Biden Plans To Target America’s Industrial Backbone With New Climate Crackdown: REPORTWill Kessler
Contributor
September 16, 2023 10:40 AM ET
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.
“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.
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