President Joe Biden revealed a proposal to render the federal government emissions neutral, instructing federal agencies to purchase electric cars, power facilities with solar, wind, and nuclear energy, and employ sustainable building materials.
Mr. Biden issued a series of executive orders directing the federal government to alter its 300,000 properties, 600,000 automobiles and trucks, and $650 billion in yearly purchases to fulfill his objective of a federal government that stops emitting carbon dioxide by 2050. Mr. Biden has stated from the beginning of his presidency that he intends to utilize the federal government to serve as the model and to assist encourage green energy businesses. The transition was given a timetable in the executive orders signed.
Mr. Biden intends the federal government to buy power only from sources that don’t release carbon dioxide or other greenhouse gases that contribute to global warming by 2030. Building emissions should be cut in half by 2032, according to the Biden administration.
The Washington Post was the first to report on the executive order. Experts believe that if the measures are implemented, they will provide the renewable energy market with a considerable boost. “It’s an approach comparable to what China has done so well, utilizing the government’s purchasing power to create demand which markets can fulfil,” noted Joshua Freed, who works as the senior vice president in charge of the climate and energy at the Third Way, which is a centrist Democratic think tank.
“The federal government is one of, if not the greatest, purchasers in so many sectors,” Mr. Freed stated, pointing that the government spends approximately $5 billion on concrete each year. He believes that establishing standards for even more environmentally sustainable items, and also clean energy and zero-emission automobiles, will have a “great influence” on the private sector.
Mr. Biden has committed to reducing US emissions by 50% to 52% by the close of this decade, compared to 2005 levels. Billions of dollars in form of tax incentives are included in a massive climate and social spending plan coming through Congress, according to analysts, which might get the US halfway there, but the remainder will require considerable executive action.
Last month, Biden signed a massive infrastructure measure that included $7.5 billion for an infrastructure of electric vehicle chargers, and Congress is currently debating a much larger social welfare program that would contribute more than $500 billion to combat climate change. According to the White House, a “buy clean” program will emphasize products created and supplied with low greenhouse gas emissions. However, business organizations and Republican lawmakers, who traditionally oppose federal climate change policies, are likely to oppose the suggestions.