“We’re not just going to tinker around the edges. We’re going to make historic investments that will seize this moment in history.”
Presidential front-runner Joe Biden said this last month. He was talking about his blockbuster green energy spending plan. As you may have heard, Biden plans to spend $2 trillion on clean energy and infrastructure over four years if he becomes president.
That’s a staggering amount of money. The Trump administration currently allocates less than $100 billion per year to clean energy technology. So, we’re talking about a 20-fold surge in spending!
Biden also plans to end carbon emissions from power plants by 2035. It’s an ambitious goal. One that would require millions of solar panels, and tens of thousands of wind turbines.
Of course, you may think this is way too much money to spend on green energy. You may not think that climate change is a big deal. Or maybe you don’t think Biden should be America’s next president.
But you shouldn’t let your political views get in the way of big investment opportunities. That’s an expensive mistake many people make. Instead, I like to focus on the most likely outcomes, and invest accordingly.
And there’s no denying that Biden’s plan would turbocharge green energy stocks. We’re talking about $2 trillion, after all!
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