Former Vice President Joe Biden released a plan on Tuesday to address climate ch...
WASHINGTON - Former Vice President Joe Biden released a plan on Tuesday to address climate change that would pour $1.7 trillion of investment into achieving 100% clean energy and net-zero emissions by 2050, in part using revenues from reversing Trump administration corporate tax cuts.
The proposal would invest $1.7 trillion over 10 years in clean energy research and modernizing infrastructure to eliminate the emissions of the greenhouse gases that scientists blame for accelerating climate change and its effects - including rising sea levels, droughts, floods and more frequent powerful storms.
Former first lady Hillary Clinton’s campaign for the presidency foundered in 2016 after she upset blue-collar voters by claiming her aggressive climate proposals would put “a lot of coal miners and coal companies out of business,” underscoring the pitfalls of environmental politics. Biden said two aspects of the Green New Deal are now at the core of his plan - the urgency for greater ambition to address climate change and the notion that “our environment and our economy are completely and totally connected.”
It lists several other measures that would build on Obama-era policies like regulating methane emissions from oil and gas facilities, developing new fuel economy standards for cars, adopting new energy efficiency standards for appliances, promoting advanced biofuels, and accelerating the use of carbon capture, which limits emissions from coal plants and other industrial facilities.
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