Biden's budget includes a jump in climate spending – here's why investing in innovation is crucial
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May 30, 2021
(The Conversation is an independent and nonprofit source of news, analysis and commentary from academic experts.)
(THE CONVERSATION) President Joe Biden is calling for a more than 60% increase in spending to fight climate change in his first federal budget compared to the previous annual budget, with more than $US36 billion in climate-related investments spread across nearly every agency of the government.
That includes more than $10 billion in nondefense spending on clean energy innovation, among other investments in research and development.
How much of this proposal Congress agrees to fund...
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