The Economist acknowledges the danger of climate change and wants to do something about it. That something, of course, is a carbon tax. It constantly criticizes Biden and the Democrats for supporting and approving a system of massive green subsidies which it considers to be wasteful and protectionist.
The criticism is logically correct and totally beside the point. Biden chose subsidies because a carbon tax is politically impossible. It is politically impossible because the GOP is adamantly opposed to any kind of new taxes (except tariffs, of course).
Who are the leaders of the GOP? Why, the kind of people who read The Economist. If the editors of the magazine want to do something useful, they will try to persuade their readers instead of attacking Biden for using the one avenue that is legally and politically available to him to avert climate disaster.