It might hold together for them until after the next election. And if that's their calculation, it's probably going to happen.
I agree. The only consistency in the Democratic "platform" is to keep enough voters happy to secure strong majorities in both houses in 2022. If this is successful, one has to assume that what comes next is ESG on steroids, which will aim to drive carbon energy prices higher by discouraging or disabling new investment. Think of it as a hard political cap on capex.