Biden Is Too Worried About the Deficit, Not Worried Enough About Climate Change ...Middle East

To meet the emissions targets outlined in the Paris Agreement, experts estimate, the United States government will need to spend at least $1 trillion annually, or between 3 to 5 percent of GDP, for a decade. President Biden’s infrastructure plan, unveiled Wednesday amid much fanfare about its climate commitments, doesn’t come close.The American Jobs Plan includes many good things, from money for clean energy and getting rid of lead pipes to strong labor protections, along with the usual suspects like bridges and roads. But it intends to spend roughly 1 percent of GDP per year, with much of that devoted to things that will have marginal or potentially even negative impacts on the climate cons

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Biden Is Too Worried About the Deficit, Not Worried Enough About Climate Change ...Middle East

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