Politics

Biden to Call for $2 Trillion in Spending on Clean Energy

  • Plan would create 100% clean electricity standard by 2024
  • Earlier proposal aimed for $1.7 trillion over 10 years
Biden to Call for $2 Trillion on Clean Energy
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Joe Biden on Tuesday will call for setting a 100% clean-electricity standard by 2035 and investing $2 trillion over four years on clean energy, three people familiar with his plan said Monday.

The Democratic nominee’s new commitments mark a clear shift toward progressives’ environmental priorities and cutting the use of fossil fuels. The people briefed on his plan spoke on the condition of anonymity ahead of its formal rollout Tuesday in Wilmington, Delaware.