World Oil - Biden says fracing “not on the chopping block” in his $2 trillion climate plan

WASHINGTON (Bloomberg) --Joe Biden on Tuesday will unveil clean-energy and infrastructure plans that seek to balance progressives’ demands for bold action on climate against protecting swing-state jobs in a coronavirus-altered economy.

Biden’s plan includes $2 trillion in spending over four years and sets the goal of a 100% clean-energy standard by 2035, people briefed on the proposals said. That’s more spending over a shorter period than the $1.7 trillion, 10-year plan that Biden had offered during the Democratic primary.

The proposal is another key element of Biden’s broader plan to pull the U.S. out of the recession touched off by the pandemic as he builds his argument into the November election against President Donald Trump. With the energy plan, the Democratic nominee will seek to both revive the economy and address deeper systemic problems that existed before the virus hit.

https://www.worldoil.com/news/2020/7/14/biden-says-fracing-not-on-the-chopping-block-in-his-2-trillion-climate-plan