(CNBC) – President Joe Biden signed an executive order on Wednesday leveraging the federal government’s buying power to slash its carbon emissions by 65% by 2030 and become carbon neutral by mid-century, in the latest push by the administration to address human-caused climate change.
Under the order, the White House is set to spend billions of dollars to expand its federal fleet of electric vehicles, upgrade buildings owned or leased by the government and add more clean electricity to the country’s grid.
The new plan, which will likely face pushback by some Republicans and businesses, puts the government on track to run on carbon-zero electricity by 2030 and achieve net-zero greenhouse gas emissions by 2050.
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