Opinion: Joe Biden calls for “drastic action” and says “the next 12 years will determine the very livability of our planet.” Yet he fails to reckon with the economics implied by his rhetoric.
Joe Biden’s advisers said a month ago that he planned to pitch his climate agenda to the “middle ground.” Well, either the middle or the ground or both must have shifted, because on Tuesday the former Vice President unveiled a sweeping “Plan for a Clean Energy Revolution and Environmental Justice.”
The direct price for this green fever dream is $1.7 trillion in federal funds over 10 years. That’s less than the $3 trillion proposed by Washington Governor Jay Inslee, but it’s more than Beto O’Rourke’s $1.5 trillion plan. Mr....
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