Warren would spend $1.5 trillion over 10 years in direct federal spending on clean energy technology.
‘s aims to turn the United States into a clean energy manufacturing powerhouse. This is Warren‘s second climate proposal, theWhat would the plan do?
Warren‘s three-part plan would use the federal procurement process to spread clean energy technologies and improve the lives of workers to advance clean energy, pump billions into research and development, and create an office designed to sell U.S. clean energy products around the world.Warren would spend $1.5 trillion over 10 years in direct federal spending on clean energy technology in an effort to stimulate demand for American-made, zero-emission products.
She would also pump in $400 billion over 10 years on clean energy research and development, creating a National Institutes of Clean Energy, modeled on the National Institutes for Health. New products developed in this program would then be made in the U.S.A. And finally she would commit $100 billion to help other countries purchase the new products developed and produced in the U.S.That hefty price tag will be funded partly through her plan to tax corporations based on the net income reported to share holders, along with ending oil and gas fuel subsidies and closing some corporate tax loopholes.
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