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Risky Climate

Biden’s Climate Plan Has United Coalitions By Being Broad

Instead of narrowly addressing carbon pricing, as economists have traditionally favored, the proposal has many aims

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The climate policy choice in the U.S. Presidential election could not be clearer. One trusts science, the other dismisses and undermines it. One has a plan, the other does not.

In fact, Democratic candidate Joe Biden’s plan is the most ambitious climate plan ever proposed by a major U.S. presidential candidate. The headline goal of 100% carbon-free electricity by 2035, for example, is more ambitious even than Bernie Sanders’s from 2016. The $2 trillion investment over four years on clean energy, weatherizing homes, and mass transit approaches pandemic proportions.