Commercial real estate developers and business leaders routinely underwrite projects against ten, twenty, and thirty year horizons, knowing that capital expenditures must outlast political cycles. Yet every two years, Washington and the state capitals deliver a referendum on policy priorities that alters the regulatory risk calculus.
The 2026 midterm elections delivered an unmistakable verdict: for the average American voter, immediate economic stability and affordability decisively superseded aspirational climate agendas.
While environmental stewardship remains a societal value, a palpable “climate hush” … Read the rest