Biden's budget includes a jump in climate spending – here's why investing in innovation is crucial
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 fu...