Biden’s Recovery Plan Bets Big on Clean Energy

By District Energy posted 03-23-2021 17:56

  

New York Times

Summary

President Biden’s next big thing would fuse the rebuilding of America’s creaky infrastructure with record spending to fight climate change, a combination that, in scale and scope, represents a huge political shift, even for Democrats who have been in the climate trenches for decades.

A guiding philosophy of the Biden proposal argues that the future of good jobs is the transition to an economy that no longer churns out carbon dioxide through the burning of coal, oil and gas.

Aides are set to brief Mr. Biden this week on plans to invest between $3 trillion and $4 trillion in spending and tax credits on a wide range of efforts meant to bolster the economy. The money is currently planned to be split between two packages, starting with an infrastructure bill that is rooted in the effort to halt the emissions of planet-warming carbon dioxide. Administration officials stress that the details remain in flux.

Continue Reading


#News
#climatechange
#Infrastructure
0 comments
8 views

Permalink