Biden Infrastructure Plan Targets Electric Cars, Clean Power
- Sweeping climate spending envisioned under Biden blueprint
- Wind and solar tax credits would see 10-year extension
This article is for subscribers only.
President Joe Biden is calling for sweeping investment in electric vehicles, renewable power and the electric grid as part of a broad blueprint to bolster the U.S. economy while combating climate change.
The president’s plans, part of a $2.25 trillion infrastructure and stimulus blueprint he is set to unveil in Pittsburgh on Wednesday, are meant to catalyze investments in a clean energy economy and encourage low-emission technology necessary to constrain global warming. They also could buttress a carbon-cutting pledge the administration is preparing to unveil in April, as part of the U.S. return to the Paris climate agreement.