Citing Biden’s Climate Aid, McCarthy Pledges To End ‘Reliance’ On Rules

White House domestic climate chief Gina McCarthy is detailing multiple ways in which the Biden administration hopes to help the private sector advance low-carbon energy, arguing such federal investment can help end a sole “reliance on regulation” to reduce greenhouse gases. “We’re not just talking about strategies to regulate,” McCarthy said March 4 at the CERAWeek virtual energy conference. “If we’re asking you to achieve certain levels [of GHG cuts], what are we going to put on the table like...