Biden Announces $2 Trillion Climate Plan

The New York Times

Biden Announces $2 Trillion Climate Plan

Full Article Source

transcript Today, Im here in Wilmington to talk about a second plan: How we could create millions of high-paying union jobs by building a modern infrastructure and a clean energy future. These are the most critical investments we can make for the long-term health and vitality of both the American economy, and the physical health and safety of the American people. Here we are now with an economy in crisis. But with an incredible opportunity, not just to build back to where we were before, but better, stronger more resilient. When Donald Trump thinks about climate change, the only word he can muster is hoax. When I think about climate change, the word I think of is jobs good-paying union jobs. and announced on Tuesday a new plan to spend $2 trillion over four years to significantly escalate the use of clean energy in the transportation, electricity and building sectors, part of a suite of sweeping proposals designed to create economic opportunities and strengthen infrastructure while also tackling climate change. In a speech in Wilmington, Del., Mr. Biden built on his plans, , for reviving the economy in the wake of the coronavirus crisis, with a new focus on enhancing the nations infrastructure and emphasizing the importance of significantly cutting fossil fuel emissions. As he denounced s stewardship of the virus and climate change, he drew criticism from Republicans but he also faced a key test from progressives who have long been skeptical of the scope of his climate ambitions. These are the most critical investments we can make for the long-term health and vitality of both the American economy and the physical health and safety of the American people, he said. When Donald Trump thinks about climate change, the only word he can muster is hoax. When I think about climate change, the word I think of is jobs. The proposal is the second plank in Mr. Bidens . His team sees an opportunity to take direct aim at Mr. Trump, who has struggled to deliver on his pledges to pay for major improvements to American infrastructure. Seems like every few weeks when he needs a distraction from the latest charges of corruption in his staff, or the conviction of high-ranking members of administration and political apparatus, the White House announces, quote, Its Infrastructure Week, Mr. Biden said, referring to a . Hes never delivered. Never really even tried. Well, I know how to get it done. Throughout his remarks, Mr. sought to signal that he grasps the urgency of global climate challenges while also casting the issue as the next great test of American ingenuity. I know meeting the challenge would be a once-in-a-lifetime opportunity to jolt new life into our economy, strengthen our global leadership, protect our planet for future generations, Mr. Biden said. If I have the honor of being elected president, were not just going to tinker around the edges. Were going to make historic investments that will seize the opportunity, meet this moment in history. Even before Mr. Biden spoke, Mr. Trumps allies painted the plan as a costly threat to jobs in the energy sector, and his campaign sought to link the proposal to the Green New Deal, the far-reaching climate plan. Early Tuesday evening, in an appearance from the White House Rose Garden, Mr. Trump launched into a rambling attack on his opponent filled with falsehoods and baseless claims, while also seeking to paint Mr. Biden and his environmental plan as radical. Mr. Bidens agenda is the most extreme platform of any major party nominee, by far, in American history, Mr. Trump said. Referring to Mr. Bidens primary opponent, the progressive Senator Bernie Sanders, he continued, I think its worse than actually Bernies platform. In fact, many liberals have long been unenthusiastic at best about Mr. Biden, a former Delaware senator who staunchly opposes a range of progressives top priorities: He has said that he does not support Medicare for all or defunding the police, he has not fully endorsed the Green New Deal and has reservations about marijuana legalization. His record on issues like criminal justice has drawn fierce criticism from the left, and some in his party view his reverence for bipartisan deal-making as naive. Still, his climate plan does appear to have made some inroads with progressive Democrats. This is not a status quo plan, said Gov. Jay Inslee of Washington, a prominent environmentalist who ran a for the Democratic presidential nomination and later . He added: It is comprehensive. This is not some sort of, Let me just throw a bone to those who care about climate change. Mr. Inslee called the proposal visionary. Mr. Bidens plan outlines specific and aggressive targets, including achieving an emissions-free power sector by 2035 and upgrading four million buildings over four years to meet the highest standards for energy efficiency. Mr. Bidens remarks sometimes assumed a populist bent, directly challenging Mr. Trumps efforts to woo workers in the industrial Midwest with promises of America First job policies. As Mr. Biden discussed converting government vehicles into electric vehicles, he promised that the U.S. auto industry and its deep bench of suppliers will step up, expanding capacity so that the United States, not China, leads the world in clean vehicle production. And he offered a vision for new, clean, made-in-America vehicles to be made more accessible to American consumers as well. He also pressed the need to link environmental advocacy to racial justice, describing pollution and other toxic harms that disproportionately affect communities of color. His plan calls for establishing an office of environmental and climate justice at the Justice Department and developing a broad set of tools to address how environmental policy decisions of the past have failed communities of color. Mr. Biden set a goal for disadvantaged communities to receive 40 percent of all clean energy and infrastructure benefits he was proposing. He also made explicit references to tribal communities and called for expanding broadband access to tribal lands. Elizabeth Kronk Warner, the dean of the S.J. Quinney College of Law at the University of Utah and a citizen of the Sault Ste. Marie Tribe of Chippewa Indians, said she was pleasantly surprised by Mr. Bidens plan. Usually environmental justice is an afterthought or its not clearly quantified, she said. As a citizen of a tribe, I very much appreciate that he explicitly references tribal communities. In a call with reporters on Tuesday morning, senior Biden campaign officials said the proposal was the product of discussions with climate activists and experts; union officials and representatives from the private sector; and mayors and governors. Evergreen Action, an organization that advocates far-reaching climate goals and is led by a number of former Inslee staff members, also discussed ideas with Mr. Bidens staff in recent months, the organization said. Mr. Bidens original plan called for spending $1.7 trillion over 10 years with a goal of achieving net-zero emissions before 2050. The new blueprint significantly increases the amount of money and accelerates the timetable. To pay for it, campaign officials said, Mr. Biden proposes an increase in the corporate income tax rate to 28 percent from 21 percent, asking the wealthiest Americans to pay their fair share, and using some still-undetermined amount of stimulus money. Mr. Bidens team said the proposal included a combination of executive actions and legislation. The legislation would require congressional cooperation. That is hardly a certainty in a partisan political environment, especially if Republicans maintain control of the Senate or retake the House of Representatives, even as polls show the G.O.P. facing major political headwinds. Representative Steve Scalise, Republican of Louisiana and the House Republican whip, suggested the plan was a boondoggle. The only thing I can think of is that is Solyndra on steroids, he said on a Trump campaign call, referring to the California solar company that went bankrupt and had received a $535 million loan guarantee from the Obama administration. You would have higher energy costs and you would see who gets hit the hardest its low-income families. Mr. Biden insisted that these arent pie-in-the-sky dreams, saying, These are actionable policies. One major element of the announcement will include charting a path to zero carbon pollution from the U.S. electricity sector by 2035. According to the Energy Information Association, coal and natural gas still account for more than 60 percent of the sector. Campaign officials said they expected to achieve the goal by encouraging the installation of millions of new solar panels and tens of thousands of wind turbines, but also keeping in place existing nuclear energy plants. The plan also will call for investing in carbon capture and storage technology for natural gas. Under the plan, Mr. Biden also promises new research funding and tax incentives for carbon-capture technology. Kathleen Sgamma, the president of the Western Energy Alliance, which represents oil and gas companies, said Mr. Bidens goals were unrealistic and would hurt energy producers. Well focus on moderating these policies once Biden moves from appeasing the left during the campaign to potentially governing, she said. Reid J. Epstein and Michael D. Shear contributed reporting. is chief Metro political correspondent. Previously, she was the lead reporter for The Times covering the Biden campaign. She also covered politics for McClatchys Washington bureau and for Politico. reports on federal climate and environmental policy from Washington. She has broken multiple stories about the Trump administrations efforts to repeal climate change regulations and limit the use of science in policymaking.