Biden proposes overhauling nation's energy sector by 2035

Biden proposes overhauling nation's energy sector by 2035

SeattlePI.com

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WILMINGTON, Del. (AP) — Joe Biden released a plan Tuesday aimed at combating climate change and spurring economic growth in part by overhauling America’s energy industry, with a proposal to achieve entirely carbon pollution-free power by 2035.

The presumptive Democratic presidential nominee will discuss the proposal later Tuesday near his home in Wilmington, Delaware. It marks his latest effort to build out a legislative agenda with measures that could animate progressives who may be skeptical of Biden, who waged a more centrist campaign during the Democratic primary.

The plan reflects ideas embraced by some of Biden’s more progressive allies during the primary, like Jay Inslee, whose campaign centered on the issue of climate change. The Washington governor first proposed achieving entirely carbon-free electricity by 2035.

In the plan, Biden pledges to spend $2 trillion over four years to promote his energy proposals, a significant acceleration of the $1.7 trillion over 10 years he proposed spending in his climate plan during the primary.

The proposal doesn't include specifics on how it would be paid for. Senior campaign officials who requested anonymity to discuss strategy said it would require a mix of tax increases on corporations and the wealthy and deficit spending aimed at stimulating the economy.

The proposal also doesn't address the controversial natural gas and oil extraction process known as fracking. The issue is politically sensitive in some key battleground states such as Pennsylvania. During the primary, some Democrats proposed an outright ban on fracking while Biden limited his opposition to new fracking permits.

The plan places a heavy emphasis on updating America’s infrastructure, and includes investments in improving energy efficiency in buildings and housing as well as promoting...

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