Biden Releases Sweeping Climate Plan

“Joe Biden unveiled a wide-ranging climate and energy platform for his 2020 campaign Tuesday, vowing to go ‘well beyond’ President Obama’s policies at a time when he’s facing skepticism on the left,” Axios reports.

“It calls for achieving net-zero U.S. greenhouse gas emissions no later than 2050. That top-level goal is within range of Jay Inslee’s detailed plan, which calls for net-zero ‘as fast as possible’ and by 2045 at the latest.”

Associated Press: “Biden’s plan calls for $1.7 trillion in federal spending over 10 years, with the rest of the investments coming from the private sector. Biden proposes covering the taxpayer costs by repealing the corporate tax cuts that President Donald Trump signed in 2017, while eliminating existing subsidies to the fossil fuel industry.”