The backbone of President Biden’s plan to use infrastructure spending to advance climate policy is a clean electricity standard for the power sector that has the potential to be the most aggressive ever enacted by the federal government.
Tucked into his $2.3 trillion infrastructure proposal is the aim of “achieving 100 percent carbon-free electricity by 2035,” according to a fact sheet released yesterday by the White House…
Currently, the United States adds about 2 percentage points of clean energy to the grid annually. The new standard — when combined with hundreds of billions of dollars proposed for the grid built-out — would add closer to 5 percentage points annually, she said. It also would immediately help reduce emissions in other carbon-intensive sectors of the economy, she said.
I hope this is true. Biden could turn out to be the most productive democratic president since LBJ.