Joe Biden's climate plan targets net-zero emissions by 2050

[DonViejo]

By Eric Bradner and Arlette Saenz, CNN

Updated 7:14 AM ET, Tue June 4, 2019

(CNN) - Joe Biden's campaign unveiled a climate policy plan Tuesday aimed at getting the United States to eliminate net greenhouse gas emissions by 2050.

The former vice president's plan -- which comes amid criticism from progressives that he wouldn't go far enough to fight climate change -- carries a price tag of $1.7 trillion in its first 10 years, including $400 billion for research between universities and the private sector, which Biden's campaign says it would pay for by undoing the tax cuts enacted by President Donald Trump and congressional Republicans. Investments from state and local governments and private companies would push the total to $5 trillion, his campaign said.

The plan leaves Congress to decide what enforcement mechanism would be used to require corporations in the United States to meet the goals Biden's plan lays out -- and penalize them if they fall short.

Biden would also re-enter the Paris climate accord -- which Trump left -- on his first day in office, and then seek to raise its ambitions through "a major diplomatic push to raise the ambitions of countries' climate targets."

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https://www.cnn.com/2019/06/04/politics/joe-biden-2020-climate-plan/index.html