Bloomberg

Biden's energy policy takes shape with wind and power line projects

The Biden administration on Wednesday outlined an array of initiatives to advance clean energy, including plans to hold the largest-ever sale of offshore wind farm rights in U.S. history and accelerate the construction of new power lines to transmit renewable electricity across the nation.

The efforts, which span at least seven federal agencies, could help fulfill President Joe Biden's climate ambitions to decarbonize the power grid by 2035 and at least halve U.S. greenhouse gas emissions by the end of the decade. The initiatives are being unveiled as key elements of Biden's climate agenda are stalled in the Senate.

"We're at an inflection point for domestic offshore wind energy development," Interior Secretary Deb Haaland told reporters Wednesday. "It represents a unique opportunity to build a brand-new industry that can combat climate change and create robust and sustainable economies -- economies with good paying union jobs that support families and put food on our table."..

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