org/implementation.
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READ MORE >>
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It's thanks to readers like you that our
newsroom has the resources to do this. You can help support this work by
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funds our editorial mission: illuminating stories about ideas, politics
and power.

If you're already a member, THANK YOU!

We can't undertake reporting like this without you. And if we don't
do it, there aren't many other places that will. Become a member today
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I WANT TO SUPPORT THIS IMPORTANT WORK >>
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Thanks for your consideration.

Sincerely,
David Dayen, Executive Editor
The American Prospect

 

 

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