Here’s How Biden Would Spend $555 Billion in Climate Funds

President Joe Biden’s $1.75 trillion tax and spending framework calls for $555 billion to boost renewable power, electric vehicles and resilience to global warming.

If congressional Democrats go along, the plan would represent a historic investment in fighting global warming that Biden can tout to world leaders at the high-stakes <-bsp-bb-link state="{"bbHref":"bbg://securities/8243133Z%20US%20Equity","_id":"0000017c-c7d9-de60-a57e-cffb0f0f0001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">United Nations climate summit opening Sunday.

The funding could be “the single biggest thing that our nation has ever done to combat the climate crisis and certainly the biggest investment that Congress has ever made in climate and environmental justice jobs by far,” said Tiernan Sittenfeld, senior vice ...