Biden unveils climate plan, raising corporate taxes to pay for investment


  • World
  • Tuesday, 04 Jun 2019

FILE PHOTO: Democratic 2020 U.S. Presidential candidate Joe Biden gives a pep talk to Dallas County high school students after a campaign event at the SPARK! educational center in Dallas, Texas, U.S., May 29, 2019. REUTERS/Brandon Wade

WASHINGTON (Reuters) - Former Vice President Joe Biden released a plan on Tuesday to address climate change that included reversing Trump administration corporate tax cuts to help fund investment needed to achieve 100% clean energy and net-zero emissions by 2050.

Biden, the front-runner for the 2020 Democratic presidential nomination, said his plan would invest $1.7 trillion over 10 years in clean energy research and modernising infrastructure, and "reinvigorate" middle class manufacturing jobs.

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