Biden to unveil ambitious climate plan seeking to spend $2-trillion over four years

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Biden to unveil ambitious climate plan seeking to spend $2-trillion over four years
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The plan signifies a more aggressive approach on climate policy than Biden adopted during the Democratic presidential primary – a nod to progressives within the party who have been clamouring for swift action

Democratic presidential candidate and former U.S. vice-president Joe Biden speaks at McGregor Industries, in Dunmore, Pa., on July 9, 2020.Democratic presidential candidate Joe Biden on Tuesday will lay out an ambitious climate plan that would seek to spend $2-trillion in his first term as president investing in clean-energy infrastructure while vowing to cut carbon emissions from electrical power to zero in 15 years.

Biden also would spend more money more quickly, calling for $2-trillion in new spending over four years, according to a copy of the plan released by his campaign. He had originally suggested spending $1.7-trillion over a decade. His plan also has a large environmental justice emphasis and would direct 40 per cent of clean-energy spending toward disadvantaged communities in the shadows of refineries and power plants.

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