Alva Review-Courier -

Joe Biden's $5T climate plan: Net zero emissions by 2050

 


Democratic presidential candidate Joe Biden is pitching a $5 trillion-plus climate proposal that he says would lead the U.S. to net zero emission of carbon pollution by 2050.

The former vice president calls for $1.7 trillion in federal spending over 10 years, with the rest of the investments coming from the private sector. Biden proposes covering the taxpayer costs by repealing the corporate tax cuts that President Donald Trump signed in 2017, while eliminating existing subsidies to the fossil fuel companies.

Biden's plan — a mix of tax incentives, federal spending, new regulation and mor...



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