If President Joe Biden wins a second term, his administration aims to undertake even more climate initiatives that would target key industries, according to The New York Times.
Biden, in a potential second term, would target industries he views as heavily polluting, including steel mills, cement plants, factories and oil refineries, according to the NYT. The new green initiatives could threaten his chances in the upcoming 2024 presidential election, though, as steel and cement manufacturers in swing states who are often unionized could turn on him after hearing about his climate plans for their industry. (RELATED: Reaching Aggressive 2050 Climate Targets Could Cost Nearly $75 Trillion, Analysis Finds)
“If you are seen as imposing debilitating regulations on heavy industry that employs large numbers of people, you’re not only going to get a backlash from manufacturing, but labor as well,” David Axelrod, chief strategist for Obama’s presidential campaigns, told the NYT. “How to do that without looking like you are stabbing these industries in the back, or in the front for that matter, is a real political challenge.”
Biden’s plan to go after industrial emissions involves subsidizing new technologies that he believes would cut down on factories’ carbon footprint, including wind and solar power to create green hydrogen to power steel mills and cement production methods that do not release carbon dioxide when heating limestone, according to the NYT. The second half of his plan involves imposing tariffs on steel, cement and aluminum based on their carbon emissions.
Since Day One, the Biden-Harris Administration has delivered on the most ambitious climate and conservation agenda in history.
This week, the Administration advanced that commitment with new actions to protect lands and wildlife in the Alaskan Arctic. pic.twitter.com/mMmarO2p8A
— The White House (@WhiteHouse) September 8, 2023
The Biden administration has already pledged $370 billion to climate initiatives through the $750 billion spending bill, the Inflation Reduction Act. The legislation includes a multitude of subsidies for domestic manufacturers of green energy technologies.
The move to place new restrictions on industry follows the president’s goal of reaching net-zero carbon emissions by the year 2050. Biden has pumped huge subsidies into the electric vehicle industry to meet this goal, aiming for half of all new cars to be electric by 2030.
In addition to electric vehicles, the president has also targeted power plants in an attempt to encourage greener energy sources like solar and wind power, creating new Environmental Protection Agency regulations that have yet to be finalized that would compel the phaseout of coal-fired power plants, according to the NYT. The Biden administration has also put restrictions on oil and gas production through tightening requirements related to methane emissions.
“Apparently skyrocketing gas and energy prices weren’t enough for Biden, he wants to raise the prices on building and infrastructure costs and put hard working Americans further into debt,” Emma Vaughn, a spokeswoman for the Republican National Committee, told the NYT. “Biden will not be elected to a second term — American families can’t afford it.”
The White House did not immediately respond to a request to comment from the Daily Caller News Foundation.
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