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At the Democratic National Convention this week, presidential and vice-presidential candidates Joe Biden and Kamala Harris will make the case for spending $2 trillion, or $500 billion per year, to transition the U.S. away from fossil fuels toward renewables like solar and wind.
Biden has said he would not “tinker around the edges” with his plan. “We’re going to make historic investments that will seize the opportunity.”
In many respects, the Biden-Harris plan is even more aggressive than California’s. “The plan is very bold,” Leah Stokes of the University of California, Santa Barbara, told the Financial Times. “There is no [US] state right now that has a target this ambitious.”